GTJA predicts that the earnings per share of Tanzi International (02217) for the fiscal year 2025-2027 will be HKD 0.096/HKD 0.103/HKD 0.111 respectively.
According to the research report released by GTJA, maintain the "buy" rating of Tanzi International (02217), predicting that the earnings per share for the fiscal year 2025-2027 will be HKD 0.096/HKD 0.103/HKD 0.111 respectively, with a compound annual growth rate of 7.8%, and a target price of HKD 1.4. The bank believes that Tanzi's business in Hong Kong will maintain steady growth in the next few years, even if Hong Kong residents consume more in mainland China than tourists visiting Hong Kong, the company will be less affected by this trend.
The bank expects that Tanzi's future growth will come from 1) overseas business expansion, and 2) franchise cooperation with controlling shareholders. Tanzi will accelerate its business expansion in Australia, the Philippines, and Southeast Asia in the next few years. Australia with a large number of overseas Chinese, and Southeast Asia are suitable for the "Tanzi" brand's business expansion, and 1) establishing joint ventures, and 2) franchise cooperation will be suitable expansion models for overseas markets.