研報掘金丨信達證券:影石創新業務保持高速增長,首予“增持”評級
信達證券研報指出,影石創新為全球智能影像龍頭,業務保持高速增長。公司先後開發Insta360ONE X/GO/Ace Pro 等消費級產品系列,實現業務快速增長。19-24年,公司營業收入CAGR5 約56.8%、歸母淨利潤CAGR5 約77.6%。公司作為智能影像設備行業稀缺標的,兼具“科技+消費”屬性,以核心技術帶動產品創新,技術研發和品牌營銷壁壘顯著,充分享受市場擴容紅利,新系列推出亦有望帶來進一步增長,首次覆蓋給予“增持”評級。
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