Geely Auto (175) Earnings: March Vehicle Sales Reach 232,177 Units with Strong EV Performance

Geely Auto on Smartkarma

Geely Auto (175 HK) has been receiving positive analyst coverage on Smartkarma by Ming Lu, with a bullish sentiment towards the company. According to Ming Lu‘s research reports, Geely’s total revenue increased by 34% and sales volume grew by 32% in 2024. The operating margin also improved to 4%, compared to 2% in the previous year. Ming Lu predicts a 51% upside for Geely Auto, setting a price target of HK$28.00 and recommending a “Buy” stance.

Moreover, Ming Lu highlights Geely’s strong performance in various aspects such as sales volume growth, emphasis on BEV technology, and favorable financial ratios compared to competitors. Another analyst, David Blennerhassett, provides insights on CEO & Director dealings involving Geely Auto, among other key stocks. Geely’s impressive growth numbers and strategic shifts towards BEV technology continue to attract positive attention from independent analysts on Smartkarma.

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‘s long-term outlook seems promising based on the Smartkarma Smart Scores. With top scores in Growth, Resilience, and Momentum, the company demonstrates strong potential for expansion and market performance. The high Growth score indicates promising prospects for development and profitability in the future, while the Resilience and Momentum scores suggest the company’s ability to endure market fluctuations and maintain its competitive edge.

Although Geely Auto‘s Value and Dividend scores are lower, indicating room for improvement in terms of financial value and dividend payments, the overall outlook remains positive. As a passenger vehicles manufacturing company focusing on development, manufacturing, sales, and exports, Geely Automobile Holdings Limited positions itself well in the market to capitalize on its strengths and drive long-term success.

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.
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