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Guangzhou Automobile Group Co
(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 | 104.14B | 107.78B | 129.71B | 110.01B | 75.68B | 63.16B |
| Gross Profit | 3.35B | 7.18B | 9.76B | 8.22B | 6.41B | 4.37B |
| EBITDA | -5.29B | 8.51B | 10.42B | 14.38B | 13.31B | 11.14B |
| Net Income | -3.23B | 823.58M | 4.43B | 8.06B | 7.33B | 5.97B |
Balance Sheet | ||||||
| Total Assets | 212.67B | 232.46B | 218.39B | 190.02B | 154.20B | 142.81B |
| Cash, Cash Equivalents and Short-Term Investments | 41.98B | 54.18B | 56.01B | 43.74B | 27.26B | 30.10B |
| Total Debt | 25.89B | 29.82B | 22.06B | 20.61B | 17.28B | 16.35B |
| Total Liabilities | 94.96B | 110.68B | 93.99B | 67.77B | 61.60B | 56.15B |
| Stockholders Equity | 111.28B | 114.35B | 115.72B | 113.23B | 90.26B | 84.32B |
Cash Flow | ||||||
| Free Cash Flow | -12.94B | 59.36M | -4.85B | -13.36B | -11.83B | -9.47B |
| Operating Cash Flow | -10.77B | 10.92B | 6.73B | -5.35B | -5.59B | -2.89B |
| Investing Cash Flow | -10.58B | -11.75B | -2.47B | -3.83B | 1.65B | 468.81M |
| Financing Cash Flow | 8.98B | 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 |
|---|---|---|---|---|---|---|---|
72 Outperform | $172.75B | 8.87 | 17.60% | 1.95% | ― | ― | |
67 Neutral | HK$172.19B | 10.11 | 13.04% | 3.41% | 7.93% | -12.94% | |
64 Neutral | HK$74.08B | -10.58 | -3.15% | 1.35% | -8.79% | -212.16% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | HK$74.77B | -118.77 | -0.38% | 0.62% | 4.35% | 86.99% | |
55 Neutral | HK$14.59B | -20.31 | -1.14% | 4.98% | -6.72% | -130.82% | |
53 Neutral | HK$127.45B | -41.15 | -9.03% | ― | 86.21% | 51.50% |
Guangzhou Automobile Group Co Corporate Events
Guangzhou Automobile Group reported that its total vehicle production in January 2026 fell 4.77% year on year to 110,795 units, even as sales rose 18.47% to 116,622 units, signaling tighter inventories but stronger market demand. The group’s new energy vehicle segment was the standout, with NEV production up 42.82% and sales surging 162.90%, driven in particular by GAC Aion’s sharp sales growth, while traditional energy-efficient vehicles saw modest gains in sales and a small decline in output, and GAC Honda recorded steep drops in both production and sales, partially offset by robust performance at GAC Toyota, GAC Motor, and the new energy commercial vehicle unit, underscoring an ongoing shift in its portfolio toward electrification.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$4.00 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. 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.
Guangzhou Automobile Group Co., Ltd. held its first extraordinary general meeting of 2026 on 23 January in Guangzhou, with shareholders and proxies representing about 60.36% of the company’s voting share capital in attendance, satisfying PRC legal and corporate governance requirements. All resolutions proposed at the meeting were approved by poll, including the election of a new executive director and amendments to the rules for independent directors and to the management rules governing related party transactions, each receiving more than half of the votes cast and facing minimal opposition. The strong approval of these governance-related changes, alongside the formal appointment of an executive director, underscores continued shareholder support for the company’s board structure and internal control framework, and signals an ongoing effort to refine oversight of independent directors and related-party dealings as the group pursues its strategic and operational objectives.
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.
Guangzhou Automobile Group Co., Ltd. has announced the current composition of its board of directors and the allocation of roles across four key board committees. The board comprises two executive directors, five non-executive directors and four independent non-executive directors, with Chairman Feng Xingya leading the board and Xiao Shengfang and other independent directors chairing core committees such as audit, remuneration and assessment, nomination and strategy. The updated structure underscores the company’s emphasis on independent oversight and specialized governance in areas including audit, remuneration and strategic planning, which is likely aimed at strengthening corporate governance standards and enhancing transparency and accountability for shareholders and other stakeholders.
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.
Guangzhou Automobile Group reported that its total vehicle production in December 2025 fell 20.23% year on year to 165,302 units, while monthly sales dropped 33.82% to 187,453 units; for the full year 2025, production declined 8.98% to 1.74 million units and sales slid 14.06% to 1.72 million units, highlighting broad pressure on demand across its portfolio. Joint ventures showed mixed performance, with GAC Toyota posting modest full-year growth in both production and sales, contrasted by notable declines at GAC Honda, GAC Motor and GAC AION, though the company’s new energy vehicle production for the year still rose 2.88% and energy‑efficient vehicle output increased 4.50%, underscoring a gradual shift toward electrified and higher-efficiency models despite weaker overall volumes.
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.
