Great Wall Motor Co., Ltd.

In the news

No rooms for Chinese travelers: Indian hotel body issues a ban Jul 7, 2020
China-India border tensions spark trade friction in 5G and autos Jun 29, 2020
Ramadan begins, SGX results and rural India reopens Apr 19, 2020
Renault pulls out of China joint venture as auto outlook darkens Apr 14, 2020
Asian equities tumble as coronavirus spreads outside China Feb 24, 2020

See more articles on Great Wall Motor Co., Ltd.

Company Background

Great Wall Motor is a privately-run Chinese automaker headquartered in Hebei Province. It is among the top three privately-run Chinese automakers, along with Zhejiang Geely Holding Group and Chery Automobile.

Founded in 1984, Great Wall Motor has mainly produced sport utility vehicles and pick-up trucks. It recently launched a line of passenger cars as well. The company went public on the Hong Kong stock exchange in 2003 and got listed on the Shanghai Stock Exchange in 2011.

The automaker has about 60,000 employees on its payroll and operates four domestic plants in China. It has ramped up sales of the Great Wall series of SUVs as well as pickup trucks over the years. The company's annual domestic sales came to about 700,000 units in 2014.

Great Wall Motor started exporting vehicles in 1998. Russia, Chile and South Africa are its main export destinations. The company plans to build a new SUV plant in Thailand.

Wei Jianjun serves as Great Wall Motor's chairman and is referred to as a "military man" due to his strict management style. As such, he strictly supervises production management at its auto plants, research and development as well as sales and marketing strategies.

The company has achieved growth without forming partnerships with major foreign carmakers. It is now trying to develop eco-friendly vehicles, such as plug-in hybrids.

Business Summary

Great Wall Motor Co., Ltd. engages in the design, development, production, sale, and distribution of automobiles. The firms products include sport utility vehicles, cars, pickups, and car-related automotive. Its brands include HAVAL, WEY, ORA, and GWM PICKUP. The company was founded on August 30, 1984 and is headquartered in Baoding, China.

Financial Highlights

Dec 2019	HKD	USD
Revenue	105,501.95M	13,465.12M
Gross Profit	14,469.36M	1,846.71M
Operating income	4,739.31M	604.87M
Income before tax	5,439.22M	694.20M
Net income	5,099.08M	650.79M
EBITDA	9,970.96M	1,272.58M
Diluted EPS	0.55	0.07
Dividends Per Share	0.27	0.03
Total Assets	126,509.12M	16,236.18M
Total liabilities	63,205.35M	8,111.77M
Total equity	60,850.72M	7,809.58M
Operating cash flow	15,961.58M	2,037.16M
	Currency in HKD	Currency in USD

Historical Data

HKD | USD

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019
Revenue	90,225.23M	110,746.09M	112,153.61M	113,236.87M	105,501.95M
Gross Profit	19,923.14M	23,608.54M	17,323.73M	16,094.64M	14,469.36M
Operating income	11,531.64M	14,470.37M	6,477.23M	6,575.41M	4,739.31M
Income before tax	11,941.00M	14,585.43M	7,187.15M	7,671.79M	5,439.22M
Net income	9,941.03M	12,328.16M	5,796.91M	6,167.82M	5,099.08M
EBITDA	13,975.55M	17,463.60M	10,167.04M	11,173.64M	9,970.96M
Diluted EPS	1.08	1.35	0.63	0.67	0.55
Dividends Per Share	0.32	0.39	0.21	0.33	0.27
Total Assets	85,849.26M	103,138.75M	132,705.71M	127,492.39M	126,509.12M
Total liabilities	38,021.79M	48,466.97M	71,810.59M	65,033.62M	63,205.35M
Total equity	45,748.11M	52,764.03M	58,983.31M	59,897.06M	60,850.72M
Operating cash flow	12,510.98M	10,366.51M	-1,083.66M	23,574.80M	15,961.58M

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019
Revenue	11,638.10M	14,266.88M	14,391.92M	14,448.00M	13,465.12M
Gross Profit	2,569.87M	3,041.37M	2,223.03M	2,053.53M	1,846.71M
Operating income	1,487.46M	1,864.14M	831.18M	838.96M	604.87M
Income before tax	1,540.26M	1,878.97M	922.27M	978.85M	694.20M
Net income	1,282.28M	1,588.17M	743.87M	786.95M	650.79M
EBITDA	1,802.69M	2,249.75M	1,304.66M	1,425.65M	1,272.58M
Diluted EPS	0.14	0.17	0.08	0.08	0.07
Dividends Per Share	0.04	0.05	0.02	0.04	0.03
Total Assets	11,077.10M	13,302.81M	16,975.90M	16,283.90M	16,236.18M
Total liabilities	4,905.94M	6,251.26M	9,186.11M	8,306.38M	8,111.77M
Total equity	5,902.86M	6,805.49M	7,545.22M	7,650.32M	7,809.58M
Operating cash flow	1,613.78M	1,335.46M	-139.05M	3,007.93M	2,037.16M

