吉利汽车-R 吉利汽车 分时图 日K线 周K线 月K线 17.40 1.21 7.47% 7.47% 5.00% 2.47% 0.00% 2.47% 5.00% 7.47% 14.98 15.38 15.79 16.19 16.59 17.00 17.40 09:30 10:30 12:00/13:00 14:00 16:10 0 6667 1万 2万 麦格理研究报告指出，吉利汽车(00175)2025年第四季度业绩稳固，销售额、净利润分别较市场隐含预 期高出5%、10%，主要受豪华车型组合改善推动。2026全年销量指引维持在345万辆，同比增长14%。 管理层重申其2026全年海外销量指引为64万辆，并指出内部挑战目标是接近75万辆。该行将吉利目标价 上调4.3%，从23港元升至24港元，相当于预测2026年市盈率12倍;维持跑赢大市评级。 在大中华区，麦格理认为吉利在中国汽车股中仍提供最佳的风险回报比，并维持其为该行的行业首选 股。整体而言，麦格理对吉利今年全年调整后净利润预测上调6%至193亿元人民币。 ...

日前，极氪品牌在上海举办技术发布会，正式开启全新车型极氪8X的预售。预售开启仅38分钟，订单量即突破1万台，不到48小时订单超过3万，市场反响 热烈。交银国际认为，吉利已经进入更清晰的向上阶段：销量增长快，新能源盈利能力改善，高端化开始带动毛利率提升，而整合协同对费用和效率的帮助 会更多体现在2026年。领克和极氪整合、中后台统一、采购和制造协同，短期还没有完全反映在财报里，后续仍有释放空间。 吉利汽车(0175.HK)大幅上涨超7%，报19.62港元刷新阶段新低，近期持续拉升走出反转行情，总市值超2100亿港元。 消息上，吉利汽车日前公告2025年总收入 3452 亿元，同比增长 25%，创历史新高。扣除外汇汇兑等非核心归母净利润后，实现核心归母净利润144.1亿元， 同比增长36%，核心利润增速高于收入增速，实现高质量增长。展望2026年，吉利将迎来又一个产品大年。将推出多款新品，覆盖从主流到豪华、从燃油到 新能源的各个细分市场，向345万辆全年销量目标稳步迈进。 ...

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 机构评级详情见下表： 吉利汽车港股市值1957.68亿港元，在汽车整车行业中排名第2。主要指标见下表： 交银国际发布研报称，维持吉利汽车(00175.HK)"买入"的投资评级，目标价24.21港元。2026及2027年每 股盈利预测上调8.8%及16.4%，基于更强的销售、毛利和整合预期， 投行对该股的评级以买入为主，近90天内共有17家投行给出买入评级，近90天的目标均价为27.16港 元。中金公司最新一份研报给予吉利汽车跑赢行业(OUTPERFORM)评级，目标价24.4港元。 ...

在大中华区，麦格理认为吉利在中国汽车股中仍提供最佳的风险回报比，并维持其为该行的行业首选 股。整体而言，麦格理对吉利今年全年调整后净利润预测上调6%至193亿元人民币。 智通财经APP获悉，麦格理研究报告指出，吉利汽车(00175)2025年第四季度业绩稳固，销售额、净利润 分别较市场隐含预期高出5%、10%，主要受豪华车型组合改善推动。2026全年销量指引维持在345万 辆，同比增长14%。管理层重申其2026全年海外销量指引为64万辆，并指出内部挑战目标是接近75万 辆。该行将吉利目标价上调4.3%，从23港元升至24港元，相当于预测2026年市盈率12倍; 维持跑赢大市 评级。 ...

智通财经APP发布研报称，交银国际发布研报称，维持吉利汽车(00175)"买入"的投资评级，目标价 24.21港元。2026及2027年每股盈利预测上调8.8%及16.4%，基于更强的销售、毛利和整合预期， 该行指，吉利去年再创新高，第四财季盈利质量继续改善，而2026年重点看新车、出海和整合。该行认 为，吉利已经进入更清晰的向上阶段：销售增长快，新能源盈利能力改善，高端化开始带动毛利率提 升，而整合协同对费用和效率的帮助会更多体现在2026年。领克和极氪整合、中后台统一、采购和制造 协同，短期还没有完全反映在财报里，后续仍有释放空间。 ...

