Subscribe

Geely Auto 

Geely Auto 
HKEX

A manufacturer based in Hangzhou, China

OVERVIEW

Categories
Auto Travel, Autonomous Driving, New Energy Auto, Manufacturing, Independent Brand, Auto Traffic, Electric Auto, Auto Rental, Auto Manufacturing, Travel Service
HQ location
Zhejiang
Founded date
Jan. 1, 1986
IPO date
Feb. 23, 1973
Legal name
Zhejiang geely holding group co. LTD
Geely Auto Group is a leading automobile manufacturer based in Hangzhou, China and was founded in 1997 as a subsidiary of Zhejiang Geely Holding Group. Geely Auto Group sells vehicles under the Geely Auto brand and holds a 50% stake in the LYNK & CO brand.
00175:HKEX
Transaction date
Jun. 2, 2020
52-week high
HKD 16.50
52-week low
HKD 10.00
Volume
1,071,839,560
Open
HKD 11.02
Close
HKD 11.08
P/E
11.17
Market cap
HKD 102.08 billion

ANALYSIS

Geely to Fully Merge with Volvo to Face the Tough Year Ahead

With a slowing global economy and most of its manufacturing plants shut down due to the Covid-19 outbreak, the automobile sector is facing its biggest existential crisis since 2008. Yet Geely is forming a bold strategy to boost revenues.

Apr. 3, 2020 · Geely Auto  EO

Geely to create intelligent three-dimensional travel ecology

The satellite project has become a landmark event for geely holding to build a technology-based enterprise. With this as the support, the company has actively explored the space and aviation field and made continuous efforts in cutting-edge technologies such as Shared travel, Internet of vehicles, unmanned vehicle, on-board chip, operating system, low-orbit satellite and space exploration. 

Mar. 9, 2020 · Geely Auto 

In-depth analysis: Geely's 'integration of space and earth'

In 2020, Geely will launch two low-orbit satellites to carry out the commercial verification of the world's first low-orbit navigation enhanced satellite system.

Mar. 4, 2020 · Geely Auto 

REPORTS

Geely auto's sales were dragged down by the epidemic in February and are expected to enter the recovery period in March

It is estimated that the company's net profit in 2019-21 years is CNY 94.7/128.9/14.98 billion respectively, corresponding to pe10.8/7.9/6.8 times, maintaining a 'buy' rating.

Mar. 10, 2020 · Geely Auto 

Geely Volvo intends to restructure and start a new stage of coordinated development

This paper focuses on the analysis of Volvo's sales volume, market share and profitability in recent years. The restructuring of geely Volvo will open a new stage of coordinated development between the two parties.

Feb. 14, 2020 · Geely Auto 

ANNOUNCEMENTS

Date Announcement
Mar. 9, 2020 Geely Automobile Holding Limited (Group) announced that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50%-owned joint venture) for the month of February 2020 was 21,168 units, a decrease of approximately 75% from the same period last year. The lower February sales volume is largely due to the disruption caused by the recent outbreak of novel coronavirus (COVID-19) in China. Further, the less working days during the month due to the earlier Chinese New Year holiday this year also affected the Group’s sales performance during the period.<br/><br/>The total sales volume in the first two months of 2020 was 133,006 units, a decrease of approximately 45% from the same period last year, and achieving 9% of the Group’s full year sales volume target of 1,410,000 units in 2020. Of the total sales volume in the first two months of 2020, 6,421 units were new energy and electrified vehicles (NEVs). The Group’s exports volume was down around 59% year-on-year to 4,847 units in the first two months of 2020. During the first two months of 2020, the Group’s total sales volume in the China market was 128,159 units, a decrease of around 44% from the same period last year.
Mar. 5, 2020 China’s leading privately-owned Chinese car brand, Geely Auto, has received official recognition for its efforts in developing ‘healthy vehicles’ that are able to provide clean air and bacteria free vehicles.<br/><br/>TÜV Rheinland Group, an international, independent third-party inspection, testing, and certification organization, has issued the first Vehicle Level Solid Particulates/Aerosol Filtering Protection China-mark certificate to Geely Auto in late February 2020, highlighting the work that Geely has undertaken in its promise to develop healthy cars.<br/><br/>Geely Auto’s first two models to receive the recognition from TÜV Rheinland include the Geometry A pure electric sedan and the Geely Auto Jiaji MPV
  • Company Details
  • Related Companies
  • EO Analysis
Overview
Categories
Auto Travel, Autonomous Driving, New Energy Auto, Manufacturing, Independent Brand, Auto Traffic, Electric Auto, Auto Rental, Auto Manufacturing, Travel Service
HQ location
Zhejiang
Founded date
Jan. 1, 1986
IPO date
Feb. 23, 1973
Legal name
Zhejiang geely holding group co. LTD
Geely Auto Group is a leading automobile manufacturer based in Hangzhou, China and was founded in 1997 as a subsidiary of Zhejiang Geely Holding Group. Geely Auto Group sells vehicles under the Geely Auto brand and holds a 50% stake in the LYNK & CO brand.
00175:HKEX
Transaction date
Jun. 2, 2020
52-week high
HKD 16.50
52-week low
HKD 10.00
Volume
1,071,839,560
Open
HKD 11.02
Close
HKD 11.08
P/E
11.17
Market cap
HKD 102.08 billion
Analysis

