CITIC Securities raised the target price of JOHNSON ELEC H to 52.8 yuan, optimistic about the liquid cooling and humanoid robot business

AASTOCKS
2025.11.17 09:46

CITIC Securities research report pointed out that considering the operating pressure of JOHNSON ELEC H (00179.HK) in the first half of the 2025 to 2026 fiscal year, it slightly lowered its earnings per share forecast for the fiscal years 2025 to 2027/2028 to USD 0.28, USD 0.33, and USD 0.36, respectively. Taking into account the company's active layout in emerging directions such as humanoid robots and liquid cooling, and referencing comparable companies, it gives the company a price-to-earnings ratio of 24 times for the fiscal year 2025/26, raising the target price to HKD 52.8, and maintaining a "Buy" rating