大华继显:微升敏实集团(00425)目标价至40港元 维持“买入”评级

智通财经网
26 Mar

智通财经APP获悉,大华继显发布研报称,指敏实集团(00425)2024年下半年净利润如预期达到23.19亿元人民币,同比增长22%,利润率的超出预期抵消了收入逊预期,维持“买入”评级,将目标价由39.5港元轻微上调至40港元。

管理层预计2025年收入将实现两位数增长,并计划到2026年加速新业务的发展,如机器人、电动垂直起降飞行器(eVTOL)和电动车无线充电。该行基于更高的利润率估算,将2025至26年的净利润预测分别上调2%及6%,至分别29.3亿元人民币及36.2亿元人民币,并引入2027年净利润预测为44.26亿元人民币。

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