Everbright's Research Reports point out that Great Wall Motor (601633.SH) concludes the year with remarkable performance. The 2024 earnings forecast indicates that the net income attributable to the parent company is expected to increase by 76.6%-85.1% year-on-year to 12.4-13 billion yuan. It is estimated that the company's 4Q24 profit per vehicle, excluding non-recurring items, will increase by 24.9% year-on-year and decrease by 62.2% quarter-on-quarter to 0.004 million (based on the midpoint of the earnings forecast). The quarter-over-quarter profit decline may be due to a one-time year-end bonus accrual during the period. If this impact is excluded, the profit per vehicle, excluding non-recurring items, is expected to show stable growth. The company is expected to maintain steady growth in overseas markets in 2025E, with the Russian market remaining stable and regions like Central and South America, the Middle East, and Africa contributing incremental growth. Considering the company's ongoing high-end strategy and the layout of its overseas business has gradually opened up profit upside space, a "Shareholding" rating for A/H shares is maintained.
Clear
All
Quotes
News
Learn
Help
All
HK
US
CN
SG
AU
JP
All
News
Announcements
Reports
No matches yet
Operations too frequent. Please try again later.
Please check network settings and try again Refresh
Refresh
Loading
History record
Latest News
-
The USA has launched a National Security investigation against DeepSeek! Alibaba suddenly releases a major move, and the domestic large model has another heavy impact.
China not only has DeepSeek. On New Year's Eve, Alibaba released a major new model. Is it time to reevaluate China's AI Assets overall?
Charlie Munger: Think simply about everything and do it seriously.
Quotes
More
News
More
Learn
More
Help
More
Loading
News
More
Announcements
More
Reports
More
光大证券:长城汽车全年业绩亮丽收官,维持A/H股“增持”评级
Everbright: Great Wall Motor ends the year with impressive performance and maintains a "Shareholding" rating for A/H shares.
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.
Like
Views 384
Write a comment
Statement
This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.
Comment(0)
Reason For Report