吉利汽车在今年（2025 年）内需市场的表现如何？有哪些因素影响其销量和 盈利能力？ 今年（2025 年），吉利汽车在内需市场的表现预期较为乐观。尽管近期汽车 销量受到政策托底以及收入预期变化的影响，但预计到年中和下半年，整体内 需销量有望恢复到正常甚至较好的水平。此外，今年有两个新能源汽车相关补 贴政策到期，预计年底内需表现将优于当前市场预估。全年零售增速预计为 4%。吉利汽车自身从去年（2024 年）三季度开始进入新的产品周期，市场对 其竞争力认可度提升，但对盈利性持续提升仍有疑虑。通过规模增加、低库存 以及供应链成本分摊，预计今年（2025 年）盈利性将持续提升。全年销量预 计达到 2,700~2,800 万辆，同比增长 25%~30%，利润预计达到 148 亿， 同比翻倍。 • 吉利汽车通过与魅族合作推出 Flyme Auto 系统，降低座舱智能化成本， 并整合路特斯、研究院及极氪团队成立合资公司，分梯度提供智驾方案。 计划 2026 年批产上车智能驾驶芯片。 • 市场对吉利盈利性的担忧主要集中于竞争对手降价压力和行业销量走淡。 但吉利通过规模效应摊薄费用，供应链成本下降，以及出口市场拓展，有 效对冲 ...

April 14, 2025 11:00 PM GMT Geely Automobile Holdings | Asia Pacific Risk Reward Update What's Changed Updated Components EPS Bull Base Bear Scenarios Risks to Price Target / Rating Risk Reward for Geely Automobile Holdings (0175.HK) has been updated. Reason for change We lower our 2025 earnings estimate by 14% to Rmb17bn to reflect Geely's latest accounting change, where it now excludes the Rmb6.47bn non-operating gain from ZK-Lynk integration; meanwhile, Rmb2-2.3bn FX gain in 1Q25 will partially offset th ...

尊敬的各位投资者朋友们各位媒体老师们下午好今天正好是春分寒冬消退气候也正如最近的港股市场一般不断回暖在这个好时节感谢各位来参加我们吉利汽车控股有限公司2024年的全年业绩发布会顺助各位春分吉利我是今天会议的主持人赵阳首先请允许我介绍出席今天会议的公司管理层 他们是吉利汽车控股有限公司行政总裁及执行董事桂生岳先生吉利控股总裁吉克科技集团CEO安冲辉先生吉利汽车集团CEO吉利汽车控股有限公司执行董事赣家岳先生 吉利汽车随着销量和产品盈利能力的稳固提升扣飞后规模均利润达到了85.2亿同比增长52%公司的战略转型呢开始进入收获期那现金流方面吉利汽车年末现金储备充裕全年经营性现金流流入达265亿元期末的总现金水平超过400亿为409亿元净现金水平呢也达到了398亿 那也军创了吉利汽车历史新高那在盈利的同时呢吉利汽车也额外的重视股东回报长期以来呢吉利汽车持续提供稳定高额的现金分红那美股派息呢也是逐年提升2024年拟派息金额为美股港币0.33元同比增长50%那在各品牌的表现方面吉利汽车2024年呢实现了 以及吉利汽车集团CFO赛勇先生同时今天来到现场的还有我们极客科技集团来自美国的三位独立董事今天我们也很高兴有我们三位极客 ...

电话会议仅供符合国海证券投资者适当性管理要求的客户以及受邀客户使用国海证券不会因接收人收到本次会议相关通知或参加本次会议而释其为客户本次会议内容不构成任何投资建议据此作出的任何投资决策与国海证券、国海证券员工或者关联机构无关本次会议只是转发国海证券已发布研究报告的部分观点仅反映国海证券研究人员于发布完整报告当日的判断 相关内容请以研究所已公开发布报告为准会议严禁录音或转发 任何人不得对本次会议的任何内容进行发布复制编辑改编转载播放展示或以其他任何方式非法使用本次会议的部分或者全部内容否则将承担相应的法律责任国海证券就此保留一切法律权利在任何情况下国海证券及其员工对使用本次会议信息或内容所引发的任何直接或间接损失概不负责市场有风险投资需谨慎 好的 今天的各位机构投资者大家早上好 我是国海证券技术行业手机分析师戴畅 非常感谢大家在早上八点加入到我们的电话会议当中 那今天我们主要汇报两个事情一个是呃都是昨天啊非常重要的事情啊一个是这个吉利的这个一级报的一级预告啊非常的超预期然后第二个的话是林跑汽车b10正式上市啊大型的订单呃也非常超预期两件事情的话我们给大家进行一个汇报并且去进一步的去跟大家汇报一下我们对吉利跟林跑 ...

