高增長持續！700億PCB龍頭預計上半年淨利將同比增超360%
目前，市場已經進入一季報行情，業績暴增個股不再少數。
業績高增長
4月21日晚間，PCB大牛股勝宏科技發佈了一季度業績。
數據顯示，今年一季度，勝宏科技實現營業收入43.12億元，同比增長80.31%；實現利潤總額10.87 億元，同比增長327.96%；歸母淨利潤為 9.21 億元，同比增長339.22%。
期間，勝宏科技經營業績突破歷史新高，淨利潤同比成倍增長。
這主要得益於勝宏科技堅定“擁抱AI，奔向未來”，精準把握AI算力技術革新與數據中心升級浪潮帶來的歷史新機遇，佔據全球PCB製造技術制高點，驅動公司高價值量產品的訂單規模急速上升，盈利能力進一步增強。
展望未來，勝宏科技預計，2025年二季度淨利潤環比增長幅度將不低於30%，2025年上半年淨利潤同比增長幅度將超過360%。
去年，得益於AI的大爆發，勝宏科技實現營收107.31億元，同比增長35.31%；淨利潤11.54億元，同比增長71.96%；扣非淨利潤11.41億元，同比增長72.4%。
股價逼近歷史新高
業績基本面表現亮眼，勝宏科技的股價也是一路狂飆。
自去年2月以來，勝宏科技的股價持續上升，至今累計升超455%，最低報13.86元/股，最高報92.99元/股。
不過，勝宏科技股價在3月19日創下歷史新高，隨後回調超33%。
近9個交易日，勝宏科技股價又重新迴歸上行區間，累計升超34%。
昨日收盤，勝宏科技最新報82.4元/股，逼近前高，總市值為710.9億元。
與此同時，機構普遍看好勝宏科技的潛力。
長江證券指出，作為PCB行業領先企業，勝宏科技將憑藉高技術、高品質和高質量的產品，不斷提升行業地位。展望後市，在傳統下游領域逐步迎來複蘇的同時，伴隨着公司持續優化產品結構，高ASP產品出貨量佔比逐步提高，看好後續公司未來進入快速增長期，充分享受AI浪潮帶來的成長。
華創證券認為，AI算力+汽車驅動PCB行業進入新一輪成長週期，勝宏科技坐擁海量HDI+高多層產能，國內外產能擴張並舉，在數通、汽車領域服務頭部客户有望深度受益本輪行業發展。
同時，華創證券將勝宏科技24-26年歸母利潤預測由11.62/22.67/27.92億元調整為11.61/46/64億元，參考可比公司滬電股份、深南電路、世運電路，給予公司25年25X目標PE，目標價133.25元，維持“強推”評級。
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