【交银国际升小米(01810.HK)目标价至62港元 维持“买入”评级】金十数据5月30日讯,交银国际发表报告指,小米(01810.HK)首季业绩超预期,AIOT继续高增长,汽车毛利率提升。收入和经调整净利润分别为1,113亿、107亿元人民币,超出市场和该行预期。受益于大家电、可穿戴及平板等品类的强劲增长,AIoT收入按年增59%至323亿元人民币;毛利率由去年第四季的20.5%增至25.2%。汽车毛利率继续提升至23.2%,主要来自SU7持续带来的规模效应,公司较高的管理效率和渠道效率,产品组合,以及权益类收入增长。交银国际上调小米目标价至62港元。维持“买入”评级。
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