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《大行報告》匯豐研究上調ASM太平洋(00522.HK)目標價至135.5元 評級「買入」
阿思達克 03-01 10:07
匯豐研究發表報告指,ASM太平洋(00522.HK)去年第四季收入為6.34億美元,按季增長15.2%,較該行及市場分別高12%及11%,並優於集團最高指引的5.9億美元。

不過,匯豐表示,集團上季毛利率為28.9%,較該行及市場預期分別低5%及4.8%,主要是由於簡化產品組合造成的一次性存貨銷帳。另外,集團管理層今年首季銷售指引按季減少17%,較該行估計的下跌7%為差,但符合市場預期的下跌15.7%。至於新訂單指引最少7億美元,按季上升6%,按年上升5%,主因半導體強勁的訂單勢頭持續。

該行上調ASM太平洋股份目標價,由118元升至135.5元,評級維持「買入」,但今明兩年銷售預測分別下調3%及4%,以反映集團最新指引。

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