Core Viewpoint - DWS has released a report stating that Minth Group (00425) aims to achieve a revenue of 72 billion RMB by 2030, with a compound annual growth rate (CAGR) of over 20% for the next five years, exceeding DWS's forecast of 13% and the market's general expectation of 14% to 15% [1][5] Group 1 - DWS maintains a "Buy" rating for Minth Group, raising the target price from 40 HKD to 45 HKD [1][5] - Additional growth is expected to come from new product lines including smart exterior components, liquid cooling components, humanoid robot components, electric vertical take-off and landing aircraft components, and wireless charging components [1][5] - Despite recent increases in aluminum prices, the group has a strong cost transfer mechanism, and gross profit is expected to remain stable by 2026 [1][5] Group 2 - DWS has revised its net profit forecasts for Minth Group for 2025 to 2027, increasing them by 6%, 10%, and 14% respectively, resulting in projected profits of 2.754 billion, 3.229 billion, and 3.866 billion RMB [1][5]
大华继显：料敏实集团今年毛利保持平稳 维持“买入”评级