蔚來公佈業績後 大摩和花旗唱多
3月25日,蔚來(NIO.US)披露了2021年財報。財報顯示,第四季度,蔚來營收99.007億元人民幣,同比增長49.1%,高於分析師預期的97.2億元;汽車交付2.5034萬輛,同比增長44.3%,同樣高於分析師預期的2.4945萬輛。業績公佈後,摩根士丹利和花旗的分析師表示看好蔚來。
業績指引方面,蔚來預計,今年第一季度交付量爲2.5萬到2.6萬輛,同比增長24.6%至29.6%;一季度營收在96.3億到99.9億元人民幣。
摩根士丹利分析師Tim Hsiao表示,蔚來財力雄厚,足以爲其增長提供資金;截至2021年底的淨現金狀況將涵蓋今年更爲激進的投資;該公司管理層目前還預計,2023年第四季度將達到盈虧平衡,這也可能有助於緩解投資現金外流的壓力。
Tim Hsiao指出,新車型的增加是恢復投資者信心的關鍵,而首臺基於製造平臺NT2.0的新車型ET7將於3月28日開始交付。據悉,蔚來將有三款新車型計劃在年內開啓交付,均基於製造平臺NT2.0;除了ET7之外,ET5 計劃於今年9月開始交付,ES7也計劃在今年三季度開始交付。
花旗也指出,在原材料價格飆升的情況下,蔚來第四季度仍實現了強勁的汽車利潤率,維持該股買入評級,給予目標價87美元。
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