汇丰研究发表报告指，吉利汽车(00175.HK) 次季净利润达36亿元人民币，好过该行预期，主因产品组合优化推动毛利率提升。该行预期集团盈利将按季有强劲改善，加上市占率持续扩张，将进一步推高下半年股价。
该行指，集团的整体市占率由去年的7.7%，升至今年次季的11.2%，当中电动车市占率由7.9%扩张至12.6%，加上行业反内卷下，吉利具备优势。结合产品组合升级与规模经济效益，该行料未来季度集团盈利可望持续增长。而吉利亦是唯一一间上调年度销售目标的车企，其作为第二大电动车制造商，增长动能将持续领先同行。
该行维持予其“买入”评级，以目标市盈率18倍计，目标价由26元升至30元，基于2025年每股盈测由原先1.35元人民币上调至1.5元人民币；另外，基于新电动车周期带动国内销量增长，将2025及26年盈利预测分别上调11%与4%。(ss/da)(港股报价延迟最少十五分钟。沽空资料截至 2025-08-18 16:25。)
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