Geely Auto (175) Earnings: February Vehicle Sales Soar to 204,910 Units with Strong EV Growth

Geely Auto on Smartkarma

On Smartkarma, Ming Lu‘s research on Geely Auto has been consistently positive. In a report titled, “Geely (175 HK): Deliveries Up by 32% in 2024 – BEV Supporting 2H24,” it was noted that Geely’s sales volume grew by 32% in 2024, with a further growth target of 25% set for 2025. With a bullish sentiment, the report highlighted the booming performance of Battery Electric Vehicles (BEV) in the second half of 2024, indicating a promising outlook for Geely in the overseas market.

Additionally, Ming Lu‘s analysis in another report, “Geely (175 HK): 3Q24, Revenue up by 20% and Operating Profit up by 129%,” showcased a strong performance by Geely in the third quarter of 2024. The company saw a 20% YoY revenue growth and a 19% YoY increase in deliveries. With an improved operating margin and a projected upside of 58%, the report painted a positive future for Geely, setting a price target of HK$22 by the end of 2025.

A look at Geely Auto Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Geely Auto, a passenger vehicles manufacturing company, shows promising long-term potential according to its Smartkarma Smart Scores. With a Growth score of 4 and a Resilience score of 4, Geely Auto seems well-positioned for future expansion and able to withstand market challenges. The Momentum score of 5 further indicates a strong upward trend in the company’s performance, suggesting positive developments on the horizon. While the Value and Dividend scores stand at 2, reflecting a moderate level in these areas, the higher scores in Growth, Resilience, and Momentum paint a favorable outlook for Geely Auto‘s long-term prospects.

In summary, Geely Auto, a company specializing in passenger vehicles manufacturing and sales, is rated highly in Growth, Resilience, and Momentum according to its Smartkarma Smart Scores. This indicates a positive trajectory for the company’s future performance and market standing. While aspects such as Value and Dividend receive more moderate scores, the overall outlook for Geely Auto appears optimistic, suggesting potential for sustained growth and resilience in the evolving automotive industry.

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