Great Wall Motor's Prelim Net Profit Largely in Line With Expectations -- Market Talk

Dow Jones

Jan 15, 2025

0407 GMT - Great Wall Motor's preliminary net profit for 2024 is largely in line with market expectations, Daiwa analyst Kelvin Lau writes in a note. The Chinese automaker guided for a net profit of between CNY12.4 billion and CNY13 billion last year, compared to the market consensus of CNY12.6 billion, he adds. While management didn't offer guidance on its 2025 sales target, plans are estimated to be settled after the Lunar New Year, Lau notes. Great Wall Motor's Russia sales volume will likely remain steady between 1.5 million and 1.6 million units this year, despite regional market concerns, Daiwa adds. The brokerage maintains buy rating on the stock, which is last at HK$12.80. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

January 14, 2025 23:07 ET (04:07 GMT)

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The Chinese automaker guided for a net profit of between CNY12.4 billion and CNY13 billion last year, compared to the market consensus of CNY12.6 billion, he adds. While management didn't offer guidance on its 2025 sales target, plans are estimated to be settled after the Lunar New Year, Lau notes. Great Wall Motor's Russia sales volume will likely remain steady between 1.5 million and 1.6 million units this year, despite regional market concerns, Daiwa adds. The brokerage maintains buy rating on the stock, which is last at HK$12.80. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 23:07 ET (04:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Great Wall Motor's Prelim Net Profit Largely in Line With Expectations -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGreat Wall Motor's Prelim Net Profit Largely in Line With Expectations -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-15 12:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0407 GMT - Great Wall Motor's preliminary net profit for 2024 is largely in line with market expectations, Daiwa analyst Kelvin Lau writes in a note. The Chinese automaker guided for a net profit of between CNY12.4 billion and CNY13 billion last year, compared to the market consensus of CNY12.6 billion, he adds. While management didn't offer guidance on its 2025 sales target, plans are estimated to be settled after the Lunar New Year, Lau notes. Great Wall Motor's Russia sales volume will likely remain steady between 1.5 million and 1.6 million units this year, despite regional market concerns, Daiwa adds. The brokerage maintains buy rating on the stock, which is last at HK$12.80. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 23:07 ET (04:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"82333","symbol_name":"长城汽车-R","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503575856","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503575856","pubTimestamp":1736914020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0407 GMT - Great Wall Motor's preliminary net profit for 2024 is largely in line with market expectations, Daiwa analyst Kelvin Lau writes in a note. The Chinese automaker guided for a net profit of between CNY12.4 billion and CNY13 billion last year, compared to the market consensus of CNY12.6 billion, he adds. While management didn't offer guidance on its 2025 sales target, plans are estimated to be settled after the Lunar New Year, Lau notes. Great Wall Motor's Russia sales volume will likely remain steady between 1.5 million and 1.6 million units this year, despite regional market concerns, Daiwa adds. The brokerage maintains buy rating on the stock, which is last at HK$12.80. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"82333":"长城汽车-R","601633":"长城汽车","BK1539":"汽车股","BK4099":"汽车制造商","02333":"长城汽车","GWLLY":"长城汽车ADR","BK1119":"汽车制造商"},"translate_title":"长城汽车初步净利润基本符合预期——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"82333":0.6,"601633":0.6,"GWLLY":0.9,"02333":0.9},"content_text":"0407 GMT - Great Wall Motor's preliminary net profit for 2024 is largely in line with market expectations, Daiwa analyst Kelvin Lau writes in a note. The Chinese automaker guided for a net profit of between CNY12.4 billion and CNY13 billion last year, compared to the market consensus of CNY12.6 billion, he adds. While management didn't offer guidance on its 2025 sales target, plans are estimated to be settled after the Lunar New Year, Lau notes. Great Wall Motor's Russia sales volume will likely remain steady between 1.5 million and 1.6 million units this year, despite regional market concerns, Daiwa adds. The brokerage maintains buy rating on the stock, which is last at HK$12.80. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 14, 2025 23:07 ET (04:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}