《大行報告》瑞信降丘鈦科技(01478.HK)評級至「中性」 目標價下調至6.6元
瑞信發表研究報告指出,丘鈦科技(01478.HK)毛利率由去年上半年的11.6%,跌至下半年的7.3%,差過預期。公司今年首季毛利率預期仍然疲弱,主要受累於中國爆發疫情、高端Android需求仍然呈弱、對主要海外客戶的不利產品組合,以及來自汽車/物聯網的負面影響。
該行指出,丘鈦科技目標今年手機攝像頭模組銷售數量按年實現雙位增長,其他領域攝像頭模組銷售數量按年增長不低於100%,及指紋識別模組銷售數量按年增長超過20%。
瑞信將丘鈦科技2022至2023財年的每股盈利預測,由1.19及1.32元人民幣,下調至0.73及1.03元人民幣,目標價由16元削至6.6元,評級由「跑贏大市」下調至「中性」。
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