研報掘金丨國信證券:維持藍思科技“優於大市”評級,佈局人形機器人、AI眼鏡等產品
國信證券研報指出,藍思科技(300433.SZ)2024年營收、歸母淨利潤同比增長,加大研發投入,維持“優於大市”評級。2024年智能手機與電腦業務營收同比增長28.6%,組裝為主的湘潭藍思營業收入同比增長97.4%,組裝業務帶動公司更多自有上游外觀件、結構件及功能模組導入。公司具備快速量產摺疊屏手機相關結構件及模組的能力,摺疊機市場增長公司有望受益。公司已有超過30家智能汽車客户,擁有全產業鏈垂直整合能力和全球化供應鏈佈局,其中中控模組、儀表面板、智能B柱與C柱、充電樁、座艙裝飾件、無線充電模組等產品保持較快增長,超薄夾膠玻璃取得突破,進入批量生產階段,單車價值量將迎來提升。此外,公司新興領域產業化加速,佈局人形機器人、AI眼鏡等產品。
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