SUNNY OPTICAL(HK:02382) Jin Rong Jie·2025-08-15 03:06Core Viewpoint - Sunny Optical (02382) experienced a decline of over 3%, currently down 2.83% at HKD 77.3, with a trading volume of HKD 294 million [1] Group 1: Company Performance - The company announced that its mobile lens shipment volume for July 2025 is approximately 98.565 million units, a quarter-on-quarter increase of 3.7% but a year-on-year decrease of 14.6% [1] - The automotive lens shipment volume reached 11.349 million units, reflecting a quarter-on-quarter increase of 2.7% and a year-on-year increase of 28.8% [1] - The mobile camera module shipment volume was 42.629 million units, with a quarter-on-quarter increase of 1.7% and a year-on-year decrease of 2.9% [1] - The year-on-year decline in mobile lens shipments is attributed to the company's focus on mid-to-high-end projects and a significant improvement in product structure compared to the same period last year [1] - The year-on-year increase in automotive lens shipments is primarily due to increased client demand [1] Group 2: Market Sentiment and Analyst Ratings - According to Huaxing Securities, from May 12 to August 11, the company's stock price rose by 15.2%, outperforming the Hong Kong Hang Seng Index, which increased by 7.8% during the same period [1] - This stock price increase is believed to be a result of eased market sentiment regarding the US-China tariff issues, following progress in tariff negotiations during the Geneva trade talks in May 2025, where both countries agreed to reduce tariffs equivalently by 115% [1] - However, due to recent mobile and automotive lens shipment volumes potentially falling below market expectations, Huaxing Securities maintains a "Hold" rating and a target price of HKD 77 [1] - The firm believes that the company will still lack catalysts from the automotive lens business in the second half of 2025 [1]