Core Viewpoint - Dechang Motor Holdings (00179) experienced a decline of over 5%, closing at HKD 29.36 with a trading volume of HKD 48.88 million, as analysts express concerns over the company's limited disclosure on new business plans and the potential for a significant revaluation based on future updates [1][1][1] Financial Performance - The mid-term results for Dechang Motor Holdings, ending September, met expectations according to Morgan Stanley [1] - Citigroup noted that management anticipates moderate revenue growth for the second half of the fiscal year ending March 2026, with both Automotive Products (APG) and Industrial Products (IPG) segments expected to show growth [1][1] Business Outlook - The company has provided limited details regarding the progress of its new business initiatives, particularly in AIDC and robotics, which is likely to maintain a subdued market sentiment [1] - Citigroup believes that significant growth momentum may not be observed until the fiscal year 2027, with new businesses (AI liquid cooling pumps and humanoid robot joints) projected to account for only 3% of total sales in that year, insufficient to justify a substantial revaluation this year [1][1] Stock Performance - The company's stock price has increased approximately 2.8 times this year, attributed to the long-term growth potential of the two new business segments, although Citigroup argues that the stock is currently overvalued compared to its fundamentals [1][1][1]
港股异动 | 德昌电机控股(00179)跌超5% 新业务计划披露细节极其有限 机构称公司股价已被过渡重估