SHE:002475

Jefferies Adjusts Luxshare Precision Industry's Price Target to 80 Yuan from 75 Yuan, Keeps at Buy

Luxshare Precision's Q1 Profit Jumps 20% as Revenue Surges 36%

Luxshare Precision Industry (SHE:002475) reported a 20% year-over-year increase in attributable net profit in the first quarter to 3.66 billion yuan from 3.04 billion yuan.Earnings per share rose to 0.49 yuan from 0.42 yuan, according to a Wednesday filing with the Shenzhen Stock Exchange.Revenue climbed 36% year over year to 83.9 billion yuan from 61.8 billion yuan.Luxshare assembles iPhones, AirPods and Vision Pro headsets for Apple.

Time Interconnect to Buy Remaining 51% of Time Interconnect Singapore; Shares Slip 6%

Time Interconnect Technology (HKG:1729) has agreed to acquire the remaining stake in Time Interconnect Singapore from its controlling shareholder, Luxshare Precision Industry (SHE:002475), according to a Thursday Hong Kong bourse filing.Shares of the cable assembly business were down nearly 6% in Friday afternoon trade.The acquisition is valued at $12.7 million, the filing said.Time Interconnect Singapore is currently owned 49% by the company and 51% by Luxshare Precision.Separately, the company said it has entered into a supplemental agreement with Luxshare Precision Industry to revise annual caps for continuing transactions.The revised caps were increased to HK$3.5 billion for 2026, HK$5.3 billion for 2027, and HK$5.8 billion for 2028.

Jefferies Adjusts Luxshare Precision Industry's Price Target to 75 Yuan From 73 Yuan, Keeps at Buy

Luxshare Precision Industry (SHE:002475) has an average rating of buy and mean price target of 73.09 yuan, according to analysts polled by FactSet.

Luxshare Precision Industry Logs 24% Rise in 2025 Profit, Revenue

Luxshare Precision Industry Co (SHE:002475) posted 2025 attributable net profit of 16.6 billion yuan, up 24% from 13.4 billion yuan the previous year.Earnings per share rose to 2.26 yuan from 1.85 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue climbed 24% year over year to 332.3 billion yuan from 268.8 billion yuan.The company makes connectors for computers, communication devices, consumer electronics products and automobiles. Its shares rose 1% in recent trade.