Market Brief

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Author

伍洛桓先生(Gary Ng)
經理

畢業於美國加州大學聖地牙哥分校。對投資股票、期權經驗豐富。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得。
Phone:
36533000

統一企業中國控股有限公司 (0220.HK)

Friday, December 11, 2020 Views4514

主要於中國內地從事生產及銷售方便麵和飲料產品。

 

 

基本資料 :

現價 : $7.57

市值 : $328億

市盈率 : 20.3

市賬率 : 2.16

周息率 : 4.54%

52週高/低 : $8.83 / $5.81

10天/50天/250天平均價 : $7.226/ $7.095 / $7.612

 

主要股東 :

統一企業股份有限公司       71.00%

 

評論:

統一企業中國自1992年起,以台灣最大食品及飲料公司統一企業集團分公司身份營運,於國內生產及銷售「統一」品牌之飲料及方便麵。集團之主要飲料產品為果汁飲料及即飲茶,亦生產及銷售奶茶、咖啡、礦物質水、冷藏果汁及酸奶產品。方便麵產品主要為碗麵、袋裝麵及乾脆麵等。

 

集團公佈了2020年上半年度為人民幣118.17億元,較去年同期上升3.0%。其中食品業務收入錄得人民幣52.07億元,同比增長22.0%。飲品業務在上半年收入錄得人民幣62.91億元,較去年減少7.4%。經營溢利為人民幣13.9億元,相較2019年上半年經營溢利錄得之人民幣13.05億元上升6.4%。2020年上半年新型冠狀病毒席捲全球,給人民生命安全帶來嚴重威脅,影響日常生活的同時也改變了人們的生活方式和消費觀念。在2020年上半年,方便麵行業在應對疫情中,起到了很好應急作用,其安全美味讓消費者對方便麵有了新的認識,行業增長明顯。而集團在疫情中得到各級政府大力支持而有序復工,令食品業務收益增速上升。集團因應新型冠狀病毒疫情影響,線上渠道發展迅速,飲品主要通過精耕美團、餓了麼、興盛優選等平台,加大資源投入,重點聚焦整箱、多包入、大包裝產品,切入家庭消費需求。

 

疫情期間,「宅經濟」的催生,帶來線上購物需求激增。同時食品行業也將適應市場需求,未來方便食品市場將向高端化,正餐化,和營養化發展。集團將不斷完善生活麵和生活料理的佈局,在產品結構上持續優化,並嚴選推出差異化創新性產品,滿足不同消費者需求,不斷擴大集團事業版圖。

 

 

建議買入價: $7.20

目標價: $8.50

止蝕價: $6.68

 

註:本人伍洛桓為證監會持牌人士。截至本評論文章發表日止,本人及/或其有聯繫者並無持有全部提及之証券的所有相關財務權益。

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