Haitong International: Maintains "Outperform" rating on Shenzhou International Group (00861.HK) with significant improvement in first half performance.

Wisdom Financial APP learned that Haitong International released a research report stating that it maintains a "outperform the market" rating for Shenzhou Holdings (00861.HK). The company has ample orders in hand, and all major business segments maintain growth momentum. The bank maintains EPS forecasts for 2025-2027 at 0.13/0.25/0.30 yuan (original forecast for 2025-26 was 0.34/0.44 billion yuan). Comparing with similar companies, despite profit pressure, they still maintain relatively high PE valuations, representing market confidence in such companies. The bank maintains a 30x PE valuation for the company in 2025 (originally 18x for 2024).