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理想汽車(02015.HK)跌4% 下調第二季交付量展望
阿思達克 06-30 09:36
理想汽車-W(02015.HK)今早低開近近2%後,早段跌3.9%報106.3元,成交量209萬股,涉資2.2億元。 公司上周五港股收市後更新2025年第二季交付量展望,預計交付約10.8萬輛汽車,意味下調幅度12.2%至15.6%。此前發佈的交付量展望為12.3萬至12.8萬輛。該調整體現公司為長遠發展而升級銷售體系所帶來的短暫影響。 摩根士丹利表示,理想汽車下調第二季交付指引至10.8萬輛,較原先預期的12.3萬12.8萬輛下降(按年跌1%,按月升16%),意味著6月交付量為3.32萬輛(按月跌19%,按年跌30%)。該行與許多投資者交流後發現,鑑於近期較慢的週交付率,他們預期指引會下調。因此,大摩認為指引下調已在過去三週在理想汽車股價表現不佳中大部分得到反映。但該行對理想下半年積極的看法保持不變:認為6月銷量疲軟並未動搖下半年營運復甦的論點,這將得到新車型週期啟動的支撐。在預期降低的情況下,理想汽車團隊的高品質執行、從去年Mega推出中吸取的教訓,以及可能更具競爭力的定價,可能為即將推出的i8帶來意外的正面驚喜。
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