Jinwu Financial News | According to the Western Securities Research Report, the market believes that the cost-effective advantage of Zero Sports Auto (09863) is difficult to maintain under fierce competition, and expectations for overseas exports are low. The bank believes that the company's core executive team is stable and has a strategic vision and execution ability. The company has high capital utilization efficiency and strong control over core components. It can continue to operate in the fierce competition in the long run, and overseas exports are expected to exceed expectations.
The bank expects the company's revenue to be 37.622 billion yuan, 62.4 billion yuan, and 74.250 billion yuan respectively in 2024-2026, up 125%, 66%, and 19% year-on-year. The current stock price corresponding to 2024-2026 PS is 0.82/0.50/0.42, respectively. First coverage, giving a “buy” rating.