研報掘金丨申萬宏源:維持鵬鼎控股“買入”評級,積極佈局汽車、服務器
申萬宏源研究指出,鵬鼎控股(002938.SZ)24年歸母淨利潤36.20億元,同比+10.14%;營收符合預期,利潤低於預期,主因毛利率同比微降。2024年受益於智能手機及AI終端需求增長,積極佈局汽車、服務器。車用PCB領域,雷達運算板、域控制板產品以及汽車雷達高頻領域產品均實現量產出貨,順利通過國際Tier1客户認證。公司緊抓800G/1.6T光模塊升級窗口,推動SLP產品成功切入光模塊相關領域,並提前佈局3.2T產品,以高階產品搶攻光模塊市場,進一步拓展AI管側PCB產品佈局,為公司構建覆蓋AI全鏈條的PCB產品供應能力奠定了堅實的基礎。維持“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.