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研報掘金丨華鑫證券:維持傳音控股“買入”評級,新興市場成長潛力廣闊
格隆匯 11-13 15:59

華鑫證券研報指出,傳音控股(688036.SH)三季報營業收入穩定增長,盈利能力短期承壓。現階段,公司進入更多非洲和南亞以外的市場,比如東南亞、拉美、中東、東歐等,在新市場公司市佔率較低,未來的成長空間廣闊。此外,目前新興市場處於“功能機向智能機切換”的市場趨勢中,整體上新興市場的智能機滲透率較低,隨着經濟水平的提高和消費能力的提升,智能手機的滲透率不斷提升,成長潛力巨大。隨着下游AI手機的發展以及新興市場的成長潛力的發揮,公司將受益實現營收和利潤的持續提升,維持“買入”投資評級。

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