Core Insights - Geely has set ambitious goals to become a global leader in smart vehicles by 2030, aiming to rank among the top five global automakers in terms of sales [1] - The company reported record sales, revenue, and profitability in 2025, demonstrating strong market competitiveness and a commitment to technological advancement [2][3] Group 1: Financial Performance - In 2025, Geely's sales exceeded 3 million units, marking a 39% year-on-year increase, surpassing its annual sales target [2] - Total revenue reached 345.2 billion RMB, a 25% increase year-on-year, achieving a historical high [2] - Core net profit attributable to shareholders was 14.41 billion RMB, up 36% year-on-year, indicating high-quality growth [2] Group 2: Strategic Partnerships and Technological Advancements - Geely announced a strategic partnership with NVIDIA to collaborate on physical AI, enterprise AI, and industrial AI, aiming to create a comprehensive ecosystem for smart vehicles [3] - The partnership will lead to the launch of the world's first super intelligent vehicle, integrating smart cockpit, assisted driving, and digital ecosystems, set to debut in the Zeekr 8X model [3][4] Group 3: Brand Integration and Market Positioning - Geely has successfully integrated its three brands—Geely, Lynk & Co, and Zeekr—eliminating resource duplication and enhancing operational efficiency across the value chain [6] - The Galaxy brand saw a 150% increase in sales, reaching 1.236 million units, solidifying its position as the second-best-selling new energy brand in China [6] - Geely is expanding its global footprint by accelerating electric vehicle exports and deepening strategic partnerships, such as its investment in Renault Brazil [6] Group 4: AI and Future Outlook - Geely has established a comprehensive AI system that integrates artificial intelligence throughout the vehicle lifecycle, moving beyond traditional applications in cockpit and autonomous driving [7] - The company has set a new sales target of 3.45 million units for 2026, focusing on AI technology, energy diversification, luxury experience upgrades, and international expansion [7]

3月20日，港股市场震荡上行，汽车板块强劲冲高！截至9:32，港股通汽车ETF汇添富（159210）涨2.6%，或将终结三连阴！资金连续3日逆势涌入，港股 通汽车ETF汇添富（159210）合计吸金超1100万元！ 港股通汽车ETF汇添富（159210）标的指数成分股多数冲高，地平线机器人涨超6%，吉利汽车涨超5%，宁德时代等涨超3%，理想汽车涨超1%，比亚迪股 份、长城汽车等跟涨。 【港股通汽车ETF汇添富（159210）标的指数前十大成分股】 零部件是中国"高端制造"的典型代表，具备"规模效应-成本优势-技术优势"。因而，在科技带动下机器人、低空经济等新应用成为此类企业必攻之地；其 次，优秀的企业正在通过全球化路径来实现一次成长。 "机器人""低空经济"成为确定性的产业新方向，特斯拉、智元、宇树等公司为主展开的产业链成为行业焦点。行业真正兑现时点临近，2026年有望成为科 技成长"预期到落地"的黄金时间点。汽车零部件企业横向拓展能力强。液冷、低空行业与汽车行业底层技术高度共通。核心支撑是领先的高端制造能力， 有望实现客户资源共产、成本协同优化与核心技术复用。 | 序号 | 代码 | 名称 | 申万一级行业 ...

消息面上，日前，极氪品牌在上海举办技术发布会，正式开启全新车型极氪8X的预售。预售开启仅38 分钟，订单量即突破1万台，不到48小时订单超过3万，市场反响热烈。 交银国际认为，吉利已经进入更清晰的向上阶段：销量增长快，新能源盈利能力改善，高端化开始带动 毛利率提升，而整合协同对费用和效率的帮助会更多体现在2026年。领克和极氪整合、中后台统一、采 购和制造协同，短期还没有完全反映在财报里，后续仍有释放空间。 智通财经APP获悉，吉利汽车(00175)再涨超5%，月内累涨近20%。截至发稿，涨5.07%，报19.27港元， 成交额6.52亿港元。 ...

