Core Viewpoint - The report from CICC highlights that Q Technology has shown strong performance in the first half of the year, with a net profit increase of 168% year-on-year, and improvements in both gross margin year-on-year and quarter-on-quarter [1] Financial Performance - Q Technology's average selling price for camera modules increased by 27% due to a higher proportion of IoT and high-pixel product shipments [1] - The company has raised its shipment growth guidance for IoT, automotive camera modules, and fingerprint recognition modules for the fiscal year 2025 [1] Analyst Ratings - CICC has upgraded its earnings forecasts for the company for the next two years and raised the target price from HKD 9.3 to HKD 15.7, maintaining an "outperform" rating [1]
里昂：上调丘钛科技目标价至15.7港元