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Geely Automobile Holdings

SEHK:175
Snowflake Description

Solid track record, good value and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
175
SEHK
HK$106B
Market Cap
  1. Home
  2. HK
  3. Automobiles
Company description

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China. The last earnings update was 96 days ago. More info.


Add to Portfolio Compare Print
  • Geely Automobile Holdings has significant price volatility in the past 3 months.
175 Share Price and Events
7 Day Returns
-3.8%
SEHK:175
-4.4%
HK Auto
-1.1%
HK Market
1 Year Returns
-42.6%
SEHK:175
-16%
HK Auto
-6.5%
HK Market
175 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Geely Automobile Holdings (175) -3.8% -3.8% -29.9% -42.6% 144.3% 302.1%
HK Auto -4.4% 4.2% -17.3% -16% 1.6% -11.2%
HK Market -1.1% 3.4% -7.7% -6.5% 17.4% 4.2%
1 Year Return vs Industry and Market
  • 175 underperformed the Auto industry which returned -16% over the past year.
  • 175 underperformed the Market in Hong Kong which returned -6.5% over the past year.
Price Volatility
175
Industry
5yr Volatility vs Market

175 Value

 Is Geely Automobile Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Geely Automobile Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Geely Automobile Holdings.

SEHK:175 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 28 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:175
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Auto Unlevered Beta Simply Wall St/ S&P Global 0.62
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.623 (1 + (1- 25%) (3.68%))
0.759
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.8 * 6.65%)
7.32%

Discounted Cash Flow Calculation for SEHK:175 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Geely Automobile Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:175 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 7.32%)
2020 7,987.24 Analyst x6 7,442.25
2021 8,811.83 Analyst x6 7,650.33
2022 9,470.72 Est @ 7.48% 7,661.34
2023 10,023.34 Est @ 5.84% 7,555.12
2024 10,492.98 Est @ 4.69% 7,369.45
2025 10,900.18 Est @ 3.88% 7,133.08
2026 11,261.78 Est @ 3.32% 6,866.85
2027 11,590.97 Est @ 2.92% 6,585.33
2028 11,897.79 Est @ 2.65% 6,298.41
2029 12,189.75 Est @ 2.45% 6,012.66
Present value of next 10 years cash flows CN¥70,574.81
SEHK:175 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥12,189.75 × (1 + 2%) ÷ (7.32% – 2%)
CN¥233,720.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥233,720.04 ÷ (1 + 7.32%)10
CN¥115,283.70
SEHK:175 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥70,574.81 + CN¥115,283.70
CN¥185,858.51
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥185,858.51 / 9,113.29
CN¥20.39
SEHK:175 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:175)
1.137
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥20.39 x 1.137
HK$23.19
Value per share (HKD) From above. HK$23.19
Current discount Discount to share price of HK$11.70
= -1 x (HK$11.70 - HK$23.19) / HK$23.19
49.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Geely Automobile Holdings is available for.
Intrinsic value
50%
Share price is HK$11.7 vs Future cash flow value of HK$23.19
Current Discount Checks
For Geely Automobile Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Geely Automobile Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Geely Automobile Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Geely Automobile Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Geely Automobile Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:175 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥1.40
SEHK:175 Share Price ** SEHK (2019-07-15) in HKD HK$11.7
SEHK:175 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥10.29
Hong Kong Auto Industry PE Ratio Median Figure of 10 Publicly-Listed Auto Companies 9.03x
Hong Kong Market PE Ratio Median Figure of 1,503 Publicly-Listed Companies 10.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Geely Automobile Holdings.

