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研報掘金丨中銀證券:維持盛美上海“增持”評級,2025年營業收入指引穩健增長
格隆匯 03-04 15:28

中銀證券研報指出,盛美上海(688082.SH)24年歸母淨利潤約11.53億元,YoY+27%。預計2025年營業收入65~71億元,中值約68億元。截至2024年上半年盛美上海清洗設備在中國大陸市佔率約30%,公司高溫SPM清洗設備已經在多家客戶端進行驗證,Tahoe設備也有望進入快速增長階段,公司目標是清洗設備佔據中國大陸55~60%的份額。根據Gartner、SEMI數據,2023年末盛美上海鍍銅設備在中國大陸市佔率約30%,公司目標是鍍銅設備佔據中國大陸50~55%的份額,並尋求在海外市場的增長。公司目標成爲中國清洗設備和電鍍設備龍頭,同時爐管、Track、PECVD等設備開拓第二增長曲線。維持“增持”評級。

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