Northeast Stock Forum

The market may have already priced in the EPS drop. Despite a 3-year total shareholder return of -22%, Northeast Securities' trailing twelve-month loss of 4.7% outperformed the market's 21% loss.

Investors are ignoring recent poor earnings growth rate and expecting a reversal in business prospects. Continued trends risk a stock price decline and further decrease of the current P/E.

Company's underperformance has disappointed shareholders in the last three years. Recent signs suggest improvement, however, there are warning signs for potential investors.

Northeast Securities predicted that the net profit attributable to the parent in 2022-24 was 115.959/152188/170.985 billion yuan, and the net profit attributable to the parent in non IFRS was 115.123/142483/162.249 billion yuan. The bank is optimistic about the repair of Tencent after the epidemic and the realization increment of video number.
According to the report, the company's self-developed products of 22Q...