MORGAN STANLEY has lowered the earnings forecast for FU SHOU YUAN (01448.HK) this year, and the Target Price has been reduced to 4.3 yuan.

Morgan Stanley published a research report, adjusting the earnings forecast for FU SHOU YUAN (01448.HK) down by 14% for 2025, and lowering the earnings estimates for 2026 to 2030 by 4% each, in response to the performance in 2024 and recent operational conditions. This reflects a decline in burial site sales and weaknesses in the economy and consumer spending in China, leading to a reduction and postponement of demand for expensive and long-term investments such as advance purchases of burial plots. The Target Price changes from 4.7 yuan to 4.3 yuan, maintaining a 'Market Perform' rating.

AASTOCKSApr 25 12:21

FU SHOU YUAN: NOTICE OF ANNUAL GENERAL MEETING

HKEXApr 22 22:12 · Announcements

FU SHOU YUAN: Annual Report 2024

HKEXApr 22 22:08 · Announcements

FU SHOU YUAN (1448.HK): Steady returns across cycles, a benchmark of innovation with dual attributes of "Technology + Culture".

From the recently released annual report performance, although FU SHOU YUAN's performance in 2024 is affected by short-term economic fluctuations, the data shows that it has considerable resilience.

Gelonghui FinanceMar 28 08:55

FU SHOU YUAN (1448.HK): Product structure optimization adjustments to improve Shareholder returns.

In 2024, the company's revenue is 2.077 billion yuan, down 20.9% year-on-year; the operating profit is 0.71 billion yuan, down 48.3% year-on-year; the operating margin is 34.2%, down 18.0 percentage points year-on-year; the net income attributable to shareholders is 0.373 billion yuan, down 52.8% year-on-year; the net margin attributable to shareholders is 18.0%, down 12.1 percentage points year-on-year. The Board of Directors plans to distribute a final dividend of 9.54 Hong Kong cents per share.

GTJAMar 26 07:47 · Researches

FU SHOU YUAN (01448)'s new "report card": High dividends build a foundation to enhance long-term investment value, stable Operation increases certainty.

While promoting orderly growth of its own Business and sharing the high-quality development experience of FU SHOU YUAN with the Industry, FU SHOU YUAN has also established and improved a continuous and stable high return mechanism for investors, and the long-term investment value of the company continues to rise...

Zhitong FinanceMar 25 10:03