研報掘金丨上海證券:首予影石創新“買入”評級,業績具備持續高增可能
上海證券研報指出,影石創新深智能影像藍海市場,創新驅動龍頭成長。公司從消費級的全景相機產品切入,目前已將產品線拓展至專業VR 全景相機、運動相機等領域,2024年公司消費級智能影像設備、專業級智能影像設備、配件及其他產品收入佔比分別為86.59%、0.43%、12.98%。全景相機應用範圍廣泛,包括日常拍攝與分享、新聞播報、賽事直播、影視內容製作、遊戲內容製作等領域,並且户外運動、遠程醫療、智慧城市等專業領域中不斷滲透。認為智能影像設備行業景氣度高,應用場景持續拓展。公司全景相機和運動相機市佔率領先,在產品創新、渠道和品牌端優勢壁壘強,業績具備持續高增的可能,給予一定的估值溢價。首次覆蓋,“買入”評級。
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