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《大行報告》瑞銀:市場仍未完全反映中興(00763.HK)潛在提升市場份額機會 維持「買入」評級
阿思達克 07-12 14:16
瑞銀發表報告指,中興(00763.HK)盈喜預告今年上半年淨利潤介乎38億至43億元人民幣,按年增長105%至132%。該行認為第二季的業績是關鍵數據點之一,反映公司的業務實力,其核心業務提升了市場份額,以及電信網絡業務的良性競爭,使其毛利率較去年同期低點顯著回升,預期業務勢頭將持續,而且目前其市盈率仍然低於其歷史平均,維持「買入」評級,12個月目標價為28元。

瑞銀指,相信中興正處於長期可持續增長的正確發展軌道上。該行認為市場仍未完全反映公司潛在提升市場份額機會。雖然今年內地的5G資本支出將大致持平,但華為供應鏈的中斷可能會降低電信設備市場的競爭力,為中興帶來市場份額增長的機會。該因素亦已經反映在最近的季度業績中,中線而言該趨勢可能會持續。

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