【行家论股】东益电子(GTRONIC,7022,主板科技股) 转向更高价值业务
分析:大华继显投行研究
目标价:1.87令吉
最新进展:
东益电子(GTRONIC,7022,主板科技股)2022财年次季净赚1118万8000令吉或每股1.67仙,按年多赚78.98%,归功于更好产品组合与外汇收益提振。
同时,次季营业额报4763万8000令吉,按年提升2.66%。
行家建议:
东益电子次季核心净利为1050万令吉,按年大涨76%,按季也增长7%;这让该公司首半年核心净利达到2030万令吉,达到我们和市场全年预测的36%。
考虑到过去数年来,该公司首半年净利表现都较下半年差,我们认为这样的业绩是符合预期的。
首半年的营业额按年下滑了11%,这是因为东益电子正逐渐减少低赚幅的石英晶体计时装置生产;这也让该公司的总赚幅大幅提升至40.9%。
在缩减低赚幅业务之后,东益电子目前转向更高价值的传感器业务及半导体封测业务。
今年拨出的5000万令吉资本投资,以及兴建新的工厂,也准备好拿下新的跨国企业客户。
东益电子近来股价已经大幅下挫至2023年预期本益比的12.6倍,相当于5年均值的-2个标准差。
我们调降其目标价至1.87令吉,但维持“买入”评级,并看好该集团正强化的高科技传感器业务,可继续带来盈利增长。
东益电子股价走势
https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E8%A7%86%E9%A2%91%E3%80%91%E4%B8%9C%E7%9B%8A%E7%94%B5%E5%AD%90-%E8%BD%AC%E5%90%91%E6%9B%B4%E9%AB%98%E4%BB%B7%E5%80%BC%E4%B8%9A%E5%8A%A1
Singapore Investment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
What do I fear?20 hours ago
-
-
-
The Price Of A Thousand Yen22 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
CICT 1Q2024 Business Updates2 days ago
-
-
-
-
-
-
-
-
-
Keyboarding Warriors3 days ago
-
-
-
-
Cory Diary : Portfolio updates4 days ago
-
-
-
Weekly Markets Outlook4 days ago
-
-
-
Portfolio Update5 days ago
-
-
-
-
-
-
-
-
-
Buying a home for face1 week ago
-
-
-
-
-
Finance Investment Movement 441 week ago
-
-
Market indeed coming down1 week ago
-
-
-
-
-
-
Banks and Miles Report – Mar 20242 weeks ago
-
Revisiting Bitcoin2 weeks ago
-
-
-
-
2024 (Portfolio Update)2 weeks ago
-
-
-
Retirement Journey Update for March 20243 weeks ago
-
-
-
1Q 2024 Investment Strategy Update3 weeks ago
-
-
Portfolio Summary for March 20243 weeks ago
-
-
-
Portfolio (March 30, 2024)4 weeks ago
-
-
-
QAF #77 - 2023 Annual Report4 weeks ago
-
Lentor Hills Residences4 weeks ago
-
Burnt out!4 weeks ago
-
-
-
Feb 2024 Expenditure4 weeks ago
-
-
Starting Our Second Property Cycle5 weeks ago
-
-
-
-
-
-
-
Feb 2024 Portfolio1 month ago
-
-
Summary of February 20241 month ago
-
The Market Is A Scam!1 month ago
-
-
-
-
-
-
-
-
-
Options Trading Journal Jan 20242 months ago
-
-
-
-
-
-
-
End of 2023 Review3 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report3 months ago
-
Monthly Summary of November 20234 months ago
-
3 Simple Poker Strategies for Beginners4 months ago
-
Migration of website4 months ago
-
-
Abandon REITS?5 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates7 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
A New Light11 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-