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Guangzhou Automobile Group Co
(OTC:2238)
Guangzhou Automobile Group Co (2238) vs. iShares MSCI Hong Kong ETF (EWH)
Guangzhou Automobile Group Co Business Overview & Revenue Model
Guangzhou Automobile Group Co Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 106.10B | 107.78B | 129.71B | 110.01B | 75.68B | 63.16B | Gross Profit |
| 5.63B | 7.18B | 9.76B | 8.22B | 6.41B | 4.37B | EBIT |
| -3.06B | -819.53M | 3.28B | 11.76B | 7.15B | 5.64B | EBITDA |
| -2.41B | 8.51B | 10.42B | 14.38B | 13.31B | 11.14B | Net Income Common Stockholders |
| -1.13B | 823.58M | 4.43B | 8.06B | 7.33B | 5.97B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 40.41B | 54.18B | 56.01B | 43.74B | 27.26B | 30.10B | Total Assets |
| 213.13B | 232.46B | 218.39B | 190.02B | 154.20B | 142.81B | Total Debt |
| 25.70B | 29.82B | 22.06B | 20.61B | 17.28B | 16.35B | Net Debt |
| -12.66B | -21.80B | -26.83B | -18.92B | -6.75B | -12.15B | Total Liabilities |
| 92.69B | 110.68B | 93.99B | 67.77B | 61.60B | 56.15B | Stockholders Equity |
| 113.38B | 114.35B | 115.72B | 113.23B | 90.26B | 84.32B |
| Cash Flow | Free Cash Flow | ||||
| -4.56B | 59.36M | -4.85B | -13.36B | -11.83B | -9.47B | Operating Cash Flow |
| 8.77B | 10.92B | 6.73B | -5.35B | -5.59B | -2.89B | Investing Cash Flow |
| -9.39B | -11.75B | -2.47B | -3.83B | 1.65B | 468.81M | Financing Cash Flow |
| 252.82M | 2.21B | 4.07B | 24.28B | 72.84M | -1.79B |
Guangzhou Automobile Group Co Technical Analysis
Guangzhou Automobile Group Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $164.77B | 7.36 | 24.35% | 2.04% | ― | ― | |
70 Neutral | $178.28B | 8.41 | 14.58% | 2.64% | 5.32% | 10.61% | |
62 Neutral | $6.82B | 11.05 | 2.80% | 4.32% | 2.67% | -24.92% | |
60 Neutral | HK$69.63B | 32.64 | -0.98% | 1.54% | -18.42% | -82.40% | |
58 Neutral | HK$137.65B | ― | -15.50% | ― | 49.80% | 50.02% | |
58 Neutral | $15.79B | 15.24 | 1.66% | 7.24% | -4.64% | -69.72% | |
46 Neutral | $28.39B | 452.63 | 0.04% | 1.35% | 5.05% | ― |
Guangzhou Automobile Group Co Corporate Events
Guangzhou Automobile Group Co., Ltd. reported a decline in both production and sales volumes for May 2025, with a notable year-on-year decrease of 8.16% in production and 24.80% in sales. Despite the overall downturn, the company saw growth in energy-efficient vehicle production and sales, highlighting a strategic shift towards more sustainable automotive solutions.
The most recent analyst rating on (HK:2238) stock is a Sell with a HK$1.00 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.
Guangzhou Automobile Group Co., Ltd. held its 2024 Annual General Meeting on May 23, 2025, where all proposed resolutions were approved by shareholders. The meeting included the declaration of the final dividend for the year ended December 31, 2024, and addressed the withholding and payment of taxes for non-resident enterprise holders and individual holders of overseas H shares. The AGM was conducted in compliance with the relevant legal and regulatory requirements, and the resolutions were passed by a significant majority of the voting shareholders.
The most recent analyst rating on (HK:2238) stock is a Sell with a HK$1.00 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.
Guangzhou Automobile Group Co., Ltd. announced a final cash dividend of RMB 0.02 per share for the financial year ending December 31, 2024, with shareholders’ approval obtained on May 23, 2025. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.08738, and is subject to withholding tax rates of 10% for non-resident enterprises and individuals, and 20% for Southbound Trading investors. This announcement reflects the company’s commitment to returning value to shareholders while adhering to tax regulations, potentially impacting investor sentiment and market positioning.
