【招银国际】FY23 results missed and a moderate outlook.pdf

China Catering Sector: Customer traffic recovering; to drive margins in FY23

业绩大幅盈喜，FY23全年预计净利3.6亿

FY23业绩点评：疫情下业绩略增，期待新财年表现

Positive profit alert for FY23E

BYD Company (1211 HK) 4Q22 beat; FY23E margins likely overestimated

FY23 积极的利润预警高于预期 ； 重申对强劲的 FY24E 前景的买入

中国汽车板块:2H22E可能被打破;FY23E共识夸大了

Xpeng Inc. (XPEV US) 4Q22E net loss to narrow; sales as key to FY23

外部环境致FY23收入承压，内销有望率先修复

China Catering Sector - Customer traffic recovering; to drive margins in FY23