Orient Securities: Maintains "Buy" Rating on Geely Automobile (00175.HK); AI Smart Charging Builds a Energy Replenishment System

Zhito Finance APP has learned that Orient Securities has issued a research report predicting that Geely Automobile's (00175.HK) net profit attributable to parent for 2026-2028 will be RMB 20.476 billion, RMB 25.942 billion, and RMB 30.809 billion, respectively. It maintains the average PE valuation of comparable companies for 2026 at 11 times, with a target price of RMB 20.79 and HKD 24.23 (HKD 1 = RMB 0.8580), maintaining a "Buy" rating. The bank believes that the company's sales in September grew year-on-year and month-on-month, and Geely is accelerating the construction of its energy replenishment system, strengthening model competitiveness and brand moat. The overseas launch of Zeekr 9X is a key step, and high-end overseas expansion is expected to open up space for the company's profit growth.