中金发表研报指，丘钛(01478.HK) 预告2024年净利润按年按年增长200%至280%，符合市场预期，主要由于份额提升、产品结构高端化、毛利率改善、归属集团的联营公司亏损按年收窄。
手机光学方面。考虑到高端模组附加值更高且占用更多产能，中金认为丘钛2024年下半年手机摄像模组的ASP及毛利率都有望录得增长。展望2025年，该行认为光学可能仍是手机微创新的主要切入点，看好手机摄像模组的盈利改善趋势延续。
指纹识别模组方面，中金认为随着更高端的超声波模组出货增加，2024财年下半年及2025财年指纹识别模组毛利率有望继续修复，甚至扭亏。
中金表示，因出货量高于公司指引，故将丘钛2024及2025财年归母净利润预测，分别上调7%及10%。同时引入2026财年收入及归母净利润预测，分别为210亿元人民币(下同)及5.1亿元。另外，该行将丘钛目标价上调32%至6.42港元，给予“跑赢行业”评级。(js/w)
(港股报价延迟最少十五分钟。沽空资料截至 2025-01-15 16:25。)
相关内容《盈喜》丘钛科技(01478.HK)预告全年溢利显著增长200%-280%
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