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UBS Trims MINTH GROUP (00425.HK) TP to $42.6; Rating Buy
2026-03-24 10:27:39
MINTH GROUP (00425.HK)'s 2025 revenue rose by 11.2% YoY to RMB25.7 billion, while net profit increased by 16.1% YoY to RMB2.7 billion, UBS issued a research report saying.

In 2H25 alone, its revenue hiked by 11.6% YoY to RMB13.5 billion, mainly due to strong battery housing order deliveries. The Group declared a final DPS of $0.764, with a dividend payout ratio of about 30%, higher than 20% in 2024, but not yet returning to the previous level of 40%.

Therefore, the broker lowered its 2026-2207 earnings forecasts for the Company by 11-12%, and trimmed its target price from $45.5 to $42.6, with rating at Buy.
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AASTOCKS Financial News
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