建银国际发布研报称,维持同程旅行(00780)“优于大盘”评级,目标价由22.8港元升至23.7港元。该行指出,同程的2024年第四季度收入为42.4亿元人民币,同比增长35%,调整后的净利润为6.6亿元人民币,同比增长37%,比该行的预期高出5%,比市场预期高出10%,这得益于超出预期的酒店和旅游收入以及低于预期的项目。该行预计同程的核心OTA业务将保持良好势头,得益于酒店间夜数的两位数增长以及平均每日房价的稳定、更高的入住率和酒店管理业务的加速发展。
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