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GWLLF - Great Wall Motor: New Product Cycle Drove Share Price Surge
Great Wall Motor Co. Ltd.
Great Wall Motor's share price surged by +179% year-to-date, which is mainly attributable to the market's optimism with regards to the company's new product cycle.
Also, Great Wall Motor has yet to gain a firm foothold in the electric vehicle market, as compared to the company's market leadership in the SUV and pick-up truck segments.
Great Wall Motor trades at 17.7 times consensus forward FY 2021 P/E, and it offers a consensus forward FY 2021 dividend yield of 2.5%.