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<Research>HSBC Research Lifts MIDEA GROUP (00300.HK) TP to $112, Keeps Buy Rating
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MIDEA GROUP (00300.HK)'s 4Q25 revenue/ net profit increased by +6%/ -11% YoY each, both in line with expectations, HSBC Global Research issued a research report saying. Excluding the M&A impact, the Company's organic revenue/ net profit showed positive growth for the quarter. MIDEA GROUP announced a final DPS of RMB3.8, along with an interim DPSof RMB0.5, resulting in a dividend payout ratio of approx. 74%, the broker added. Also, MIDEA GROUP launched a share buyback plan of up to RMB13 billion, offering shareholders a return of up to 8%. HSBC Global Research largely maintained its 2026/ 2027 revenue forecasts for MIDEA GROUP, and raised its net profit forecasts by 2%, reflecting greater confidence in MIDEA GROUP's operating profit margin due to measures taken to alleviate cost pressures. Therefore, the broker lifted its target price for MIDEA GROUP from $110 to $112, with rating kept at Buy. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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