从整个2024年报的情况来看的话吉利还是非常还是非常亮眼特别四一路的毛利的话呢有一个环比还是有一个比较明显的提升整个规模放量还是非常的显著的那年报都来看的话呢从销量的情况来看2024年吉利汽车总销量217.7万辆基本是218万辆同比增长32% 新能源的话是88.8万辆就基本上是89万辆新能源基本是翻倍增长整个几率的2024年的新能源的渗透率达到了40.7%出口商量的话41.5万辆在整个项链里面占比的话19% 那其实在这个整个销量里面来看的话呢整个新能源的大幅的往上明显超越行业也明显超越吉利自己超越吉利自己也超越整体基地啊也超越这个整体这个训练行业呃这个是整个吉利2024年最大的变化也就是银河系列放量以后吉利的在传统的就是在这个最大的这个价格带啊10到20万这个价格带开始立了起来就是银河系列开始立了起来也是吉利的 应该也是传统车系里面第一个电动化开始转型成功的一个车系 那就是销量情况那收入利润方面的话呢整个呃呃2024年吉利的话呢收入的话呢呃再创新高突破2000亿啊达到2400亿啊同比增长34%规模经济论的话166亿同比增长213%啊那这个规模经济论里面其实有比较大的飞金啊在前面几个地点里面有一些飞金如果看扣飞 ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

March 20, 2025 03:49 PM GMT Geely Automobile Holdings | Asia Pacific 4Q24 Earnings Call Takeaways – Turning over a new leaf Key Takeaways New model cycle underpins 2.71mn volume (+24.5% YoY) ambition in 2025: For Geely brand, there will be 2 additional SUVs and 2 additional sedans, covering the A0 to B+ class segments. All new models and facelifts will equip the Qianli Haohan autonomous driving (AD) system. Moreover, management highlights that Geely remains committed to ICE development with the inclusion of ...

March 20, 2025 06:08 AM GMT Geely Automobile Holdings | Asia Pacific 4Q in line - Higher GPM and disposal gain offset higher opex Reaction to earnings Unchanged In-line Largely unchanged Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Geely reported 4Q24 earnings of Rmb3.6bn, growing 36% QoQ and 45% YoY, in line with our expectations, where higher GPM and a one-off disposal gain of Rmb1.6bn offset higher opex. Ful ...

Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting that sound fundamentals and positive earnings revisions are crucial for maintaining momentum in stock prices [1][2]. Group 1: Stock Performance - Geely Automobile Holdings Ltd. (GELYY) has shown a solid price increase of 25.2% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 20.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, GELYY is trading at 94.6% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - GELYY holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like GELYY that are on an uptrend supported by strong fundamentals [3]. - The article suggests that investors should consider other stocks that meet similar criteria and explore various Zacks Premium Screens tailored to different investing styles [8].

Summary of Geely Automobile Conference Call Company Overview - Geely Automobile has completed self-research on the three core components of vehicles, leading to sales growth driven by sedan models (Yuanjing, Emgrand) and SUVs (Boyue) [2][3] - The company is transitioning towards high-end markets through acquisitions (e.g., Volvo) and joint ventures (e.g., Lynk & Co), which has positively impacted sales and stock prices [2][3] Industry and Market Position - Geely Holdings Group encompasses multiple passenger car brands including Geely Automobile, Volvo, smart, and Proton, as well as commercial vehicle brands [2][6] - The company has established a full industry chain layout with subsidiaries listed in Hong Kong, including Geely Galaxy New Energy, Zeekr, Lynk & Co, and joint ventures with Renault [2][6] Key Developments and Strategies - Geely has shifted from a three-stage hybrid development to a single-stage hybrid, significantly enhancing the range of its vehicles [4] - The company has launched the Taizhou Declaration to integrate teams and adjust equity structures, strengthening collaboration in electrification and intelligence [2][5][8] - The "Geely 4.0" era is marked by strategic adjustments to promote electric and intelligent vehicle development [8][9] Financial Performance and Projections - In 2023, Geely's sales entered an upward trajectory, with significant year-on-year growth expected in 2024 [10] - The company anticipates a net profit of 10.037 billion RMB in 2025, increasing to 18 billion RMB by 2026, with a sales target of 2.17 million units in 2024 and 2.7 million in 2025 [21] Brand Performance - Geely Galaxy focuses on plug-in hybrid and pure electric vehicles, competing with BYD, and has seen strong sales performance [12] - The Zeekr brand has established a presence in the high-end electric vehicle market, with sales increasing from 70,000 units in 2022 to over 200,000 units in 2024 [13] - Lynk & Co is transitioning from a mid-to-high-end fuel vehicle brand to a mid-to-high-end new energy brand, facing short-term sales pressure but expected recovery [14] Technological Advancements - Geely has developed two main vehicle platforms: SEA and GEE, covering various energy types and enhancing cost-effectiveness [15] - The company has made significant improvements in hybrid technology, including the introduction of silicon carbide modules and optimized control technologies [17] - In the field of intelligent driving, Geely covers high, medium, and low-level solutions, emphasizing a fully self-developed system [18] AI and Smart Features - Geely is advancing in AI with the development of new AI models and collaborations with leading tech companies [20] - The company employs a dual strategy for smart cockpits, integrating self-developed operating systems with existing technologies [19] Investment Recommendation - Investment in Geely is recommended due to its strategic positioning in the vehicle model cycle, advancements in smart technology, and potential for significant changes in the AI landscape [22]