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大行评级 | 大摩:新高教(2001.HK)中期业绩大致符预期 评级“增持”

Bank rating | Morgan Stanley: the medium-term performance of New higher Education (2001.HK) is much in line with the expected rating.

Gelonghui Finance ·  Apr 29, 2022 17:32
Gelonghui, April 29th? according to the Daimo Research report, the performance of the New higher Education Group (2001.HK) in the first half of this year was roughly in line with expectations, with annual revenue growth of 32% to 1.04 billion yuan, slightly higher than the bank's expectations, and its net profit margin fell by 4 percentage points to 33%, roughly in line with expectations, maintaining the target price of HK $3.20 and being rated as "overweight". The bank said the new higher education maintained its guidance of 15 per cent annual profit growth for the current fiscal year and 15 per cent compound annual profit growth for the next three years, which will be mainly driven by tuition fees and appreciate the company's higher dividend yield than its peers. The stock is now trading at HK $2.79, with a total market capitalization of HK $4.359 billion.

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