《大行報告》中金:理想-W(02015.HK)規模效應持續向好 上調今年盈測
中金髮表報告指,理想-W(02015.HK)第三季收入346.8億元人民幣,按季升21%,非公認會計準則淨利潤34.7億元人民幣,按季升27.1%,毛利率表現穩健、費用控制良好,盈利超出市場預期。
公司計劃第四季交付量12.5萬至12.8萬輛,中金認爲指引穩健,長期來看,產品佈局清晰;預期2024至2025年,增程車型仍是銷量增長的核心動力,能見度高而且確定性強。
該行維持理想汽車H股「跑贏行業」評級,考慮到公司規模效應持續向好,將今年扣非盈利預測上調4.7%至95億元人民幣,H股目標價230元。
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