研报掘金丨长江证券:比亚迪盈利能力向上趋势明确,维持“买入”评级

格隆汇
Nov 10

长江证券研报指出,2025年Q3实现归母净利润78.2亿元,同比-32.6%,环比+23.1%,毛利率和单车盈利提升,盈利能力向上趋势明确。技术与规模构建超越行业竞争力,智能化、出海与高端发力迈向新巅峰。智能化大战略下,智驾转型坚定。超级e平台发布,纯电技术迎来重大革新,持续巩固电动化技术优势。腾势、仰望与方程豹车型储备丰富,加速布局高端市场。出海持续发力,海外渠道与车型矩阵将进一步完善。下半年...

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