《大行报告》高盛引述舜宇(02382.HK)管理层称对今年具信心 料三星业务录高增长
高盛发表报告表示,近日与舜宇光学(02382.HK)管理层进行投资者会议,讨论了5G智能手机需求、镜头模组及手机镜头竞争,上游部件的短缺、资本开支及产能扩张计划等,指舜宇光学管理层对今年前景维持信心,相信公司可受到5G智能手机、每手机增加镜头应用、镜头模组毛利率复苏、及手机镜头及车载镜头市占率提升所推动。
该行估计,舜宇光学今年毛利率可明显提升,主要受手机镜头使用像素镜头升级、镜头模组毛利率复苏及总体产品组合升级所推动。该行引述舜宇管理层料今年旗下客户三星业务将可录高增长。
高盛表示,维持对舜宇光学「买入」投资评级,予12个月目标价150元,此相当预测今年市盈率23倍,与全球同业平均估值一致,指现估值相当预测今年市盈率20倍,料其2019年至2021年纯利复合增长率为53%。
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