Daiwa Downgrades SITC to "Hold", Suggests Awaiting Better Entry Point

Stock News03-11

Daiwa has released a research report downgrading SITC (01308) from "Buy" to "Hold," advising investors to wait for a more favorable entry point. However, the firm raised its target price for the stock from HK$31 to HK$32, implying a forward price-to-earnings ratio of 9 times. SITC declared a final dividend of US$0.13 per share. Combined with the interim and special dividends of US$0.17 and US$0.09 per share respectively, the total dividend for 2025 amounts to US$0.39 per share, representing a payout ratio of 85%. The company's revenue for 2025 increased by 12% year-on-year to US$3.412 billion, supported by average selling price and volume growth of 4.5% and 7.8% respectively. Gross profit margin expanded by 1 percentage point to 38.4%, driving a 19% year-on-year increase in profit to US$1.23 billion. In the second half of 2025, revenue declined by 1% year-on-year, and gross profit margin contracted by 5.4 percentage points to 36.7%, due to a higher base of comparison from the previous year and the first half of 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1104644675?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-11 10:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104644675","market":"sg","top_or_hot":-1,"title":"Daiwa Downgrades SITC to \"Hold\", Suggests Awaiting Better Entry Point","media":"Stock News","content":"<p>Daiwa has released a research report downgrading SITC (01308) from \"Buy\" to \"Hold,\" advising investors to wait for a more favorable entry point. However, the firm raised its target price for the stock from HK$31 to HK$32, implying a forward price-to-earnings ratio of 9 times. SITC declared a final dividend of US$0.13 per share. Combined with the interim and special dividends of US$0.17 and US$0.09 per share respectively, the total dividend for 2025 amounts to US$0.39 per share, representing a payout ratio of 85%. The company's revenue for 2025 increased by 12% year-on-year to US$3.412 billion, supported by average selling price and volume growth of 4.5% and 7.8% respectively. Gross profit margin expanded by 1 percentage point to 38.4%, driving a 19% year-on-year increase in profit to US$1.23 billion. In the second half of 2025, revenue declined by 1% year-on-year, and gross profit margin contracted by 5.4 percentage points to 36.7%, due to a higher base of comparison from the previous year and the first half of 2025.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Daiwa Downgrades SITC to \"Hold\", Suggests Awaiting Better Entry Point</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDaiwa Downgrades SITC to \"Hold\", Suggests Awaiting Better Entry Point\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-03-11 10:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Daiwa has released a research report downgrading SITC (01308) from \"Buy\" to \"Hold,\" advising investors to wait for a more favorable entry point. However, the firm raised its target price for the stock from HK$31 to HK$32, implying a forward price-to-earnings ratio of 9 times. SITC declared a final dividend of US$0.13 per share. Combined with the interim and special dividends of US$0.17 and US$0.09 per share respectively, the total dividend for 2025 amounts to US$0.39 per share, representing a payout ratio of 85%. The company's revenue for 2025 increased by 12% year-on-year to US$3.412 billion, supported by average selling price and volume growth of 4.5% and 7.8% respectively. Gross profit margin expanded by 1 percentage point to 38.4%, driving a 19% year-on-year increase in profit to US$1.23 billion. In the second half of 2025, revenue declined by 1% year-on-year, and gross profit margin contracted by 5.4 percentage points to 36.7%, due to a higher base of comparison from the previous year and the first half of 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B12V2V27.USD","symbol_name":"柏瑞亚洲小盘股A(除日本)","start_time":0,"source_url":"","article_id":"1104644675","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104644675","pubTimestamp":1773196942,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Daiwa has released a research report downgrading SITC (01308) from \"Buy\" to \"Hold,\" advising investors to wait for a more favorable entry point. However, the firm raised its target price for the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B12V2V27.USD":"柏瑞亚洲小盘股A(除日本)","IE0003851619.USD":"BNY MELLON ASIAN EQUITY \"B\" (USD) ACC","IE00BYQNZ168.SGD":"PINEBRIDGE ASIA EX JAPAN SMALL CAP EQUITY \"A5CP\" (SGD) ACC","01308":"海丰国际","IE00BYTNYN87.SGD":"PINEBRIDGE ASIA EX JAPAN SMALL CAP EQUITY \"A5\" (SGD) ACC","SG9999011746.SGD":"PINEBRIDGE INTERNATIONAL FUNDS - ACORNS OF ASIA BA (SGD) ACC","BK1103":"海运","IE0003795394.USD":"BNY MELLON ASIAN EQUITY \"A\" (USD) ACC","BK1541":"物流"},"translate_title":"大和将SITC评级下调至“持有”，建议等待更好的切入点","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01308":1},"content_text":"Daiwa has released a research report downgrading SITC (01308) from \"Buy\" to \"Hold,\" advising investors to wait for a more favorable entry point. However, the firm raised its target price for the stock from HK$31 to HK$32, implying a forward price-to-earnings ratio of 9 times. SITC declared a final dividend of US$0.13 per share. Combined with the interim and special dividends of US$0.17 and US$0.09 per share respectively, the total dividend for 2025 amounts to US$0.39 per share, representing a payout ratio of 85%. The company's revenue for 2025 increased by 12% year-on-year to US$3.412 billion, supported by average selling price and volume growth of 4.5% and 7.8% respectively. Gross profit margin expanded by 1 percentage point to 38.4%, driving a 19% year-on-year increase in profit to US$1.23 billion. In the second half of 2025, revenue declined by 1% year-on-year, and gross profit margin contracted by 5.4 percentage points to 36.7%, due to a higher base of comparison from the previous year and the first half of 2025.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1104644675","isCrawlerRequest":true}