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.
開源證券:TCL電子為TV業務高端化領先者 分佈式光伏發力第二曲線 首次覆蓋給予“買入”評級
格隆匯4月11日丨開源證券發研報指,TCL電子(1070.HK)是彩電領域領軍企業,分佈式光伏開啟第二曲線,根據最新業績報吿,預計2022-2024年歸母淨利潤 4.47/10.53/13.76億港元,對應EPS為0.18/0.42/0.55港元,當前股價對應PE為18.5/7.9/6.0倍,首次覆蓋給予“買入”評級。公司作為MiniLED顯示技術先行者,高端化進程持續推進,65寸及以上產品市場份額穩步提升,從而帶動公司彩電線上和線下整體均價上行。展望後續,考慮到面板價格週期性減弱以及公司產品結構性升級持續,公司顯示業務毛利率或將企穩。在光伏業務方面,公司背靠TCL中環優質產業鏈資源,下沉渠道和品牌優勢明顯,“光伏+家電”模式一定程度上提升用户收益,伴隨代理商規模擴張,裝機規模有望加速拓展。
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