You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
大摩:予小米(1810.HK)“增持”评级 目标价10.5港元
格隆汇 10-23 11:43
摩根士丹利发表研究报告,基于内地智能手机出货量下跌,将对小米(1810.HK) 第三季的销售预测下调2%至533亿元人民币(下同)。该行预期公司的毛利率趋势将会按季持平在14.2%,经调整经营利润率5.9%。对公司第三季的经调整盈利预测则大致不变,仍维持在27亿元,这是因为健康的毛利率及潜在的非营运收入将有助抵销疲弱的销售表现。
另外,大摩预期小米2019年的智能手机出货量将会按年增长4%,2020年将会增长16%。该行提到,其5G手机的定价将会更高,以反映更高的元件成本,但预期小米将继续利用在成本效率方面的优势来加快5G手机的推出,这将会是公司2020年的主要增长动力。该行将小米的目标价由原来的11港元下调至10.5港元,投资评级“ 增持 ”。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account