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Hong Kong stocks move | Sunny Optical (02382) fell over 4% in late trading as the Global Smart Phone shipment growth rate in the first quarter declined, and the company's optical products performed mediocre.

Zhitong Finance ·  May 15 15:39

Sunny Optical Technology (02382) fell more than 4% in the closing hours, as of the time of writing, it has decreased by 4.09%, priced at 65.65 Hong Kong dollars, with a trading volume of 0.645 billion Hong Kong dollars.

According to the Zhisheng Finance APP, Sunny Optical (02382) fell over 4% in the last trading hours, dropping 4.09% to HKD 65.65, with a transaction volume of HKD 0.645 billion.

CICC released a Research Report stating that according to IDC, the Global Smart Phone shipment volume increased by 1.5% year-on-year in Q1 2025, showing a slowdown compared to 2024. Some segments of the Android Industry Chain are also affected by the high base. From January to April, the combined shipment volume of Sunny Optical and Qiu Titanium camera modules fell by 23% year-on-year, setting a dull tone for the company's mobile optical products performance. In April alone, the shipment volume of Sunny Optical's mobile phone lenses and camera modules increased month-on-month, and the year-on-year growth rate of mobile phone lenses turned positive from negative.

HAITONG INT'L indicated that the reduction in competitive pressure and improvement in product mix are driving the increase in Sunny Optical's average selling price and gross margin. Besides the core Smart Phone optical Business, with the accelerated adoption of Global Advanced Driver Assistance Systems (ADAS) / Autonomous Driving (AD), Sunny Optical's leading position in AR/XR lenses and automotive camera systems provides significant upward potential.

The translation is provided by third-party software.


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