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《大行報告》瑞信升小米(01810.HK)目標價至15.3元 料下半年前景正面
阿思達克 05-21 14:37
瑞信發表研究報告指,小米集團(01810.HK)首季收入錄497億元人民幣,按年增長13.6%,符合該行預期,經調整淨利潤按年增長10.6%,較瑞信預期高出13.9%。受智能手機及物聯網毛利率表現勝預期帶動,毛利率按年增長3.3個百分點至15.2%,較瑞信預測高出2.4個百分點。

該行指出,在獨特的國際化戰略下,期內海外市場銷售額佔比已達50%,互聯網服務業務維持高速增長,內地5G手機市場已佔據14%份額,相信在市場份額增長及海外銷售復甦下,小米下半年前景正面。加上華為遭美國封殺,小米或從中受惠,將今、明兩年每股盈測分別上調7.4%及2.2%,2022年則輕微上調0.4%。瑞信重申予小米「跑贏大市」評級,並上調目標價,由15元升至15.3元。

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