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研報掘金|招商證券:上調濰柴動力目標價至18.2港元 上調2024/25財年淨利預測
招商證券發表報吿指,濰柴動力去年全年淨利為90.1億元,按年增83.8%,略高於此前業績預吿中位數,相信是重卡產業回暖帶動業績表現亮眼,及凱傲集團的獲利能力大幅改善。該行又認為,集團引擎銷售結構優化,天然氣重卡龍頭享有需求成長,加上出口動能強勁。招商證券維持濰柴動力股份“增持”評級,目標價由15.6港元上調至18.2港元,同時調升集團2024/25財年淨利預測分別48.5%/39.4%,反映其受益重卡同期性復甦,毛利率優於預期,以及發動機業務持續擴張等正面影響。
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