You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》美銀證券降瑞聲(02018.HK)目標價至28元 季績遠遜預期及料毛利率受壓
阿思達克 01-20 10:20
美銀證券發表報告,就瑞聲科技(02018.HK)發2021年第四季盈警,料盈利將按年下跌71%至79%,按中間水平計(即按季跌3%及按年跌75%),遜於該行及市場同業原先各預期63%及52%。瑞聲料去年收入僅輕微增長,相信是受到市場疲弱、營運成本上升及毛利率走弱拖累,並指上述外部因素可能會在2022年上半年持續影響集團。 該行表示,重申對瑞聲「跑輸大市」投資評級,下調對其目標價由31.5元降至28元,相當於預測今年市盈率18倍,以反映公司去年第四季業績指引,並下調對其2022年及2023年盈利預測16%至24%,反映毛利率及智能手機趨勢疲弱。 美銀證券指,瑞聲正在積極擴大其在中國品牌和三星的手機鏡頭市場份額,但該行擔心公司或需進一步降低相關產品的平均售價,將損害利潤率。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account