大行評級|大摩:吉利汽車首季盈喜符合預期 予其“增持”評級
吉利汽車發盈喜,預期今年3月底止三個月,會計政策變更後溢利介乎52億至58億元,按年增長220%至270%。摩根士丹利發表研報指,較大的外匯收益主要歸因於首季度俄羅斯盧布兑人民幣升值約36%。剔除這一一次性外匯影響後,首季度淨利潤介乎32億至35億元,按年增長105%至124%,意味每單位淨利潤為4,500至5,000元,基本符合市場對首季度業績的預期。大摩預計,吉利股價表現可能在很大程度上取決於銀河系列的銷售勢頭,該系列在首季度的累計銷量達到約26萬輛。另外,吉利近期推出銀河星耀8 EM插電式油電混合車,該行預計這將為次季度企業銷售及盈利提供顯著推動力。大摩將吉利目標價定於21港元,給予“增持”評級。
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