Earnings Alerts

Guangzhou Automobile Group (2238) Earnings Report: Vehicle Sales and NEV Sales Decline Y/Y

  • Guangzhou Auto reported their February vehicle sales to be 98,401 units.
  • This figure is a decrease from the previous year, showing a 39% drop in sales.
  • The company’s New Energy Vehicle (NEV) sales were reported at 14,383 units.
  • There was a significant decrease in NEV sales, showing a 55% decrease compared to the previous year.
  • The company has received 19 buys and 6 holds, with no sells reported.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

Guangzhou Automobile Group on Smartkarma

Guangzhou Automobile Group, a leading Chinese car manufacturer, has been receiving positive coverage from top independent analysts on Smartkarma, an independent investment research network. According to Travis Lundy, one of the analysts on the platform, the company’s A/H premium tracker has shown that the wide premia has narrowed, while narrow premia has widened. This indicates that it may be a good time to stay long on Hs compared to As, as they have been outperforming the latter by over 100 basis points.

Lundy also notes that both southbound and northbound flows have been selling, but liquid Hs with H/A pairs have been outperforming As on average. He believes that the recent liquidation by overseas investors may have come to an end, and there is still time to go long on Hs for the new year at 52-week wide discounts. This sentiment is also shared by another analyst on Smartkarma, who states that the company’s A/H premium monitor has reached new highs and has shown a positive performance in every sector.


A look at Guangzhou Automobile Group Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE4.0

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

The long-term outlook for Guangzhou Automobile Group looks promising, with the company receiving high scores in several key areas. According to Smartkarma’s Smart Scores, which rates companies on a scale of 1-5, Guangzhou Automobile Group has received a perfect score of 5 in both value and dividend. This indicates that the company is financially stable and offers attractive returns for investors.

In addition, the company has also received a score of 4 in resilience, indicating its ability to weather market fluctuations and economic downturns. This is an important factor for investors to consider when looking at the long-term prospects of a company. However, Guangzhou Automobile Group received a score of 3 in both growth and momentum, suggesting that while the company may not be experiencing significant growth at the moment, it still remains a solid investment option.

Based on the company’s description, Guangzhou Automobile Group is involved in various aspects of the automobile industry, including manufacturing, sales, and services. It also has a presence in the auto parts and components market, as well as offering finance and related services. With its strong financial standing, stable returns, and ability to withstand market fluctuations, Guangzhou Automobile Group may be a wise long-term investment for those interested in the automobile 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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