- Guangzhou Auto reported vehicle sales for August 2024 as 148,190 units.
- This represents a year-over-year decrease of 25% compared to 196,761 units in August 2023.
- Sales of New Energy Vehicles (NEVs) were reported at 37,571 units.
- NEV sales also saw a decline of 24% year-over-year.
- Investment analysts offer mixed ratings on Guangzhou Auto with 12 buy recommendations, 11 hold ratings, and 1 sell rating.
- All comparisons are based on the company’s previously disclosed results.
Guangzhou Automobile Group on Smartkarma
Analysts on Smartkarma have been closely covering Guangzhou Automobile Group, providing valuable insights for investors. Travis Lundy, in his report “A/H Premium Tracker (To 9 Aug 2024),” highlighted that AH Premia were at a multi-year high as of August 2, with expectations for a decrease, particularly in narrow premia. He noted strong SOUTHBOUND inflows and Tencent performance, contrasting with significant NORTHBOUND outflows. Lundy expects further gains in H-vs-A positioning based on recent trends.
Another analyst, Ming Lu, shared insights in the report “China Consumption Weekly (24 Jun 2024).” The report focused on notable GMV surges for Kuaishou and Bilibili during the “June 18” sales period. Additionally, updates on GAC Honda Automobile Ltd’s plan to dismiss 1700 employees were provided. These reports offer a comprehensive view of recent developments impacting Guangzhou Automobile Group and related industries.
A look at Guangzhou Automobile Group Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 5 | |
Dividend | 5 | |
Growth | 3 | |
Resilience | 4 | |
Momentum | 0 | |
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
Guangzhou Automobile Group Company, Ltd. seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With top scores in Value and Dividend factors, the company appears to be solid in terms of its financial health and returns to shareholders. Additionally, a decent score in Resilience suggests that the company may have the ability to weather economic uncertainties and challenges. However, growth potential seems to be a bit moderate with a score of 3, indicating some room for improvement. Unfortunately, the company lacks Momentum with a score of 0, which may suggest a lack of market excitement or potential growth acceleration in the near term.
Overall, Guangzhou Automobile Group Company, Ltd. shows strength in value and dividend aspects, providing a stable foundation for investors looking for long-term opportunities in the automobile industry. The company’s involvement in manufacturing, selling, and servicing automobiles, as well as its presence in parts, components, and auto finance, positions it well for both domestic and international markets. While certain growth areas may need attention, the company’s solid financial footing and shareholder returns indicate a potentially favorable outlook for the future.
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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