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.
研報掘金丨光大證券:敏芯股份積極佈局汽車電子等新領域,盈利能力有望修復,維持“買入”評級
格隆匯6月27日丨光大證券26日研報指出,敏芯股份(688286.SH)是國內唯一掌握多品類MEMS芯片設計和製造工藝能力的上市公司,是行業領先的MEMS芯片平台型企業。MEMS工藝本質上是一種微製造技術,基於MEMS技術製造的芯片有着低功耗、小型化和智能化的特徵,是MEMS傳感器和執行器的核心。未來,MEMS將和傳感器呈現多項功能高度集成化和組合化的趨勢,具有廣闊的市場空間。公司深耕MEMS領域,在現有MEMS傳感器產品各環節都擁有了自主研發能力和核心技術,同時自主設計ASIC芯片,實現了MEMS傳感器全生產環節的國產化。此外,公司硅麥產品已開始給聲控模組廠商供貨,控制面板、壓力模組等產品亦開始出貨。考慮到公司下游需求恢復尚待時日,下調公司23-24年歸母淨利潤預測為0.21/0.45億元(下調比例為59.61%/50%),原預測值分別為0.52/0.90億元,新增25年歸母淨利潤預測為0.67億元,對應目前PE估值為145X/67X/45X。隨着公司在電子煙、可穿戴和汽車電子等領域的佈局日漸進入收穫期,公司盈利能力有望修復,維持“買入”評級。
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