《大行報告》里昂降ASM太平洋(00522.HK)評級至「沽售」 目標價上調至99元
里昂發表報告指,ASM太平洋(00522.HK)去年第四季收入為49億元,高於集團的指引,並較該行及市場預期分別高10%及11%。
該行預期,集團的收入勢頭至今年第三季可維持強勁,因其外判封裝測試廠(OSAT)客戶在短缺情況下,仍持續積極地增加打線機產能。不過,毛利率及產品組合惡化,可能會侵蝕集團部分經營槓桿及盈利復甦。
里昂下調ASM太平洋股份評級,由「跑輸大市」降至「沽售」,但目標價由87元上調至99元。至於今年每股盈利預測調升9%,以反映更佳的訂單勢頭;由於憂慮毛利表現,調低明年盈測14%。
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