野村发布研究报告称，毛利率的复苏速度超出预期，亦高于市场预测的27%，加上经营开支比率同比改善0.47个百分点，公司中期盈利同比大幅增长61%。另外，由于下半年的订单前景较佳，公司正在扩充产能。该行将集团目标价由104.3港元上调至105.5港元，评级“买入”。Shenzhou International (02313) rebounded by more than 5% and as of the time of writing, it rose by 5.32%, closing at HKD 65.35 with a turnover of HKD 0.227 billion.
According to the Futu Securities app, Shenzhou International (02313) rebounded by more than 5% and as of the time of writing, it rose by 5.32%, closing at HKD 65.35 with a turnover of HKD 0.227 billion.
In terms of news, Shenzhou International's revenue for the first half of the year was CNY 12.976 billion, a year-on-year increase of 12.2%; net income was CNY 2.931 billion, a year-on-year increase of 37.8%. Ping An Securities pointed out that the company's gross profit for the first half of the year was CNY 3.76 billion, a year-on-year increase of 45.0%; gross margin was 29.0%, a year-on-year increase of 6.6ppt; mainly due to the overall improvement in capacity utilization and increased production efficiency of overseas new factories.
Nomura released a research report stating that the recovery speed of gross margin exceeded expectations and was higher than the market forecast of 27%. In addition, due to the improvement in the year-on-year operating expense ratio by 0.47 percentage points, the company's mid-term profit increased significantly by 61%. Furthermore, due to the optimistic outlook for orders in the second half of the year, the company is expanding its production capacity. The bank raised the group's target price from HKD 104.3 to HKD 105.5 and rated it as a "buy".
