- Guangzhou Automobile reported February sales numbers in early-March, and its performance was good with sales volume up +65% YoY and +443% YoY in February 2021 and 2M 2021, respectively.
- The company's FY2021 financial results will be dependent on the extent to which the strength of its Aion EV business can help to offset the weakness with its Trumpchi brand.
- Guangzhou Automobile trades at 7.1 times consensus forward FY 2021 P/E, and it offers a consensus forward FY 2021 dividend yield of 4.5%.
For further details see:
Guangzhou Automobile: Spotlight On February Sales And EV Brand Aion