Core Viewpoint - JPMorgan has released a report indicating that Minth Group (00425) is currently undervalued, with expectations that the company's entry into new markets will drive a revaluation of its stock. The target price has been raised from HKD 40 to HKD 70, marking the highest target in the market, and the stock is rated as "Overweight" [1] Group 1: Financial Projections - The bank has increased its earnings forecasts for Minth Group for 2026 and 2027 by 14% to 23%, reflecting stronger expectations for its battery box and traditional automotive parts businesses [1] Group 2: Market Expansion and Product Development - Minth Group has expanded into several emerging fields, launching products that have a high degree of synergy with its existing automotive business, including AI liquid cooling, humanoid robots, and electric vertical takeoff and landing vehicles [1] - An upcoming inspection event for the AI liquid cooling and robotics production lines is anticipated to serve as a catalyst for the stock price in the near term [1]
小摩：升敏实集团目标价至70港元 评级“增持” 上调盈利预测