《大行報告》瑞信下調理想汽車(LI.US)目標價至35美元 評級「跑贏大市」
瑞信發表報告指,理想汽車(LI.US)今年第三季錄得創新高的經營虧損,達21.3億元人民幣,按年上升20.8倍,按季亦增近1.2倍,表現遜於市場預期。
該行表示,集團業績令人意外之處為第三季汽車毛利率較預期低,按年下跌9.1個百分點至12%,主要由於理想One相關的庫存撥備及採購承諾損失。另一方面,集團指引的第四季交付量為4.5萬至4.8萬架,同樣較預期疲弱。
瑞信下調理想汽車美股目標價,由40美元降至35美元,評級維持「跑贏大市」,同時考慮到一次性開支及交付較預期弱,今年至2024年每股盈利預測調低3.9%至110.8%。
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