Ge Long Hui A P P·2025-11-18 09:05Group 1 - The core viewpoint of the article is that Geely Automobile has shown strong financial performance in the first three quarters of the year, with significant revenue growth and stable net profit [1] Group 2 - Geely's revenue for the first three quarters increased by 43% year-on-year to 239.5 billion yuan, while the net profit attributable to shareholders remained flat at 13.1 billion yuan [1] - In the third quarter, Geely's operating revenue grew by 48% year-on-year to 89.2 billion yuan, and the net profit attributable to shareholders increased by 56% to 3.82 billion yuan, aligning with expectations [1] - Due to a strong new vehicle cycle and the ramp-up of new models like the Galaxy M9 and Lynk & Co 900, the company has raised its net profit forecasts for the next two years by 4.5% and 11.9% to 16.9 billion yuan and 19.7 billion yuan, respectively [1] - The investment bank maintains a "outperform industry" rating and a target price of 26 HKD, which corresponds to a price-to-earnings ratio of 14.2 times for 2025 and 12.1 times for 2026 [1]