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《大行報告》瑞信升敏實(00425.HK)評級至「跑贏大市」 目標價上調至25元
阿思達克 05-24 10:01
瑞信發表報告指,中央提出內地乘用車購置稅減徵600億元人民幣(下同) ,由於目前新能源汽車免徵收車輛購置稅,因此新的減稅措施將只有利於內燃引擎(ICE)汽車。目前,內燃引擎汽車的平均售價約爲15萬元,按10%的稅率計算,車輛購置稅爲1.33萬元。假設減稅徵至5%,600億元的預算可以覆蓋900萬輛汽車。 該行預計,內燃引擎車購置稅的降低將促進今年150萬至200萬輛乘用車的增量需求。考慮到行業需求改善,該行將敏實(00425.HK)2022年至2024年盈利預測提高1.2%至1.3%,目標價相應由22港元上調至25港元,評級亦由「中性」升至「跑贏大市」 。
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