Great Wall Motor Co., Ltd.
- 5.81 HKD
- +0.15
- +2.65%
China
May 20, 2019Ticker
HKG(2333)Prev. close
5.66Market cap (HKD)
73,665.11MMarket cap (USD)
9,384.27MShares
9,127.26M
In the news
- BMW to make electric cars in China with Great Wall from 2021 Mar 27, 2019
- Asian companies see profit evaporating as China demand shrinks Feb 4, 2019
- China's car brands suffer most as auto sales slump Dec 12, 2018
- Alibaba and Tencent chiefs among China's '100 entrepreneurs' Oct 26, 2018
- China's auto sales return to fast lane with 11% rise May 12, 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 2018 | HKD | USD |
| Revenue | 113,236.87M | 14,448.00M |
| Gross Profit | 16,094.64M | 2,053.53M |
| Operating income | 6,575.41M | 838.96M |
| Income before tax | 7,671.79M | 978.85M |
| Net income | 6,167.82M | 786.95M |
| EBITDA | 11,173.64M | 1,425.65M |
| Diluted EPS | 0.67 | 0.08 |
| Dividends Per Share | 0.32 | 0.04 |
| Total Assets | 127,492.39M | 16,283.90M |
| Total liabilities | 65,033.62M | 8,306.38M |
| Total equity | 59,897.06M | 7,650.32M |
| Operating cash flow | 23,574.80M | 3,007.93M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 75,911.34M | 90,225.23M | 110,746.09M | 112,153.61M | 113,236.87M |
| Gross Profit | 18,735.55M | 19,923.14M | 23,608.54M | 17,323.73M | 16,094.64M |
| Operating income | 11,506.69M | 11,531.64M | 14,464.93M | 6,477.23M | 6,575.41M |
| Income before tax | 12,107.14M | 11,941.00M | 14,585.43M | 7,187.15M | 7,671.79M |
| Net income | 10,120.50M | 9,941.03M | 12,328.16M | 5,796.91M | 6,167.82M |
| EBITDA | 13,626.01M | 13,975.55M | 17,458.16M | 10,167.04M | 11,173.64M |
| Diluted EPS | 1.10 | 1.08 | 1.35 | 0.63 | 0.67 |
| Dividends Per Share | 0.33 | 0.32 | 0.39 | 0.21 | 0.32 |
| Total Assets | 76,689.33M | 85,849.26M | 103,061.33M | 132,705.71M | 127,492.39M |
| Total liabilities | 32,689.48M | 38,021.79M | 48,496.05M | 71,810.59M | 65,033.62M |
| Total equity | 41,814.01M | 45,748.11M | 52,764.03M | 58,983.31M | 59,897.06M |
| Operating cash flow | 7,687.87M | 12,510.98M | 10,366.51M | -1,083.66M | 23,574.80M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 9,789.09M | 11,638.10M | 14,266.88M | 14,391.92M | 14,448.00M |
| Gross Profit | 2,416.03M | 2,569.87M | 3,041.37M | 2,223.03M | 2,053.53M |
| Operating income | 1,483.83M | 1,487.46M | 1,863.44M | 831.18M | 838.96M |
| Income before tax | 1,561.26M | 1,540.26M | 1,878.97M | 922.27M | 978.85M |
| Net income | 1,305.08M | 1,282.28M | 1,588.17M | 743.87M | 786.95M |
| EBITDA | 1,757.13M | 1,802.69M | 2,249.05M | 1,304.66M | 1,425.65M |
| Diluted EPS | 0.14 | 0.14 | 0.17 | 0.08 | 0.08 |
| Dividends Per Share | 0.04 | 0.04 | 0.05 | 0.02 | 0.04 |
| Total Assets | 9,889.20M | 11,077.10M | 13,292.83M | 16,975.90M | 16,283.90M |
| Total liabilities | 4,215.36M | 4,905.94M | 6,255.01M | 9,186.11M | 8,306.38M |
| Total equity | 5,391.98M | 5,902.86M | 6,805.49M | 7,545.22M | 7,650.32M |
| Operating cash flow | 991.38M | 1,613.78M | 1,335.46M | -139.05M | 3,007.93M |
Valuation Measures
| Dec 2018 | |
| PER | 6.64 |
| ROA | 4.74% |
| ROE | 10.37% |
| Operating margin | 5.80% |
| Profit margin | 5.44% |
Key executives
- Vice Chairman & General Manager: Feng Ying Wang
- Chief Financial Officer: Yu Xin Liu
- Deputy General Manager: Chun Lai Zheng
- Deputy General Manager: Shu Jie Hu
- Deputy General Manager: Jian Jun Hao
Shareholders
- The Vanguard Group, Inc. (3.6%)
- UBS AG (Investment Management) (3.0%)
- BlackRock Fund Advisors (2.2%)
- Skagen AS (Investment Management) (1.8%)
- Dimensional Fund Advisors LP (1.6%)
- Fiera Capital, Inc. (1.5%)
- Rothschild Asset Management SCS (1.4%)
- Norges Bank Investment Management (1.1%)
- BlackRock Investment Management (UK) Ltd. (1.0%)
- WEI JIAN JUN (0.9%)
Contact Details
- Website:http://www.gwm.com.cn
- Phone: +86.312.2197813
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Competitors
- Beiqi Foton Motor Co., Ltd. Class A
- Dongfeng Automobile Co., Ltd. Class A
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Last Updated on 20 May, 2019