《大行》里昂升丘鈦(01478.HK)目標價至15.7元 中績強勁 大幅上調盈測
里昂表示,丘鈦科技(01478.HK)上半年業績強勁,淨利潤按年增長168%,達3.08億元人民幣。毛利率按年提升2.2個百分點,按半年提升0.5個百分點至7.4%。攝像頭模組平均售價按年增長27%至41.5元人民幣,主要受物聯網及3,200萬像素以上產品出貨佔比提升,以及持續的攝像頭規格升級推動。公司上調2025財年指引,物聯網及車載攝像頭模組出貨量增速從40%以上上調至60%以上,指紋識別模組出貨量增速從20%以上上調至30%以上。里昂相應上調丘鈦今明兩年盈測分別72%及70%,以反映產品組合改善下毛利率較高,目標價從9.3港元升至15.7港元,維持「跑贏大市」評級。
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