You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
瑞信:升德昌(0179.HK)目標價至20.7港元 評級“跑贏大市”
格隆匯 01-16 15:15
瑞信發表研究報告,指德昌電機(0179.HK) 截至去年12月底止第三財季收入按年轉升2%,扭轉過去四個季度倒退勢頭。公司宣佈,首三財季收入按年跌4%至23.4億美元,意味第三財季收入按年升2%。
報告稱,受惠新產品推出,汽車部件板塊在各地區市場收入按年進一步改善,亞太、歐洲及北美市場分別升6.1%、5.9%及7.9%。此外,第三財季工業板塊收入按年跌幅亦由對上一季的11.1%收窄至9%。德昌管理層有信心下半財年收入將錄按半年增長。
瑞信料德昌收入增長將進一步加快,主因2020年首季內地汽車銷售復甦;中美貿易關係緩和,改善消費情緒。受惠收入增長致經營槓桿擴大,料公司毛利率將改善。該行上調德昌2020至2022年盈測1.6%、4.9%及5.1%,目標價由19.63港元升至20.7港元,評級“ 跑贏大市 ”。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account