《大行》里昂:小米(01810.HK)首季業績勝預期 上調經調整淨利潤預測
里昂發表研究報告指,小米(01810.HK)首季業績勝於預期,總收入及經調整淨利潤分別較預測高出2%和7%。IoT業務表現最爲出色,大型家電產品收入按年增長114%,平板電腦銷售額升56%。中國智能手機業務亦錄得理想表現,交付量升30%。毛利率亦創新高,達22.8%。電動車淨虧損收窄至5億元人民幣。
該行預期,小米次季的收入及經調整淨利潤將按年分別增長30%和60%,集團首款SUV車型YU7料成爲其下半年的催化劑。該行上調集團今明兩年的經調整淨利潤預測8%及12%,目標價69元,評級爲「高度確信跑贏大市」。
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