【汇丰环球降信义玻璃目标价至7.3港元 不预期今年会出现复苏】金十数据1月3日讯，汇丰环球研究指，信义玻璃(00868.HK)周二发盈警，料去年盈利32亿至37亿元，按年跌三至四成，差于该行预期，该盈警意味去年下半年盈利介乎4.89亿至10.26亿元，为十年来最差的半年。该行预期今年玻璃需求下降，因房地产大市持续下滑，楼市相关政策刺激料只能减缓下降情况。供应侧方面，部分生产商因盈利能力受压停产，但不足扭转不利的供需动能，预期玻璃价格及盈利率仍处历史低位，且欠缺上行空间，供应侧需有显着改变以改善盈利。该行维持信义玻璃持有评级，目标价由10.7港元降至7.3港元，基于大幅削减盈利预测，目标价为预测股本回报率8%，目标市账率为0.8倍，为2016年以来历史平均值低1.5个标准差，预期行业盈利能力受压将触发今年首季进一步减产。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.