Valuation Measures

Dec 2019
PER	10.30
ROA	4.01%
ROE	8.44%
Operating margin	4.49%
Profit margin	4.83%

Key executives

Vice Chairman & General Manager: Feng Ying Wang
Chief Financial Officer: Hong Shuan Li
Deputy General Manager: Guo Qing Zhao
Securities Representative: Yong Jun Chen
Board Secretary: Hui Xu

Shareholders

The Vanguard Group, Inc. (3.7%)
Dimensional Fund Advisors LP (1.7%)
BlackRock Fund Advisors (1.6%)
Fiera Capital, Inc. (1.5%)
Rothschild Asset Management SCS (1.4%)
BlackRock Investment Management (UK) Ltd. (1.2%)
WEI JIAN JUN (1.2%)
First State Investments (Hong Kong) Ltd. (1.2%)
FIL Investment Management (Hong Kong) Ltd. (0.8%)
BNP Paribas Asset Management Asia Ltd. (0.5%)

Contact Details

Website:http://www.gwm.com.cn
Phone: +86.312.2196670

Related Companies

Haval Motor India Pvt Ltd.
Chongqing Great Wall Motor Co. Ltd.
Beijing Wanli Friendship Information Consulting Co. Ltd.
Hebei Xiong'an Oula Sharing Technology Co., Ltd.
Xiamen Great Wall Auto Sales Co., Ltd.
Guangzhou Great Wall Auto Sales Co., Ltd.
Tianjin Haval Insurance Brokers Co., Ltd.
Beijing Forever Peace Information Consulting Co., Ltd.
American Haval Asset Management LLC
American Haval Motor Co.
Haval Financial Leasing Co., Ltd.
Shenzhen Haval Auto Sales Co., Ltd.
Great Wall India Research & Development Pvt Ltd.
Great Wall Motor Europe Technical Center GmbH
Great Wall Japan Motor Co., Ltd.
Scrap Recycling & Dismantling Co., Ltd.
Haval Insurance Brokers Co., Ltd.
Haval Logistics Co., Ltd.
Haval Motors SA Pty Ltd.
Haval Motor Manufacturing Rus LLC
Australia Sinyos Technology & Trade Pty Ltd.
Tianjin Great Wall Binyin Automotive Finance Co., Ltd.
Haval Motor Rus LLC
HAVAL Motors Australia Pty Ltd.
Shanghai Haval Automotive Technology Ltd. Co.
Haval Automotive Rental Co., Ltd.
Beijing Great Wall Dong Sheng Business Consulting Co., Ltd.
Baoding Weiyi Automobile Co., Ltd.
Baoding Great Wall Resource Recycling Co., Ltd.
Ningxia Great Wall Automobile Leasing Co., Ltd.

Competitors

Guangzhou Automobile Group Co., Ltd. Class H
Beiqi Foton Motor Co., Ltd. Class A
Maruti Suzuki India Limited
SAIC Motor Corporation Limited Class A
Tata Motors Limited
Geely Automobile Holdings Limited
Toyota Motor Corp.
BAIC Motor Corporation Limited Class H
Brilliance China Automotive Holdings Limited
Volkswagen AG Pref
Hyundai Motor Company
General Motors Company
BYD Company Limited Class H
KIA Motors Corporation
Nissan Motor Co., Ltd.
Dongfeng Motor Group Co., Ltd. Class H
Jiangling Motors Co., Ltd. Class B
Anhui Jianghuai Automobile Group Corp., Ltd. Class A
Fiat Chrysler Automobiles N.V.
Renault SA
Honda Motor Co., Ltd.
Mahindra & Mahindra Ltd.
AvtoVAZ PJSC
Liaoning SG Automotive Group Co. Ltd. Class A
Isuzu Motors Limited
Dongfeng Automobile Co., Ltd. Class A
Hualing Xingma Automobile (Group) Co., Ltd. Class A

Last Updated on 14 Jul, 2020