CICC: Geely Auto's new car models boost profitability, maintains "outperform industry" rating.

According to the Wisdom Financial APP, Zhongjin released a research report stating that due to the strong new car cycle of Geely Auto (00175.HK) and the profit-boosting ability of new cars such as Galaxy M9 and Lynk 900, the net profit of Geely for the next two years has been respectively raised by 4.5% and 11.9% to 16.9 billion and 19.7 billion yuan; maintaining the "outperform industry" rating and a target price of 26 Hong Kong dollars, corresponding to a PE ratio of 14.2 times in 2025 and 12.1 times in 2026, with an upward potential of 51.2% compared to the current stock price.