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Guangzhou Automobile Group Co ( (HK:2238) ) has provided an update.
Guangzhou Automobile Group Co., Ltd. has warned that it expects to post a substantial net loss attributable to shareholders of between RMB 8 billion and RMB 9 billion for 2025, compared with a profit of RMB 823.58 million in 2024, while the loss after deducting non-recurring items is projected at RMB 8.9 billion to RMB 9.9 billion versus a smaller loss a year earlier. The automaker cites intense industry competition, weaker-than-expected full-year sales despite a pick-up from the second quarter, heavier sales investments, and larger asset impairment provisions on intangible assets, inventories and joint ventures tied to its accelerated shift into new energy models, all of which are expected to significantly weigh on profitability and signal the financial strains of the sector’s rapid restructuring for shareholders and investors.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.
More about Guangzhou Automobile Group Co
Guangzhou Automobile Group Co., Ltd. is a Chinese automotive manufacturer listed in Hong Kong, operating through a group structure that includes self-owned brands and joint ventures. The company competes in an increasingly crowded automobile market, with a growing strategic focus on new energy vehicles and related product restructuring as the industry rapidly shifts toward electrification and updated production lines.
Average Trading Volume: 34,205,961
Technical Sentiment Signal: Hold
Current Market Cap: HK$76.42B
Learn more about 2238 stock on TipRanks’ Stock Analysis page.