大家好，我是吉利销售，今天聊聊第五代帝豪。这车上市有一段时间了，我最大的感受是时代变了——以前客户买国产车是因为便宜，现在买合资车才是图 便宜。 销量如何?最多的是什么配置和颜色？ 先说销量，我们当地有两家吉利4S店，每天进店客户20批左右，2个里面就有1个是冲着帝豪来的，热度没得说。 上个月全店上下一共卖出去138台车，其中帝豪有51台，我个人交了7台帝豪，说实话提成不高，每台也就200~300块钱，纯靠走量。车行就是这规矩，好 卖的车不挣钱，挣钱的车不好卖。 目前仓库还有31台帝豪现车，1.5T尊贵版一个型号就占了80%。颜色方面，黑色、白色两种颜色各占30~40%，合起来超过8成。 谁在看这个车？买车用户都是什么样的？ 看帝豪的客户男女比例大概6:4，年龄跨度挺大，主力客群集中在20~50岁之间。最小的我见过07年的小姑娘，才19岁，最大的有62年的大爷。 帝豪客户还有个明显特点：女性客户一般年龄偏小，家里给钱。有些是准备结婚了男方给女方买台车，有些是女孩子刚毕业，家里给女儿买台新车，图的是 一个女孩子开心。 男的一般年龄更大，都是准备结婚或者已经结婚有小孩了，讲好听的就是对价格更敏感，或者直白点，来买 ...

Core Viewpoint - The company reported a strong performance for 2025, with a revenue increase of 25.1% year-on-year, reaching 345.23 billion yuan, while the net profit remained stable at 16.85 billion yuan, indicating resilience in its core operations [1][2]. Revenue Summary - In Q4 2025, the company achieved a revenue of 105.76 billion yuan, reflecting a quarter-on-quarter increase of 22.1% and a year-on-year increase of 18.6% [1]. - The total vehicle sales for Q4 2025 reached 854,000 units, with a quarter-on-quarter increase of 9.3% [1]. - By brand, sales in Q4 2025 were as follows: Geely brand at 304,000 units, Galaxy brand at 361,000 units, Zeekr brand at 81,000 units, and Lynk & Co brand at 109,000 units [1]. - The average selling price (ASP) for vehicles in Q4 2025 was approximately 124,000 yuan, showing a steady increase [1]. Profit Summary - The core net profit for Q4 2025 was 3.79 billion yuan, with a quarter-on-quarter decrease of 3.2% and a year-on-year decrease of 4.3% [2]. - The gross profit margin for Q4 2025 was 16.9%, reflecting a quarter-on-quarter increase of 0.3 percentage points [2]. - The operating net profit margin was 3.6%, showing a quarter-on-quarter decrease of 0.9 percentage points [2]. - The period expense ratio for Q4 2025 was approximately 14.0%, with a quarter-on-quarter increase of 1.6 percentage points, primarily due to increased sales and R&D expenses related to the launch of the high-end Zeekr 9X model [2]. Growth Outlook - The company has set a sales target of 3.45 million units for 2026, representing a year-on-year increase of 14.0%, with export sales projected to reach 640,000 units, a significant increase of 52.7% [2]. - The Zeekr brand is expected to be a major growth driver, with a target of 300,000 units sold in 2026, reflecting a year-on-year increase of 35.1% [2]. - The company plans to launch multiple models under the Galaxy brand quarterly, while also exporting domestic models to boost overseas sales [2]. Investment Recommendation - The company is positioned as a leading platform-based automaker in China, with strong growth prospects driven by exports and high-end product offerings. The net profit forecasts for 2026 and 2027 have been raised to 20.36 billion yuan and 26.11 billion yuan, respectively [3]. - The projected net profit for 2028 is 31.78 billion yuan, with corresponding price-to-earnings ratios of 8.6X, 6.7X, and 5.5X for the respective years [3].