《大行报告》里昂升小米(01810.HK)目标价至32元 料首季经调整纯利升87%
里昂发表报告表示,重申对小米集团(01810.HK)「买入」投资评级,上调对其目标价由30元升至32元,以反映其智能手机市场地位更强及长线毛利表现。
该行指,下调对小米於2021年至2023年经调整盈利预测各0.3%、5.3%及7%,各至173.35亿、208.9亿及263.43亿元人民币,但上调对其长期毛利率预期,以反映其智能手机市场地位更强及新能源汽车业务的投资潜力。
里昂估计小米今年首季业绩强劲,估首季收入可按年升52%至755亿元人民币、料首季经调整纯利升87%至43亿元人民币,估计小米首季智能手机业务收入按年增长69%至512亿元人民币,料其在全球可售出4,800万部手机,料中国内地付运按年升82%、估计其在印度市场付运按年升10%,并料其产品平均售价按年上升3%。
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