Latest Search
Quote
| Back Zoom + Zoom - | |
|
CICC Cuts China Galaxy (06881.HK) TP to HKD11.2; 2025 Results Slightly Miss Expectations
Recommend 7 Positive 4 Negative 4 |
|
|
|
|
CICC recently published a report stating that China Galaxy (06881.HK)'s 2025 results slightly fell short of its expectations. Revenue and net profit increased YoY by 24% and 25% to RMB28.3 billion and RMB12.5 billion, respectively. Weighted average ROE rose by 1.5 ppts YoY to 9.8%. 4Q net profit declined 49% YoY and 65% QoQ, with single-quarter annualized ROE at 4.1%. The company proposed a cash dividend of RMB1.4 billion, implying a payout ratio of 31%. CICC noted that due to the slight earnings miss in 2025, it lowered its net profit forecasts for 2026 and 2027 by 6% and 7% to RMB14.2 billion and RMB15.2 billion, respectively. CICC cut its H-share TP for China Galaxy to HKD11.2 and maintained an Outperform rating. (ha/w) 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 |
|
