Core Viewpoint - Citigroup maintains a "Buy" rating on Goldwind Technology, raising the target price from HKD 11 to HKD 17, reflecting profit growth and improved cash flow [1] Financial Performance - The company's Q3 2025 performance exceeded expectations, with a significant increase in wind turbine sales and improved profit margins [1] - Investment income has also increased, contributing positively to overall financial results [1] Earnings Forecast - Citigroup has raised the net profit forecast for Goldwind Technology for 2026 and 2027 by 11% to 12% [1] - Factors influencing this adjustment include a strong order volume, with expected wind turbine sales growth revised from 15% and 10% to 20% and 15% year-on-year, respectively [1] - Sales management expenses are well-controlled, leading to a reduction in expenditures [1]
花旗:上调金风科技目标价至17港元 上调明后两年净利预测