You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
大和:降比亞迪(1211.HK)評級至“持有” 目標價下調至41港元
格隆匯 10-30 10:50

大和發表報告指,比亞迪(01211.HK)今年第三季純利按年下跌89%至1.2億元人民幣,與集團早前指引的1億至2億元人民幣相符。然而,集團指引今年全年純利為15.8億至17.7億元人民幣,按年下跌36%至43%,較該行預期為低。

該行相信,集團第三季純利下降89%主因今年7月開始的補貼削減,導致上半年的前期銷售較預期強勁,加上第三季的新能源車銷售亦錄得31%的按年下跌。

大和下調對比亞迪的股份評級,由“買入”降至“持有”,目標價亦由57港元下調至41港元。該行又下調集團今年至2021年的每股盈利預測35%至43%,以反映今年第四季的指引低於預期。大和預計,比亞迪的新能源車銷售前景在近期仍面對挑戰,不過由於低基數及今年上半年前期銷售的影響遞減,該業務在明年下半年的銷售復甦應會更佳。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account