研报掘金丨方正证券：豪威集团盈利能力持续提升，维持“强烈推荐”评级

Core Viewpoint - The report from Founder Securities indicates that OmniVision Technologies is experiencing steady growth in revenue and profit, with continuous improvement in profitability [1] Group 1: Financial Performance - The company expects to achieve a net profit attributable to shareholders of 1.91 to 2.05 billion yuan in the first half of 2025, representing a year-on-year growth of 39% to 50% [1] - The second quarter revenue reached a historical high, driven by the steady increase in market share in automotive intelligent driving, panoramic, and action camera applications [1] - The company's net profit growth and profitability have been effectively promoted and released due to continuous improvements in management efficiency [1] Group 2: Product Development and Market Position - The accelerated introduction of high-pixel CIS into high-end smartphone rear cameras and automotive clients is expected to sustain high growth in performance [1] - The company is steadily increasing its market share in relevant fields, contributing to robust revenue growth [1] Group 3: Valuation - The current market value corresponds to price-to-earnings ratios of 33, 26, and 22 times for the respective years [1] - The report maintains a "strong buy" rating for the company [1]