CICC released a research report sayingTeenagemutantninjaturtlesiithearcadegameIt is rated as "outperforming industry" by Shunyu Optical Technology (02382), and the net profit of 2024 / 2025 is forecast to be 17.Teenagemutantninjaturtlesiithearcadegame40 million yuan / 20Teenagemutantninjaturtlesiithearcadegame40 million yuan, with a target price of HK $63.4. The company announced April shipment data: 1) Mobile Optics: the company shipped 45.683 million pieces of mobile camera module products and 102 million pieces of mobile phone lens products. Split up, the mobile lens business due to Android customers' new machine stock and release, year-to-date (YTD) monthly shipments of more than 100 million, YTD growth of 29% year-on-year.
The bank believes that the company's mobile lens products will gradually enter the traditional off-season stage in the second quarter, which is expected to fluctuate with the overall demand of the industry, but considering the excellent positions of mobile lens products of the company's major customers in North America and Android, the bank recommends that investors actively pay attention to the dynamic energy of the company's lens products and the corresponding profit repair opportunities during the 2H24 peak season.TeenagemutantninjaturtlesiithearcadegameIn terms of mobile phone modules, as April entered the traditional off-season, the bank also advised investors to follow the progress of the company's big Android customers; from the perspective of mobile phone business as a whole, the bank believes that Shunyu mobile optics has more comprehensive customer coverage and high-quality product competitiveness, and it suggests that investors keep up with the shipping trend of mobile phone optics business and pay attention to the company's profit repair opportunities.