The most recent analyst rating on (HK:2238) stock is a Sell with a HK$1.00 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.
Guangzhou Automobile Group Co., Ltd. reported a significant decline in both production and sales volumes for April 2025, with a 25.74% decrease in production and a 12.66% drop in sales compared to the previous year. Despite the overall downturn, the company saw a slight increase in the sales of new energy vehicles, reflecting a strategic shift towards more sustainable automotive solutions.
Guangzhou Automobile Group Co., Ltd. has announced its 2024 Annual General Meeting, scheduled for May 23, 2025, where shareholders will consider and vote on several resolutions, including the 2024 annual report, financial report, and profit distribution proposal. The meeting will also address the appointment of auditors and related party transactions, reflecting the company’s commitment to transparency and strategic planning, which could impact its operational efficiency and stakeholder relations.
Guangzhou Automobile Group Co., Ltd. reported a significant decline in its financial performance for the first quarter of 2025. The company’s revenue from operations decreased by 7.95% compared to the same period last year, and it recorded a net loss attributable to shareholders of RMB 731.6 million, a stark contrast to the profit of RMB 1.22 billion in the previous year. The net cash flow from operating activities also worsened, indicating financial challenges that could impact its market positioning and stakeholder confidence.
Guangzhou Automobile Group Co., Ltd. has announced that its board of directors will convene on April 25, 2025, to review and approve the unaudited financial results for the first quarter ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and market positioning.
In March 2025, Guangzhou Automobile Group Co., Ltd. reported a production volume of 188,863 vehicles, marking a 17.65% increase year-on-year, while the accumulated production for the year rose by 2.09%. However, the sales volume for the same month decreased by 3.01% to 173,929 units, with a year-to-date decline of 9.42%. The mixed results reflect challenges in the market, particularly in sales, despite growth in production, especially in energy-efficient vehicles, which saw a significant increase in production volume.
Guangzhou Automobile Group Co., Ltd. held its 2025 second extraordinary general meeting on March 28, 2025, where the election of a new session of the board of directors took place. The meeting, which complied with PRC Company Law and Hong Kong Listing Rules, resulted in the approval of all proposed resolutions, including the election of Mr. Feng Xingya as an executive director and several others as non-executive directors. This election is significant for the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder relations.
Guangzhou Automobile Group Co., Ltd. has announced the composition of its board of directors, detailing the roles and functions of each member. This update includes the appointment of Feng Xingya as the Chairman and outlines the membership of various board committees, which could influence the company’s strategic direction and governance.
Guangzhou Automobile Group Co., Ltd. has announced its consolidated financial results for the year ending December 31, 2024, showing a significant decrease in revenue and profit compared to the previous year. The company reported a revenue of RMB 107.78 billion and a net loss of RMB 494.05 million, attributing the decline to increased selling and administrative costs, as well as net impairment losses on financial assets. Despite these challenges, the company managed to achieve other net gains and a share of net profit from joint ventures and associates, highlighting its efforts to navigate a difficult market environment.
Guangzhou Automobile Group Co., Ltd. announced a final cash dividend of RMB 0.02 per share for the financial year ending December 31, 2024. The company will withhold income tax at varying rates for different categories of shareholders, with further details to be announced. This dividend declaration reflects the company’s financial performance and its commitment to returning value to shareholders, potentially impacting investor sentiment and the company’s market positioning.
Guangzhou Automobile Group Co., Ltd. has announced the signing of new agreements for the provision of logistics services related to vehicle products and components with its joint venture partners, including subsidiaries of Toyota and Honda. These agreements, effective from January 1, 2025, to December 31, 2027, represent continuing connected transactions under Hong Kong’s Listing Rules. The transactions have been approved by the company’s board and are deemed to be on normal commercial terms, exempting them from independent shareholders’ approval. The Stock Exchange has granted waivers regarding certain reporting requirements, allowing the company to continue these logistics services without setting aggregate annual caps or disclosing total annual consideration in its reports.
Guangzhou Automobile Group Co., Ltd. has announced a board meeting scheduled for March 28, 2025, to discuss and approve the company’s final results for the year ending December 31, 2024. The meeting will also consider the recommendation for a final dividend, reflecting the company’s ongoing financial strategies and potential shareholder returns.