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奇富科技(03660.HK)飆近兩成 美銀證券指回購態度改善升目標價至59.77元 大摩:出現部分穩定信號
奇富科技-S(03660.HK)今日(28日)高開14.96%,最高見60.5元。現報59.1元,升19.93%,成交20.07萬股,涉資1,176.31萬元。美銀證券發表研究報告指,奇富科技第一季收入按季減少4.5%,按年減少16.7%至39.09億元人民幣(下同),較市場預期高出6.6%;非公認會計準則(Non-GAAP)淨利潤按季下跌11.6%,按年下...
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奇富科技(03660.HK)飆近兩成 美銀證券指回購態度改善升目標價至59.77元 大摩:出現部分穩定信號
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5
 
 

奇富科技-S(03660.HK)  +9.870 (+20.028%)    Short selling $2.96K; Ratio 0.017%   今日(28日)高開14.96%,最高見60.5元。現報59.1元,升19.93%,成交20.07萬股,涉資1,176.31萬元。

美銀證券發表研究報告指,奇富科技第一季收入按季減少4.5%,按年減少16.7%至39.09億元人民幣(下同),較市場預期高出6.6%;非公認會計準則(Non-GAAP)淨利潤按季下跌11.6%,按年下跌50.9%至9.46億元,接近此前指引9億至9.5億元的上限,且較預期高出3.9%。若扣除非經常性優先可轉換票據(CSN)回購收益,核心Non-GAAP淨利潤按年跌56.7%,但按季回升3.9%至8.35億元。管理層對回購採取更具建設性的態度,表示鑑於估值具吸引力,股份回購已重新成為可行選擇,標誌著較對上一季的審慎態度有所轉變。美銀證券表示,為反映第一季業績,將奇富科技2026至2028年每股盈利預測上調10%至14%,並將其目標價由53.81港元上調11%至59.77港元;奇富(QFIN.US)      美股目標價相應由13.8美元上調至15.33美元。因應風險回報平衡,該行重申其「中性」評級。
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摩根士丹利發表研究報告指出,奇富科技首季貸款量按季減少7.5%,但較該行預期高出8.8%,主要受到科技解決方案貸款量增加所帶動。期內資產質量有所改善,意味着緊縮措施正在發揮作用,第一季C-M2由去年第四季的0.97%降至0.81%。公司表示第二季仍將錄得邊際改善。公司管理層指,目前是更積極參與股份回購的好時機,其語氣轉變顯然是積極的。

該行表示,奇富科技在今年第二及第三季度仍面臨一些監管不確定性,包括政策制定者對平均貸款利率的合適水平可能仍有爭議,且將於2026年8月生效的新規可能影響小型長尾借貸機構。管理層在短期內強調業務的質量而非規模,並預計未來數季定價可能繼續溫和下降,但速度將慢於今年首季。摩根士丹利維持奇富(QFIN.US)      美股「增持」評級,目標價維持25美元。(ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-28 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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