- Geely Auto sold 166,085 vehicles in June 2024.
- This represents a 24% increase compared to June last year, which was 133,686 units.
- Pure electric vehicle (EV) sales reached 37,100 units, a jump of 59% year-on-year.
- Plug-in hybrid EV sales were 28,859 units, up from 11,702 units the previous year.
- Total vehicle sales for the year to date are 955,730 units, a 41% increase year-on-year.
- Analyst ratings for Geely Auto include 38 buys, 1 hold, and 0 sells.
A look at Geely Auto Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Geely Auto looks to have a promising long-term outlook, as indicated by its Smartkarma Smart Scores. With solid scores in Growth, Resilience, and Momentum, the company seems well-positioned for future success. This suggests that Geely Auto has the potential for continuous growth, a strong ability to weather challenges, and positive momentum in the market. Although its Value and Dividend scores are not as high, the overall outlook remains positive due to its strengths in other areas.
In summary, Geely Auto, a passenger vehicle manufacturing company, seems to have a bright future ahead based on its Smartkarma Smart Scores. With a focus on growth, resilience, and momentum, the company appears poised for long-term success in the industry. Despite some areas where improvement could be made, Geely Auto‘s overall outlook looks promising for investors seeking potential growth opportunities in the auto sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
