华泰证券发表报告指，舜宇(02382.HK) 发布正面盈利预告，2024年净利润26.39至27.49亿元人民币，按年增长140至150%，高于市场和该行预期的24.42亿/23.43亿元人民币。该行认为公司盈利能力的强劲覆苏主要有以下三个原因，包括公司手机镜头和模组业务的产品结构改善带来的公司出货量、平均售价、毛利率的提升；公司车载镜头业务继续保持全球领先地位，出货量稳定增长；智能电动化加速推动公司车载模组业务出货量快速增长。
展望2025年，该行预计公司手机业务毛利率或继续改善3个百分点，车载业务收入按年增27%，驱动公司净利润增长41%。维持“买入”评级。目标价由60港元升至109.9港元。
考虑公司手机业务在竞争趋缓及产品组合改善下盈利能力好转，该行上调公司2024至2026年毛利率预测各0.8、2.1及2.5个分点，由此上调净利润预测分别至27亿、37.5亿及44.8亿元人民币，前值预测为23.4亿、29.8亿及35亿元人民币。(ha/u)(港股报价延迟最少十五分钟。沽空资料截至 2025-02-18 12:25。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.