Market Brief

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Author

許偉龍先生(Anthony Hui)
高級交易員

現任職輝立高級交易員,對投資股票經驗豐富。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得。
Phone:
36533066

小鵬汽車有限公司 - W (9868)

Wednesday, January 26, 2022 Views10652

業務概要: 集團主要於中國從事設計、開發、製造及銷售智能電動汽車,以及提供相關的售後服務及維修保養。

 

基本資料 :

現價: $153

市值: 2,620.52億

 

52週高/低: $220/$131

10天/50天/100天平均價 : $178.39/ $184.146/ $172.657

 

業務回顧:

截至2021年9月30日止的第三季業績,小鵬汽車的收入按年增加187.4%至57.2億人民幣; 普通股東應佔淨虧損由去年同期20.26億元,收窄至15.95億元, 主要由於渠道擴張和品牌價值改進,令汽車交付量增加所致。

 

評論:

第一,公司在財報中明確將探索RoboTaxi (全自駕計程車業務),時間預計2022年下半年。(有大行指出Robotaxi是更具想象力的業務,據大行預計,到2030年Robotaxi全球市場空間將超過2萬億美元,大大超過網約車市場)。

 

第二,小鵬汽車自有肇慶工廠加上在建的廣州和武漢工廠的總設計產能達40萬輛,通過每天20小時生產的雙班制,能實現60萬輛的年產量。

 

第三,公司副董事長兼總裁顧宏地表示,小鵬汽車將在今明兩年加大對國際市場的投資,預計明年將進入瑞典、丹麥和荷蘭。

 

第四,公司官方宣布,知名機器人專家、原配天機器人總經理徐志根正式加入鵬行智能。加入鵬行後,徐志根將為鵬行智能的組織管理、技術體系、產品研發等提供系統性戰略指導,進一步確立小鵬旗下鵬行智能在智能機器人領域的核心優勢。

 

第五,1月25日小鵬汽車入股一徑科技,後者提供領先的全固態激光雷達解決方案,賦予無人駕駛汽車、機器人等人工智能應用可靠穩定、寬視角、遠距離及高分辨率的三維深度視覺能力 , 相信小鵬汽車接下來將在激光雷達領域進行探索。2021年9月中旬上市的小鵬P5成為全球首款搭載激光雷達的量產智能汽車,隨着另一款旗艦SUV小鵬G9的亮相,小鵬對激光雷達的需求將變得更大。

 

買賣策略
買入價: $142

目標價: $197

止蝕價: $128

 

資料來源: 阿斯達克財經網,披露易,2021年第三季業績公告,新浪財經

註:本人許偉龍為證監會持牌人士。截至本評論文章發表日止,本人及/或其有聯繫者並無持有全部提及之証券的所有相關財務權益。

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