Jun 25, 2021 11:46 AM (GMT+8) · EqualOcean
According to the research report released by industrial securities, Ruisheng technology's revenue is expected to be 20.7/24.2/27.5 billion yuan in 2021-23, and its net profit attributable to its parent company is 23.3/30.3/3.96 billion yuan. It believes that the company's plastic lens and module business will help the performance growth of optical business in the next year, and WLG is expected to open up medium and long-term growth space. In addition, under the upgrading trend of Android terminal acoustics and motor, it is optimistic about the stability and improvement of its traditional business profits. According to the 28 times PE of the 21 year profit forecast, the target price is HK $64.49, and the company is rated as "overweight" for the first time.