德银:升吉利汽车(00175)目标价至25港元 料银河A7月均销量逾万辆
智通财经网·2025-08-13 08:55

Core Viewpoint - Deutsche Bank has released a report indicating that Geely Automobile's (00175) plug-in hybrid vehicle, the Galaxy A7, has been officially launched at a price range of 82,000 to 118,000 RMB, which is over 10% lower than the pre-sale price [1] Financial Projections - Based on an upward revision of "other income" expectations, Deutsche Bank has increased its net profit forecast for 2025 by 6.7% and for 2026 by 1%, due to a 2% increase in sales forecasts [1] - The target price for Geely has been raised from 23 HKD to 25 HKD, maintaining a "Buy" rating [1] Competitive Analysis - The report highlights that the Galaxy A7 has superior body length and wheelbase compared to competing models such as BYD's Qin L DM-i and Seal 06 DM-i, and offers a more advanced intelligent cockpit system (Flyme Auto) [1] - Deutsche Bank anticipates that the average monthly sales of the Galaxy A7 could reach 10,000 units, while the competing models have average monthly sales of approximately 11,900 to 12,000 units [1] Product Launch and Sales Expectations - Geely's Galaxy series is set to launch five new models within the year, with expectations that total sales for the Galaxy series will increase by 148% year-on-year to 1.23 million units in 2025 [1]