智通财经APP获悉，大和发布研报称，李宁(02331)去年末季营运数据优于市场所忧虑情况，略超去年营收指引; 净利润率有望接近10%，料今年业绩扭转颓势，并伴随品牌热度提升，以及新产品及门店推出，基于2026年预测18倍市盈率，重申目标价24港元及“买入”评级。
大和指出，在分析师电话会议中，李宁管理层指2025年营收可能略超先前同比持平之指引，而净利润率将达到“强劲的高单位数”(接近10%)。这些说法大致符合大和预测，应促使市场共识对预测进行小幅上调。大和相信李宁的复苏势头正在推进，并重申其作为中国运动服饰品牌的首选标的。
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.