《大行報告》花旗料舜宇(02382.HK)手機鏡頭模組付運可勝全年目標 維持「買入」評級
花旗近日發表報告指,舜宇光學(02382.HK)管理層出席了該行的中國投資者會議,認為公司旗下手機鏡頭業務今年付運將呈反彈、並料手機鏡頭模組業務表現可勝於原先全年目標指引,維持對舜宇「買入」評級及目標價156元。
花旗引述舜宇管理層維持手機鏡頭今年付運按年增長10%目標,指今年首九個月手機鏡頭付運量11億個,按年升18%。料今年下半年產品平售價按半年持平,基於在內地研發、客戶服務及產品交貨的優勢,公司料可提升市場份額。
至於手機鏡頭模組方面,花旗引述舜宇管理層維持今年付運增長10%目標,基於華為禁令的影響下,料相關表現會有所放緩,並估計手機鏡頭模組今年下半年產品平均售價與上半年相若,旗下光電產品(主要是手機鏡頭模組)毛利率於今年上半年改善至11.1%,隨著生產效率改善,料相關業務效率維持在較高水平。
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