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Geely Automobile Holdings (HK:0175)
:0175
RESEARCH TOOLSreports
Earnings Data
Report Date
Jun 27, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.57Last Year’s EPS
2.82Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: -12.46%
|Next Earnings Date:Jun 27, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook for Geely Automobile, with significant growth in sales volume, revenue, and NEV sales. The company's strategic transformation towards new energy vehicles has begun to yield profitability, and there is a strong focus on R&D and technological advancements. However, challenges remain in the form of intense market competition and the need for further product optimization. Despite these challenges, the company is confident in its future growth and expansion plans.Company Guidance
During the 2024 Annual Results Conference of Geely Automobile Holdings Limited, the company reported significant growth metrics, including a 32% increase in sales volume, reaching 2.177 million units, and a 34% rise in total revenue, amounting to RMB 240.2 billion. The profit attributable to equity holders was RMB 16.6 billion, with extraordinary items excluded totaling RMB 8.5 billion. Geely's new energy vehicle (NEV) sales saw a notable 92% growth, selling 888,000 vehicles. The company's export volume grew by 57%, with exports accounting for 90% of sales. Geely's gross profit increased to RMB 38.2 billion, with a gross profit margin of 15.9%. The company also reported a reduction in sales and administrative expenses to 5.5% and 2%, respectively. Geely's R&D investment reached RMB 15.9 billion, accounting for 60.6% of sales revenue. The company's operating cash flow was RMB 26.5 billion, with a total cash level of RMB 40.9 billion at the end of 2024. Looking forward, Geely set a 2025 sales target of 2.71 million units, including 1.5 million NEVs and plans to launch 10 new NEV products. The company aims to reduce the R&D expense ratio to 6% and sales and administrative fees to 8% by 2026.Record-Breaking Sales Volume and Revenue Growth
In 2024, Geely Automobile achieved a sales volume of 2.177 million units, marking a 32% growth. The total revenue exceeded RMB 240.2 billion, representing a 34% increase from the previous year.
Significant Growth in New Energy Vehicle (NEV) Sales
NEV sales reached 888,000 units, a 92% increase, nearly doubling from the previous year. NEV penetration reached 58.6% in December 2024.
Strong Export Growth
Geely's exports reached 415,000 vehicles, growing by 57%. Export sales accounted for nearly 20% of total sales.
Strategic Transformation and Profitability
The company's strategic transformation led to NEVs turning profitable in Q4 2024. Net profit attributable to equity holders excluding extraordinary items reached RMB 8.52 billion, up 52% year-on-year.
R&D Investment and Technological Advancements
R&D investment reached RMB 15.9 billion, with a focus on intelligent strategy for NEVs. The average unit price rose to RMB 107,000 due to product structure optimization.
Promising Future Outlook
Geely aims for a sales target of 2.71 million units in 2025, with 1.5 million NEV sales. The company plans to launch 10 new NEV products in 2025.
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HK:0175 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HK:0175 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 20, 2025 | HK$17.98 | HK$18.24 | +1.45% |
| Nov 14, 2024 | HK$14.04 | HK$13.90 | -1.00% |
| Aug 21, 2024 | HK$7.87 | HK$7.88 | +0.13% |
| Jun 28, 2024 | HK$8.90 | HK$8.79 | -1.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Geely Automobile Holdings (HK:0175) report earnings?
Geely Automobile Holdings (HK:0175) is schdueled to report earning on Jun 27, 2025, TBA Not Confirmed.
What is Geely Automobile Holdings (HK:0175) earnings time?
Geely Automobile Holdings (HK:0175) earnings time is at Jun 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Geely Automobile Holdings stock?
The P/E ratio of Geely Automobile Holdings is N/A.
What is HK:0175 EPS forecast?
HK:0175 EPS forecast for the fiscal quarter 2025 (Q1) is 0.57.
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