aac tech (02018) rose over 4%, as of the time of writing, it rose by 4.67%, reaching 31.4 Hong Kong dollars, with a trading volume of 50.7731 million Hong Kong dollars.
According to Zhito Finance APP, aac tech (02018) rose over 4%, as of the time of writing, it rose by 4.67%, reaching 31.4 Hong Kong dollars, with a trading volume of 50.7731 million Hong Kong dollars.
In terms of news, goldman sachs released a research report indicating that aac tech's revenue in the second half of 2024 is expected to grow by 42% year-on-year, or an increase of 33% year-on-year for the whole year of 2024, mainly due to the growth in smartphone lenses, increased contributions from 6P lenses, and growth in PSS autos business revenue. It is expected that the gross margin will increase to 22.6% in the second half of 2024, and the operating profit margin (OPM) will rise from 7% in 2024 to 10% in 2027. Based on a PE of 22.6 times for 2025, the target price for aac tech was raised by 11.6% from 42.1 Hong Kong dollars to 47 Hong Kong dollars, maintaining a "buy" rating.
