大行評級|瑞銀:上調敏實集團目標價至31.5港元 首五個月電池殼體業務超預期
瑞銀髮表研究報吿指,受歐洲電動車銷售強勁推動,敏實集團今年首五個月電池殼體收入按年增長約50%,毛利率按年提升至約22%;整體收入按年增長約13%,淨利潤按年增長約20%,情況令人鼓舞。此外,集團已獲得多款小米汽車型號訂單,預計小米車型的CPV(客户產品價值)將增加,今年前五個月負債比率及債務結構得到優化。瑞銀將其目標價從30.5港元上調至31.5港元,評級“買入”。瑞銀又指,由於敏實集團電池殼體業務發展優於預期,將其2025至2027年盈利預測上調2%至4%。報吿提及,敏實集團憑藉在汽車塑料零件及智能外觀領域的技術優勢,正在開發三類人形機器人產品。對於eVTOL(電動垂直起降飛行器),公司主要涉足機體結構件及旋翼,預計2025年第三季度有望獲得訂單。
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