惠譽首予小米(01810.HK)信貸評級「BBB」 展望穩定
評級機構惠譽發表報告,首予小米集團(01810.HK)長期本外幣發行人違約評級「BBB」,展望穩定。據該行準則,「BBB」屬投資級別。
報告稱,評級反映惠譽料小米在疫情爆發期間維持經營狀況,及在大流行後快速恢復財政狀況。惠譽稱,小米生產主要依賴外判夥伴及物聯網生態系統夥伴,而且更多依賴線上銷售,其高度規模及有效經營,是小米信貸狀況與同業有所分別的主因。相較同業較高的營運開支及資本開支結構,小米較輕巧的營運開支及資本開支結構將致其較小程度受疫情影響。
惠譽另稱,小米流動性充裕,短期盈利能力下滑料不會導致其債務顯著堆積,意味疫情過後小米盈利能力及現金流生成復甦,將改善其財政狀況。
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.