- Geely Auto sold 160,658 vehicles in May 2024.
- This represents a 38% increase compared to May 2023.
- Sales of pure electric vehicles (EVs) reached 34,190 units, up 63% year-over-year.
- Plug-in hybrid EV sales skyrocketed to 24,483 units from just 2,912 units last year.
- Year-to-date vehicle sales stand at 789,645 units, marking a 45% increase from the same period in 2023.
- Analyst ratings: 35 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, according to Smartkarma Smart Scores, shows a promising long-term outlook. With a strong Growth score of 4, the company is positioned well for future expansion and development. This indicates the potential for Geely Auto to thrive and increase its market presence over time. Additionally, the Resilience and Momentum scores of 4 each suggest that the company has the ability to withstand challenges and maintain its positive performance trajectory. Geely Auto‘s focus on these key areas bodes well for its sustained success in the passenger vehicles manufacturing sector.
Although Geely Auto‘s Value and Dividend scores are slightly lower at 3 and 2 respectively, the overall high scores in Growth, Resilience, and Momentum indicate that the company is on a solid strategic path. These scores highlight Geely Auto‘s proactive approach towards innovation and market adaptability. As a passenger vehicles manufacturing company with a global reach, Geely Auto is poised to leverage its strengths in growth and resilience to cement its position in the competitive automotive industry.
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.
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