You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》高盛升比亞迪(01211.HK)目標價至293元 評級「中性」
阿思達克 02-17 11:53
高盛發表研究報告,預期屆2025年內地新能源車銷量升至460萬輛,2030年增至850萬輛,2035年進一步擴至1,250萬輛;未來十五年汽車電池需求料增長12倍。這意味未來十年電池銷量年化複合增長料達18%。

報告稱,內地領先供應商已準備好迎接機遇,比亞迪(01211.HK)及寧德時代(300750.SZ)最近公布加快產能擴張的計劃。該行相應上調兩者銷量估算,料其主導內地汽車電池市場,並逐漸捕捉增長機遇如能源儲存及出口。

高盛稱,料比亞迪2021至2023年各年電池對外銷售分別達7、15及25吉瓦,並料期內新能源車銷量分別38.1萬、51.8萬及66.2萬輛,與該行去年底行業預測相符,並輕微調整銷售均價預測以反映汽車銷售高端化。

報告料比亞迪新能源車業務市佔由2020年的16%擴大至2021至2025年的24%,屆2023至2025年電池對外銷售市佔料達13%。高盛上調比亞迪(撇除比亞迪電子)今明兩年收入預測介乎25%至57%,上調盈測介乎50%至88%。以三階段現金流折現率計,予比亞迪目標價由38元升至293元,評級「中性」。

高盛另予寧德時代目標價由278元人民幣升至428元人民幣,評級「中性」。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account