Hon Hai Precision Industry

Hon Hai (2317.TT): 1Q22 Preview/2Q22 Outlook- For 2022, It Could Be the Lowest Revenue in 2Q22.

Equity Bottom-Up
224 Views, 09 May 2022 21:25
EXECUTIVE SUMMARY
  • Hon Hai's revenue was NT$1,408bn in 1Q22. We expect the OPM and EPS would be ~2.2% and ~NT$2.18 in 1Q22.
  • It's a gradually increase for end-product shipment in 2021, but we think it might be followed by a slower season in 2Q22.
  • Hon Hai's target is to address the profit in 2022. For 2022, we believe it could be the lowest revenue in 2Q22.
detail (3-minute read)
WHAT’S TRENDING
Insights
  • Trending
  • Latest
logo
Logo
Patrick Liao
Taiwan Tech Focused Senior Analyst
Zoom:
NaN%
x