SEHK:175 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:175 Share Price ÷ EPS (both in CNY)

= 10.29 ÷ 1.40

7.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Geely Automobile Holdings is good value based on earnings compared to the HK Auto industry average.
  • Geely Automobile Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Geely Automobile Holdings's expected growth come at a high price?
Raw Data
SEHK:175 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 28 Analysts
3.9%per year
Hong Kong Auto Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Companies 1.16x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

SEHK:175 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.36x ÷ 3.9%

1.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Geely Automobile Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Geely Automobile Holdings's assets?
Raw Data
SEHK:175 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥5.00
SEHK:175 Share Price * SEHK (2019-07-15) in HKD HK$11.7
SEHK:175 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥10.29
Hong Kong Auto Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Companies 0.85x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:175 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:175 Share Price ÷ Book Value per Share (both in CNY)

= 10.29 ÷ 5.00

2.06x

* Primary Listing of Geely Automobile Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Geely Automobile Holdings is overvalued based on assets compared to the HK Auto industry average.
X
Value checks
We assess Geely Automobile Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto industry average (and greater than 0)? (1 check)
  5. Geely Automobile Holdings has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

175 Future Performance

 How is Geely Automobile Holdings expected to perform in the next 1 to 3 years based on estimates from 28 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Geely Automobile Holdings expected to grow at an attractive rate?
  • Geely Automobile Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Geely Automobile Holdings's earnings growth is positive but not above the Hong Kong market average.
  • Geely Automobile Holdings's revenue growth is positive but not above the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:175 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:175 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 28 Analysts 3.9%
SEHK:175 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 28 Analysts 4.6%
Hong Kong Auto Industry Earnings Growth Rate Market Cap Weighted Average 8%
Hong Kong Auto Industry Revenue Growth Rate Market Cap Weighted Average 6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:175 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 28 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:175 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 121,162 15,391 13,639 23
2020-12-31 111,893 14,153 12,354 28
2019-12-31 102,039 11,920 9,224 28
SEHK:175 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 106,595 13,925 12,553
2018-09-30 106,820 11,726 12,757
2018-06-30 107,046 9,526 12,960
2018-03-31 99,903 10,760 11,797
2017-12-31 92,761 11,994 10,634
2017-09-30 83,908 12,519 9,091
2017-06-30 75,056 13,044 7,549
2017-03-31 64,389 10,691 6,331
2016-12-31 53,722 8,338 5,112
2016-09-30 44,071 7,552 3,938
2016-06-30 34,421 6,766 2,763
2016-03-31 32,279 7,087 2,512

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Geely Automobile Holdings's earnings are expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).
  • Geely Automobile Holdings's revenue is expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:175 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 28 Analyst Estimates (S&P Global) See Below

All data from Geely Automobile Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:175 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.51 2.11 1.07 21.00
2020-12-31 1.34 1.83 0.97 25.00
2019-12-31 1.01 1.13 0.89 17.00
SEHK:175 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 1.40
2018-09-30 1.42
2018-06-30 1.45
2018-03-31 1.32
2017-12-31 1.19
2017-09-30 1.02
2017-06-30 0.85
2017-03-31 0.72
2016-12-31 0.58
2016-09-30 0.45
2016-06-30 0.31
2016-03-31 0.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Geely Automobile Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Geely Automobile Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Geely Automobile Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

175 Past Performance

  How has Geely Automobile Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Geely Automobile Holdings's growth in the last year to its industry (Auto).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Geely Automobile Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Geely Automobile Holdings's 1-year earnings growth is less than its 5-year average (18.1% vs 45.1%)
  • Geely Automobile Holdings's earnings growth has exceeded the HK Auto industry average in the past year (18.1% vs -5.8%).
Earnings and Revenue History
Geely Automobile Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Geely Automobile Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:175 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 106,595.13 12,553.21 8,315.03
2018-09-30 106,820.41 12,756.69 8,137.66
2018-06-30 107,045.68 12,960.18 7,960.29
2018-03-31 99,903.20 11,796.95 7,483.27
2017-12-31 92,760.72 10,633.72 7,006.25
2017-09-30 83,908.33 9,091.22 6,742.70
2017-06-30 75,055.95 7,548.72 6,479.15
2017-03-31 64,388.76 6,330.56 5,791.98
2016-12-31 53,721.58 5,112.40 5,104.82
2016-09-30 44,071.15 3,937.79 4,548.99
2016-06-30 34,420.72 2,763.18 3,993.15
2016-03-31 32,279.49 2,511.85 3,899.28
2015-12-31 30,138.26 2,260.53 3,805.41
2015-09-30 27,762.54 1,991.14 3,535.70
2015-06-30 25,386.82 1,721.74 3,265.99
2015-03-31 23,562.59 1,576.17 3,174.37
2014-12-31 21,738.36 1,430.59 3,082.74
2014-09-30 22,874.65 1,904.35 3,065.04
2014-06-30 24,010.94 2,378.11 3,047.35
2014-03-31 26,359.26 2,520.62 3,260.88
2013-12-31 28,707.57 2,663.14 3,474.42
2013-09-30 28,506.57 2,540.97 3,334.18
2013-06-30 28,305.56 2,418.81 3,193.94
2013-03-31 26,466.74 2,229.39 3,037.52
2012-12-31 24,627.91 2,039.97 2,881.11
2012-09-30 23,116.11 1,832.69 2,758.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Geely Automobile Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Geely Automobile Holdings used its assets more efficiently than the HK Auto industry average last year based on Return on Assets.
  • Geely Automobile Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Geely Automobile Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Geely Automobile Holdings has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

