瑞银发表研报指，中国飞鹤(06186.HK) 去年收入按年升6.2%，净利润升5.3%，意味着去年下半年销售增长8.7%，较去年上半年的3.7%有所加速，净利润按年增长仅0.1%。该行认为，公司去年下半年销售基本符合预期，惟净利润则低于预期，主要由于销售费用高于预期、政府补贴减少、有效税率提高。公司去年总股息为27亿元人民币，意味派息率为76%，相对2023年的70%。
该行将中国飞鹤2025至2027年每股盈利预测下调2%至5%，目标价由6.65元上调至7.4元，维持“买入”评级，并相信中国飞鹤将成为全国生育补贴潜在推出的主要受益者。(js/j)(港股报价延迟最少十五分钟。沽空资料截至 2025-03-31 12:25。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.