华域汽车：上汽华为合作有望打开华域成长空间

海通证券股份有...2025-03-18

上汽华为合作有望打开华域成长空间。根据上汽集团公众号，2025 年2 月21 日，上汽集团股份有限公司与华为终端有限公司在上海签署深度合作协议。双方将在产品定义、生产制造、供应链管理、销售服务等领域展开战略合作，打造全新新能源智能汽车。华域汽车与上汽集团合作基础深厚。根据公司2024 年中报财务分析报告，上汽大众、上汽通用、上汽乘用车业务分别占华域汽车营收的20%、7%和4%。同时，华域汽车也与...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2520639541?lang=en_US&edition=fundamental","thumbnail":"","is_english":false,"pubTime":"2025-03-18 08:21","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2520639541","market":"sh","top_or_hot":-1,"title":"华域汽车：上汽华为合作有望打开华域成长空间","media":"海通证券股份有...","content":"<div>\n<p>上汽华为合作有望打开华域成长空间。根据上汽集团公众号，2025 年2 月21 日，上汽集团股份有限公司与华为终端有限公司在上海签署深度合作协议。双方将在产品定义、生产制造、供应链管理、销售服务等领域展开战略合作，打造全新新能源智能汽车。华域汽车与上汽集团合作基础深厚。根据公司2024 年中报财务分析报告，上汽大众、上汽通用、上汽乘用车业务分别占华域汽车营收的20%、7%和4%。同时，华域汽车也与...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025031808211894b7e3dc&s=b\">Source Link</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>华域汽车：上汽华为合作有望打开华域成长空间</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n华域汽车：上汽华为合作有望打开华域成长空间\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-18 08:21 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025031808211894b7e3dc&s=b><strong>海通证券股份有...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>上汽华为合作有望打开华域成长空间。根据上汽集团公众号，2025 年2 月21 日，上汽集团股份有限公司与华为终端有限公司在上海签署深度合作协议。双方将在产品定义、生产制造、供应链管理、销售服务等领域展开战略合作，打造全新新能源智能汽车。华域汽车与上汽集团合作基础深厚。根据公司2024 年中报财务分析报告，上汽大众、上汽通用、上汽乘用车业务分别占华域汽车营收的20%、7%和4%。同时，华域汽车也与...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025031808211894b7e3dc&s=b\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"600741","symbol_name":"华域汽车","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025031808211894b7e3dc&s=b","article_id":"2520639541","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025031808211894b7e3dc&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2520639541","pubTimestamp":1742257276,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"根据上汽集团公众号，2025 年2 月21 日，上汽集团股份有限公司与华为终端有限公司在上海签署深度合作协议。根据公司2024 年中报财务分析报告，上汽大众、上汽通用、上汽乘用车业务分别占华域汽车营收的20%、7%和4%。同时，华域汽车也与华为合作车企形成了密切关系。行业竞争激烈，华域汽车积极应对。我们认为，华域汽车的基本面有望随上汽集团复苏；同时，上汽华为以及赛力斯等业外公司的增长有望给华域汽车带来新的动能。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"600104":"上汽集团","600741":"华域汽车","BK0196":"行业龙头","BK0015":"沪股通50","BK0264":"汽车制造","BK0187":"一线龙头","BK0184":"上海国资改革","BK0020":"浦东新区","BK0028":"国家队","BK0175":"白马股","BK0017":"燃料电池","BK0014":"新能源汽车","BK0183":"MSCI概念","BK0188":"融资融券","BK0012":"证金概念"},"translate_title":"Huayu Automobile: SAIC-Huawei cooperation is expected to open up Huayu's growth space","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600104":0.9,"600741":1},"content_text":"上汽华为合作有望打开华域成长空间。根据上汽集团公众号，2025 年2 月21 日，上汽集团股份有限公司与华为终端有限公司在上海签署深度合作协议。双方将在产品定义、生产制造、供应链管理、销售服务等领域展开战略合作，打造全新新能源智能汽车。华域汽车与上汽集团合作基础深厚。根据公司2024 年中报财务分析报告，上汽大众、上汽通用、上汽乘用车业务分别占华域汽车营收的20%、7%和4%。同时，华域汽车也与华为合作车企形成了密切关系。根据公司2024 年中报财务分析报告，赛力斯、奇瑞占华域营收的比例已经达5%和2%。上汽集团的销量已经开始复苏。根据上汽集团公告，2025 年1-2 月，上汽集团累计销量达到55.9 万辆，同比增速23%。其中新能源乘用车、海外销量同比增速17%、13%。行业竞争激烈，华域汽车积极应对。根据华域汽车《2024 年7-12 月投资者主要关心问题汇总》，公司坚持以市场需求为导向，积极应对汽车市场竞争加剧、客户需求波动加大、降价压力持续传导等挑战，顺应新能源渗透率和自主品牌市占率持续上升的市场趋势，在稳固现有基盘业务基础上，加强对自主品牌、新能源品牌、豪华品牌等增量市场的开拓力度，全力争取细分市场头部客户的关键项目和规模项目，夯实公司业务增长基础，推动公司健康、可持续发展。我们认为，华域汽车的基本面有望随上汽集团复苏；同时，上汽华为以及赛力斯等业外公司的增长有望给华域汽车带来新的动能。我们预计公司2024/25/26 年营收达到1720/1781/1844 亿元，归母净利润62.6/69.8/77.6 亿元，对应EPS 为1.99/2.21/2.46 元。2025 年3 月17 日收盘股价对应PE 约为9.0/8.0/7.2 倍。我们认为公司经营稳定向好，客户结构持续改善，给予公司2024 年合理PE 范围为9-10 倍，对应合理价值区间为17.87-19.86 元。维持“优于大市”评级。风险提示：经济增长不及预期，原材料价格大幅上涨。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2520639541","isCrawlerRequest":true}