智通财经APP获悉,招银国际发布研报称,绿茶集团(06831)发布盈利预喜,预计今年上半年净利润年增长32%至36%,超出预期。招银国际予绿茶集团维持“买入”评级,目标价从9.73港元升至10.54港元。
绿茶集团管理层预测2025年上半年净利润约为2.3亿至2.37亿元人民币,代表同比增长32%至36%。此外,调整后净利润预计约为2.47亿至2.54亿元人民币,隐含38%至42%年增长(扣除约1,500万至2,000万元人民币的上市费用后)。
招银国际认为,上述利好表现主要驱动因素包括:销售增长加速(2025年上半年销售额可能年增21%至25%,达22.5亿至23.3亿元人民币);快速门店扩张(根据该行估计,门店数量增长约25%);门店层面盈利能力及营运效率提升。该行认为,绿茶集团利润率改善实际上相当关键,外送渠道销售增长是公司重点之一,且行业也有利好因素助力。招银国际对集团2025年下半年展望仍正面,因门店开设速度仍按计划进行。
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