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    2238   CNE100000Q35

GUANGZHOU AUTOMOBILE GROUP CO., LTD.

(2238)
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Guangzhou Automobile : 1st Half Net Profit Fell 53%

08/30/2020 | 09:02pm EDT

By Yi Wei Wong

Guangzhou Automobile Group Co.'s first-half net profit fell as automotive sales plunged amid the Covid-19 pandemic.

The automobile group said late Friday that net profit dropped 53% to 2.32 billion yuan ($337.9 million) in the first half.

Revenue fell 9.6% to CNY25.62 billion, it said.

Guangzhou Automobile said it will focus on generating stable growth in the second half.

 

Write to Yi Wei Wong at yiwei.wong@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
GUANGZHOU AUTOMOBILE GROUP CO., LTD. 0.28% 7.04 End-of-day quote.-18.33%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.00% 6.39358 Delayed Quote.-1.56%
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Financials
Sales 2021 67 324 M 10 525 M 10 525 M
Net income 2021 8 425 M 1 317 M 1 317 M
Net cash 2021 13 876 M 2 169 M 2 169 M
P/E ratio 2021 7,29x
Yield 2021 4,33%
Capitalization 105 B 16 448 M 16 447 M
EV / Sales 2021 1,36x
EV / Sales 2022 1,26x
Nbr of Employees 93 745
Free-Float 37,5%
Chart GUANGZHOU AUTOMOBILE GROUP CO., LTD.
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Guangzhou Automobile Group Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GUANGZHOU AUTOMOBILE GROUP CO., LTD.
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 7,26 CNY
Last Close Price 5,80 CNY
Spread / Highest target 64,5%
Spread / Average Target 25,0%
Spread / Lowest Target -1,92%
EPS Revisions
Managers and Directors
NameTitle
Xing Ya Feng General Manager & Executive Director
Dan Wang Chief Financial Officer & Deputy General Manager
Qing Hong Zeng Chairman
Lin Cheong Leung Independent Non-Executive Director
Fu Quan Zhao Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GUANGZHOU AUTOMOBILE GROUP CO., LTD.-18.33%16 448
BYD COMPANY LIMITED5.51%93 283
STELLANTIS N.V.16.99%64 959
FERRARI N.V.-7.93%39 013
SAIC MOTOR CORPORATION LIMITED-18.54%36 018
MARUTI SUZUKI INDIA LTD-5.57%29 798