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研報掘金丨華泰證券:維持零跑汽車“買入”評級 今年50萬輛的銷量目標有望達成
格隆匯 01-15 13:21
華泰證券發表報吿指出,零跑汽車日前發盈喜,盈利超預期,預期去年營收不低於305億元,且毛利率不低於8%。公司去年第四季單季度提前實現淨利潤轉正,主要是規模效應、銷量結構改善及成本管理持續改善。展望後續,隨着今年零跑汽車全球新車週期開啟、集成度更高的LEAP3.5平台量產以及渠道端持續拓展,該行預計公司營收將保持高速增長並上調歸母淨利潤預測。該行維持對零跑汽車的“買入”評級,目標價40.96港元,估計強勢新車週期疊加渠道端提前佈局和下沉,公司今年50萬輛的銷量目標有望達成。
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