The Zhitong Finance App learned that Ruisheng Technology (02018) has increased by more than 4%, and the cumulative increase during the month has already exceeded 30%. As of press release, it rose 4.23% to HK$25.9, with a turnover of HK$51.619,700.
According to the news, Komo released a research report saying that Ruisheng held an analyst meeting after announcing its annual results. The group is optimistic about the prospects for this year, leading to revenue growth of 25% to 30% year-on-year, while gross margin can be higher than 20%. Xiaomo believes that the guidelines are better than market expectations, mainly due to significant improvements in the Group's optical business, which is expected to turn a loss into a profit this year. Furthermore, Motong believes that Ruisheng's acquisition of PSS will create a synergy to help it expand its acoustics business into the non-smartphone market. It believes this may bring more revenue and profit growth to Ruisheng in the next few years.
Citi published a report stating that Ruisheng's management is confident about this year's prospects and is expected to naturally grow by 10% to 15% this year with the support of specification upgrades. Bank of China International released a report saying that Ruisheng's performance in the second half of 2023 was better than expected; it is expected that Ruisheng will usher in a strong recovery this year, and there will be more catalysts.