《大行報告》匯豐研究下調ASMPT(00522.HK)目標價至72元 渡過週期性低潮但需求尚未明朗
匯豐研究發表報告指,ASMPT(00522.HK)第三季收入爲35億元,按年跌24%,低於該行預期,但符合市場預測。期內,毛利率爲34.2%,低於預期,營運利潤率亦由第二季的9.9%跌至1.9%。每股盈利0.04元,低於預測。整體訂單出貨錄得按季增長,但需求尚未明朗。公司的第四季的收入指引將介乎3.9億至4.6億美元。
該行表示,就主流打線接合(Wire bonding),監於產能持續消化及消費者需求疲軟,對復甦幅度保持謹慎。在正在進行的訂單中,TCB的勢頭應該會支撐集團估值,但半導體需求復甦較預期慢,可能會令盈利預測下行。
該行下調集團2023至24財年每股盈測14至38%,以反映第三季較低的營運利潤,目標價由83元下調至72元,維持「持有」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.