Geely to Fully Merge with Volvo to Face the Tough Year Ahead

With a slowing global economy and most of its manufacturing plants shut down due to the Covid-19 outbreak, the automobile sector is facing its biggest existential crisis since 2008. Yet Geely is forming a bold strategy to boost revenues.

Apr. 3, 2020 · Geely Auto  EO

Geely to create intelligent three-dimensional travel ecology

The satellite project has become a landmark event for geely holding to build a technology-based enterprise. With this as the support, the company has actively explored the space and aviation field and made continuous efforts in cutting-edge technologies such as Shared travel, Internet of vehicles, unmanned vehicle, on-board chip, operating system, low-orbit satellite and space exploration. 

Mar. 9, 2020 · Geely Auto 

In-depth analysis: Geely's 'integration of space and earth'

In 2020, Geely will launch two low-orbit satellites to carry out the commercial verification of the world's first low-orbit navigation enhanced satellite system.

Mar. 4, 2020 · Geely Auto 
Reports

Geely auto's sales were dragged down by the epidemic in February and are expected to enter the recovery period in March

It is estimated that the company's net profit in 2019-21 years is CNY 94.7/128.9/14.98 billion respectively, corresponding to pe10.8/7.9/6.8 times, maintaining a 'buy' rating.

Mar. 10, 2020 · Geely Auto 

Geely Volvo intends to restructure and start a new stage of coordinated development

This paper focuses on the analysis of Volvo's sales volume, market share and profitability in recent years. The restructuring of geely Volvo will open a new stage of coordinated development between the two parties.

Feb. 14, 2020 · Geely Auto 
Announcements
Date Announcement
Mar. 9, 2020 Geely Automobile Holding Limited (Group) announced that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50%-owned joint venture) for the month of February 2020 was 21,168 units, a decrease of approximately 75% from the same period last year. The lower February sales volume is largely due to the disruption caused by the recent outbreak of novel coronavirus (COVID-19) in China. Further, the less working days during the month due to the earlier Chinese New Year holiday this year also affected the Group’s sales performance during the period.<br/><br/>The total sales volume in the first two months of 2020 was 133,006 units, a decrease of approximately 45% from the same period last year, and achieving 9% of the Group’s full year sales volume target of 1,410,000 units in 2020. Of the total sales volume in the first two months of 2020, 6,421 units were new energy and electrified vehicles (NEVs). The Group’s exports volume was down around 59% year-on-year to 4,847 units in the first two months of 2020. During the first two months of 2020, the Group’s total sales volume in the China market was 128,159 units, a decrease of around 44% from the same period last year.
Mar. 5, 2020 China’s leading privately-owned Chinese car brand, Geely Auto, has received official recognition for its efforts in developing ‘healthy vehicles’ that are able to provide clean air and bacteria free vehicles.<br/><br/>TÜV Rheinland Group, an international, independent third-party inspection, testing, and certification organization, has issued the first Vehicle Level Solid Particulates/Aerosol Filtering Protection China-mark certificate to Geely Auto in late February 2020, highlighting the work that Geely has undertaken in its promise to develop healthy cars.<br/><br/>Geely Auto’s first two models to receive the recognition from TÜV Rheinland include the Geometry A pure electric sedan and the Geely Auto Jiaji MPV