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<Research>HSBC Research Raises GEELY AUTO's TP to HKD32, Expects Sales & Profit Margin Expansion This Yr
Recommend 14 Positive 22 Negative 6 |
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According to a report from HSBC Global Research, GEELY AUTO (00175.HK) achieved a net profit of RMB3.7 billion in 4Q25, slightly higher than the broker's expectations. This achievement was supported by revenue growth as a result of a 6% QoQ increase in the average selling price to RMB124,000 (compared to RMB117,000 in 3Q25). A more diversified product mix also improved GEELY AUTO's average selling price. The combined sales contribution of Lynk & Co and Zeekr increased from 18% in 3Q25 to 22% in 4Q25. Looking ahead, HSBC Global Research expects that the launch of new models in China, export growth, and cost synergies from the restructuring of Zeekr and Lynk & Co will support sales and profit margin expansion in 2026. GEELY AUTO's target price has risen from HKD30 to HKD32, with a Buy rating remaining in place. Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. |
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