PDD HOLDINGS INC_Downgrade to Neutral_ Low financial visibility can't justify an investment case now
DDI·2024-11-26 06:25
更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 Key Changes (FYE Dec) Prev Cur Adj. EPS - 24E (Rmb) 87.05 83.65 Adj. EPS - 25E (Rmb) 101.15 90.22 Revenue - 24E (Rmb mn) 409,728 401,261 Revenue - 25E (Rmb mn) 536,186 485,858 Adj. EBIT - 24E (Rmb mn) 129,183 120,625 Adj. EBIT - 25E (Rmb mn) 158,633 131,013 Adj. EPS (Rmb) 2023A 2024E 2025E Q1 6.92 20.72A 20.53 Q2 10.47 23.24A 22.65 Q3 11.61 18.59A 22.25 Q4 17.32 21.00 24.79 FY 46.17 83.65 90.22 www.jpmorganmarkets.com Asia Pacific Equity Research 22 November 2024 ▼ Neutral Previ ...