该行看好公司差异化优势的产品矩阵，以及公司坚定推进数字化和全球化两大战略，该行预计公司2024-2026年经调整净利润为1.16/1.92/3.52亿元，同比增长率为-35%/66%/83%，对应PE为83.5/50.5/27.5倍，维持“增持”投资评级。Jingwu Financial News | China Merchants released a Research Report stating that with parents' increasing focus on children's oral health, the market for early orthodontic treatment for children and adolescents is experiencing rapid growth. Angelalign (06699) utilizes the latest AI technology to provide comprehensive support for doctors and patients.
The report mentioned that the company is expanding its market share further by leveraging a development strategy driven by the "digitalization and globalization" dual engines, enhancing its global network of invisible orthodontics services. Additionally, the company's gross margin is expected to significantly improve in the first half of 2024, mainly due to product structure optimization and cost control.
The report continues to state that the company is continuously deepening its presence in international markets through localized Operation and academic promotion, further enhancing its brand influence and market share.
The report is Bullish on the company's differentiated advantage in its product matrix, as well as its firm commitment to advancing the two Global Strategies of digitalization and globalization. The firm projects the company's adjusted Net income for 2024-2026 to be 0.116/0.192/0.352 billion yuan, with year-on-year growth rates of -35%/66%/83%, corresponding to PE ratios of 83.5/50.5/27.5, maintaining a "Shareholding" investment rating.
