智通财经网·2025-08-18 02:29Core Viewpoint - Geely Automobile's net profit performance in the first half of this year is robust and meets expectations, with positive outlooks for future growth driven by new models and market acceptance [1] Financial Performance - Geely's net profit for the first half of the year is stable and aligns with forecasts [1] - The target price has been raised by 22% to HKD 26.4, maintaining an "outperform" rating [1] Future Projections - Earnings estimates for 2025-2026 have been increased by 28% and 4% respectively, reflecting confidence in new model production and market acceptance [1] - The company is expected to see significant benefits from its new product lines, particularly in hybrid and export markets, starting in 2025 [1] Market Dynamics - Short-term profit margin pressures for Geely are gradually easing, supported by government policies that are boosting the automotive market, especially for products priced between RMB 100,000 to 150,000 [1] - Anticipated sales increases in 2025 will allow the company to share more platforms and powertrains across its brands, leading to cost savings in production [1]