【招银国际】2Q earnings beat; investment opportunities arise with overreaction on softened outlook.pdf

网易：3Q20 Earnings Call-20201119

1H23E earnings preview： All eyes on the Galaxy

3Q24 first take: Earnings in-line with solid margin recovery; Focus on GB200 products in 4Q24E

Earnings risk not yet priced in

–Earnings cut and de-rating may end here

Auto: Stable discounts imply resilient 3Q earnings

Solid 1H24 earnings, better NEV outlook

Impressive earnings recovery in 1Q23; Reiterate BUY

–3Q23 earnings beat on strong operating leverage and business innovation

3Q24 earnings below expectations due to margin contraction