研報掘金|華創證券:首次覆蓋比亞迪電子 予“強推”評級及目標價49.4港元
華創證券發表研究報吿,首次覆蓋比亞迪電子,並給予“強推”投資評級,參考立訊精密、歌爾股份、環旭電子、藍思科技及工業富聯等同業估值,給予目標價49.4港元,對應2024年預測市盈率約20倍。報吿指出,比亞迪電子早期以消費電子零部件及組裝業務起家,現時已成功拓展至新型智能產品、新能源汽車及數據中心,在消費電子、汽車電子及人工智能(AI)相關領域均全面佈局,已形成涵蓋企業級通用伺服器、存儲伺服器、AI伺服器、模塊化伺服器以及浸沒式液冷方案等產品及解決方案。該行表示,憧憬AI業務收入可取得重大突破,同時主業汽車電子則背靠母公司比亞迪,目前預測2024至2026年純利可達到50.69億、70.63億及82.31億元。
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