GEELY AUTOMOBILE HOLDINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.39 HKD | +2.07% |
|
+6.58% | +9.31% |
| Apr. 26 | TAKE A LOOK-Beijing auto show | RE |
| Apr. 26 | TAKE A LOOK-Beijing auto show | RE |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 108,835 | 124,850 | 218,948 | 173,875 | 101,256 | 87,471 | 87,471 | - |
| Enterprise Value (EV) 1 | 94,473 | 109,782 | 203,923 | 150,369 | 78,735 | 78,570 | 53,689 | 49,346 |
| P/E ratio | 8.84 x | 15.3 x | 39.8 x | 36.2 x | 19.9 x | 15.3 x | 12.4 x | 9.4 x |
| Yield | 2.46% | 1.68% | 0.75% | 0.99% | 1.83% | 2.03% | 2.85% | 3.56% |
| Capitalization / Revenue | 1.02 x | 1.28 x | 2.38 x | 1.71 x | 0.68 x | 0.44 x | 0.4 x | 0.35 x |
| EV / Revenue | 0.89 x | 1.13 x | 2.21 x | 1.48 x | 0.53 x | 0.44 x | 0.25 x | 0.2 x |
| EV / EBITDA | 5.61 x | 8.84 x | 19.5 x | 14.7 x | 7.6 x | 6.68 x | 3.45 x | 2.62 x |
| EV / FCF | 14.4 x | 22.1 x | -169 x | 16.3 x | 13.9 x | 3.52 x | 3.52 x | 2.87 x |
| FCF Yield | 6.97% | 4.52% | -0.59% | 6.15% | 7.22% | 28.4% | 28.4% | 34.8% |
| Price to Book | 2.42 x | 2.29 x | 3.44 x | 2.53 x | 1.35 x | 1.09 x | 0.99 x | 0.91 x |
| Nbr of stocks (in thousands) | 8,981,613 | 9,166,998 | 9,816,627 | 10,018,442 | 10,056,974 | 10,063,382 | 10,063,382 | - |
| Reference price 2 | 12.12 | 13.62 | 22.30 | 17.36 | 10.07 | 8.692 | 8.692 | 8.692 |
| Announcement Date | 3/21/19 | 3/30/20 | 3/23/21 | 3/23/22 | 3/21/23 | 3/20/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 106,595 | 97,401 | 92,114 | 101,611 | 147,965 | 179,204 | 216,307 | 248,768 |
| EBITDA 1 | 16,849 | 12,414 | 10,465 | 10,202 | 10,360 | 11,766 | 15,580 | 18,860 |
| EBIT 1 | 14,435 | 8,681 | 4,974 | 3,308 | 2,042 | 3,563 | 6,121 | 8,138 |
| Operating Margin | 13.54% | 8.91% | 5.4% | 3.26% | 1.38% | 1.99% | 2.83% | 3.27% |
| Earnings before Tax (EBT) 1 | 14,959 | 9,636 | 6,441 | 4,665 | 4,682 | 4,950 | 7,186 | 9,631 |
| Net income 1 | 12,553 | 8,190 | 5,534 | 4,847 | 5,260 | 5,308 | 7,108 | 9,313 |
| Net margin | 11.78% | 8.41% | 6.01% | 4.77% | 3.56% | 2.96% | 3.29% | 3.74% |
| EPS 2 | 1.370 | 0.8900 | 0.5600 | 0.4800 | 0.5049 | 0.5100 | 0.7024 | 0.9242 |
| Free Cash Flow 1 | 6,581 | 4,963 | -1,210 | 9,248 | 5,681 | 15,623 | 15,244 | 17,173 |
| FCF margin | 6.17% | 5.1% | -1.31% | 9.1% | 3.84% | 8.88% | 7.05% | 6.9% |
| FCF Conversion (EBITDA) | 39.06% | 39.98% | - | 90.65% | 54.84% | 114.52% | 97.84% | 91.05% |
| FCF Conversion (Net income) | 52.42% | 60.6% | - | 190.78% | 108% | 314.9% | 214.45% | 184.4% |
| Dividend per Share 2 | 0.2985 | 0.2289 | 0.1678 | 0.1710 | 0.1841 | 0.1767 | 0.2478 | 0.3097 |
| Announcement Date | 3/21/19 | 3/30/20 | 3/23/21 | 3/23/22 | 3/21/23 | 3/20/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S1 | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 47,559 | 49,843 | 36,820 | 55,294 | 45,032 | 56,579 | 58,184 | 89,781 | 73,182 | 106,022 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 4,367 | 4,314 | 2,106 | 2,868 | 2,118 | 1,190 | 554.8 | 1,487 | - | 2,657 |
| Operating Margin | 9.18% | 8.66% | 5.72% | 5.19% | 4.7% | 2.1% | 0.95% | 1.66% | - | 2.51% |
| Earnings before Tax (EBT) 1 | - | 4,872 | 2,640 | 3,801 | 2,921 | 1,745 | - | - | - | 3,476 |
| Net income 1 | 4,009 | 4,180 | 2,297 | 3,237 | 2,381 | 2,466 | 1,552 | 3,708 | 1,571 | 3,738 |
| Net margin | 8.43% | 8.39% | 6.24% | 5.85% | 5.29% | 4.36% | 2.67% | 4.13% | 2.15% | 3.53% |
| EPS 2 | 0.4392 | 0.4508 | 0.2470 | 0.3130 | 0.2359 | 0.2441 | 0.1471 | 0.3578 | - | 0.3625 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/21/19 | 3/30/20 | 8/17/20 | 3/23/21 | 8/18/21 | 3/23/22 | 8/18/22 | 3/21/23 | 8/22/23 | 3/20/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 14,362 | 15,068 | 15,025 | 23,505 | 22,521 | 32,480 | 33,783 | 38,125 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 6,581 | 4,963 | -1,210 | 9,248 | 5,681 | 15,623 | 15,244 | 17,173 |
| ROE (net income / shareholders' equity) | 31.6% | 16.5% | 9.37% | 7.33% | 3.66% | 6.12% | 8.11% | 9.84% |
| ROA (Net income/ Total Assets) | 14.2% | 8.21% | 5.06% | 3.95% | 2.51% | 2.97% | 3.34% | 3.98% |
| Assets 1 | 88,223 | 99,694 | 109,372 | 122,577 | 209,939 | 167,167 | 213,128 | 233,758 |
| Book Value Per Share 2 | 5.010 | 5.940 | 6.480 | 6.850 | 7.470 | 7.980 | 8.740 | 9.570 |
| Cash Flow per Share 2 | 1.520 | 1.370 | 3.240 | 1.550 | 1.580 | 1.600 | 1.480 | 1.850 |
| Capex 1 | 7,344 | 7,479 | 2,807 | 6,100 | 3,516 | 10,052 | 10,969 | 10,632 |
| Capex / Sales | 6.89% | 7.68% | 3.05% | 6% | 2.38% | 5.71% | 5.07% | 4.27% |
| Announcement Date | 3/21/19 | 3/30/20 | 3/23/21 | 3/23/22 | 3/21/23 | 3/20/24 | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
28
Last Close Price
8.692
CNY
Average target price
12.54
CNY
Spread / Average Target
+44.29%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +9.31% | 12.07B | |
| +35.50% | 300B | |
| +18.88% | 82.12B | |
| +5.58% | 71.52B | |
| +19.41% | 53.62B | |
| +4.92% | 51.06B | |
| +27.62% | 52.28B | |
| +28.00% | 43.93B | |
| +22.60% | 39.41B | |
| +18.24% | 27.31B |
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