China Specialist, Auto and Industrial Specialist

Victoria Li

20 years experience as sell side analyst focusing on China's Industrial and Auto sectors

Geely: Challenging Year Ahead, Share Price Reflects That

Geely: Challenges from New EVs Are Limited

Geely: Short-Term Pain, Zeekr Still the Key to Long-Term Peformance

Equity Bottom-Up

<ul>
<li>Sector headwinds including supply chain shortage and business interruptions from Covid lockdown is easing.</li>
<li>More new models in pipeline to drive sales volumes and earnings in 2023E</li>
<li>Valuation re-rating would be triggered with earning recovery, consensus estimate upgrades, Zeekr ramping up and potentially Zeekr spin off.</li>
</ul>


Sector headwinds including supply chain shortage and business interruptions from Covid lockdown is easing.
More new models in pipeline to drive sales volumes and earnings in 2023E
Valuation re-rating would be triggered with earning recovery, consensus estimate upgrades, Zeekr ramping up and potentially Zeekr spin off.


Geely - '22 Target Miss Already in Expectations, Catalysts for '23

Geely Auto

Geely - '22 Target Miss Already in Expectations, Catalysts for '23