海底捞(06862)早盘一度涨超7%,截至发稿,股价上涨6.58%,现报18.78港元,成交额5.40亿港元。
中金发布研报称,考虑毛利率优化和折摊费用下降,上调海底捞(06862)25/26年归母净利润4%/4%至49.8亿元和54.6亿元,维持跑赢行业评级,考虑行业估值中枢上行,上调目标价15%至19.5港元,对应25/26年P/E 20.6倍/18.5倍。该行称,海底捞2024年业绩略超该行预期,主因毛利率优化及转让餐厅给加盟商等收益好于预期。
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