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大行評級|高盛:重申比亞迪“買入”評級 指其為最具韌性的汽車製造商之一

高盛發表研報指,比亞迪2025財年第一季業績符合預期,淨利潤接近業績預吿範圍中位數。展望未來,該行認為在宏觀不確定性及持續競爭中,比亞迪是最具韌性的汽車製造商之一。高盛提及,憑藉強大的新車型產品線、行業領先地位、快速應對市場變化的能力,相信比亞迪能應對不確定的宏觀經濟和競爭環境,維持全年銷量預測550萬輛不變;隨着銷量按季增長超20%,預計營運槓桿持續改善,第二季度營運利潤率按季提高1個百分點至4.3%。高盛亦重申比亞迪“買入”評級,H股目標價為428港元。

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