You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》大和下調福萊特玻璃(06865.HK)目標價至25元 評級「買入」
阿思達克 05-10 10:14
大和發表研究報告指,太陽能光伏玻璃近期價格走弱,3月份累跌30%至每平方米28元人民幣,預期會持續下跌,在供應及庫存增加下,估計未來仍有12%至15%下跌空間。

該行指,福萊特玻璃(06865.HK)增產速度較同業快,有助抵消部分平均售價下跌所帶來的影響,市場調查發現福萊特計劃將3.2mm玻璃價格再下降約12%至15%至約22至23元人民幣,而信義光能(00968.HK)確定會跟隨減價。

考慮到多晶矽成本上升導致目前生產利用率下降,大和認為降價可能有助於刺激組件需求,支持全年整體太陽能玻璃的安裝量,預測福萊特玻璃全年整體平均售價將由31元人民幣降至26元人民幣,毛利率跌至35%,相應將今明兩年盈利預測降低13%至14%,目標價下調至25元(原本29元),重申「買入」評級。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account