Western Securities Co.Ltd(002673) maintain the Great Wall Motor Company Limited(601633) buy rating, and it is expected that the net profit in 2021 will increase by 54.03% year-on-year

The research report was released on August 30 to maintain the Great Wall Motor Company Limited(601633) buy rating. Western Securities Co.Ltd(002673) it is predicted that the net profit attributable to the parent company in Great Wall Motor Company Limited(601633) 2021 will be 8.26 billion yuan, a year-on-year increase of 54.03%.

Main financial indicators and valuation

2021E

2022E

2023E

Total operating revenue (RMB 100 million) 142931805 three hundred and seventy-two thousand two hundred and forty-six point nine two

Net profit attributable to parent company (RMB 100 million) 826127 seventy-four thousand one hundred and fifty-four point zero five

Earnings per share (yuan) 0.91 three hundred and ninety-one point six seven

Net assets per share (yuan) 7.148 two hundred and sixty-nine point six six

Price earnings ratio (PE) 70.245 four hundred and thirty-seven point six

Price to book ratio (PB) 8.87 sixty-six point five

Return on net assets (%) 13.41818 seven

Note: the data is obtained from the text of the research report.

Great Wall Motor Company Limited(601633) in the past month, it has received 26 research reports from securities companies, with an average target price of 73.04 yuan. According to the reverse order of the release date of the research report, the latest research report data of the five securities companies are shown in the table below:

Research report date

Organization abbreviation

Target price

This rating

details

2021-08-30 Soochow Securities Co.Ltd(601555) – buy smart hybrid SUV Macchiato for pre-sale, and the explosion is expected

August 30, 2021 Minsheng Securities – Recommended semi annual report comments: deeply ploughing the market segment, independent leader, high performance in the first half of the year

On August 30, 2021 Huaan Securities Co.Ltd(600909) – the profit from buying single cars increased month on month, and the new car cycle continued

2021-08-30 Western Securities Co.Ltd(002673) – buy comments on 2021 interim report: strong performance growth, optimistic about the second growth

2021-08-29 China Galaxy Securities Co.Ltd(601881) – the volume and price of recommended products increased simultaneously to boost revenue, and the performance growth exceeded expectations

Disclaimer: This article is based on big data production and is for reference only. It does not constitute any investment suggestions. Therefore, the operator shall bear the operational risk.

 

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