GWLLF - Great Wall Motor: Consider Both Growth And Profitability
2024-03-11 10:46:20 ET
Summary
- Great Wall Motor's 2024 year-to-date sales expanded strongly by +35% YoY, driven by New Energy Vehicles and foreign markets.
- But there are signs suggesting that price competition could affect GWLLF's margins in a negative way, considering its preliminary earnings estimates and third-party research.
- Taking into account both its revenue growth outlook and profitability prospects, I view a Hold rating for Great Wall Motor as fair.
Elevator Pitch
Great Wall Motor Company's ( GWLLF ) [2333:HK] stock is awarded a Hold investment rating. GWLLF calls itself "China’s largest SUV (Sport Utility Vehicle) and pickup manufacturer" on its LinkedIn page ....
Great Wall Motor: Consider Both Growth And Profitability