Buy Rating Affirmed for Great Wall Motor Co. With Growth and Profitability in Focus

TipRanksJul 12 06:06 ET

China's 2024 NEV Sales Expected to Reach 11.5 Million, Says CAAM Secretary-general

A total of 11.5 million units means that China's NEV sales will exceed the 10 million mark for the first time in 2024, representing a growth rate of 22 percent. For details, please visit CnEVPost.

CnEVPostJul 11 23:52 ET

Great Wall Motor (HKG:2333) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know

Simply Wall StJul 11 23:37 ET

Bocom International maintains a "buy" rating for Great Wall Motor (02333) and raises the target price to HK$16.3.

Bocom Intl has raised its earnings forecast for Great Wall Motor (02333) by 65.5%/77.8% for the next two years.

Zhitong FinanceJul 11 22:29 ET

[Brokerage Spotlight] Bocom Int'l upgrades Great Wall Motor (02333) target price by 33% due to strong Q2 earnings and continuous improvement in exports and product structure.

According to the research reports published by Bocom Intl, Great Wall Motor (02333) announced its performance forecast for the first half of 2024. It is expected that the net income attributable to the parent company will be between RMB 6.5 billion to 7.3 billion, a year-on-year increase of 377.5% to 436.3%. The non-net profit was between RMB 5 billion to 6 billion, a year-on-year increase of 567.1% to 700.6%. Calculated based on the median of the performance forecast, the net income/adjusted net income attributable to the parent company of Great Wall Motor in the second quarter is RMB 3.67 billion /3.47 billion, an increase of 13.8%/71.7% respectively compared to the previous quarter. Although the sales volume of Great Wall Motor in the first half of the year was stable,

金吾財訊Jul 11 21:02 ET

Cui Dongshu: Consumption upgrade drives a significant increase in the proportion of high-end car sales.

Zhicheng Financial APP learned that on July 11th, Cui Dongshu released an analysis of the market structure of passenger vehicle price segments.

Zhitong FinanceJul 11 04:35 ET