Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Shanghai Stock Exchange  >  Great Wall Motor Company Limited    601633   CNE1000018V8

GREAT WALL MOTOR COMPANY LIMITED

(601633)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

VW-backed EV battery maker Guoxuan eyes 100 GWh capacity by 2025

10/21/2020 | 11:37pm EST

XIAN, China/SHANGHAI, Oct 22 (Reuters) - Chinese electric vehicle (EV) battery maker Guoxuan High-tech Co Ltd, which is backed by German automaker Volkswagen AG, plans to have annual battery manufacturing capacity of 100 GWh by 2025, an official said on Thursday.

The Hefei-based company will have annual battery building capacity of 28 GWh this year, Huang Zhangxi, a senior official at Guoxuan told an industry conference, adding it was also considering setting up production bases in Germany and the United States.

Shares of Guoxuan, which supplies automakers from Volkswagen to General Motors, jumped over 7% after Reuters reported the plan.

Chinese battery makers from CATL to Great Wall-linked SVOLT are also building or planning global production bases.

(Reporting by Yilei Sun and Brenda Goh; Editing by Jacqueline Wong, Aditya Soni)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED 1.52% 249.72 End-of-day quote.134.70%
GENERAL MOTORS COMPANY 0.70% 44.4 Delayed Quote.20.46%
GREAT WALL MOTOR COMPANY LIMITED 1.07% 25.39 End-of-day quote.186.89%
GUOXUAN HIGH-TECH CO., LTD. 1.31% 28.66 End-of-day quote.96.98%
VOLKSWAGEN AG -0.45% 145.42 Delayed Quote.-17.49%
All news about GREAT WALL MOTOR COMPANY LIMITED
11/06GREAT WALL MOTOR : Plans to Raise CNY8 Billion via A-Share Convertible Bonds
DJ
11/06GREAT WALL MOTOR : Plans to Pay at Least 10% of Profit as Cash Dividend
DJ
10/26GREAT WALL MOTOR : GWM's POER Pickup Features 8AT for Global Launch
AQ
10/23GREAT WALL MOTOR : Third-Quarter Net Profit Rose
DJ
10/21VW-backed EV battery maker Guoxuan eyes 100 GWh capacity by 2025
RE
10/16GREAT WALL MOTOR : GWM Announces First Launch Markets and More Safety Features f..
AQ
10/16GWM : Announces First Launch Markets and More Safety Features for the New POER P..
PR
10/14FROM IPHONES TO E-AXLES : how one tech firm is pushing into electric vehicles
RE
10/13China auto sales jump in 'Golden September' as shoppers return to showrooms
RE
10/13China auto sales jump in 'Golden September' as shoppers return to showrooms
RE
More news
Financials
Sales 2020 96 706 M 14 809 M 14 809 M
Net income 2020 4 668 M 715 M 715 M
Net cash 2020 10 217 M 1 565 M 1 565 M
P/E ratio 2020 28,0x
Yield 2020 1,62%
Capitalization 227 B 29 351 M 34 836 M
EV / Sales 2020 2,25x
EV / Sales 2021 1,82x
Nbr of Employees 59 756
Free-Float 43,6%
Chart GREAT WALL MOTOR COMPANY LIMITED
Duration : Period :
Great Wall Motor Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GREAT WALL MOTOR COMPANY LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 12,53 CNY
Last Close Price 14,32 CNY
Spread / Highest target 23,3%
Spread / Average Target -12,5%
Spread / Lowest Target -77,1%
EPS Revisions
Managers
NameTitle
Feng Ying Wang Vice Chairman & General Manager
Jian Jun Wei Chairman
Biao Chen Chairman-Supervisory Board
Hong Shuan Li Chief Financial Officer
Ping He Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GREAT WALL MOTOR COMPANY LIMITED186.89%29 065
TOYOTA MOTOR CORPORATION-6.91%192 925
VOLKSWAGEN AG-17.11%94 185
DAIMLER AG14.99%73 797
GENERAL MOTORS COMPANY20.46%63 106
BMW AG1.57%58 162