SEHK:2333

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Executive Summary

Great Wall Motor Company Limited researches and develops, manufactures, markets, and sells automobiles, and automotive parts and components in China, South Africa, Ecuador, Chile, Russia, Saudi Arabia, and internationally. More Details


Snowflake Analysis

Excellent balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

How has Great Wall Motor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2333's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

9.5%

2333

12.7%

HK Auto

1.5%

HK Market


1 Year Return

93.3%

2333

47.3%

HK Auto

1.4%

HK Market

Return vs Industry: 2333 exceeded the Hong Kong Auto industry which returned 47.3% over the past year.

Return vs Market: 2333 exceeded the Hong Kong Market which returned 1.4% over the past year.


Shareholder returns

2333IndustryMarket
7 Day9.5%12.7%1.5%
30 Day34.6%24.2%-1.5%
90 Day104.3%51.0%4.4%
1 Year103.7%93.3%52.2%47.3%5.4%1.4%
3 Year18.3%3.0%-6.6%-15.5%-4.3%-14.6%
5 Year88.7%47.9%101.8%71.6%24.7%3.7%

Price Volatility Vs. Market

How volatile is Great Wall Motor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Great Wall Motor undervalued compared to its fair value and its price relative to the market?

20.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2333 (HK$10.38) is trading above our estimate of fair value (HK$3.35)

Significantly Below Fair Value: 2333 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2333 is poor value based on its PE Ratio (20.2x) compared to the HK Auto industry average (16x).

PE vs Market: 2333 is poor value based on its PE Ratio (20.2x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: 2333 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 2333 is overvalued based on its PB Ratio (1.6x) compared to the HK Auto industry average (0.8x).


Next Steps

Future Growth

How is Great Wall Motor forecast to perform in the next 1 to 3 years based on estimates from 33 analysts?

19.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2333's forecast earnings growth (19.2% per year) is above the savings rate (1.6%).

Earnings vs Market: 2333's earnings (19.2% per year) are forecast to grow slower than the Hong Kong market (22.5% per year).

High Growth Earnings: 2333's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2333's revenue (11.5% per year) is forecast to grow slower than the Hong Kong market (13.2% per year).

High Growth Revenue: 2333's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2333's Return on Equity is forecast to be low in 3 years time (9.7%).


Next Steps

Past Performance

How has Great Wall Motor performed over the past 5 years?

-19.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2333 has high quality earnings.

Growing Profit Margin: 2333's current net profit margins (4.5%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: 2333's earnings have declined by 19.8% per year over the past 5 years.

Accelerating Growth: 2333's earnings growth over the past year (35.7%) exceeds its 5-year average (-19.8% per year).

Earnings vs Industry: 2333 earnings growth over the past year (35.7%) exceeded the Auto industry -44%.


Return on Equity

High ROE: 2333's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is Great Wall Motor's financial position?


Financial Position Analysis

Short Term Liabilities: 2333's short term assets (CN¥74.3B) exceed its short term liabilities (CN¥58.7B).

Long Term Liabilities: 2333's short term assets (CN¥74.3B) exceed its long term liabilities (CN¥7.4B).


Debt to Equity History and Analysis

Debt Level: 2333's debt to equity ratio (29.6%) is considered satisfactory.

Reducing Debt: 2333's debt to equity ratio has increased from 2.1% to 29.6% over the past 5 years.

Debt Coverage: 2333's debt is well covered by operating cash flow (110%).

Interest Coverage: 2333 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Great Wall Motor current dividend yield, its reliability and sustainability?

2.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2333's dividend (2.76%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 2333's dividend (2.76%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.91%).


Stability and Growth of Payments

Stable Dividend: 2333's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2333's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.6%), 2333's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 2333's dividends in 3 years are forecast to be well covered by earnings (33.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.2yrs

Average management tenure


CEO

Feng Ying Wang (49 yo)

17.83yrs

Tenure

CN¥5,511,000

Compensation

Ms. Feng Ying Wang serves as Vice Chairman at Great Wall Motor Company Ltd. (formerly, Great Wall Automobile Holding Co. Ltd.) and has been its General Manager since November 2002. Ms. Wang is responsible ...


CEO Compensation Analysis

Compensation vs Market: Feng Ying's total compensation ($USD814.15K) is about average for companies of similar size in the Hong Kong market ($USD805.95K).

Compensation vs Earnings: Feng Ying's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jian Jun Wei
Executive Chairman19.25yrsCN¥5.75mno data
Feng Ying Wang
Executive Vice Chairman & GM17.83yrsCN¥5.51mno data
Zhi Juan Yang
Head of the Investment Management Department & Executive Director19.08yrsCN¥595.00kno data
Hui Xu
Head of Securities & Legal Affairs Department and Company Secretary12.17yrsCN¥941.60kno data
Shu Hu
Deputy General Manager14.75yrsCN¥4.34mno data
Guo Zhao
Deputy General Manager10.25yrsCN¥3.02mno data
Hong Shuan Li
Chief Financial Controller0.25yrno datano data
Lu Juan
Head of the Accounting Department & Head of the Finance Sectionno datano datano data

12.2yrs

Average Tenure

48yo

Average Age

Experienced Management: 2333's management team is seasoned and experienced (12.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jian Jun Wei
Executive Chairman19.25yrsCN¥5.75mno data
Feng Ying Wang
Executive Vice Chairman & GM17.83yrsCN¥5.51mno data
Zhi Juan Yang
Head of the Investment Management Department & Executive Director19.08yrsCN¥595.00kno data
Ping He
Non-Executive Director18.33yrsCN¥60.00kno data
Wan Jun Li
Independent Non-Executive Director3.33yrsCN¥60.00kno data
Chi Kit Ng
Independent Non-Executive Director3.33yrsCN¥136.00kno data
Yi Xiang Zong
Independent Supervisor6.33yrsCN¥11.00kno data
Biao Chen
Chairman of Supervisory Committee4.75yrsno datano data
Ying Yue
Independent Non-Executive Director0.25yrno datano data

5.5yrs

Average Tenure

49yo

Average Age

Experienced Board: 2333's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Great Wall Motor Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Great Wall Motor Company Limited
  • Ticker: 2333
  • Exchange: SEHK
  • Founded: 1984
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: HK$165.750b
  • Shares outstanding: 9.18b
  • Website: https://www.gwm.com.cn

Number of Employees


Location

  • Great Wall Motor Company Limited
  • No. 2266 Chaoyang Road South
  • Baoding
  • Hebei Province
  • 71000
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2333SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDDec 2003
GWLL.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDDec 2003
GRVDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURDec 2003
2333SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDDec 2003
2333SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDDec 2003
GRVWBAG (Wiener Boerse AG)YesForeign Shares-Foreign ListedATEURDec 2003
601633SHSE (Shanghai Stock Exchange)Domestic SharesCNCNYOct 2011
601633XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)Domestic SharesCNCNYOct 2011
GWLL.YOTCPK (Pink Sheets LLC)ADRUSUSDDec 2011

Biography

Great Wall Motor Company Limited researches and develops, manufactures, markets, and sells automobiles, and automotive parts and components in China, South Africa, Ecuador, Chile, Russia, Saudi Arabia, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/20 19:11
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.