Core Viewpoint - Daiwa has released a report indicating that NEXTEER (01316) has consistently reduced costs and improved profit margins over the past few years, benefiting from these changes since the second half of last year, with expectations for continued improvement in the company's profitability [1] Group 1: Financial Performance - Daiwa has reiterated a "Outperform" rating for NEXTEER, raising the target price from HKD 6.8 to HKD 7 [1] - The firm has also increased its earnings per share estimates for the years 2026 to 2027 by 7% to 9% to reflect better-than-expected profit margins [1] Group 2: Business Development - The report highlights that NEXTEER has integrated steer-by-wire, rear wheel steer, and related software into vehicle control systems, securing multiple orders in the first half of this year [1] - The company anticipates total orders for this year to reach USD 5 billion, with USD 1.5 billion in orders already secured in the first half and an expectation of an additional USD 3.5 billion in the second half [1]
大和：升耐世特(01316)目标价至7港元 重申跑赢大市评级