Recently, auto stocks have risen sharply, but auto parts stocks have not benefited, but I think they can catch up. This time, I found a potential auto parts stock: Minth Group.HK. The stock price has been adjusted significantly for a period of time, but the company's ability to make money is not bad, so you can pay attention. The main points are as follows: 1) Its revenue has grown steadily, its profitability has recovered month-on-month, and the gross profit margin of battery boxes has increased significantly. This was mainly attributable to the rapid development of the battery box business and the good sales performance of models supporting overseas customers. 2) Minshi has undertaken more than 50 battery box projects worldwide. With the continuous production of battery box projects in the second half of the year, the company's battery box business revenue and gross profit are expected to maintain rapid growth. 3) The company's new orders continued to exceed expectations, with orders in hand exceeding 180 billion yuan. Among them, overseas business, innovative products and new energy vehicle products have achieved impressive growth, providing stable support for medium and long-term performance growth. It is expected that the global auto market will resume production in the second half of the year and the company's new projects will gradually be put into operation, which is expected to significantly increase profits. 4) Minth Group is an auto parts company with global layout and management capabilities. It has a stable and huge customer base and has successfully entered the supply system of world-class OEMs. A positive brand image will help to further attract more customers. Based on the above points, Minth Group is worth paying attention to. In terms of stock price, it is temporarily 17.56 yuan, which is only 16.6% higher than the lowest price of 15.06 yuan, which is considered a low level. I think it can be bought at 17.2 yuan, the target price is 25 yuan, and the stop loss price is 16.5 yuan. The above information is for reference only and does not constitute investment advice.
$MINTH GROUP(00425)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$
Modify on 2022-11-14 05:23
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