175 Health

 How is Geely Automobile Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Geely Automobile Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Geely Automobile Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Geely Automobile Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Geely Automobile Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 12.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Geely Automobile Holdings Company Filings, last reported 6 months ago.

SEHK:175 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 45,374.72 3,423.10 15,737.20
2018-09-30 45,374.72 3,423.10 15,737.20
2018-06-30 39,428.25 3,293.21 16,171.43
2018-03-31 39,428.25 3,293.21 16,171.43
2017-12-31 34,810.83 1,296.46 13,414.64
2017-09-30 34,810.83 1,296.46 13,414.64
2017-06-30 28,316.77 2,018.89 20,774.44
2017-03-31 28,316.77 2,018.89 20,774.44
2016-12-31 24,686.25 2,242.69 15,045.49
2016-09-30 24,686.25 2,242.69 15,045.49
2016-06-30 21,369.55 2,302.00 11,242.00
2016-03-31 21,369.55 2,302.00 11,242.00
2015-12-31 19,739.52 1,928.86 9,184.04
2015-09-30 19,739.52 1,928.86 9,184.04
2015-06-30 18,746.23 2,107.37 7,839.30
2015-03-31 18,746.23 2,107.37 7,839.30
2014-12-31 17,466.35 2,511.75 7,218.47
2014-09-30 17,466.35 2,511.75 7,218.47
2014-06-30 17,099.78 796.48 6,352.12
2014-03-31 17,099.78 796.48 6,352.12
2013-12-31 16,229.69 965.57 5,490.86
2013-09-30 16,229.69 965.57 5,490.86
2013-06-30 14,157.40 2,061.33 5,732.80
2013-03-31 14,157.40 2,061.33 5,732.80
2012-12-31 13,204.02 2,759.27 4,201.54
2012-09-30 13,204.02 2,759.27 4,201.54
  • Geely Automobile Holdings's level of debt (7.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (5.9% vs 7.5% today).
  • Debt is well covered by operating cash flow (406.8%, greater than 20% of total debt).
  • Geely Automobile Holdings earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Geely Automobile Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Geely Automobile Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

175 Dividends

 What is Geely Automobile Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.9%
Current annual income from Geely Automobile Holdings dividends. Estimated to be 3.11% next year.
If you bought HK$2,000 of Geely Automobile Holdings shares you are expected to receive HK$58 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Geely Automobile Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).
  • Geely Automobile Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:175 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 28 Analyst Estimates (S&P Global) See Below
Hong Kong Auto Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 3.5%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:175 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.37 20.00
2020-12-31 0.32 23.00
2019-12-31 0.28 24.00
SEHK:175 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-03-21 0.298 2.506
2018-03-21 0.232 1.768
2017-03-22 0.096 0.647
2016-05-27 0.032 0.568
2015-05-29 0.020 0.698
2014-05-29 0.036 1.416
2013-05-16 0.030 1.152
2012-05-18 0.022 0.864
2011-03-23 0.021 1.056
2010-04-19 0.020 0.725
2010-04-12 0.020 0.618
2009-04-22 0.014 0.711
2009-04-16 0.014 1.621

