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《大行報告》高盛下調ASMPT(00522.HK)目標價至91元 評級「買入」
阿思達克 07-10 10:57
高盛發表研究報告指,預期ASMPT(00522.HK)第二季的收入將按季持平,符合公司的指引,又預計集團第三季的收入將按年及按季均轉為正數;毛利率則由於更好的產品組合,高利潤的半導體設備為集團帶來更大貢獻,料次季毛利率升至41.5%。該行指,公司的主要增長動力應來自汽車的SMT設備。市場將重點關注集團各產品線的訂單前景、隨著人工智能服務器需求不斷增長的先進封裝需求及新設備的開發進度。 至於第三季,該行預計集團受先進封裝和汽車設備需求強勁所帶動,收入將按季增長21%,按年增長4%,毛利率預測則為41.8%。 該行下調集團今年的盈利預測,但由於先進封裝需求有改善,上調其2024至25年盈測;降今年的收入預測7%,而2024至25年則分別上調1%。目標價由97元下調至91元,評級為「買入」。
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