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研報掘金|中信證券:維持耐世特“買入”評級 下調目標價至4.6港元
中信證券發表報吿指,受惠於亞太區,特別是中國自主整車廠的收入高速增長,耐世特去年收入達到新高,按年增長9.6%至42.07億美元,首次突破40億美元大關。報吿指,在4月23日,公司向全球電動車領導者供應的轉向零件項目的對應車型被客户宣佈量產節奏提前到明年下半年,該行認為這個項目因此有望比原先的計劃更快為公司貢獻收入和利潤。考慮到今年公司將在北美地區進行降本增效,或影響短期營收,因此調整公司今明年收入預測分別至45.58和49.02 億美元,原預測為47.38和53.07億美元,調整淨利潤預測至1.31和1.76億美元,原預測為1.46和1.83億美元,新增後年收入預測54.97億美元,淨利潤預測2.02億美元。該行指,考慮到港股汽車零部件板塊流動性收窄,公司仍處於業績恢復期,目標價由8港元降至4.6港元,維持“買入”評級。
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