Han's Laser Technology Industry Group Co Ltd Class A

002008: XSHE (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CNY 52.00	Jtrx	Jfpldzgd

Han’s Laser Earnings: Results Bear No Surprises

Phelix Lee

Apr 29, 2024

We have made no change to our forecasts and fair value estimate on Han’s Laser after the company posted first-quarter 2024 results, which were only a week after its fourth-quarter 2023 numbers. Han’s Laser is fairly valued, and we prefer Luxshare Precision for investors who are bullish on the consumer electronics segment, and Hikvision for a macro play.

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