华龙研报指出,长城汽车24年实现归母净利润126.92亿元,同比+80.76%;高端化+全球化推动销量结构改善,单车收入同比+16.49%。公司2024年经营活动现金流量净额同比+56.49%至277.83 亿元,主要系海外销量增长收现增加,以及受国内销售收款周期影响票据到期托收增加。公司盈利能力优秀,2025年进入产品大年,在智能化升级赋能下有望推动销量显著增长。考虑到乘用车市场竞争激烈,...
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