In "Major Banks," China International Capital Corporation (CICC) initiates coverage of JOHNSON ELEC H with an "Outperform Industry" rating and a target price of 43.6 yuan

AASTOCKS
2025.11.19 02:27

CICC's research report points out that it has initiated coverage on JOHNSON ELEC H (00179.HK) with an "Outperform" rating and a target price of HKD 43.6, which corresponds to a projected price-to-earnings ratio of 20 times and 18.9 times for the fiscal years 2026 and 2027, respectively.

CICC stated that the company is a global leader in micro-motors, entering the fields of humanoid robots and liquid cooling. As a leading enterprise in automotive micro-motors, the company has deeply covered the global market for many years. The micro-motor market continues to expand under the trend of automotive electrification, and the company's advantages remain solid. It is increasing its focus on humanoid robots and liquid cooling to create new growth points