You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》匯豐研究下調吉利(00175.HK)目標價至15.7元 評級「買入」
阿思達克 04-18 12:05
匯豐研究發表報告指出,吉利(00175.HK)股價過去兩個月已回調14%,相信已反映首季需求疲弱及定價競爭或損害公司收益的問題。隨著公司去庫存和更多新車型可能在第二季推出,該行預期行業定價將趨於穩定,而原先等待更優惠價格的消費者將開始購買活動。 該行認為,吉利的新電動車型周期將於第二季開始,屆時將推出包括Zeekr X、Galaxy PHEV L7/L6等多款車型,並擴大分銷渠道。該行料吉利持續的新品發布及4月上海車展將推動其第二季及下半年的銷量回升,並推動股價上升。 此外,匯豐研究指雖然吉利去年純利較預期高5%,但主要是由於一次性投資收益,而毛利率因電動車而攤薄,低過該行預期。因此,該行將公司今明兩年的純利預測下調5%至7%,估計不斷增加的電動車組合將於早期階段對公司毛利率構成壓力。對公司目標價由16.7元下調至15.7元,維持「買入」評級。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account