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Great Wall Motor Co., Ltd.
- 7.65 HKD
- +0.12
- +1.59%
China
Apr 20, 2018Ticker
HKG(2333)Prev. close
7.53Market cap (HKD)
102,450MMarket cap (USD)
13,057.50MShares
9,127.27M
In the news
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- Nikkei Asia300 Index rises as heavyweight stocks rebound Apr 9, 2018
- Hong Kong stocks bounce back after three-week losing streak Apr 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 | 17,323.73M | 2,223.03M |
| Operating income | 6,424.16M | 824.36M |
| 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 | 17,323.73M |
| Operating income | 12,045.27M | 11,480.32M | 11,515.35M | 14,545.04M | 6,424.16M |
| 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 | 2,223.03M |
| Operating income | 1,552.89M | 1,480.43M | 1,485.35M | 1,873.76M | 824.36M |
| 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 | 5.72% |
| 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%)
- Hang Seng Investment Management Ltd. (2.7%)
- Skagen AS (Investment Management) (2.1%)
- BlackRock Fund Advisors (2.0%)
- Norges Bank Investment Management (1.2%)
- City National Rochdale LLC (0.9%)
- Rothschild Asset Management SCS (0.9%)
- BlackRock Investment Management (UK) Ltd. (0.8%)
- JPMorgan Whitefriars (UK) (0.7%)
- Dimensional Fund Advisors LP (0.6%)
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.
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- Baoding Nuobo Rubber Manufacturing Co. Ltd.
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- Macs Baoding Auto A/C Systems Co. Ltd.
- Baoding Great Wall Automobile After-Sales Services Co. Ltd.
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- Baoding Yimei Components & Accessories Co. Ltd.
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Competitors
- Beiqi Foton Motor Co., Ltd. Class A
- Dongfeng Automobile Co., Ltd. Class A
- Guangzhou Automobile Group Co., Ltd. Class H
- FAW Car Co., Ltd. Class A
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