研報掘金丨國盛證券:亞翔集成估值顯著低於同業,首予買入”評級
國盛證券研報指出,亞翔集成爲臺資半導體潔淨室龍頭,業務底蘊深厚。當前公司在手訂單充裕,後續有望持續落地海外大單,估值顯著低於同業,首次覆蓋給予買入”評級。公司擁有業內領先的“計算流體力學分析應用技術”和“空氣採樣與分析技術”,自2000年起建立採樣數據庫,截止至2024年末已積累超251萬平潔淨室工程承建經驗,可爲業主提供事前模擬及事後採樣分析,大幅提升潔淨室穩定性及可靠性。從區域上看,近年來受供應鏈多元化需求及成本優勢驅動,疊加地緣政治因素影響,全球半導體產能逐步向東南亞轉移,新加坡、馬來西亞等多國發布半導體行業支持政策,聯電、世界先進、美光等多家龍頭佈局東南亞建廠,有望帶動區域潔淨室建設景氣上行。
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