Geely Auto (175) Earnings: December Vehicle Sales Reach 210,055 Units with Strong EV Performance

Geely Auto on Smartkarma

Analyst coverage of Geely Auto on Smartkarma has been positive, with Ming Lu noting the shift from PHEV to BEV vehicles. Geely’s deliveries surged by 27% YoY in November 2024, with BEV deliveries skyrocketing by 173% YoY compared to July. Ming Lu also highlighted that Geely’s forward financial ratios are lower than its competitors, indicating strong growth potential.

In another report, Ming Lu emphasized Geely’s impressive performance in Q3 2024, with revenue up by 20% and operating profit climbing by 129%. The operating margin improved to 5.3% in Q3 2024, a significant growth from the previous year. Ming Lu projected an upside of 58% for Geely by the end of 2025, setting a price target of HK$22. Overall, analyst sentiment on Geely Auto remains bullish, with a focus on its strong sales volume growth and expanding export targets.

A look at Geely Auto Smart Scores

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, a passenger vehicles manufacturing company, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a high score in Momentum, indicating strong market performance, the company is likely to continue its upward trajectory. Additionally, Geely Auto scores well in Growth and Resilience, showcasing potential for future expansion and ability to weather economic challenges effectively.

Although Geely Auto scores lower in Value and Dividend factors, suggesting moderate performance in these areas, the overall positive outlook driven by high scores in Growth, Resilience, and Momentum indicates a bright future for the company in the long run. As Geely continues to focus on passenger vehicles development, manufacturing, and sales while maintaining export activities, investors may find the company’s growth prospects appealing.

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