华泰证券发表报告，万物云(02602.HK) 预计去年持续关连交易对于集团整体收入占比低于9.8%，过去三年的持续关连交易占比持续下降，认为公司已主动消化及控制关联方潜在回款风险，尽可能减少潜在减值损失，经营独立性进一步提升，虽然业绩或仍需承担一段时间的阵痛，但考虑到公司在蝶城布局、多业态市拓及科技方面的竞争优势，以及对股东回报的重视，维持其“买入”评级，目标价由21.02元上调至25.03元。
报告认为，明年万物云持续关联交易营收占比或将继续下降，但对于公司业绩的边际影响或将有所降低。同时，公司积极推动以资抵债，有助于尽可能降低潜在回款风险，而社区商业资产与公司“蝶城”战略具备契合度，但部分资产可能仍将面临去化及减值压力。华泰证券分别维持万物云2024年至2026年归属母公司净利润17.39、19.71及23.04亿元人民币的盈利预测。(mn/u)(港股报价延迟最少十五分钟。沽空资料截至 2025-01-02 12:25。)
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.