YADEA(HK:01585) 智通财经网·2025-08-28 02:26Core Viewpoint - Yadea Holdings (01585) has seen a stock price increase of over 6%, reaching HKD 13.68, following the release of its interim results which showed significant revenue and profit growth [1] Financial Performance - The company reported revenue of RMB 19.186 billion, a year-on-year increase of 33.11% [1] - Profit attributable to shareholders was RMB 1.649 billion, reflecting a year-on-year increase of 59.5% [1] - Sales volume increased by 38% during the period, benefiting from the old-for-new subsidy policy and channel restocking demand [1] - Gross margin improved to 19.6%, up 1.6 percentage points year-on-year [1] - Net profit grew by 60% year-on-year, aligning with previous performance forecasts [1] Market Outlook - The new national standard will be implemented on September 1, marking the beginning of a new industry cycle, with Yadea expected to benefit as an industry leader due to its technology, channels, and product strength [1] - Yadea is leading its peers in overseas expansion, with expectations that its overseas sales volume could break through by 2027 [1] - Following the implementation of the new national standard and an increase in the proportion of high-end products, revenue and net profit forecasts for 2025-2027 have been raised [1] - The target price for the stock has been adjusted from HKD 19.84 to HKD 22.63, reflecting a positive outlook on domestic sales and overseas sales prospects [1]