Earnings Alerts

Guangzhou Automobile Group (2238) Earnings: September Vehicle Sales Drop 25% Year-on-Year

  • Guangzhou Auto sold a total of 182,626 vehicles in September 2024.
  • This sales figure represents a 25% decrease compared to the same month last year.
  • Sales of New Energy Vehicles (NEVs) reached 46,896 units, down 19% year-on-year.
  • Market analysts have varying opinions on Guangzhou Auto’s stock: 12 recommend buying, 11 suggest holding, and 1 advises selling.
  • The sales data comparisons are based on the company’s original disclosures from previous years.

Guangzhou Automobile Group on Smartkarma


Analyst coverage of Guangzhou Automobile Group on Smartkarma has shown mixed sentiments. Travis Lundy‘s recent report, “A/H Premium Tracker (To 6 Sep 2024),” highlights that H-shares have been underperforming A-shares, with limited catalysts for improvement due to economic and geopolitical uncertainties. On the other hand, Lundy’s earlier report, “A/H Premium Tracker (To 9 Aug 2024),” suggests a more positive outlook, anticipating improvements in H-share performance based on market trends and historical data.

Additionally, Ming Lu‘s insights in “China Consumption Weekly (24 Jun 2024)” provide a broader perspective on the industry landscape, with updates on companies like Kuaishou, Bilibili, and GAC Honda. It is evident that analyst coverage on Smartkarma offers a comprehensive view of various factors influencing Guangzhou Automobile Group‘s performance, helping investors make informed decisions based on different analysts’ perspectives.



A look at Guangzhou Automobile Group Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE4.2

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., a company known for manufacturing, selling, and servicing automobiles and related components, has received positive marks across several key areas according to Smartkarma Smart Scores. With top scores in both value and dividend, indicating strong financial health and investor-friendly payouts, the company shows stability and attractiveness for potential investors. Additionally, scoring well in resilience and momentum, Guangzhou Automobile Group demonstrates a solid ability to weather market challenges and maintain positive stock performance over time.

Looking towards the long-term outlook for Guangzhou Automobile Group based on the provided Smart Scores, the company presents a promising picture with its overall positive assessment. While showing slightly lower scores in growth compared to other factors, the company’s strengths in value, resilience, and momentum bode well for its future trajectory in the automotive industry. As Guangzhou Automobile Group continues to expand its reach in both domestic and international markets, investors may find the company’s solid standing in key areas an encouraging sign of its potential for sustained 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.
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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