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大行評級|花旗:上調濰柴動力目標價至18.4港元 維持“中性”評級
格隆匯 04-01 10:18
花旗表示,濰柴動力2024年第四季度淨利潤爲30億元,按年升19.5%,符合市場預期;淨利潤率表現強勁,按季提升0.6個百分點,達到5.6%。2024財年淨利潤爲114億元,增長27%;淨利潤率爲5.3%,提升1.1個百分點,主要得益於2024財年毛利率達22.1%,按年提升2.1個百分點,以及23.7億元的非經營性收入。集團實現穩健的自由現金流185億元,經營現金流爲261億元,淨現金爲620億元。公司預計2025年收入爲2265億至2373億元,按年增長5%至10%,略高於市場預期。在納入新預測後,該行上調估值並將目標價從12.6港元上調至18.4港元,維持“中性”評級。
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