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Geely Automobile Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.1x coverage).
X
Income/ dividend checks
We assess Geely Automobile Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Geely Automobile Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Geely Automobile Holdings has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

175 Management

 What is the CEO of Geely Automobile Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sheng Yue Gui
COMPENSATION CN¥5,714,000
AGE 55
TENURE AS CEO 13.4 years
CEO Bio

Mr. Sheng Yue Gui has been the Chief Executive Officer at Geely Automobile Holdings Ltd. since February 23, 2006. Mr. Gui served as the Chief Executive Officer at Zhejiang Geely Holding Group Co., Ltd. and Geely Group Co., Ltd. He has over 20 years experience in administration and project management. He also worked with China Resources (Holdings) Company Limited. He has been an Executive Director of Geely Automobile Holdings Ltd. since June 9, 2005. He serves as a Non-executive Director of Manganese Bronze Holdings Plc. He serves as a Director of Zhejiang Geely Holding (Group) Co., Ltd. and Geely Group Co., Ltd. Mr. Gui holds a Bachelor of Science degree in mechanical engineering from Xian Jiaotong University and a Master degree in business administration from University of San Francisco.

CEO Compensation
  • Sheng Yue's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sheng Yue's remuneration is about average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Geely Automobile Holdings management team in years:

13.4
Average Tenure
55
Average Age
  • The average tenure for the Geely Automobile Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

ShuFu Li

TITLE
Executive Chairman
COMPENSATION
CN¥339K
AGE
56

Sheng Yue Gui

TITLE
CEO & Executive Director
COMPENSATION
CN¥6M
AGE
55
TENURE
13.4 yrs

Jian Yang

TITLE
Executive Vice Chairman
COMPENSATION
CN¥221K
AGE
57

Daniel Li

TITLE
Executive Vice Chairman
COMPENSATION
CN¥251K
AGE
49

Lawrence Ang

TITLE
Executive Director
COMPENSATION
CN¥5M
AGE
59

Mei Wei

TITLE
Executive Director
AGE
50

Cong Hui An

TITLE
Executive Director
AGE
49

David Cheung

TITLE
Financial Controller & Company Secretary
AGE
43
TENURE
14.2 yrs

Daniel Dai

TITLE
Head of Investor Relation Department
AGE
64

Xiao Dong Sun

TITLE
Head of Sales Division and Vice President of the Brand Development & Product Planning
TENURE
6.2 yrs
Board of Directors Tenure

Average tenure and age of the Geely Automobile Holdings board of directors in years:

12.5
Average Tenure
52.5
Average Age
  • The average tenure for the Geely Automobile Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

ShuFu Li

TITLE
Executive Chairman
COMPENSATION
CN¥339K
AGE
56
TENURE
14.1 yrs

Sheng Yue Gui

TITLE
CEO & Executive Director
COMPENSATION
CN¥6M
AGE
55
TENURE
14.1 yrs

Jian Yang

TITLE
Executive Vice Chairman
COMPENSATION
CN¥221K
AGE
57
TENURE
11 yrs

Daniel Li

TITLE
Executive Vice Chairman
COMPENSATION
CN¥251K
AGE
49
TENURE
3 yrs

Lawrence Ang

TITLE
Executive Director
COMPENSATION
CN¥5M
AGE
59
TENURE
15.4 yrs

Mei Wei

TITLE
Executive Director
AGE
50
TENURE
8.5 yrs

Cong Hui An

TITLE
Executive Director
AGE
49
TENURE
7.6 yrs

Dannis Lee

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥165K
AGE
49
TENURE
17.1 yrs

Alex Yeung

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥165K
AGE
69
TENURE
14.1 yrs

