高盛：降敏实集团(00425)评级至“中性” 估值将取决于全球汽车需求前景

Group 1 - Goldman Sachs reported that Minth Group's (00425) EBIT for the first half of the year met expectations [1] - The firm raised its net income forecast for Minth Group for 2025 to 2027 by 13% and increased the target price from HKD 27.6 to HKD 33.5 [1] - However, the rating was downgraded to "Neutral" due to concerns about the global automotive demand outlook [1] Group 2 - Goldman Sachs believes that the peak demand for automobiles in major markets will be reached, with growth expected to slow from 6% in 2023 and 2024 to 1% in 2025 and 2026, and then decline by 2% in 2027 and 2028 [1] - The expected net profit growth rate for Minth Group is projected to slow to 15% in 2025 and 2026, further decreasing to 11% in 2027 [1]