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Great Wall Motor Co., Ltd.
- 4.85 HKD
- +0.06
- +1.25%
China
Nov 15, 2018Ticker
HKG(2333)Prev. close
4.79Market cap (HKD)
58,404.19MMarket cap (USD)
7,458.28MShares
9,127.26M
In the news
- Alibaba and Tencent chiefs among China's '100 entrepreneurs' Oct 26, 2018
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- Nikkei Asia300 clocks weekly gain as tech shares rally May 11, 2018
- Time for international carmakers to change partners in China? May 11, 2018
- Nikkei Asia300 Index flat on US U-turn on Iran nuclear deal May 9, 2018 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
Financial Highlights
| Dec 2017 | HKD | USD |
| Revenue | 112,153.61M | 14,391.92M |
| Gross Profit | 17,431.67M | 2,236.89M |
| Operating income | 6,532.10M | 838.22M |
| Income before tax | 7,187.15M | 922.27M |
| Net income | 5,796.91M | 743.87M |
| EBITDA | 10,113.97M | 1,297.85M |
| Diluted EPS | 0.63 | 0.08 |
| Dividends Per Share | 0.21 | 0.02 |
| Total Assets | 132,705.71M | 16,975.90M |
| Total liabilities | 71,810.59M | 9,186.11M |
| Total equity | 58,983.31M | 7,545.22M |
| Operating cash flow | -1,083.66M | -139.05M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 69,050.40M | 75,911.34M | 90,225.23M | 110,746.09M | 112,153.61M |
| Gross Profit | 17,793.53M | 18,735.55M | 19,923.14M | 23,702.64M | 17,431.67M |
| Operating income | 12,045.27M | 11,480.32M | 11,515.35M | 14,545.04M | 6,532.10M |
| Income before tax | 12,501.58M | 12,107.14M | 11,941.00M | 14,585.43M | 7,187.15M |
| Net income | 10,375.92M | 10,120.50M | 9,941.03M | 12,328.16M | 5,796.91M |
| EBITDA | 13,514.78M | 13,599.64M | 13,959.25M | 17,444.17M | 10,113.97M |
| Diluted EPS | 1.13 | 1.10 | 1.08 | 1.35 | 0.63 |
| Dividends Per Share | 0.34 | 0.33 | 0.32 | 0.39 | 0.21 |
| Total Assets | 67,376.32M | 76,689.33M | 85,849.26M | 103,061.33M | 132,705.71M |
| Total liabilities | 29,253.29M | 32,689.48M | 38,021.79M | 48,496.05M | 71,810.59M |
| Total equity | 35,856.75M | 41,814.01M | 45,748.11M | 52,764.03M | 58,983.31M |
| Operating cash flow | 11,459.15M | 7,687.87M | 12,510.98M | 10,366.51M | -1,083.66M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 8,902.10M | 9,789.09M | 11,638.10M | 14,266.88M | 14,391.92M |
| Gross Profit | 2,293.97M | 2,416.03M | 2,569.87M | 3,053.49M | 2,236.89M |
| Operating income | 1,552.89M | 1,480.43M | 1,485.35M | 1,873.76M | 838.22M |
| Income before tax | 1,611.72M | 1,561.26M | 1,540.26M | 1,878.97M | 922.27M |
| Net income | 1,337.68M | 1,305.08M | 1,282.28M | 1,588.17M | 743.87M |
| EBITDA | 1,742.34M | 1,753.73M | 1,800.59M | 2,247.24M | 1,297.85M |
| Diluted EPS | 0.14 | 0.14 | 0.14 | 0.17 | 0.08 |
| Dividends Per Share | 0.04 | 0.04 | 0.04 | 0.05 | 0.02 |
| Total Assets | 8,689.51M | 9,889.20M | 11,077.10M | 13,292.83M | 16,975.90M |
| Total liabilities | 3,772.79M | 4,215.36M | 4,905.94M | 6,255.01M | 9,186.11M |
| Total equity | 4,624.44M | 5,391.98M | 5,902.86M | 6,805.49M | 7,545.22M |
| Operating cash flow | 1,477.33M | 991.38M | 1,613.78M | 1,335.46M | -139.05M |
Valuation Measures
| Dec 2017 | |
| PER | 14.11 |
| ROA | 4.91% |
| ROE | 10.37% |
| Operating margin | 5.82% |
| Profit margin | 5.16% |
Key executives
- Vice Chairman & General Manager: Feng Ying Wang
- Chief Financial Officer & Deputy General Manager: Feng Zhen Li
- Deputy General Manager: Chun Lai Zheng
- Deputy General Manager: Shu Jie Hu
- Deputy General Manager: Jian Jun Hao
Shareholders
- The Vanguard Group, Inc. (3.5%)
- UBS AG (Investment Management) (3.0%)
- BlackRock Fund Advisors (2.0%)
- Skagen AS (Investment Management) (1.8%)
- Rothschild Asset Management SCS (1.4%)
- Norges Bank Investment Management (1.2%)
- Hang Seng Investment Management Ltd. (1.0%)
- Fiera Capital, Inc. (1.0%)
- JPMorgan Whitefriars (UK) (0.7%)
- First State Investments (Hong Kong) Ltd. (0.7%)
Contact Details
- Website:http://www.gwm.com.cn
- Phone: +86.312.2197813
Related Companies
- Baoding Deye Auto Parts Co. Ltd.
- Tianjin Boxin Automotive Parts Co. Ltd.
- Baoding Exquisite Auto Mould Technology Co. Ltd.
- Baoding Nuobo Rubber Manufacturing Co. Ltd.
- Baoding Xinyuan Automobile Inner Decoration Co. Ltd.
- Macs Baoding Auto A/C Systems Co. Ltd.
- Baoding Great Wall Automobile After-Sales Services Co. Ltd.
- Baoding Great Wall Huabei Automobile Co., Ltd.
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- Baoding Huan Qiu Automotive Parts Co. Ltd.
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- Baoding Yimei Components & Accessories Co. Ltd.
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Competitors
- Guangzhou Automobile Group Co., Ltd. Class H
- Beiqi Foton Motor Co., Ltd. Class A
- Dongfeng Automobile Co., Ltd. Class A
- Zhejiang Jingu Co., Ltd. Class A
- Zotye Automobile Co., Ltd. Class A
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