《大行》高盛料油价上升餐饮受影响较小 代工厂、运动服装及潮流玩具成本压力更显著

阿斯达克财经
Yesterday

高盛就油价上升对消费企业的影响发表研究报告,该行的敏感度分析显示,餐饮行业的利润率受影响程度相对较小,因对石油副产品的成本敞口较低。不过,代工生产商(OEM)、运动服装及潮流玩具企业的成本敞口较高,可能面临更显著的成本压力。不同主要原材料价格与油价变化的关连度各有不同,而利润率水平较高企业的经营溢利应更具韧性。就成本转嫁而言,理论上OEM成本增加可由品牌承担,但价格变动可能存在时间差,而且当需求...

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