长安汽车：自主新能源表现亮眼，月度销量同比由降转增

Investment Rating - The investment rating for the company is "Buy" (maintained) [18] Core Views - The company's October sales showed a year-on-year increase, driven by strong performance in the autonomous new energy sector, with wholesale sales reaching 250,800 units, up 4.07% month-on-month and 17.66% year-on-year [20] - The company has launched several new models, which have received positive order responses, indicating a strong market demand for its new energy vehicles [21] - The overseas sales remain robust, with a total of 30,800 units sold in October, reflecting a 33.86% increase year-on-year, and cumulative sales of 318,600 units from January to October, up 61.81% year-on-year [21] Financial Summary - The company’s projected revenue for 2024 is 174.65 billion yuan, with a growth rate of 15.4% [23] - The projected net profit attributable to the parent company for 2024 is 6.17 billion yuan, reflecting a decrease of 45.5% compared to the previous year [23] - The company's price-to-earnings (P/E) ratio for 2024 is projected at 23.1, which is below the average P/E ratio of comparable companies at 25.5 [22][24]