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大行評級|里昂:上調比亞迪電子目標價至40.6港元 預計第三季業績穩健
格隆匯 10-24 13:24

里昂發表研究報吿指,預計比亞迪電子2024財年第三季業績穩健,淨利潤料按年跌3%,按季升64%至14.9億元。該行解釋,預期按年下跌主要由於儲能系統(ESS)及Android金屬外殼業務強勁,導致2023財年同期基數較高。至於2024財年第三季度,比亞迪電子的iPhone金屬外殼業務增長仍非常順利,至於Android及電動車業務亦如期推進。

里昂表示,比亞迪電子在2025財年有數個增長動力,包括全新高階智慧懸吊系統及升級智慧駕駛系統將產生的全年貢獻;iPhone新金屬外殼專案具意義的效率提升措施;人工智慧伺服器模組業務啟動。里昂認為,隨着捷普科技的貢獻以及更多高端電動車產品開始出貨,比亞迪電子將於今年繼續實現可觀的增長。並看好其電動車業務高增長,所推動的可持續盈利增長。另外,由於iPhone外殼利潤率較高,里昂將比亞迪電子2024財年盈利預測小幅上調1%至43.6億元,同時將其目標價由38.4港元上調至40.6港元,重申“跑贏大市”評級。

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