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.
研報掘金丨申萬宏源:首予北方華創“買入”評級,目標價421.16元
申萬宏源研究指出,北方華創(002371.SZ)築成半導體設備零件大平台,佈局四大類集成電路設備,工藝覆蓋度不斷提升,顯著受益先進製程擴產需求。預計大基金三期投資規模最大領域仍以重資產模式的製造領域為主,先進製程邏輯及存儲晶圓廠擴產在望,對國產半導體設備訴求更強。先進製程對設備驗證週期長、品控要求高,北方華創作為佈局廣泛的平台型設備廠商在先進製程擴產浪潮中有望獲更高份額。另外,公司三次股權激勵覆蓋上千員工,旨在強化技術壁壘與人才壁壘,有助於不斷擴大公司業務佈局範疇。該行給予公司24年動態PE 39.3倍,對應目標市值2236億元,目標價421.16元,較6月25日收盤總市值上升空間33.9%。首次覆蓋給予公司“買入”評級。
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