《大行报告》美银证券上调比亚迪(01211.HK)目标价至216元 评级「买入」
美银证券发表的研究报告指,汉为比亚迪(01211.HK)首款采纳LFP刀片电池的车款,续航距离达550至605公里,电池密度达每公斤140至160Wh,销量在去年下半年推出後持续稳健,估计今年公司将在唐EV及宋PLUS插电式混合动力汽车(PHEV)及清PLUS PHEV上使用LFP刀片电池,以支撑电动车销量增长,同时亦估计将有更多厂家倾向使用LFP刀片电池以节省成本。该行估计比亚迪对外电池销售可期,料2022年前整体出货比例将增至13%,将公司2021及2022年PEV销量预测升27%及14%,但就将ICEV销量预测降7%及35%,2020至2022年各年税後溢利预测分别增3%、1%及5%,目标价由183元升至216元,评级「买入」。
比亚迪计划今年将推5至6款新车,而新平台料将在上海汽车展中发布,首款基於e2.0平台的新款「海豚」料将在今年第四季推出。此外公司亦计划在2022至2023年推出新品牌「R」以加强在高端电动车市场的渗透。
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