《大行報告》瑞信料比亞迪(01211.HK)第四季純利再創新高 評級「跑贏大市」
瑞信發表研究報告指,比亞迪(01211.HK)第三季純利按年增長350%,按季提升105%,創季度最高紀錄,而旗下比亞迪電子(00285.HK)的利潤貢獻按年僅增長17%,非電子業務則按年增長471%。
核心的汽車業務增長強勁,該行認為主要來自於期內車輛銷量強勁增長至53.87萬輛,創歷史新高的季度銷量,以及公司於3月份宣布提價,其中大部分訂單於第三季陸續交付。
該行預期,比亞迪強勁銷售勢頭預計將在第四季持續,估計10月份銷量將再創歷史新高,達到約22萬至23萬輛,按月增長10%至15%,令第四季度銷量按季提升35%至72.7萬輛,推動季度淨利潤創新高達到63.3億元人民幣。
瑞信維持對比亞迪「跑贏大市」評級及目標價410元不變。
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