Guangzhou Automobile Group Co., Ltd. has called its first extraordinary general meeting of 2026 for 23 January in Guangzhou, where shareholders will vote on the election of a director and amendments to the company’s rules for independent directors and its decision-making management rules for related-party transactions. The meeting arrangements also clarify proxy procedures, record date, voting by poll under Hong Kong listing rules, and separate notification practices for H-share and A-share holders, underscoring the group’s ongoing corporate governance updates and compliance with dual-listing regulatory requirements.
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.
Guangzhou Automobile Group Co., Ltd. has announced arrangements for its first extraordinary general meeting of 2026, which is scheduled to be held on 23 January 2026. The company has set 19 January 2026 as the record date for determining the eligibility of holders of its overseas listed H shares to attend and vote, requiring shareholders to complete share transfers and lodge relevant documents by 4:30 p.m. that day with its Hong Kong share registrar. Further details on the meeting’s venue and agenda will be provided in a forthcoming circular and formal notice, signalling routine but important corporate governance procedures for its international shareholder base.
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.
Guangzhou Automobile Group has revised and reissued its Implementation Rules for the Board’s Remuneration and Assessment Committee as of December 2025, aiming to further strengthen its remuneration management framework for directors and senior management and enhance corporate governance. The updated rules clarify the committee’s composition—three directors with a majority of independent directors, led by an independent convener whose term is aligned with the board—and formalize its mandate to set and review performance appraisal standards, design and supervise remuneration systems, and determine or recommend pay packages and incentive mechanisms by benchmarking against comparable enterprises. By codifying responsibilities such as annual performance assessments, oversight of remuneration implementation and establishment of transparent, formal procedures for pay policy, the company seeks to align director and executive compensation more closely with duties, performance and market norms, potentially improving accountability and transparency for investors and other stakeholders.
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.
Guangzhou Automobile Group has amended and reissued its implementation rules for the Board’s Nomination Committee, strengthening the framework for appointing directors and senior management in line with Chinese corporate law, domestic governance codes and the Hong Kong Listing Rules. The updated rules formalize the committee’s composition and gender diversity requirements, expand its mandate to include annual reviews of board size, skills mix, diversity, director independence and time commitment, and embed oversight of board diversity policy and continuous professional development, thereby tightening governance standards and limiting the ability of controlling shareholders to bypass the committee’s recommendations when proposing candidates.
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.
Guangzhou Automobile Group has revised and adopted new implementation rules for its Board Strategy Committee to better support the company’s long-term development and strengthen investment decision-making and corporate governance. The Strategy Committee, composed of six directors including at least one independent director, is tasked with researching and recommending the company’s long-term strategic plans, major investment and financing projects, and significant capital operations and asset management matters, as well as reviewing their implementation and submitting proposals to the board for approval. The rules clarify the committee’s composition, term of office, decision-making procedures, and its accountability to the board, aiming to enhance the efficiency, quality and scientific rigor of decisions on major corporate initiatives and thereby reinforce the company’s strategic management framework.
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.
Guangzhou Automobile Group Co., Ltd. has revised its Implementation Rules for the Board’s Audit Committee as of December 2025 to strengthen the committee’s supervisory role over financial reporting, internal and external audits, internal controls, risk management and compliance. The updated rules clarify the Audit Committee’s accountability to the board, formalize its authority to exercise functions traditionally held by a supervisory committee under PRC Company Law, and set detailed requirements on its composition, including a three-member structure of non-executive directors with a majority of independent directors and a professionally qualified accountant as convener. The measures are aimed at enhancing governance standards, improving transparency and audit quality, and ensuring the committee has sufficient expertise, independence and resources to meet rising regulatory expectations in both mainland China and Hong Kong, with potential benefits for investors and other stakeholders concerned about oversight and financial integrity.
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.
Guangzhou Automobile Group Co., Ltd. reported a decline in both production and sales volumes for November 2025, with production down by 9.71% and sales down by 9.72% compared to the previous year. The year-to-date figures also show a decrease, with production down by 7.62% and sales down by 10.80%. Despite the overall decline, the company saw an increase in the production and sales of new energy vehicles, indicating a shift towards more sustainable automotive solutions. This trend highlights the company’s strategic focus on expanding its presence in the new energy vehicle market, which could have significant implications for its future market positioning and stakeholder interests.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$4.50 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 change in its leadership, with Mr. Xia Xianqing appointed as the new general manager, succeeding Mr. Feng Xingya. Mr. Feng will continue as chairman, ensuring a separation of roles in line with corporate governance standards, which may enhance operational efficiency and strategic focus.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$3.50 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 connected transaction involving a capital increase agreement with Honda Motor, Honda China, and GAC Honda. This agreement will enlarge the registered capital of GAC Honda, enhancing its equity interest in Dongfeng Honda Engine from 50% to 100%. The transaction is expected to strengthen GAC Honda’s operational capabilities and market positioning, although it remains subject to certain conditions before becoming effective.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$3.50 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 decrease in both production and sales volumes for October 2025, with production down by 8.30% and sales down by 8.10% compared to the previous year. The company’s year-to-date figures also showed declines, with production and sales decreasing by 7.33% and 10.94%, respectively. Despite the overall downturn, the production and sales of new energy vehicles saw modest growth, indicating a shift in consumer preference and potential strategic focus for the company. This trend may impact the company’s future market positioning and stakeholder interests as it navigates the evolving automotive landscape.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.