中银国际发表研报指,吉利汽车次季收入按季增长7.3%,核心净利润32亿元,大致符合预期。该行看好吉利有望继续缩小与当前电动车龙头的差距,基于其国内市占率持续扩大、海外扩张即将开展,以及智能电动车技术的领导地位。 该行维持2025年净利润预测150亿元不变,同时将2026年净收入预测上调13%至200亿元,以反映银河系列和海外销量预测上调,以及“一个吉利”战略深化和规模扩张带来的利润率前景改善。该行指目前吉利估值明显折让,尚未充分反映其有望在可见未来挑战比亚迪主导地位的潜力,重申“买入”评级,目标价由29港元上调至32港元。
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