《大行報告》中銀國際升瑞聲(02018.HK)目標價至27.4元 業績勝預期今年有更多催化劑
中銀國際發表報告指,瑞聲(02018.HK)2023年下半年表現勝於預期。雖然整體智慧型手機市場仍然緩慢,而且競爭維持激烈。不過公司的業務表現受惠於華為及小米(01810.HK)等有利的產品組合,轉向更為高階的安卓(Android)系統;更為創新的產品,包括熱導板和金屬鉸鏈等;以及人工智慧智能手機需要高分貝麥克風。該行亦看好公司於國內、外主要車廠的訂單勢頭。
另外,該行預期瑞聲於今年將迎來強勁復甦,將有更多催化劑。旗下公司Premium Sound Solutions的整合,預計將為公司帶來逾32億元人民幣(下同)的銷售額,以及2億元的淨利潤。因此上調2024-25年每股盈測17%及12%,目標價相應由20元上調至27.4元,維持「買入」評級。(js/k)
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