William Wang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥205K
AGE
45
TENURE
7.2 yrs
Who owns this company?
Recent Insider Trading
  • Geely Automobile Holdings individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
09. Jul 19 Buy Sheng Yue Gui Individual 09. Jul 19 09. Jul 19 300,000 HK$11.56 HK$3,468,000
28. May 19 Sell Sau Hung Yeung Individual 28. May 19 28. May 19 -350,000 HK$13.10 HK$-4,585,001
24. Apr 19 Sell Cong Hui An Individual 17. Apr 19 17. Apr 19 -5,472,000 HK$17.50 HK$-95,759,993
24. Apr 19 Sell Sheng Yue Gui Individual 17. Apr 19 17. Apr 19 -3,000,000 HK$17.09 HK$-51,259,796
23. Apr 19 Sell Dong Hui Li Individual 16. Apr 19 16. Apr 19 -2,224,000 HK$16.60 HK$-36,918,408
23. Apr 19 Sell Mei Wei Individual 16. Apr 19 16. Apr 19 -2,670,000 HK$16.66 HK$-44,482,196
23. Apr 19 Sell Cong Hui An Individual 16. Apr 19 16. Apr 19 -10,700,000 HK$16.53 HK$-176,871,008
25. Apr 19 Sell Sheng Yue Gui Individual 23. Apr 19 23. Apr 19 -800,000 HK$17.83 HK$-14,262,799
25. Apr 19 Sell Siu Lun Ang Individual 23. Apr 19 23. Apr 19 -270,000 HK$17.86 HK$-4,822,200
23. Apr 19 Sell Dong Hui Li Individual 17. Apr 19 17. Apr 19 -1,376,000 HK$16.60 HK$-22,841,602
23. Apr 19 Sell Mei Wei Individual 17. Apr 19 17. Apr 19 -1,500,000 HK$16.76 HK$-25,139,998
23. Apr 19 Sell Jian Yang Individual 17. Apr 19 17. Apr 19 -8,475,000 HK$16.72 HK$-141,701,995
X
Management checks
We assess Geely Automobile Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Geely Automobile Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

175 News

Simply Wall St News

Geely Automobile Holdings Limited (HKG:175) Has Got What It Takes To Be An Attractive Dividend Stock

Geely Automobile Holdings's dividend payments have fluctuated, so it hasn't grown 36% every year, but the CAGR is a useful rule of thumb for approximating the historical growth. … Strong earnings per share (EPS) growth might encourage our interest in the company despite fluctuating dividends, which is why it's great to see Geely Automobile Holdings has grown its earnings per share at 35% per annum over the past five years. … Earnings growth generally bodes well for the future value of company dividend payments.

Simply Wall St -

Did Geely Automobile Holdings Limited (HKG:175) Insiders Sell Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Geely Automobile Holdings Limited (HKG:175). … For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' See our latest analysis for Geely Automobile Holdings Geely Automobile Holdings Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider sale was by the Executive Director, Cong Hui An, for HK$177m worth of shares, at about HK$16.53 per share. … SEHK:175 Recent Insider Trading, July 5th 2019 Geely Automobile Holdings Insiders Are Selling The Stock The last quarter saw substantial insider selling of Geely Automobile Holdings shares.

Simply Wall St -

Does Geely Automobile Holdings Limited's (HKG:175) CEO Salary Reflect Performance?

View our latest analysis for Geely Automobile Holdings How Does Sheng Yue Gui's Compensation Compare With Similar Sized Companies? … According to our data, Geely Automobile Holdings Limited has a market capitalization of HK$111b, and pays its CEO total annual compensation worth CN¥5.7m. … I think that the total shareholder return of 205%, over three years, would leave most Geely Automobile Holdings Limited shareholders smiling.

Simply Wall St -

How Geely Automobile Holdings Limited (HKG:175) Could Add Value To Your Portfolio

Investors have the opportunity to buy into the stock to reap capital gains, if 175's projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. … SEHK:175 Intrinsic value, June 10th 2019 Next Steps: For Geely Automobile Holdings, I've put together three relevant factors you should further research: Future Outlook: What are well-informed industry analysts predicting for 175’s future growth? … Dividend Income vs Capital Gains: Does 175 return gains to shareholders through reinvesting in itself and growing earnings, or redistribute a decent portion of earnings as dividends?

Simply Wall St -

Does Geely Automobile Holdings Limited's (HKG:175) 18% Earnings Growth Reflect The Long-Term Trend?

