TC

22/05/2017 11:26

[I-bank focus]Geely Auto sees improved margin in 2017 - CS

    Credit Suisse said the management of Geely Automobile (00175) guided for an improved margin in 2017, thanks to new products' reduced marketing expenses; rising capacity utilisation rate at new plants, i.e., Chunxiao, Baoji, Jinzhong, Linhai, reduced component sourcing cost since 2017 which did not happen in 2016 when auto demand was very strong.
  For Lynk & Co brand operation, management expects 15K / 150K unit sales in 2017 / 2018. Lynk & Co brand's dealer number will increase from 100 at end-2017 to 300-400 in the medium term. The brand's gross margin should increase over time, from a relatively low level in the beginning to 24% in four to five years.
  The research house maintained its target price of HK$11.4 and a rating of "neutral" for Geely Auto.  

人氣文章
財經新聞
評論
專題
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

【嚴正聲明】《經濟通》呼籲公眾提高警覺留意偽冒《經濟通》投資群組

如何分辨問米是否真實?通靈問事用什麼工具都可以?靈靈法即場示範通靈!

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

貨幣攻略

大國博弈

說說心理話

Watche Trends 2024

北上食買玩

Art Month 2024

理財秘笈

夏天養生食療

消委會報告

山今養生智慧

輕鬆護老