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大行評級|瑞銀:下調ASMPT目標價至85港元 維持“買入”評級
格隆匯 02-27 13:31

瑞銀髮表研報指,儘管對SK海力士的熱壓鍵合出貨量獲得銷售確認,惟ASMPT仍指引今年第一季銷售額將按季減少9%,低於市場預期的按季增長3%。瑞銀引述ASMPT管理層預計,今年第一季訂單量將維持疲弱,由於半導體解決方案訂單量較去年第四季的較高基數趨正常化,至於今年第一季來自先進系統級封裝工具的批量熱壓鍵合訂單,以及表面貼裝技術訂單略有回升。

另外,瑞銀將ASMPT今明兩財年每股盈利預測下調61%及41%,並預計其收入將在2025財年達到144億港元(即按年增長9%,之前預計為增長37%)。另外,熱壓鍵合業務收入將由2024年的9億港元,增至2025年的22億港元;收入貢獻將由2024年的7%,翻倍至2025年的15%。瑞銀將ASMPT目標價由135港元下調至85港元,維持“買入”評級。

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