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大行评级|里昂:上调比亚迪电子目标价至52.9港元 维持“跑赢大市”评级
Ge Long Hui·2025-09-01 05:19

Core Viewpoint - BYD Electronics reported a 22% year-on-year increase in net profit for the second quarter, reaching 1.1 billion HKD, driven by the expansion in the automotive sector and improved profit margins from Jabil [1] Group 1: Financial Performance - The company's automotive business revenue is expected to grow by 35% to 40% year-on-year this year [1] - The profit forecast for the group has been slightly adjusted downwards by 1% for this year, while it has been increased by 1% and 2% for next year and 2027, respectively [1] Group 2: Client and Revenue Projections - A client’s upgrade in shell specifications is anticipated to lead to a revenue increase of over 50% for Jabil next year [1] - The target price for the stock has been raised from 38.9 HKD to 52.9 HKD, maintaining an "outperform" rating [1]