Asia300

Great Wall Motor Co., Ltd.

China

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Nov 20, 2017
Prev close: 8.89
Nov 20, 2017
Market cap:
Market cap(USD):
110,163.81M
14,101.05M
Shares: 9,127.26M

Currency in HKD

Company profile

Market(Ticker): HKG(2333)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 71,617

Business summary

Great Wall Motor Co., Ltd. engages in the manufacture and sale of automobiles. It also involves in the research and development, production, and sale of auto parts and accessories. Its products include sports utility vehicles, pickup, and passenger cars. The company was founded in 1984 and is headquartered in Baoding, China.

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.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 110,746.09M
Gross profit 23,702.64M
Operating income 14,583.09M
Income before tax 14,585.43M
Net income 12,328.16M
EBITDA 17,482.22M
Diluted EPS 1.35
Dividends per share 0.39
Total assets 103,061.33M
Total liabilities 48,496.05M
Total equity 52,764.03M
Operating cash flow 10,366.51M

Currency in HKD

Revenue 14,266.88M
Gross profit 3,053.49M
Operating income 1,878.66M
Income before tax 1,878.97M
Net income 1,588.17M
EBITDA 2,252.15M
Diluted EPS 0.17
Dividends per share 0.05
Total assets 13,292.83M
Total liabilities 6,255.01M
Total equity 6,805.49M
Operating cash flow 1,335.46M

Currency in USD

Valuation measures

Dec 2016

PER 5.34
ROA 13.05%
ROE 25.02%
Operating margin 13.16%
Profit margin 11.13%

Key executive

  • 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

Share holders

  • Capital Research & Management Co. (International Investors)(4.1%)
  • Invesco Advisers, Inc.(3.6%)
  • The Vanguard Group, Inc.(3.5%)
  • Hang Seng Investment Management Ltd.(2.7%)
  • Skagen AS(2.5%)
  • BlackRock Fund Advisors(2.4%)
  • APG Asset Management NV(1.3%)
  • Rothschild Asset Management SCS(1.0%)
  • City National Rochdale LLC(0.9%)
  • SEB Investment Management AB(0.9%)

Address

  • Website: http://www.gwm.com.cn
  • Address: No. 2266 Chaoyang South Street, Baoding, 071000, China
  • Phone: +86.312.2197813

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.