Great Wall Motor Co (2333) AI Stock Analysis

• Market Cap: HK$187.36B
• Dividend Yield: 3.36%
• Average Volume (3M): 19.96M
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.93
• Revenue Growth: 7.93%
• EPS Growth: -12.94%
• Country: HK
• Employees: 84,915
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): 0.30
• Shares Outstanding: 2,318,776,000
• 10 Day Avg. Volume: 19,284,869
• 30 Day Avg. Volume: 19,959,945
• PEG Ratio: 0.11
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 0.55
• P/FCF Ratio: 6.81
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$20.14
• Price Target Upside: 39.49% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: HK$17.00 ▲(17.73% Upside)

Great Wall Motor Co's strong financial performance is the most significant factor, reflecting solid revenue growth, profitability, and cash flow management. However, technical indicators suggest bearish momentum, which impacts the overall score. The stock's reasonable valuation and attractive dividend yield provide additional support.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and product adoption, supporting long-term business sustainability.

Cash Flow Management

Strong cash flow management enhances financial flexibility, enabling reinvestment and debt repayment, which supports long-term growth.

Profitability

Improved profitability margins indicate efficient cost management, enhancing the company's ability to generate sustainable profits.

Negative Factors

Debt Levels

Rising debt levels could strain financial resources, potentially impacting the company's ability to invest in growth and innovation.

Earnings Decline

Declining earnings per share may reflect challenges in maintaining profitability, which could affect investor confidence and future growth.

Debt Monitoring

While current leverage is manageable, ongoing debt increases necessitate careful monitoring to avoid potential financial instability.

Great Wall Motor Co Business Overview & Revenue Model

Company Description

Great Wall Motor Co., Ltd. is a prominent Chinese automotive manufacturer headquartered in Baoding, Hebei province. Established in 1984, the company specializes in the production of SUVs, pickup trucks, and electric vehicles. As one of the largest and most successful automotive companies in China, Great Wall Motor operates several well-known brands, including Haval, Great Wall, and WEY, catering to a diverse range of consumers both domestically and internationally. The company is committed to innovation and sustainability, driving advancements in automotive technology and expanding its electric vehicle offerings.

How the Company Makes Money

Great Wall Motor generates revenue primarily through the sale of vehicles, including SUVs, pickup trucks, and electric vehicles. The company has a diversified revenue model that includes both domestic and international sales, with a strong presence in the Chinese automotive market. Key revenue streams consist of direct vehicle sales, as well as after-sales services and parts. Additionally, Great Wall Motor has formed strategic partnerships with various technology firms to enhance its electric vehicle development, further driving revenue growth. Factors contributing to its earnings include a growing demand for SUVs and electric vehicles, strong brand recognition, and expanding distribution channels both within China and in overseas markets.

Great Wall Motor Co Financial Statement Overview

Summary

Great Wall Motor Co demonstrates solid financial health with strong revenue and profit growth, efficient cost management, and robust cash flow generation. The increase in debt requires monitoring, but the company's strong equity position and cash flow capabilities provide a buffer against potential financial challenges.

Income Statement

Great Wall Motor Co has shown impressive growth with a consistent increase in total revenue from 2019 to 2024. The gross profit margin and net profit margin have improved over the years, indicating enhanced efficiency and profitability. The EBITDA and EBIT margins are robust, reflecting the company's ability to manage its operational costs effectively. Revenue growth has been strong, particularly from 2023 to 2024, demonstrating a positive growth trajectory.

Balance Sheet

The company's balance sheet shows a healthy equity ratio, indicating a strong capital structure with a significant portion of total assets funded by equity. The debt-to-equity ratio is reasonable, suggesting manageable leverage levels. Return on equity has improved, highlighting the company's ability to generate profit from shareholder investments. However, there is a notable increase in total debt from 2022 to 2024, which could pose potential risks if not managed carefully.

Cash Flow

Great Wall Motor Co exhibits strong cash flow management with a significant increase in free cash flow from 2023 to 2024, reflecting its ability to generate cash after capital expenditures. The operating cash flow to net income ratio is healthy, indicating efficient conversion of net income into cash. The company has shown resilience in maintaining positive free cash flow, which supports potential reinvestment and debt repayment strategies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	215.44B	199.61B	173.21B	137.34B	136.40B	103.31B
Gross Profit	38.06B	38.78B	32.44B	26.60B	22.04B	17.78B
EBITDA	13.15B	16.05B	11.99B	16.06B	13.46B	11.25B
Net Income	11.11B	12.69B	7.02B	8.27B	6.73B	5.36B
Balance Sheet
Total Assets	241.49B	217.27B	201.27B	185.36B	175.41B	154.01B
Cash, Cash Equivalents and Short-Term Investments	56.01B	47.14B	50.01B	37.83B	39.09B	19.41B
Total Debt	52.76B	57.89B	57.93B	30.72B	21.48B	20.07B
Total Liabilities	147.03B	138.27B	132.76B	120.14B	113.28B	96.67B
Stockholders Equity	94.46B	78.99B	68.50B	65.20B	62.12B	57.34B
Cash Flow
Free Cash Flow	23.77B	16.05B	1.04B	―	22.22B	―
Operating Cash Flow	36.43B	27.78B	17.75B	12.31B	35.32B	5.18B
Investing Cash Flow	-38.03B	-23.30B	-10.45B	―	―	―
Financing Cash Flow	-10.25B	-12.18B	1.05B	―	―	11.37B

