Minsheng Securities: maintains Geely Automobile (00175) "recommended" rating, share buyback demonstrates development confidence.

According to the Zhidao Financial APP, Minsheng Securities released a research report stating that Geely Auto (00175) has an upward momentum in its new energy brand, with accelerating profits. It is estimated that the company's revenue for 2025-2027 will be 404.78/489.69/572.83 billion yuan, with net profit attributable to shareholders of 16.21/22.09/25.97 billion yuan (excluding extreme privatization), and EPS of 1.61/2.19/2.58 yuan (excluding repurchase). Corresponding to the closing price of 17.77 Hong Kong dollars on November 3, the PE ratios are 10/7/6 times, maintaining a "recommended" rating.