《大行報告》匯豐研究上調敏實集團(00425.HK)目標價至38元 評級「買入」
匯豐研究發表報告預期敏實(00425.HK)下半年收入和利潤率見良好復甦,因全球汽車業需求逐步復甦,公司在第三季已見銷售改善,相信第四季來自主要OEM客戶訂單會見按年強勁增長,加上公司改善生產力,管理層相信利潤率在下半年好轉,亦期望下半年在經營開支比率方面有更好的控制,該行認為這或對純利帶來上行空間。
該行引述管理層指,在未來2-3年,公司將聚焦於提升電池存放產品的大規模生產,旨在提高有關產品的盈利能力至整體集團水平;至於在目前高利潤的鋁產品,市場主要擔心來自福耀玻璃(03606.HK)新的競爭,公司則指目前未見明顯威脅,而產品亦繼續以高於集團整體的速度增長,相信公司在規模和成本效益上優於競爭對手。
該行升公司今年盈利預期8%,以反映汽車業的復甦和經營開支的降低,目標價由30元升至38元,評級「買入」。
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.