分析员
主要指数



重点要闻
公司更新 | 吉利汽车(175 HK/买入/港币14.97元/目标价:港币29元)
吉利可能无法达成2026年345万辆的销量目标。该公司目标在1至2年内,透过iHEV、极氪(Zeekr)及海外产能,将出口量由约100万辆倍增至200万辆。每辆车的纯利将受惠于高端车型及出口占销量比例的提升而有所增长。综合而言,基于单车利润较高但销量预测较低的假设,我们将2026年每股收益上调7%、维持2027年每股收益不变,并将2028年每股收益下调3%。维持「买入」评级;目标价:港币29元(相当于10倍2027年预测市盈率 )。
重点要闻
公司更新 | 吉利汽车(175 HK/买入/港币14.97元/目标价:港币29元)
吉利可能无法达成2026年345万辆的销量目标。该公司目标在1至2年内,透过iHEV、极氪(Zeekr)及海外产能,将出口量由约100万辆倍增至200万辆。每辆车的纯利将受惠于高端车型及出口占销量比例的提升而有所增长。综合而言,基于单车利润较高但销量预测较低的假设,我们将2026年每股收益上调7%、维持2027年每股收益不变,并将2028年每股收益下调3%。维持「买入」评级;目标价:港币29元(相当于10倍2027年预测市盈率 )。
IMPORTANT NOTICE - DISCLOSURES AND DISCLAIMERS
This report is provided subject to, and must be read together with, the full Disclosures / Disclaimers available at this link, which are incorporated by reference into this report. In particular, this report is intended for general circulation and informational purposes only and does not constitute personal investment advice or a recommendation to buy or sell any investment product or security. You should independently evaluate the information and, where necessary, seek advice from a qualified financial adviser regarding the suitability of any investment. Analyst certifications required under applicable regulations, including SEC Regulation AC (where relevant), are included in this report. By accessing, receiving or using this report, you acknowledge that you have read, understood and agreed to be bound by the Disclosures / Disclaimers, as may be amended, supplemented or updated from time to time.




