交银国际：鸣鸣很忙首予“买入”评级目标价542港元

新浪港股05-15

热点栏目自选股数据中心行情中心资金流向模拟交易

客户端

　　交银国际发布研报称，预计鸣鸣很忙（01768）2025-2028年收入CAGR约18%，经调整净利润CAGR约23%，利润增速快于收入增速，展现出量贩模式从规模扩张期进入盈利变现期的特征，预计经调整净利率将从2025年的4.1%稳步提升至2028年的4.6%。基于25倍2026-27年平均市盈率，给予目标价542.00港元，对应1.1倍PEG，在可比公司中具备吸引力，首予“买入”评级。

海量资讯、精准解读，尽在新浪财经APP

责任编辑：卢昱君

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2635037197?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-05-15 14:42","share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","id":"2635037197","market":"sh","top_or_hot":-1,"title":"交银国际：鸣鸣很忙首予“买入”评级 目标价542港元","media":"新浪港股","content":"<html><body><div>\n<div>\n<div>\n<img src=\"http://image.sinajs.cn/n/hk/min/640x360xxfhd/01768.png\"/>\n</div>\n<div>\n<div>\n<span>热点栏目</span>\n<s></s>\n自选股\n数据中心\n行情中心\n资金流向\n模拟交易\n</div>\n客户端\n</div>\n</div>\n<p>　　<a href=\"https://laohu8.com/S/03329\">交银国际</a>发布研报称，预计<a href=\"https://laohu8.com/S/01768\">鸣鸣很忙</a>（01768）2025-2028年收入CAGR约18%，经调整净利润CAGR约23%，利润增速快于收入增速，展现出量贩模式从规模扩张期进入盈利变现期的特征，预计经调整净利率将从2025年的4.1%稳步提升至2028年的4.6%。基于25倍2026-27年平均市盈率，给予目标价542.00港元，对应1.1倍PEG，在可比公司中具备吸引力，首予“买入”评级。</p>\n<div>\n<div><img src=\"\"/></div>\n<div>海量资讯、精准解读，尽在新浪财经APP</div>\n</div>\n<p>责任编辑：卢昱君 </p>\n</div></body></html>","source":"sina","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>交银国际：鸣鸣很忙首予“买入”评级 目标价542港元</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n交银国际：鸣鸣很忙首予“买入”评级 目标价542港元\n</h2>\n\n<h4 class=\"meta\">\n\n</h4>\n\n</header>\n<article>\n<html><body><div>\n<div>\n<div>\n<img src=\"http://image.sinajs.cn/n/hk/min/640x360xxfhd/01768.png\"/>\n</div>\n<div>\n<div>\n<span>热点栏目</span>\n<s></s>\n自选股\n数据中心\n行情中心\n资金流向\n模拟交易\n</div>\n客户端\n</div>\n</div>\n<p>　　<a href=\"https://laohu8.com/S/03329\">交银国际</a>发布研报称，预计<a href=\"https://laohu8.com/S/01768\">鸣鸣很忙</a>（01768）2025-2028年收入CAGR约18%，经调整净利润CAGR约23%，利润增速快于收入增速，展现出量贩模式从规模扩张期进入盈利变现期的特征，预计经调整净利率将从2025年的4.1%稳步提升至2028年的4.6%。基于25倍2026-27年平均市盈率，给予目标价542.00港元，对应1.1倍PEG，在可比公司中具备吸引力，首予“买入”评级。</p>\n<div>\n<div><img src=\"\"/></div>\n<div>海量资讯、精准解读，尽在新浪财经APP</div>\n</div>\n<p>责任编辑：卢昱君 </p>\n</div></body></html>\n\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.sina.com.cn/wm/2026-05-15/doc-inhxyimc9346659.shtml\">新浪港股</a> </p>\n\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n</div>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01768","symbol_name":"鸣鸣很忙","start_time":0,"source_url":"https://finance.sina.com.cn/wm/2026-05-15/doc-inhxyimc9346659.shtml","article_id":"2635037197","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635037197","pubTimestamp":1778827320,"columns":[],"sourceInfo":{"source_id":"sina","name":"sina"},"weMediaInfo":null,"summary":"热点栏目\n\n自选股\n数据中心\n行情中心\n资金流向\n模拟交易\n\n客户端\n\n\n　　交银国际发布研报称，预计鸣鸣很忙（01768）2025-2028年收入CAGR约18%，经调整净利润CAGR约23%，利润增速快于收入增速，展现出量贩模式从规模扩张期进入盈利变现期的特征，预计经调整净利率将从2025年的4.1%稳步提升至2028年的4.6%。基于25倍2026-27年平均市盈率，给予目标价542.00港元，对应1.1倍PEG，在可比公司中具备吸引力，首予“买入”评级。\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：卢昱君","collect":0,"end_time":0,"defaultTopTitle":"sina.com.cn","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{"01768":"鸣鸣很忙","EWH":"香港ETF-iShares MSCI"},"translate_title":"BOCOM International: Busy Ming first gave a \"Buy\" rating with a target price of HK$542","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EWH":1.5,"01768":1.5},"content_text":"热点栏目\n\n自选股\n数据中心\n行情中心\n资金流向\n模拟交易\n\n客户端\n\n\n　　交银国际发布研报称，预计鸣鸣很忙（01768）2025-2028年收入CAGR约18%，经调整净利润CAGR约23%，利润增速快于收入增速，展现出量贩模式从规模扩张期进入盈利变现期的特征，预计经调整净利率将从2025年的4.1%稳步提升至2028年的4.6%。基于25倍2026-27年平均市盈率，给予目标价542.00港元，对应1.1倍PEG，在可比公司中具备吸引力，首予“买入”评级。\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：卢昱君","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2635037197","isCrawlerRequest":true}

交银国际：鸣鸣很忙首予“买入”评级 目标价542港元

精彩评论

交银国际：鸣鸣很忙首予“买入”评级目标价542港元