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.
大行評級|美銀:上調福耀玻璃目標價至52港元 重申“買入”評級

美銀證券發表報吿指出,福耀玻璃首季業績勝預期,錄得收入88億元,按年增長25%,惟按季跌5%;季內銷量及產品均價均錄增長。毛利率36.8%超預期,按年增長3.6個百分點,按季升0.3個百分點,主要由於成本控制和效率提高;營運槓桿效應;產品組合優化,高附加值產品增加;天然氣價格下降。高附加值產品佔總銷售比重為55.2%,按年增長4.4個百分點。淨利潤14億元,按年升52%,但按季跌8%。該行引述福耀玻璃管理層稱,對公司毛利率趨勢維持正面態度,預期隨着產品均價上升,原材料成本及運輸成本呈下降趨勢。此外,該行將福耀玻璃2024至2026年的收入預測上調4%、5%及6%,以反映較高的汽車玻璃出貨量;純利預測亦上調9%、11%及11%。該行將其目標價由45港元上調至52港元,重申“買入”評級,看好其產品均價擴張及温和的銷量增長,以及具韌性的商業模式與行業領先地位及市場份額。

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