大摩：海底捞(06862)短期受压为吸纳机会目标价21.5港元

智通财经03-25

智通财经APP获悉，摩根士丹利发布研报称，海底捞(06862)2025年收入同比升1%至428亿元人民币(下同)，净利润为40.5亿元，符合该行及市场预期。大摩认为，最令人惊讶的是派息比率由2024年的95%下调至2025年的86%，相信是由于公司计划加大资本开支，拟投资于自动化、效率提升及开设新品牌门店。该行将关注业绩会上管理层对2026年同店生产力的展望、网络扩张计划及利润率指引; 预期股价...

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大摩：海底捞(06862)短期受压为吸纳机会 目标价21.5港元

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大摩：海底捞(06862)短期受压为吸纳机会目标价21.5港元