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.
富瑞:重申比亞迪AH股買入評級,升公司A股目標價至320元
格隆匯 09-13 12:37

富瑞發表研究報吿表示,比亞迪(1211.HK)由於原材料成本上升,加上收入結構出現變化,令上半年利潤下降。隨着新冠疫情開始緩和,醫療用品銷售亦急劇下降,該行預計下半年比亞迪利潤率與上半年相比將維持穩定。該行仍看好比亞迪,認為公司作為綜合電動汽車供應商,在市場中仍具競爭優勢,基於公司於中期業績後的新指引,該行將公司目標價由320港元下調至318港元,但A股目標價則由295元人民幣上調至320元人民幣,重申A股及H股買入評級。

報吿指,比亞迪新能源汽車月銷量實現強勁增長,3月至8月期間,銷量由2.4萬輛增長至6.1萬輛,預計今年第四季銷量將進一步增長,主要由於DM-i系列及高端旗艦車型“漢”產能增加,推動銷量增長;海洋系列將推出“海鷗”、“海獅”和“海豹”後續三款新車型,料進一步推動比亞迪銷量。

比亞迪將新能源汽車2022年的銷售目標定為150萬輛,其中純電動汽車60萬輛,插電式混合動力汽車為90萬輛。為滿足快速增長的內部需求,該公司正積極擴大電池產能,目標是到2022年底達逾100Gwh。

此外,鑑於刀片電池在成本、能量密度和安全性方面的優勢,比亞迪預計將加速對外發展,公司已與一汽、豐田等合作,未來計劃為更多品牌供貨,公司計劃預留10%至20%產能對外銷售。

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