研究报告全文：GUOTAIJUNANINTERNATIONALUniverseWeeklyUpdate国泰君安国际研究股票每周更新03Feburary2023ChangesinthepastweekEarningsEstchg01882HKHAITIANINTLRatingisupgradedfromaccumulatetobuy6to18monthstargetpriceisrevisedupwardsfrom2100to2690YTableofcontentsPageSectorsandrelatedlistedcompaniesPage1AutomobilesBankingComputerConsumer--TextilesApparelConsumerFoodBeverageElectronicsEnergyOperationGamingPharmaceuticalBiotechnologyConstructionEngineeringPage2MachineryMediaCultureNewEnergyNon-BankFinanceNonferrousmetalsPortsPropertyPulpPaperLightIndustryShippingandlogisticsTelecommunicationWholesaleRetailCompanyRatingDefinitionTheBenchmarkHongKongHangSengIndexNASDAQCompositeIndexTimeHorizon6to18monthsRatingRelativePerformanceBuyRelativePerformance15orthefundamentaloutlookofthecompanyorsectorisfavorableAccumulateRelativePerformanceis5to15orthefundamentaloutlookofthecompanyorsectorisfavorableNeutralRelativePerformanceis-5to5orthefundamentaloutlookofthecompanyorsectorisneutralReduceRelativePerformanceis-15to-5orthefundamentaloutlookofthecompanyorsectorisunfavorableSellRelativePerformance-15orthefundamentaloutlookofthecompanyorsectorisunfavorableCompliedbyEsabellaZhao赵舒蔓8675523976681shumanzhagtjascomhk第1页GUOTAIJUNANINTERNATIONALUniverseWeeklyUpdate国泰君安国际研究股票每周更新03Feburary20236to18MonthsTargetEPSDPSNETPROFITMnNBVROEDateofLastStockCodeCompanyNameRatingCurrencyAnalystUpdateHKUS20A21A22F23F24F20A21A22F23F24F20A21A22F23F24F20A21A22F23F24F20A21A22F23F24FddmmyyyyAutomobiles00175GEELYAUTOAccumulate1869RMB0565048107401099131902000210037105570675553448477267107891294970897643826391811020294731021381492306202200489DONGFENGGROUP-HAccumulate557RMB12491317127416001869010003000510064007901076111351109791378916101163801764920165211552231182806980890809202202333GREATWALLMOTOR-HBuy1593RMB0584072811911513207302800370059507561037536267261090813855189886249672773678123915996113168195240IvanWu0812202201114BRILLIANCECHI-RNotRatedNARMB0941199921341327009700970097009747451008310765669751726392770183591583463031652106202102238GACGROUP-HBuy951RMB0583073309061112137401820224027203340412596475119290113991408482418809941110151110697286991131282306202201958BAICMOTOR-HNeutral270RMB023904810597082309160080016001980274030520313858478466007344648766777082764282644074881141172503202203808SINOTRUK-RNeutral951RMB24811565154716651773104006800512057506076851432242724598489511632129201378714940161382341281161161141204202201316NEXTEER-RBuy840USD004700470009008801430009001000020022003611711823221359075107790786085209606362121071581909202200305WULINGMOTORS-RNeutral104RMB0012000700000015003800030002000000020006332415012404800570056805800618241400266306052022Banking09889DRCB-HBuy958RMB08460927093310861291026002900333038804624857559064257483889562976878747781759005139134130139150RichardCao3012202201398ICBC-HBuy618RMB0860095010501150125002700290032003500380315906348338384641419218456704748081508890972010620120122124124123RichardCao3110202202139BANKOFGANSU-HAccumulate137RMB00550038004100570096000000000004000600125585716128641452208621252161221222972018192643RichardCao1609202200005HSBCHOLDINGSBuy5982USD0193062406140701079301520251027103500396522913917137711564317535862287608949931097092372697783RichardCao0411202203698HUISHANGBANK-HAccumulate328RMB0717076509191098131500000089010301230146957011460132851577618795626770967872886310063110114123131139RichardCao1609202202388BOCHONGKONG-RBuy3765HKD250521732639322336481242113013191612182427863243482928635467399572967830406319153372035684907789102109RichardCao0111202200939CCB-HBuy656RMB108012101280136014500330036003800410043027105030251331996333930336138190609950109001187012910121