- Great Wall Motor has reported a stronger than expected net income for the first quarter of 2024. The net income stands at 3.23 billion yuan, which is significantly higher than the estimated 1.13 billion yuan.
- The company’s revenue is also higher than the anticipated estimate. The actual revenue is 42.86 billion yuan whereas the estimate was for 41.7 billion yuan.
- The Earnings per Share (EPS) for Great Wall Motor is 38 RMB cents.
- The majority of analysts are positive about the company’s financial performance with 25 recommending to buy, 7 recommending to hold and none recommending to sell.
Great Wall Motor on Smartkarma
Analyst coverage of Great Wall Motor on Smartkarma highlights various insights and sentiments from top independent analysts. Travis Lundy‘s research on RMB Dual Counter Trading examines the approval of HK-listed RMB Dual Counter stocks for southbound eligibility, with potential impacts on investor flows and H/A pairs. Additionally, Lundy’s analysis of A/H Premium Trackers reveals trends such as wide AH premia and recent fluctuations in southbound and northbound flows.
Another analyst, Ming Lu, provides insights on China Consumption Weekly, noting the strong growth of small companies like Tuniu and Kanzhun, and highlighting Weibo’s decreased advertising revenue. The coverage sheds light on recent developments within the company, including denial of employee resignations and fluctuations in advertising revenue amidst a recovering ad market.
A look at Great Wall Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
Great Wall Motor, a company known for manufacturing pick-up trucks and SUVs in China, has received positive Smartkarma Smart Scores across various key factors. With strong scores in Value, Dividend, and Growth, the company seems to be positioned well for long-term success. A high Momentum score further indicates a robust trend in the company’s stock performance, potentially signaling continued growth opportunities.
Although Great Wall Motor scores slightly lower in Resilience, the overall outlook appears optimistic based on its favorable ratings in other areas. As the company continues to focus on manufacturing vehicles and automotive components, investors may view Great Wall Motor as a promising prospect with solid fundamentals and growth potential in the competitive automotive industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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