Bank of China International published a report stating that as Geely continues to break through in the new energy market and continues to strengthen its position in the fuel vehicle market, the bank expects Geely's profit to continue to recover in the next two years, and is expected to surpass the high profit level of the previous profit increase cycle. The bank pointed out that with Geely's various new energy products launched on Geely's cost-effective GEA platform and the company's expertise in the NEV core supply chain over the past few years, the Galaxy brand's shipments are expected to double to 900,000 units or higher in 2025, and profitability is expected to improve significantly. Despite the continued downward pressure on the fuel vehicle market, the bank expects Geely to benefit from product structure optimization and overseas contributions, and is expected to continue to improve its market position in the fuel vehicle sector and maintain a healthy level of quantitative profit. The bank raised Geely's sales forecast for this year and next two years to 2.11 million and 2.58 million units, and the net profit forecast to 8.6 billion yuan and 11.5 billion yuan. Currently, Geely's stock price corresponds to the expected price-earnings ratio of 10 times in 2025. The bank believes that the current valuation does not reflect the results of the company's transformation into new energy vehicles and the certainty of next year's sales and profit growth. The bank reiterated its “buy” rating on Geely and raised the target price to HK$19. It is expected that the Galaxy brand's reversal of losses to profit and potential cost reduction brought about by the Group's strategic integration is expected to drive up both valuation and profit.

Bank of China International published a report stating that as Geely continues to break through in the new energy market and continues to strengthen its position in the fuel vehicle market, the bank expects Geely's profit to continue to recover in the next two years, and is expected to surpass the high profit level of the previous profit increase cycle. The bank pointed out that with Geely's various new energy products launched on Geely's cost-effective GEA platform and the company's expertise in the NEV core supply chain over the past few years, the Galaxy brand's shipments are expected to double to 900,000 units or higher in 2025, and profitability is expected to improve significantly. Despite the continued downward pressure on the fuel vehicle market, the bank expects Geely to benefit from product structure optimization and overseas contributions, and is expected to continue to improve its market position in the fuel vehicle sector and maintain a healthy level of quantitative profit. The bank raised Geely's sales forecast for this year and next two years to 2.11 million and 2.58 million units, and the net profit forecast to 8.6 billion yuan and 11.5 billion yuan. Currently, Geely's stock price corresponds to the expected price-earnings ratio of 10 times in 2025. The bank believes that the current valuation does not reflect the results of the company's transformation into new energy vehicles and the certainty of next year's sales and profit growth. The bank reiterated its “buy” rating on Geely and raised the target price to HK$19. It is expected that the Galaxy brand's reversal of losses to profit and potential cost reduction brought about by the Group's strategic integration is expected to drive up both valuation and profit.