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| HSI1 | 25,335.95 | +272.24 | 350.93B |
| HSCEI1 | 8,582.74 | +83.21 | 156.54B |
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2026-03-25 12:00:14 MINTH GROUP (00425.HK)'s revenue growth from traditional auto parts business slowed down in 2025, Daiwa issued a research report saying. However, the resilience shown by the plastic and metal decoration business helped maintain a stable overall gross profit margin of the traditional business. The management emphasized that fluctuations in aluminum and plastic prices have minimal impact on the Company's long-term profitability. Thanks to improved operating capital efficiency and strict capital expenditure control, the traditional auto parts business generated RMB2.7 billion in free cash flow last year. Additionally, the dividend payout ratio increased to 30%, providing funds for shareholder returns and investment in emerging businesses. Considering that MINTH GROUP's revenue and profit margin from the traditional auto parts business were below expectations, the broker lowered its 2026-2027 net profit forecasts by 12-14%, and dropped its target price from $52 to $50, with rating kept at Buy. ~ AASTOCKS Financial News Website: www.aastocks.com | |