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《大行報告》花旗上調ASM太平洋(00522.HK)目標價至173元 評級「買入」
花旗發表報告指,ASM太平洋(00522.HK)在今年第二季的業績理想,對第三季的收入指導也比市場預期高11%,並見到在先進封裝(AP)、與汽車相關的表面黏着技術(SMT)需求強勁,該行決定上調對其目標價,由166元上調至173元,維持「買入」評級。

花旗指,ASM太平洋公佈的今年第二季盈利爲7.31億元,較該行和市場預期分別高6%和13%。而第二季的收入亦超過其指引的最高值。至於毛利率上升至40.6%,按年升5.4個百分點,分別高過該行和市場預期0.4%和40%,主要由更高的產品組合利潤率和更好的產能利用率所推動。

該行指,ASM太平洋旗下先進封裝解決方案業務表現持續理想,預計公司將受益於最近英特爾(INTC.US)宣佈加大投資計劃。同時預期其產品平均價格intel aastock將呈上升趨勢。

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