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.
《大行報告》高盛:李寧(02331.HK)業績優於市場原先憂慮水平 維持「中性」評級
高盛發表報告指,李寧(02331.HK)業績優於市場原先憂慮水平,去年底止渠道庫存水平改善,令人感到驚喜,去年下半年淨利潤按年跌43%,較高盛預測低出2%,主要由於減值拖累期內經營利潤遜預期,但被高於預期的非營業性收入所部分抵銷。 該行指出,李寧上季零售銷售去化按年增長約20%至24%,略高於該行原先預期,對比同業安踏(02020.HK)旗下品牌去化率爲介乎十數個百分點至30%不等,預期今年銷售增長及利潤率將仍是投資者關注重點,期望管理層可透露未來業務增長指引、經營開支計劃、門店網絡進一步優化等展望。 高盛維持對李寧的「中性」評級,目標價22元,對應預測2024年市盈率約16倍。
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 this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.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.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account