SUNNY OPTICAL's stock soared 5.02% intraday, driven by the company's strong full-year financial performance and subsequent positive analyst actions.
The company reported robust annual results, with revenue rising 12.9% year-over-year to 43.23 billion yuan and net profit attributable to shareholders surging approximately 71.9% to 4.639 billion yuan. Gross margin improved to 19.7%, benefiting from the premiumization of smartphone lens products and a growing contribution from the automotive optics segment.
Multiple broker upgrades have fueled the rally, with HSBC raising its target price to 86.9 HKD and maintaining a Buy rating, while Haitong International maintained an Outperform rating, citing growth momentum from the intelligent driving trend in the automotive business.
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