When Geely Automobile Holdings Limited's (HKG:175) announced its latest earnings (31 December 2018), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Geely Automobile Holdings's average earnings over the past couple of years, and its industry performance. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 45%, indicating the rate at which 175 is growing has slowed down.

Simply Wall St -

Is Now The Time To Put Geely Automobile Holdings (HKG:175) On Your Watchlist?

In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Geely Automobile Holdings (HKG:175). … View our latest analysis for Geely Automobile Holdings Geely Automobile Holdings's Improving Profits In the last three years Geely Automobile Holdings's earnings per share took off like a rocket; fast, and from a low base. … Are Geely Automobile Holdings Insiders Aligned With All Shareholders?

Simply Wall St -

What Kind Of Shareholder Owns Most Geely Automobile Holdings Limited (HKG:175) Stock?

See our latest analysis for Geely Automobile Holdings SEHK:175 Ownership Summary, May 21st 2019 What Does The Institutional Ownership Tell Us About Geely Automobile Holdings? … Insider Ownership Of Geely Automobile Holdings The definition of company insiders can be subjective, and does vary between jurisdictions. … Our information suggests that Geely Automobile Holdings Limited insiders own under 1% of the company.

Simply Wall St -

Can Geely Automobile Holdings Limited (HKG:175) Maintain Its Strong Returns?

Check out our latest analysis for Geely Automobile Holdings How Do I Calculate Return On Equity? … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Geely Automobile Holdings: 28% = CN¥13b ÷ CN¥45b (Based on the trailing twelve months to December 2018.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Does Geely Automobile Holdings Have A Good Return On Equity?

Simply Wall St -

Does Geely Automobile Holdings Limited (HKG:175) Have A Good P/E Ratio?

To keep it practical, we'll show how Geely Automobile Holdings Limited's (HKG:175) P/E ratio could help you assess the value on offer. … How Do I Calculate Geely Automobile Holdings's Price To Earnings Ratio … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)

Simply Wall St -

Why Geely Automobile Holdings Limited (HKG:175) Is A Buy When Markets Go Down

High quality stocks such as Geely Automobile Holdings Limited has fared well over time in a fickle stock market, which is why I want to bring it into light amongst all the chaos. … Check out our latest analysis for Geely Automobile Holdings. … Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China

Simply Wall St -

175 Company Info

Description

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China. The company engages in the research and development, production, marketing, and sale of automobiles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services. It primarily offers sedans, sport utility vehicles, and electric vehicle models. The company also provides vehicles design services. In addition, it is involved in the research and development of automobile engines and electric hybrid engines. The company also exports its products primarily to the Middle East, Europe, and Africa. The company is headquartered in Wan Chai, Hong Kong.

Details
Name: Geely Automobile Holdings Limited
175
Exchange: SEHK
Founded:
HK$105,714,170,264
9,113,290,540
Website: http://www.geelyauto.com.hk
Address: Geely Automobile Holdings Limited
Great Eagle Centre,
23rd Floor,
Wan Chai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 175 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 21. Oct 1997
OTCPK GELY.F Ordinary Shares Pink Sheets LLC US USD 21. Oct 1997
DB GRU Ordinary Shares Deutsche Boerse AG DE EUR 21. Oct 1997
LSE 0YZ2 Ordinary Shares London Stock Exchange GB HKD 21. Oct 1997
SHSC 175 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 21. Oct 1997
SZSC 175 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 21. Oct 1997
WBAG GRU Ordinary Shares Wiener Boerse AG AT EUR 21. Oct 1997
OTCPK GELY.Y UNSP ADR EA REP 20 ORD SHS HKD0.02 Pink Sheets LLC US USD 04. Nov 2009
DB GRUA UNSP ADR EA REP 20 ORD SHS HKD0.02 Deutsche Boerse AG DE EUR 04. Nov 2009
Number of employees
Current staff
Staff numbers
52,400
Geely Automobile Holdings employees.
Industry
Automobile Manufacturers
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 12:44
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/07/12
Last earnings filing: 2019/04/10
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.