《大行》海通国际降零跑(09863.HK)目标价至61.44元 评级“优于大市”

阿斯达克财经
Mar 19

海通国际发表研究报告指,零跑汽车(09863.HK) 去年第四季收入达210.3亿元人民币,按年升56.2%,单季首次突破200亿元人民币;毛利率提升至15%,按年及按季分别提升1.7和0.5个百分点,延续改善趋势;净利润达3.6亿元人民币,创历史新高,已连续三个季度实现盈利,反映规模效应与成本优化持续释放。全年来看,公司2025年收入达647.3亿元人民币,按年增长101.3%,交付量达...

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