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Zhejiang Leapmotor Technology Co., Ltd. Class H
(9863)
Zhejiang Leapmotor Technology Co., Ltd. Class H (9863) vs. iShares MSCI Hong Kong ETF (EWH)
Zhejiang Leapmotor Technology Co., Ltd. Class H Business Overview & Revenue Model
Zhejiang Leapmotor Technology Co., Ltd. Class H Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 32.16B | 16.75B | 14.40B | 3.77B | 709.39M |
| Gross Profit | 2.69B | 80.47M | -2.37B | -1.76B | -413.43M |
| EBITDA | -2.64B | -3.54B | -4.66B | -2.56B | -694.31M |
| Net Income | -2.82B | -4.22B | -5.94B | -3.43B | -1.24B |
Balance Sheet | |||||
| Total Assets | 37.65B | 28.45B | 21.63B | 15.32B | 3.88B |
| Cash, Cash Equivalents and Short-Term Investments | 20.72B | 15.47B | 10.98B | 8.53B | 733.13M |
| Total Debt | 2.71B | 2.75B | 6.56B | 2.77B | 3.42B |
| Total Liabilities | 27.58B | 15.96B | 11.90B | 6.08B | 4.26B |
| Stockholders Equity | 10.07B | 12.50B | 9.27B | 8.84B | -667.75M |
Cash Flow | |||||
| Free Cash Flow | 6.37B | -312.89M | -3.93B | -2.70B | -844.25M |
| Operating Cash Flow | 8.47B | 1.08B | -2.28B | -862.12M | -481.98M |
| Investing Cash Flow | -13.32B | -4.86B | -1.51B | -3.66B | -333.44M |
| Financing Cash Flow | -503.45M | 8.55B | 7.41B | 10.76B | 1.15B |
Zhejiang Leapmotor Technology Co., Ltd. Class H Technical Analysis
Zhejiang Leapmotor Technology Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $17.26B | 10.39 | -8.50% | 3.06% | 1.63% | -25.95% | |
54 Neutral | HK$83.83B | ― | -24.98% | ― | 89.72% | 40.14% | |
| ― | $25.00B | 8.69 | 24.35% | 0.78% | ― | ― | |
| ― | $23.93B | 9.06 | 15.09% | 2.26% | ― | ― | |
| ― | €25.53B | 25.76 | 12.25% | ― | ― | ― | |
54 Neutral | HK$143.08B | ― | -15.50% | ― | 49.80% | 50.02% | |
50 Neutral | HK$79.23B | ― | -239.29% | ― | 22.93% | 4.35% |
Zhejiang Leapmotor Technology Co., Ltd. Class H Corporate Events
Zhejiang Leapmotor Technology Co., Ltd. announced a change in the shareholding of its single largest group of shareholders. Hangzhou Mingzhao Shengye Enterprise Management Partnership L.P. will reduce its holdings of the company’s H shares on behalf of its limited partners, while maintaining a significant stake on behalf of Mr. Zhu Jiangming. This adjustment will not impact the 10-year lock-up commitment made by the company’s founders, ensuring stability in its ownership structure.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. has entered into a carbon dioxide credits transfer agreement with Stellantis subsidiaries, allowing the transfer of credits generated by the sale and registration of Leapmotor’s electric vehicles in Europe and the UK in 2025. This agreement, classified as a connected transaction, highlights Leapmotor’s strategic move to leverage its electric vehicle sales for carbon credits, potentially enhancing its market positioning and operational sustainability in the European and UK markets.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. held its Annual General Meeting on June 25, 2025, where all proposed resolutions, except one, were approved with overwhelming support. This includes key decisions on financial reports, profit distribution, and the appointment of auditors and supervisors, reflecting strong shareholder confidence and strategic alignment with its growth objectives.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. announced a change in its board of directors, with Mr. Grégoire Olivier continuing as a non-executive director due to changes in his personal circumstances, and Mr. Maxime Picat not being elected as previously proposed. Consequently, the company has withdrawn the related resolution from the agenda of its upcoming Annual General Meeting, while all other resolutions will proceed as planned.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. has announced its upcoming annual general meeting scheduled for June 25, 2025, where several key resolutions will be considered. These include the approval of various reports for the year 2024, such as the board of directors’ report, financial report, and environmental, social, and governance report. Additionally, the meeting will address resolutions regarding profit distribution, directors’ and supervisors’ remuneration, and the appointment of financial auditors and non-executive directors. Special resolutions will also be discussed, including joint liability guarantees for subsidiaries and distributors, and a mandate for the issuance of shares. This meeting is significant for stakeholders as it outlines the company’s strategic and financial direction for the coming year.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. announced changes in its board and supervisory positions. Mr. Grégoire Olivier has resigned as a non-executive director due to changes in his work arrangement, and Mr. Maxime Picat has been nominated to replace him, pending shareholder approval. Additionally, Mr. Wu Yefeng has resigned as chairman of the Board of Supervisors for personal career development reasons. Both outgoing members will continue their duties until their successors are appointed at the 2024 annual general meeting. These changes reflect a strategic shift in leadership that may influence the company’s future direction and governance.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. has announced its subscription to various wealth management products offered by SPD Bank, Industrial Bank, and CITIC Bank. These investments, which are principal guaranteed with floating returns, are part of the company’s financial strategy to manage its resources effectively. The move is likely to impact the company’s financial positioning by potentially enhancing its investment income, thereby supporting its operational and strategic objectives.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. reported a significant increase in revenue for Q1 2025, reaching RMB10,020 million, a 187.1% year-on-year growth. This growth is attributed to a 162.1% increase in sales and an optimized product portfolio. The company achieved a record gross margin of 14.9%, up from negative figures in the previous year, driven by increased sales volume, cost management, and product mix optimization. Despite a loss of RMB130 million, this was a substantial improvement from the previous year’s loss. Leapmotor’s vehicle deliveries also saw a remarkable rise, with over 87,552 units delivered in Q1 2025, marking it as the fastest-growing emerging auto brand in China. The launch of new models, such as the B10 and B01, equipped with advanced features and design awards, has strengthened Leapmotor’s market position and appeal to young customers.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
Zhejiang Leapmotor Technology Co., Ltd. has announced a board meeting scheduled for May 19, 2025, to approve and publish its first quarterly results for the period ending March 31, 2025. The company will host a conference call on the same day to discuss these results, providing an opportunity for investors to engage and ask questions, potentially impacting investor relations and market perception.
Zhejiang Leapmotor Technology Co., Ltd., through its subsidiary Lingsheng Powertech, has entered into a cooperation agreement with Peugeot Citroën to provide electric drive assembly development and testing services. This agreement, which involves connected transactions due to Stellantis’ stake in Leapmotor, signifies a strategic collaboration that could enhance Leapmotor’s industry positioning and influence in the electric vehicle market.