According to the Tianfeng Securities Research Report, Alter (300825.SZ) recently announced that it will join hands with Zhipu Huazhang, a leading domestic model company, to build a large-scale model in the vertical field of automobiles based on its strong automobile R&D database to further improve the company's closed loop of AI to empower automobile development. The bank is firmly optimistic that the company is deeply involved in the automotive field. It has left-handed computing power and right-handed models, and has always served OEMs in their “new industrialization.” The company's revenue for 2023-2025 is estimated to be 1,678, 24.53, and 3.461 billion yuan respectively, and net profit to parent is 1.75, 3.54 million yuan, and 597 million yuan respectively. The current price corresponds to 25/15x in 24/25. The net profit CAGR for the 22-25 year of employee shareholding assessment is as high as 70%, maintaining the “buy” rating.
研报掘金丨天风证券：坚定看好阿尔特深耕汽车领域，维持“买入”评级
Research Report Nuggets 丨 Tianfeng Securities: Firmly optimistic that Alter is deeply involved in the automotive sector and maintains a “buy” rating
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.