126117114112RichardCao3110202203968CMBANK-HBuy6409RMB3790461053106030676012501520159018102030956911163091338831521341705272536029010329503739042340157170171172170RichardCao16012023Computer00909MINGYUANCLOUDAccumulate771RMB0480018500410050009500690055001000120023704344779317735253166307031293212207551316301808202203888KINGSOFTAccumulate2780RMB7348028901050229043201680098005200690108100453951443145901796818088182311848718910522160612232209202200268KINGDEEINTLBuy2020RMB01010092011500640009000000000000000000003353023772083021882247224923792595493949260311112022Consumer--TextilesApparel02020ANTASPORTSBuy12700RMB1919287026723537441506101428161325523186516277207249964712073888310699121061374915393234292234274303HansenTang1201202301361361DEGREESBuy470RMB020102910353041604800000000000000166019241560272986099236594138456649805371648898105112HansenTang1910202206110TOPSPORTSBuy700RMB04470395034304230473064004300240029603312770244721292626293615651706180919362078274241195226236HansenTang26122022Consumer--FoodBeverage00322TINGYIAccumulate1490RMB072206760502067808340722112009460678083440623802282738204696375433142984271728722001911592382982408202200220UNI-PRESIDENTCHINABuy820RMB03760347030303780424037604170303037804241626150113111631183132153187308031633217118109971211331008202206836TIANYUNINTLBuy185RMB0151019602230263000000000000000014919422126010401256148217481561731651650709202100345VIT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388HKBANKOFCHINA-HSHARES03988HKHSBC00005HKPINGANINSURANCE-HSHARES02318HKCHINALIFEINSURANCE-HSHARES02628HKTENCENT00700HKAACTECHNOLOGIESHOLDINGS02018HKmentionedinthisResearchReport6GuotaiJunananditsgroupcompanieshavenotemployedanindividualservingasanofficerofanyissuersmentionedinthisResearchReportThereisnoofficerofanyissuersmentionedinthisResearchReportassociatedwithGuotaiJunananditsgroupcompaniesDISCLAIMERThisResearchReportdoesnotconstituteaninvitationoroffertoacquirepurchaseorsubscribeforsecuritiesbyGuotaiJunanSecuritiesHongKongLimitedGuotaiJunanGuotaiJunananditsgroupcompaniesmaydobusinessthatrelatestocompaniescoveredinresearchreportsincludinginvestmentbankinginvestmentservicesetcforexampletheplacingagentleadmanagersponsorunderwriterorinvestproprietarilyAnyopinionsexpressedinthisreportmaydifferorbecontrarytoopinionsorinvestmentstrategiesexpressedorallyorinwrittenformbysalespersonsdealersandotherprofessionalexecutivesofGuotaiJunangroupofcompaniesAnyopinionsexpressedinthisreportmaydifferorbecontrarytoopinionsorinvestmentdecisionsmadebytheassetmanagementandinvestmentbankinggroupsofGuotaiJunanThoughbestefforthasbeenmadetoensuretheaccuracyoftheinformationanddatacontainedinthisResearchReportGuotaiJunandoesnotguaranteetheaccuracyandcompletenessoftheinformationanddatahereinThisResearchReportmaycontainsomeforward-lookingestimatesandforecastsderivedfromtheassumptionsofthefuturepoliticalandeconomicconditionswithinherentlyunpredictableandmutablesituationsouncertaintymaycontainInvestorsshouldunderstandandcomprehendtheinvestmentobjectivesanditsrelatedrisksandwherenecessaryconsulttheirownfinancialadviserspriortoanyinvestmentdecisionThisResearchReportisnotdirectedatorintendedfordistributiontoorusebyanypersonorentitywhoisacitizenorresidentoforlocatedinanyjurisdictionwheresuchdistributionpublicationavailabilityorusewouldbecontrarytoapplicablelaworregulationorwhichwouldsubjectGuotaiJunananditsgroupcompaniestoanyregistrationorlicensingrequirementwithinsuchjurisdiction2023GuotaiJunanSecuritiesHongKongLimitedAllRightsReserved27FLowBlockGrandMillenniumPlaza181QueensRoadCentralHongKongTel8522509-9118Fax8522509-7793Websitewwwgtjaicom第4页