Core Viewpoint - Hillstone Technology (01478) experienced a significant price fluctuation, dropping over 7% after a previous rise of over 14%, indicating market volatility and investor sentiment shifts [1] Financial Performance - Citigroup's report indicates that Hillstone Technology's net profit for the previous year is expected to increase by 4 to 4.5 times, reaching between 1.395 billion to 1.535 billion RMB [1] - The median estimate is 12% lower than Citigroup's forecast of 1.663 billion RMB but exceeds market expectations [1] Business Segments - The strong growth is attributed to accelerated growth in non-mobile CCM lens modules in the Internet of Things and automotive sectors [1] - The focus on mid-to-high-end CCM lens modules and fingerprint modules is expected to enhance product mix and gross margins [1] Strategic Developments - The sale of a 51.08% stake in Hillstone India and improvements in joint operations are contributing factors to the company's performance [1] - Citigroup's assessment reflects a weak outlook for smartphone sales in the coming years, but non-mobile business is anticipated to continue driving strong growth [1]
丘钛科技回吐逾7% 花旗称公司去年净利润低于该行预期