瑞银发表研究报告指,受欧洲电动车销售强劲推动,敏实集团今年首五个月电池壳体收入按年增长约50%,毛利率按年提升至约22%;整体收入按年增长约13%,净利润按年增长约20%,情况令人鼓舞。此外,集团已获得多款小米汽车型号订单,预计小米车型的CPV(客户产品价值)将增加,今年前五个月负债比率及债务结构得到优化。 瑞银将其目标价从30.5港元上调至31.5港元,评级“买入”。瑞银又指,由于敏实集团电池壳体业务发展优于预期,将其2025至2027年盈利预测上调2%至4%。报告提及,敏实集团凭借在汽车塑料零件及智能外观领域的技术优势,正在开发三类人形机器人产品。对于eVTOL(电动垂直起降飞行器),公司主要涉足机体结构件及旋翼,预计2025年第三季度有望获得订单。
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