研報掘金丨海通證券:予江淮汽車“優於大市”評級,合理價格43.26-49.44元
海通證券研報指出,江淮汽車(600418.SH)前三季度實現歸母淨利潤6.3億元,同比大幅增長約2.4倍。主要得益於:一是公司持續優化產品結構和債務結構,積極開拓海內外市場,實現匯兑收益增加和財務費用減少;二是公司持續致力於優化資產結構,提高資源配置效率,報吿期內資產處置收益大幅增加。公司積極擁抱智能化技術,不僅可強化優勢業務,更能通過開放合作,獲得新的發展機遇,進而帶動公司經營狀況持續改善。考慮到公司仍處於發展初期,擁有更高的發展空間,給予2024年7.0-8.0倍PB,對應合理價格區間43.26-49.44元,給予“優於大市”評級。
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