Golden data on March 3rd, Dahua Jixian published a research report stating that the performance of ZTE (00763.HK) in the fourth quarter of the 2024 fiscal year once again fell below the bank's and the market's expectations, with a 10.3% year-on-year decrease in revenue and a 65.1% büyük düşüş in profit. Dahua Jixian maintains a "hold" rating on ZTE, with an H-share target price raised from 19 Hong Kong dollars to 26.5 Hong Kong dollars. In addition, Dahua Jixian lowered its net profit forecast for the 2025 and 2026 fiscal years of ZTE by 8.4% and 6.4%, respectively. This is mainly due to the increase in revenue forecast for government, enterprise and consumer businesses; a büyük düşüş in revenue forecast for operator network business; a decrease in profit margin assumptions due to changes in the product mix of government and enterprise businesses; and stricter control over operating expenses, resulting in a lower operating expense ratio.
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Dahua Jixian: ZTE'nin hedef fiyatını 26.5 Hong Kong dolarına yükseltti, mevsimlik performans tekrar beklentilerin altında kaldı
Golden data on March 3rd, Dahua Jixian published a research report stating that the performance of ZTE (00763.HK) in the fourth quarter of the 2024 fiscal year once again fell below the bank's and the market's expectations, with a 10.3% year-on-year decrease in revenue and a 65.1% büyük düşüş in profit. Dahua Jixian maintains a "hold" rating on ZTE, with an H-share target price raised from 19 Hong Kong dollars to 26.5 Hong Kong dollars. In addition, Dahua Jixian lowered its net profit forecast for the 2025 and 2026 fiscal years of ZTE by 8.4% and 6.4%, respectively. This is mainly due to the increase in revenue forecast for government, enterprise and consumer businesses; a büyük düşüş in revenue forecast for operator network business; a decrease in profit margin assumptions due to changes in the product mix of government and enterprise businesses; and stricter control over operating expenses, resulting in a lower operating expense ratio.