[hot stocks] the share price of Great Wall Motor rose by more than 7%. Sales soared in January.

SMM2 March 8: today, Great Wall Motor Hong Kong stocks are strong, up more than 7% so far, with a total market capitalization of more than 220 billion yuan.

Recently, Great Wall Motor disclosed that KuaiBao produced and sold 138026 vehicles in January 2021, an increase of 80.34 percent over the same period last year, and sales of 139012 vehicles, an increase of 73.2 percent over the same period last year. Of these, Harvard brand sold 94474 vehicles, up 60.89% over the same period last year, up 87.93% over the same period last year; Great Wall pickup 22260, up 65.86%; and Euler brand sales of 10260, up 689.23% over the same period last year.

KuaiBao, the performance of Great Wall Motor, showed that the company's total revenue in 2020 was 103.283 billion yuan, an increase of 7.35% over the same period last year. The net profit attributable to shareholders was 5.392 billion yuan, an increase of 19.9% over the same period last year.

Huaxi Securities said it expects its operating income from 2020 to 2022 to be 103.283x160.35 billion yuan, and its net profit to return to its parent is 53.9x104.5 / 13.65 billion yuan, corresponding to an EPS of 0.59 pound 1.14x1.49 yuan, and the current share price corresponds to a PE of 66-33-26. Taking into account the opening of the company's new products in the big week, high certainty in mid-term performance repair, and superimposed intelligent electric transformation, it is given the same target price of 52.15 yuan for 35 times PE, in 2022, maintaining the "buy" rating.