《大行報告》麥格理上調比亞迪電子(00285.HK)目標價至20.1元 評級「跑贏大市」
麥格理發表研究報告,上調比亞迪電子(00285.HK)目標價7%至20.1元,以反映裝配收入增加,維持評級「跑贏大市」。
報告指,由於疫情影響了西安、深圳和惠州工廠的生產力,比亞迪電子首季表現疲軟。但後蓋玻璃、電子煙、平板電腦組裝、汽車電子等多種新產品將在第二季至第三季開始量產。
麥格理指,公司在財報發布後的電話會議上表示,由於智能手機裝配線的利用率提高,以及閑置產能轉移到不斷增長的汽車電子領域,第二季收入和毛利率將按季改善。而平板電腦裝配的市場份額增加、美國大客戶的智能手機後蓋玻璃項目的啟動,以及安卓智能手機旺季帶動下,下半年將出現連續增長。
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