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建银国际:将ASMPT(00522)评级上调至“跑赢大市” 目标价升至110港元

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建银国际发布报告称,将ASMPT(00522)评级由“中性”上调至“跑赢大市”,上调今明两年盈测2至12%,目标价由74港元调升至110港元。公司上季收入为34.1亿元,同比跌21%,按季降2%,符合公司指引。期内,纯利跌72%至7500万元,远低于市场预测。公司对今年首季的收入指引介乎3.7亿至4.3亿美元。该行表示,自去年下半年以来,SMT订单一直呈下降趋势,并可能在今年大部分时间持续下降。由于下调了SMT预测,公司今年第一季的收入指引疲软。不过,公司在热压焊接(TCB)及混合键合(HB)等先进工具方面取得良好进展,相信可为今年的收入作出贡献。

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