Great Wall Motor Co Ltd

Great Wall Motor maintains a conservative capital structure with a debt-to-equity ratio of 0.19 and a current ratio of 1.09, indicating adequate short-term liquidity despite a medium liquidity risk flag. The company holds total assets of 225.3 billion CNY against total liabilities of 137.4 billion CNY, resulting in total equity of 87.9 billion CNY. Long-term debt stands at 16.4 billion CNY, which is modest relative to the equity base. Operating cash flow is robust at 40.4 billion CNY, significantly exceeding free cash flow of 5.0 billion CNY due to capital expenditures of 11.5 billion CNY. The net cash position is negative after subtracting total debt, a key flag noted in the risk assessment.

Profitability metrics show a return on equity of 11.78% and a return on assets of 4.6%, reflecting efficient use of capital. The company generated net income of 9.9 billion CNY on revenue of 222.8 billion CNY, yielding a net margin of approximately 4.4%. Gross profit was 33.1 billion CNY, and operating income was 11.5 billion CNY. While cohort medians are not provided for direct comparison, the low valuation multiples suggest the market is pricing in potential margin compression or growth concerns relative to peers. The price-to-earnings ratio is 1.93, and the price-to-book ratio is 0.23, indicating the stock trades at a significant discount to its book value.

Revenue concentration is not detailed by segment or geography in the available data, so specific exposure risks cannot be quantified. The company operates globally, but without disclosed segment breakdowns, the analysis relies on aggregate financial performance. The lack of segment data limits the ability to assess diversification benefits or regional headwinds.

Growth trajectory analysis is constrained by the absence of historical period data in the input. The current revenue of 222.8 billion CNY represents the latest normalized period, but year-over-year trends cannot be calculated from the provided snapshot. The company’s ability to sustain growth will depend on market share retention and new model launches, which are not detailed in the financial data.

Risk factors include medium liquidity risk and low dilution risk. The key flag of negative net cash after debt subtraction suggests potential refinancing needs or cash flow management challenges. The low dilution risk is supported by the identical basic and diluted share counts of 2.31 billion shares, indicating no significant outstanding options or convertible securities. The company’s risk profile is further influenced by its exposure to the automotive industry’s cyclical nature and competitive pressures.

Recent events include analyst estimates with a mean price target of 18.06 CNY and a median of 17.30 CNY, suggesting significant upside potential from the current market price of 8.64 CNY. The mean recommendation is 1.95, with 7 strong buys and 8 buys, indicating positive sentiment among analysts. The high price target of 25.12 CNY and low of 12.00 CNY reflect a wide range of expectations. No specific filing, news, or transcript observations are provided in the input data.

Analysts project 66.6% upside to a mean price target of 18.06, reflecting strong buy consensus from 21 analysts.

Revenue grew at a 13.1% CAGR over four years, demonstrating consistent top-line expansion through fiscal 2026.

Return on equity of 11.8% exceeds the cohort median of 10.2%, indicating superior capital efficiency relative to peers.

Cash conversion ratio of 3.9 is best-in-class, significantly outperforming the cohort median of 1.22.

Debt-to-equity ratio of 0.19 is well below the cohort median of 0.33, suggesting a conservative leverage profile.

The company faces medium liquidity risk, which could constrain financial flexibility during periods of market stress.

Revenue ¥45.11B, +12,7% YoY; Operating income −30,1% YoY.

• ▍Revenue ¥45.11B, +12,7% YoY
• ▍Operating income −30,1% YoY
• ▍Net income −46,0% YoY
• ▍Net margin 2.1%

Revenue ¥222.82B, +10,2% YoY; Operating income −16,8% YoY.

• ▍Revenue ¥222.82B, +10,2% YoY
• ▍Operating income −16,8% YoY
• ▍Net income −22,1% YoY
• ▍Free cash flow −31,4% YoY
• ▍Net margin 4.4%

Revenue ¥202.19B, +16,7% YoY; Operating income +92,5% YoY.

• ▍Revenue ¥202.19B, +16,7% YoY
• ▍Operating income +92,5% YoY
• ▍Net income +80,3% YoY
• ▍Free cash flow +229,9% YoY
• ▍Net margin 6.3%

Revenue ¥173.21B, +26,1% YoY; Operating income −9,6% YoY.

• ▍Revenue ¥173.21B, +26,1% YoY
• ▍Operating income −9,6% YoY
• ▍Net income −15,1% YoY
• ▍Free cash flow −101,8% YoY
• ▍Net margin 4.1%

Revenue ¥137.34B, +0,7% YoY; Operating income +25,1% YoY.

• ▍Revenue ¥137.34B, +0,7% YoY
• ▍Operating income +25,1% YoY
• ▍Net income +22,9% YoY
• ▍Free cash flow +68,9% YoY
• ▍Net margin 6.0%

Revenue ¥136.40B; Operating income ¥6.37B.

• ▍Revenue ¥136.40B
• ▍Operating income ¥6.37B
• ▍Net margin 4.9%