大行評級|里昂:維持小米“高度確信跑贏大市”評級 預期首季業績表現強勁
里昂預期小米首季業績表現強勁,收入料按年升44.6%至1090億元,經調整淨利潤料按年升54%至100億元。其在中國的智能手機、物聯網和電動車銷售均表現強勁,受惠以舊換新補貼和市場份額增長。毛利率再次按季上升,電動車業務虧損可能進一步縮窄至6.5億元。
該行指,小米首季交付7.6萬輛電動車,該行上調對小米今年交付電動車數量預測至40萬輛,並上調對小米今明兩年經調整淨利潤預測8%及4%,維持“高度確信跑贏大市”評級,目標價69港元。
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