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Research Report Nuggets | CICC: Maintaining Geely Automobile's "Outperform Industry" Rating This year's profit end is expected to release profit elasticity

格隆汇2025-01-03

Gelonghui January 3rd | CICC issued a report indicating that Geely Automobile's new energy and export sales grew strongly, and last year it exceeded its sales target. According to the company announcement, the sales target for this year is 2.71 million units, a 25% year-on-year increase. Among them, the sales targets of Geely brand/Lynk & Co brand/Ji Krypton brand are 2 million/390,000/320,000 respectively, representing a year-on-year increase of 20%/37%/45% respectively. The new energy sales target is 1.5 million, an increase of 69% year-on-year. The bank estimates that Galaxy will sell about 900 to 1 million vehicles, and the annual growth rate is expected to double. The bank pointed out that with the gradual release of the scale effect of new energy vehicles, GEA...

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