Great Wall Motor Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2333, the sentiment is Negative. The current price of 14.44 is below the 20-day moving average (MA) of 14.71, below the 50-day MA of 15.14, and above the 200-day MA of 14.22, indicating a neutral trend. The MACD of -0.21 indicates Negative momentum. The RSI at 41.15 is Neutral, neither overbought nor oversold. The STOCH value of 35.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2333.

Great Wall Motor Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2333	73 Outperform	HK$187.36B	10.43	13.04%	3.36%	7.93%	-12.94%
0175	72 Outperform	HK$181.81B	9.49	17.60%	1.95%	―	―
2238	64 Neutral	HK$78.96B	-11.65	-3.15%	1.35%	-8.79%	-212.16%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2015	59 Neutral	HK$133.33B	28.05	7.01%	―	-10.21%	-54.95%
9868	53 Neutral	HK$147.20B	-47.17	-9.03%	―	86.21%	51.50%
9866	39 Underperform	HK$87.54B	-3.41	-297.21%	―	14.73%	2.81%

Great Wall Motor Co Corporate Events

Great Wall Motor Proposes 2025 Employee Stock Ownership Plan

Great Wall Motor Company Limited has announced the proposed adoption of the 2025 Employee Stock Ownership Plan (ESOP), which aims to enhance corporate governance and promote sustainable development by aligning the interests of business partners and core management with the long-term value of the company. The ESOP is designed to motivate and retain key staff, with a focus on voluntary participation and compliance with legal regulations, and is subject to approval at the upcoming extraordinary general meeting.

Great Wall Motor Announces EGM to Discuss 2025 ESOP and Incentive Plans

Great Wall Motor Company Limited has announced an Extraordinary General Meeting (EGM) scheduled for December 23, 2025, to discuss and approve several key resolutions, including the 2025 Employee Stock Ownership Plan (ESOP) and related management measures. This meeting is significant for stakeholders as it addresses long-term incentive strategies and remuneration management, which could impact the company’s operational efficiency and market competitiveness.

Great Wall Motor Reports Strong November 2025 Sales Performance

Great Wall Motor Company Limited reported a positive production and sales performance for November 2025, with a total sales volume increase of 4.57% compared to the same period last year. Notably, the WEY model saw a significant year-over-year sales increase of 81.14%, while the company’s NEV sales reached 40,113 units in November. The announcement highlights the company’s strategic focus on boosting its NEV sales and expanding its international market presence, with overseas sales reaching 57,309 units for the month.

Great Wall Motor Reports Strong October 2025 Sales Growth

Great Wall Motor Company Limited announced its production and sales figures for October 2025, revealing a substantial increase in both areas compared to the previous year. The company reported a total sales volume of 143,078 units, marking a 22.50% year-on-year growth, with notable increases in the sales of its Haval, WEY, and Great Wall Pickup models. Overseas sales reached 57,158 units, while NEV sales achieved 46,155 units, highlighting the company’s strong performance and strategic focus on expanding its market presence and enhancing its product offerings.

Great Wall Motor Reports Q3 2025 Financial Results: Revenue Up, Profits Down

Great Wall Motor Company Limited announced its unaudited financial results for the third quarter of 2025, revealing a significant increase in total operating income by 20.51% compared to the same period last year. However, the company experienced a decline in total profit and net profit attributable to shareholders, with decreases of 21.25% and 31.23% respectively, indicating challenges in profitability despite revenue growth.

Great Wall Motor Schedules Board Meeting to Review Q3 Results

Great Wall Motor Company Limited has announced that its board of directors will meet on October 24, 2025, to review and approve the unaudited third quarterly results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.

Great Wall Motor Reports Strong September Sales Growth

Great Wall Motor Company Limited announced a significant increase in production and sales volumes for September 2025, with a total sales volume of 133,639 units, marking a 23.29% year-on-year growth. Notably, the WEY brand saw a remarkable 63.23% increase in sales compared to the previous year, while overseas sales reached 50,269 units in August, contributing to a cumulative total of 334,181 units over nine months. The announcement indicates strong performance in the company’s operations, reflecting positively on its market positioning and potential implications for stakeholders.

Great Wall Motor Announces Company Secretary Resignation and Transition

Great Wall Motor Company Limited announced the resignation of Ms. Ng Ka Man as Joint Company Secretary, effective 22 September 2025, following confirmation from the Stock Exchange that Ms. Li Hong Shuan is qualified to serve as the sole company secretary under the Listing Rules. Ms. Ng’s departure is amicable, with no disagreements with the Board, and the company expressed gratitude for her contributions, indicating a smooth transition in its corporate governance structure.