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大行評級|里昂:下調ASMPT目標價至68港元 下調2025至27財年盈利預測
格隆匯 02-27 11:03

里昂發表研報指,ASMPT 2024財年第四季收入處於預期的上限範圍。而受到半導體及表面貼裝技術部門的拖累,毛利率較預期低3.7個百分點,淨利潤較預期低97%。里昂提及,對於主流設備業務而言,該板塊復甦的可見度仍然較低,預計今年首季的訂單量將按季持平;對於先進封裝業務而言,ASMPT於今年首季由另一間全球高頻寬存儲器廠商獲得首筆訂單;對於邏輯業務而言,ASMPT與領先代工廠的芯片對晶圓(C2W)的聯合開發仍在進行中。

里昂表示,由於ASMPT盈測下降且市淨率較低,故將其目標價由82.1港元下調至68港元,維持“持有”評級。另外,該行將ASMPT 2025至2027財年盈利預測分別下調67%、35%及24%。

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