中信证券:维持巨子生物“买入”评级 目标价44港元
Zhi Tong Cai Jing·2025-12-11 02:30

Group 1 - The core viewpoint of the article indicates that due to the industry environment and corporate operational decisions, the sales of Giant Bio (02367) are under pressure during the Double Eleven shopping festival, leading to a downward revision of revenue and profit forecasts for 2025 [1] - The company has solid brand assets and there are structural highlights in its operations, suggesting potential for future growth despite current challenges [1] - Looking ahead, the company has a clear short, medium, and long-term strategy, with a goal to achieve 10 billion yuan in revenue and a well-defined plan for products, operations, and channels [1] Group 2 - The revenue and profit forecasts for 2025 have been adjusted to 5.49 billion yuan and 1.93 billion yuan respectively, with the net profit forecast adjusted to 1.98 billion yuan [1] - The company is assigned a target price of 44 HKD based on a 20x PE for 2026, maintaining a "Buy" rating [1] - The company plans to launch new products while undergoing brand rejuvenation, with the potential to create a second OTC blockbuster brand [1]

CITIC Securities Co., Ltd.-中信证券:维持巨子生物“买入”评级 目标价44港元 - Reportify