报告名称:Q Technology(01478.HK)A 2016 earnings recovery play;initiate at Buy
报告类型:港股研究
报告日期:2016-01-11
研究机构:广发证券(香港)
股票名称:丘钛科技
股票代码:01478
页数:9
简介:Trading at over 50% discount to Sunny Optical Q Tech is currently trading at 7.1x 2016E P/E based on our EPS estimates. This represents a >50% discount to Sunny Optical which is trading at 17x 2016E P/E. We believe this discount could narrow as Q Tech gains market share from its rivals. We initiate coverage at Buy and set a target price of HK$1.98 (23% upside), based on a 2016E target P/E of 9x, versus an industry average of 12.5x.
下载地址:Q Technology(01478.HK)A 2016 earnings recovery play;initiate at Buy