SUNNY OPTICAL (02382): Shareholder Net income increased by over 1.4 times, will the Market Cap face a revaluation?

The automotive optics market is highly prosperous under the trend of Asia Vets driving, and as an industry leader, SUNNY OPTICAL (02382) has also performed strongly, achieving a Net income that has doubled, reversing the decline that persisted in the past two years.

Zhitong FinanceFeb 17 04:47 ET

Xi Jinping Meets Chinese Private-Sector Company Leaders: State Media

WSJFeb 17 01:54 ET

Sunny Optical Technology's 2024 Earnings Likely to Beat Expectations -- Market Talk

WSJFeb 16 21:37 ET

Sunny Optical Technology (Group) Target Price Raised to HK$100.00 From HK$85.00 by UOB Kay Hian >2382.HK

Dow JonesFeb 16 21:07 ET · Ratings

China International Capital Corporation: Reiterates SUNNY OPTICAL's "Outperform the Market" rating, Target Price raised to 105 Hong Kong dollars.

Jianyin International issued a research report stating that, due to SUNNY OPTICAL's (02382) strong profitability, its leading industry technology, and solid customer base, the Target Price has been significantly raised by 59%, from 66 HKD to 105 HKD, and reaffirmed the 'outperform the market' rating. The firm believes that SUNNY OPTICAL is still a viable long-term investment. The firm indicated that the group's recent profit announcement shows strong performance for 2024, and with the average selling price and profits of its Smart Phone products increasing, the earnings forecast for 2024-2026 has been revised up by 16%/9%/9% to reflect higher shipment and gross margin expectations. Meanwhile, Jianyin International

Sina Hong Kong StocksFeb 14 02:06 ET

Trending Industry Today: BYD COMPANY Leads Gains In Intelligent Driving Concept Stocks

Moomoo NewsFeb 14 01:40 ET