Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research> CICC Raises TP of Wasion Holdings (03393.HK) to HKD30, Rating 'Outperform'
Recommend 3 Positive 3 Negative 1 |
||||
|
||||
|
CICC published a research report stating that Wasion Holdings (03393.HK) is expected to achieve a total revenue of RMB100.7 billion in 2025, representing a year-on-year increase of 15.6%. The net profit attributable to shareholders is projected to be RMB10.6 billion, a year-on-year increase of 50%, with a dividend payout ratio of 40%. The company's 2025 performance exceeded the expectations of the firm. The company has launched a new generation of electricity meters targeting the North American market, and CICC is optimistic about the company's strategy to leverage its Mexican factory to gradually promote products such as electricity meters and distribution systems into the North American market. The firm noted that considering product upgrades and cost reduction and efficiency improvement, it has raised the company's net profit forecasts for this year and next year by 8% and 6% to RMB13.3 billion and RMB16.2 billion, respectively. The target price has been raised by 150% to HKD30, with a rating of 'Outperform'. (ca/w) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
