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<Research>CICC Raises Earnings Forecast for Q TECH (01478.HK), Maintains Outperform Rating
Recommend 7 Positive 9 Negative 5 |
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CICC published a research report on Q TECH (01478.HK), which issued a positive profit alert, forecasting that its net profit for 2025 will shot up by 4-4.5 times YoY, reaching RMB1.4 billion to RMB1.53 billion, remarkably beating the expectations of the broker and the market. In response to the latest positive profit alert, CICC raised its net profit forecasts for Q TECH for 2025 and 2026 by 109% and 12%, respectively, to RMB1.47 billion and RMB952 million. The forecast for 2026 has not yet included disposal gains. CICC also added revenue and net profit forecasts for 2027, estimating RMB27.7 billion and RMB1.21 billion, respectively, and maintained an Outperform rating with a target price of HKD14.97. AASTOCKS Financial News Website: www.aastocks.com |
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