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G Sachs: YIHAI INTL (01579.HK) Fundamentals Remain Solid, Maintains Buy Rating
Recommend 2 Positive 5 Negative 3 |
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G Sachs issued a research report noting that YIHAI INTL (01579.HK) has seen a recent 13% share price pullback, which it believes was driven by excessive market concerns over raw material costs and volatility in non-operating items. The broker emphasized that the company’s fundamental strength and earnings visibility remain solid. In the first five months of this year, its third-party business maintained strong double-digit growth. The broker maintained a Buy rating on the stock, while slightly lowering its TP from HKD19.1 to HKD19. The broker expects YIHAI INTL’s full-year core operating profit in 2026 to increase by 17%. After factoring in reduced government subsidies and foreign exchange losses resulting from RMB appreciation, full-year net profit is projected to grow YoY by 10% to RMB943 million. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. 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
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