Goldman Sachs Downgrades MINTH GROUP (00425) to "Neutral" Rating as Valuation Hinges on Global Auto Demand Outlook

Stock News

2025/09/12

Goldman Sachs has issued a research report stating that MINTH GROUP's (00425) first-half EBIT performance met expectations. The investment bank has raised its net revenue forecasts for the group by 13% for 2025-2027 and increased its target price from HK$27.6 to HK$33.5. However, it has downgraded the stock's rating to "neutral."

The bank believes that MINTH GROUP's next phase of valuation rerating will depend on the global automotive demand outlook. Goldman Sachs expects that automotive demand in major markets will reach a peak, with growth projected to decelerate from 6% in 2023-2024 to 1% in 2025-2026, before declining by 2% in 2027-2028.

Consequently, the bank anticipates that MINTH GROUP's net profit growth will slow to 15% in 2025-2026 and further decline to 11% in 2027.

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The investment bank has raised its net revenue forecasts for the group by 13% for 2025-2027 and increased its target price from HK$27.6 to HK$33.5. However, it has downgraded the stock's rating to \"neutral.\"</p>\n<p>The bank believes that MINTH GROUP's next phase of valuation rerating will depend on the global automotive demand outlook. Goldman Sachs expects that automotive demand in major markets will reach a peak, with growth projected to decelerate from 6% in 2023-2024 to 1% in 2025-2026, before declining by 2% in 2027-2028.</p>\n<p>Consequently, the bank anticipates that MINTH GROUP's net profit growth will slow to 15% in 2025-2026 and further decline to 11% in 2027.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2471134879.HKD","symbol_name":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","start_time":0,"source_url":"","article_id":"1143520354","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143520354","pubTimestamp":1757657653,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Goldman Sachs has issued a research report stating that MINTH GROUP's (00425) first-half EBIT performance met expectations. The investment bank has raised its net revenue forecasts for the group by...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK4585":"ETF&股票定投概念","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","BK4127":"投资银行业与经纪业","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","BK4516":"特朗普概念","BK1144":"机动车零配件与设备","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","BK4504":"桥水持仓","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","BK1589":"北水核心资产","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","BK4588":"碎股","BK4550":"红杉资本持仓","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","BK4552":"Archegos爆仓风波概念","00425":"敏实集团(一百)","BK1509":"特斯拉概念股","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU0106831901.USD":"贝莱德世界金融基金A2","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC"},"translate_title":"高盛下调敏实集团(00425)评级至“中性”评级估值取决于全球汽车需求前景","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00425":1},"content_text":"Goldman Sachs has issued a research report stating that MINTH GROUP's (00425) first-half EBIT performance met expectations. The investment bank has raised its net revenue forecasts for the group by 13% for 2025-2027 and increased its target price from HK$27.6 to HK$33.5. However, it has downgraded the stock's rating to \"neutral.\"\nThe bank believes that MINTH GROUP's next phase of valuation rerating will depend on the global automotive demand outlook. Goldman Sachs expects that automotive demand in major markets will reach a peak, with growth projected to decelerate from 6% in 2023-2024 to 1% in 2025-2026, before declining by 2% in 2027-2028.\nConsequently, the bank anticipates that MINTH GROUP's net profit growth will slow to 15% in 2025-2026 and further decline to 11% in 2027.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}