金吾财讯 | 建滔积层板(01888)股价扬升3.39%，截至发稿，报29.3港元，成交额达3.1亿港元。
消息面上，海通国际给予首次覆盖“优于大市”，给予目标价35港元，对应18xPE。该机构认为，认建滔积层板已进入“传统业务顺价扩利”与“AI高端材料打开第二成长曲线”的双击阶段，推动估值从周期修复转向成长重估。
该机构预测，建滔积层板26/27/28年覆铜板及上游原材料业务收入分别同比增长41.5%/21.9%/20.0%至HKD260亿元/317亿元/380亿元，26-28年公司总收入分别+39.3%/+20.1%/+19.6%YoY至HKD284亿元/341亿元/408亿元，26-28年毛利率分别26.6%/28.0%/28.0%(历史最高点为34%)，净利润分别+99.2%/26.9%/18.8%yoy至49亿元/62亿元/73亿元，净利率17.1%/18.1%/18.0%。
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.