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研報掘金丨中信建投:維持賽力斯“買入”評級,看好後續季度盈利能力持續增強
中信建投證券研報指出,賽力斯發佈25H1業績預告,其中Q2歸母淨利:19.5-24.5億元,同比+36.75%,中值爲22億元,同比+56.7%;Q2賽力斯汽車銷量10.7萬輛,若只考慮賽力斯汽車,按中值計算單車歸母淨利潤約2.06萬元,環比Q1提升約4千元,按上限計算約2.3萬元,環比Q1提升約6千元。Q3將是M8交付的首個完整季度,預計銷售結構將持續改善,同時M7改款預計Q3上市,外觀更優+空間更大,創利車型數量繼續提升,看好後續季度盈利能力持續增強。維持“買入”評級。
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