Global mobile phone market reshuffle, Xiaomi becomes the largest, black horse shares reach a new high

category:Finance
 Global mobile phone market reshuffle, Xiaomi becomes the largest, black horse shares reach a new high


According to the report of Anxin international, considering that each sector of Xiaomi company will continue to grow at a high predictable speed in the future, in addition, the consumption pattern of the company will fluctuate greatly under the background of the epidemic situation in 2020, and the process of introducing a number of high-level executives to strengthen the operation efficiency, the company adopts the 2021 business forecast to give the company a target price of HK $25.4 per share Corresponding to the adjusted P / E ratios of 45.4 times, 38.7 times and 28.2 times in 2020 / 2021 and 2022, the first coverage rating is overweight. BofA securities maintained Xiaomis buy rating with a target price of 26 yuan. Bank of America Securities believes that Huaweis sale of glory mobile phone brand business will not pose a threat to Xiaomi in the long run. In addition, the license issued by the United States to sell 4G mobile phone chips to China has limited impact on Xiaomi. According to the report of China Merchants Securities International, Xiaomis performance in the third quarter is expected to meet the market expectation. Due to the strong sales of smart phones, the companys revenue is expected to reach 70 billion yuan, but the Internet of things and Internet services lag behind the forecast. Therefore, the gross profit rate is reduced to 14.4%, and the adjusted net profit in the third quarter is predicted to be 3.6 billion yuan. Meanwhile, the target price of millet was raised from 22 yuan to 28 yuan, maintaining the buy rating. Source: Chen Hequn, editor in charge of Finance and Economics_ NB12679

According to the report of Anxin international, considering that each sector of Xiaomi company will continue to grow at a high predictable speed in the future, in addition, the consumption pattern of the company will fluctuate greatly under the background of the epidemic situation in 2020, and the process of introducing a number of high-level executives to strengthen the operation efficiency, the company adopts the 2021 business forecast to give the company a target price of HK $25.4 per share Corresponding to the adjusted P / E ratios of 45.4 times, 38.7 times and 28.2 times in 2020 / 2021 and 2022, the first coverage rating is overweight.

BofA securities maintained Xiaomis buy rating with a target price of 26 yuan. Bank of America Securities believes that Huaweis sale of glory mobile phone brand business will not pose a threat to Xiaomi in the long run. In addition, the license issued by the United States to sell 4G mobile phone chips to China has limited impact on Xiaomi.