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.
《大行報告》瑞銀:比亞迪(01211.HK)產品組合升級兼現金流更強 目標價上調至360元
瑞銀發表研究報告指,比亞迪(01211.HK)第三季淨利潤為104億元人民幣,符合公司早前預期的介乎95億至115億元人民幣之間。首九個月淨利潤累計為214億元人民幣,達到今年市場預期全年280億元人民幣的77%。儘管中國電動車領域的競爭日益激烈,集團的毛利率仍達到22.1%,較上季升3.4個百分點,按年增3.2個百分點,而淨利潤率則擴大至6.4%,創過去八年新高。 該行預計,具有競爭力的產品供應和有利的季節性因素將支持集團在第四季的強勁勢頭,當中,第三季推出的高端車型可能會帶來更高的銷售貢獻。隨著出口管道和海外市場擴大,出口量擴張可能是另一個值得留意的關鍵盈利驅動因素。集團仍然是該行最看好的電動車品牌,由於產品組合升級兼現金流更強,因此該行上調公司2023至25年的淨利潤預測13至29%,目標價相應由345元上調至360元,維持評級「買入」。
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