《大行報告》中銀國際:小米(01810.HK)股價回調為良好入場機會
中銀國際發表報告指出,小米(01810.HK)中高端手機的熱銷以及健康的渠道庫存,將足以確保去年第四季智能手機業務的毛利率可維持在16%的水平,儘管物料成本持續上行。
該行整體預期小米上季經調整後淨利潤達44億元人民幣,超過市場一致預期的40億元人民幣。公司近期股價主要催化劑將是小米SU7電動車在3至4月的發布。該行目前認為,如果整體平均售價在22萬元人民幣左右,將比較容易得到消費者的普遍認可,並且獲得不錯的訂單數。
此外,該行重申小米「買入」評級,目標價下調至21.49元,認為最近市場的整體回調,為小米提供一個良好的入場機會。
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