《大行報告》瑞信下調通達(00698.HK)目標價至0.13元 評級「中性」
瑞信發表報告指,通達集團(00698.HK)中期利潤表現遜於預期,較該行預測低17%,相信主要是由於疫情下Android市場需求放緩,拖累收入及經營開支。
該行指,通達集期內毛利率由去年同期的15%提升至18%,認爲公司調整定價策略,盈利能力漸見起色。
展望下半年,瑞信預期Android及智能家居市場將保持疲軟,但蘋果及新能源汽車行業料將增長,估計AR/VR及新能源汽車將成爲2023至2024年主要增長動力,將通達2022至2024年每股經調整盈利預測下調各35.7%、9.3%及3.4%,各至0.02、0.03及0.04元人民幣,該行對通達的目標價,從0.17元下調至0.13元,維持「中性」評級。
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