《大行報告》建銀國際升ASMPT(00522.HK)評級至「跑贏大市」 目標價上調至110元
建銀國際發表研究報告指,ASMPT(00522.HK)上季收入為34.1億元,按年跌21%,按季降2%,符合公司指引。期內,毛利率按年增0.9個百分點至42.3%;純利跌72%至7,500萬元,遠低於市場預測。集團對今年首季的收入指引介乎3.7億至4.3億美元。
該行表示,自去年下半年以來,SMT訂單一直呈下降趨勢,並可能在今年大部分時間持續下降。由於下調了SMT預測,集團今年第一季的收入指引疲軟。不過,公司在熱壓焊接(TCB)及混合鍵合(HB)等先進工具方面取得良好進展,相信可為今年的收入作出貢獻。
該行上調集團今明兩年盈測2至12%,將其評級由「中性」上調至「跑贏大市」,目標價由74元調升至110元。
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