复宏汉霖(2696.HK)逆势收涨2.34% 绩后获高盛上调盈测及目标价

中金财经
Yesterday

  中东冲突再升级,全球市场狂泻遭遇“黑色星期一”。港股三大指数今日大幅下挫,恒指盘中一度跌逾4%创逾8个月新低,最终收跌3.54%重挫近900点。科技股、金融股等多数板块基本全军覆没,医药板块未能幸免,恒生生物科技指数收跌4.1%创去年7月以来新低。板块中仅少数股票逆势上涨,其中,复宏汉霖(2696.HK)逆势收涨2.34%,报65.65港元,市值356.8亿港元。   消息面上,复宏汉霖上周五(3月20日)发布2025年年度业绩。期内实现营收66.666亿元,同比增长16.5%;净利润8.270亿元,公司全年研发投入达24.919亿元,同比增长35.4%,在持续加大创新投入的背景下,研发投入前利润达23.425亿元,同比增长26.2%。这是公司自2023年首次实现全年盈利以来,连续三年实现营收、利润双增长,展现出稳健的盈利韧性和高质量增长能力。   高盛最新发研报指,复宏汉霖去年下半年总收入按年升29%至38亿元,其中中国内地销售胜于预期,按年升31%至32亿元。尽管因拓展临床试验项目,令研发费用大幅上涨,但下半年盈利仍超预期,受惠于收入增长强劲和毛利率不断提升。该行将复宏汉霖今年及明年销售预测分别上调8.6%及8.3%,维持2028年销售预测不变,各年纯利预测则分别上调3,800万元、2.24亿元及1.43亿元,将其目标价由102.72港元上调至104.79港元,评级“买入”。(格隆汇)   

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