Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CLSA Axes LEAPMOTOR's TP to HKD60 Amid Concerns Over Intensifying Competition
Recommend 1 Positive 1 Negative 3 |
||||
|
||||
|
LEAPMOTOR (09863.HK) achieved a net profit of RMB355 million in 4Q25, primarily driven by robust growth in non-vehicle revenue, including overseas carbon credit sales, high-margin technology licensing, and supplying its electric powertrain systems to external customers, according to a research report from CLSA. These business revenues contributed around 3 ppts to the overall profit margin. Considering the intensifying competition and expected further industry consolidation, CLSA has slashed its target price for LEAPMOTOR from HKD80 to HKD60 while keeping the Outperform rating unchanged. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
