来源：朝阳永续 1. 舜宇光学科技全年业绩预期怎么样？ 截至2026年01月06日，根据朝阳永续季度业绩前瞻数据： 预测营业收入410.85~446.00亿元，同比增长7.3%~16.5%； 预测净利润32.63~38.10亿元，同比增长20.9%~41.2%； 预测经调整净利润37.70亿元。 关注后续财报数据披露后能否超预期，朝阳永续港股季度业绩前瞻数据将为投资者提供业绩鉴定。 分业务来说： 1)手机相关产品业务：舜宇光学科技智能手机镜头市占率全球第一，业绩增长依靠产品结构优化，新技 术领域前瞻布局，产品结构持续改善。 2)车载相关产品业务：舜宇光学科技车载镜头出货量全球领先，市场份额稳居首位，车载模组领域发展 迅猛，持续深化与全球主流智能驾驶平台厂商合作。 | Artist 1 This collect . would with a contract and a come 数据来源:朝阳水转型利预测数据库 | | | | | | | 图书馆 更多血境目时 | | --- | --- | --- | --- | --- | --- | --- | --- | | 货币单位:亿元人民币 | | | | | ...

1. 舜宇光学科技全年业绩预期怎么样？ 截至2025年12月18日，根据朝阳永续季度业绩前瞻数据： 预测公司全年一致预期营业收入410.85~439.15亿元，同比增长7.3%~14.7%； 预测公司全年一致预期净利润32.63~38.10亿元，同比增长20.9%~41.2%；预测经调整净利润37.70亿元。 关注后续财报数据披露后能否超预期，朝阳永续港股季度业绩前瞻数据将为投资者提供业绩鉴定。 | 机构间布 | | / 营业收入 | 同比 | 净利润 | | 经调整净利润 同) | | --- | --- | --- | --- | --- | --- | --- | | 卖方预测区间 | | 410.85~439.15 | 7.3%~14.7% | 32.63~38.10 | 20.9%~41.2% | 37.70 | | 平均数 | -- | 427.32 | 11.6% | 36.28 | 34.4% | 37.70 | | 中位数 | -- | 426.22 | 11.3% | 36.74 | 36.1% | 37.70 | | 华兴证券 | 2025-12-18 | 434.59 | 13.5% ...

Core Viewpoint - Morgan Stanley's report indicates that Sunny Optical Technology's performance in the first half of the year was primarily driven by the strong improvement in smartphone profitability [1] Group 1: Smartphone Business - The better average selling price and gross margin of smartphones are expected to be sustainable until the second half of 2025 and beyond [1] - Despite a decline in shipment volume, the healthier competition in the industry due to market share stabilization is beneficial for Sunny's long-term smartphone business profitability [1] Group 2: Automotive Products - The outlook for the company's automotive products business is stronger than expected and will continue to be a major growth driver for 2025 [1] - This growth is attributed to higher ADAS penetration rates and increased per-vehicle value, along with Sunny's acquisition of more high-margin projects in international markets [1] Group 3: Earnings Forecast and Ratings - Morgan Stanley maintains a "neutral" rating on Sunny Optical, holding a more conservative view on the growth potential of its future smartphone business due to its lower share in high-end projects [1] - Other new businesses, such as robotics, are expected to take longer to contribute significantly [1] - The earnings per share forecasts for 2025 and 2026 have been raised by 19% and 10% to HKD 3.2 and HKD 3.4, respectively, with the target price increased from HKD 65 to HKD 75 [1]

Core Viewpoint - Nomura's research report indicates that Sunny Optical Technology's management is more optimistic about the automotive lens business outlook, driven by the increasing adoption rate of ADAS in China [1] Group 1: Automotive Lens Business - The company has raised its global automotive lens shipment forecast for this year from 340,000 units to over 400,000 units [1] - Sunny Optical aims to increase its market share in the automotive camera module market, currently holding a 3% market share, with a target to rank among the top three industry players within the next 3 to 5 years [1] Group 2: Smartphone Market - The company anticipates a year-on-year growth of approximately 1% in global smartphone shipments, a decrease from the previous forecast of 2% to 3% growth [1] - It is expected that the growth of the Chinese smartphone market will surpass that of the global market [1]