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《大行报告》瑞信下调比亚迪(01211.HK)目标价至280元 评级「跑赢大市」
阿思达克 03-30 10:20
瑞信发表研究报告,指比亚迪(01211.HK)去年表现符其盈喜,其中下半年纯利增长逾15倍,主因旗下比亚迪电子(00285.HK)的贡献。公司汽车分别於下半年达收支平衡,虽然新能源车销售增长,惟被资产减值所抵销。

该行指,去年第四季纯利按季跌53%,若剔除比亚迪电子的贡献,盈利则跌82%至9,300万元人民币,当中包括10.36亿元人民币的减值,即经常性盈利表现强劲。

公司指首季纯利为2亿至3亿元人民币,按年增78%至166%,相等於该行对今年全年盈利预期的3至5%,故降今明两年盈利7.5%及7.8%,目标价由310元降至280元,评级「跑赢大市」。

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