Guangzhou Automobile Group Co., Ltd. Class A

Guangzhou Automobile Group Co., Ltd. Class A

4.82
CNY
-0.09
(-1.83%)
-1.36EPS
51.80BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.07
2.5
3.28
5.5
7.83
7.1
5.86
6.14
7.43
10.67
12.3
10.47
9.34
9.59
Basic EPS, GAAP
0.29
0.36
0.47
0.7
1.18
1.07
0.65
0.58
0.72
0.78
0.42
0.08
-0.85
-1.04
Free Cash Flow per Basic Share
-0.1
-0.27
0.08
0.03
1.09
-1.09
-1.03
-0.92
-1.16
-1.29
-0.46
0.01
-2.32
- -
Dividend per Share
0.1
0.21
0.2
0.2
0.28
0.45
0.39
0.24
0.27
0.32
0.33
0.23
0.07
0.07
Book Value per Share
4.47
4.76
4.28
4.85
6.79
7.48
7.83
8.15
8.7
10.8
11.03
11.06
10.32
9.85
Tangible Book Value per Share
3.91
4.02
3.55
4.01
5.85
6.27
6.24
6.44
6.87
8.89
8.83
8.7
7.98
7.4
Basic Weighted Avg Shares
9,113
8,945
8,978
8,983
9,141
10,189
10,181
10,286
10,187
10,338
10,545
10,295
10,334
10,307
Sales/Revenue/Turnover
18,824
22,383
29,418
49,418
71,568
72,380
59,704
63,157
75,676
110,272
129,706
107,784
96,542
98,846
Operating Margin (%)
-4.01
-4.9
-0.76
4.5
7.46
3.88
-5.51
-5.68
-4.72
-2.71
-2.9
-4.27
-13.52
-13.72
Depreciation Expense
915
1,172
1,603
2,100
2,230
3,002
4,201
5,022
5,624
6,597
6,449
8,711
9,283
- -
Net Income, GAAP
2,669
3,195
4,232
6,288
10,786
10,903
6,618
5,966
7,335
8,064
4,429
824
-8,784
-10,745
Effective Tax Rate (%)
3.81
4.26
9.08
10.7
9.64
7.76
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
14.18
14.27
14.39
12.72
15.07
15.06
11.08
9.45
9.69
7.31
3.41
0.76
-9.1
-10.87
Working Capital
8,431
6,726
9,341
10,649
27,206
25,919
15,279
14,258
12,385
34,997
23,984
21,570
12,430
25,848
LT Debt
4,775
4,769
7,649
10,346
8,273
9,879
8,924
9,777
6,967
6,151
10,387
13,242
11,189
26,009
Total Equity
34,063
36,196
39,437
44,839
70,349
77,921
82,454
86,660
92,595
122,277
124,400
121,777
109,684
104,275
Return on Invested Capital (%)
6.34
5.47
7.58
11.1
15.11
12.29
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
7.46
8.8
10.68
13.06
16.29
13.06
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
8.3
9.31
11.44
15.26
19.07
14.95
8.45
7.26
8.4
7.92
3.87
0.72
-8
-10.05

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
29,394
23,295
26,140
LT Borrowings
9,381
22,182
24,034
LT Finance Leases
1,809
2,036
1,975
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,197
10,197
10,197
Market Capitalization
83,208
73,317
51,801

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
99,110
108,049
119,386
Cash, Cash Equivalents & STI
40,783
48,319
51,297
Accounts Receivable, Net
4,596
4,840
5,447
Inventories
16,446
20,417
23,920
Total Current Liabilities
86,681
83,573
93,538
Payables & Accruals
- -
- -
- -
ST Debt
29,394
23,295
26,140
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.09%
5.72%
-9.93%
Free Cash Flow
-3,753.97%
-8,127.78%
-40,511.82%
Net Income, GAAP
-118.81%
-252.02%
-1,166.51%
Sales/Revenue/Turnover
15.8%
11.17%
-10.43%
Total Cash Common Dividend
0.7%
-13.01%
-69.64%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21,566
24,689
28,486
33,043
107,784
2025
19,879
22,732
- -
29,614
96,542
2026
20,229
26,272
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.03
-0.14
0.07
0.08
2025
-0.07
-0.18
- -
-0.44
-0.85
2026
-0.06
-0.38
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.12
0.03
0.05
0.23
2025
0.01
0.03
- -
0.02
0.07
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Xian Qing Ge
Full Time Employees
82,067
Sector
Consumer durables
Industry
Motor vehicles
Address
No. 668 Jinshan Road East Guangzhou GD China 511434
IPO Date
Aug 30, 2010
Website
gac.com.cn
Business
Guangzhou Automobile Group Co., Ltd. (601238.SS) engages in the research, development, manufacture, and sale of vehicles, motorcycles, parts, and components primarily in China and internationally. The company operates through segments including vehicles and related operations, offering passenger cars under brands such as Trumpchi (GAC Motor overseas), Aion, Hyptec, Everus, Hycan, and Qijing; commercial vehicles including light and heavy trucks, buses via GAC Bus and GAC Commercial Vehicle; motorcycles encompassing standard, sport, and scooters; and auto parts like engines, gearboxes, seats, and electric components; alongside financial services such as automobile credit, insurance brokerage, finance lease, logistics, second-hand vehicle trading, and mobility transportation. Founded in 1997 and headquartered in Guangzhou, Guangdong, China, it functions as a subsidiary of Guangzhou Automobile Industry Group Co., Ltd., with joint ventures including GAC Toyota, GAC Honda, and GAC Wuyang-Honda for producing Toyota, Honda vehicles, and motorcycles tailored to the Chinese market. Geographically, the company maintains dominant operations in Mainland China, with expanding international presence in over 20 markets including Thailand, Indonesia, Malaysia, Australia, Argentina, Saudi Arabia, UAE, Philippines, Russia, and plans to reach 100 countries by 2027 targeting 500,000 annual exports. It serves consumer, commercial, and government customers across passenger, electric, new energy, and commercial vehicle segments, emphasizing electric vehicles (EVs) where GAC Aion ranks as China's third-largest BEV producer. Recent developments under the 2024-launched "Panyu Action" three-year strategy include organizational reforms, R&D investment exceeding 50 billion yuan, and launches of 22 new wholly-owned brand models by 2027 including seven in 2025; deepened Huawei collaborations via a November 2024 strategic agreement and the September 2025 debut of the Qijing high-end EV brand under Huawang Automotive (GAC holding 100% post-August 2025 capital increase), integrating Huawei's intelligent driving, cockpit, and ecosystem technologies; debut of Hyptec A800 SUV with Huawei at 2025 Guangzhou Auto Show alongside S7, M8, S9 models from Trumpchi and Aion UT Super/i60; November 2025 market entries in Argentina and Australia; Thailand dealership expansion to 80 outlets by 2025; headquarters relocation to Panyu Auto City in November 2024; independent advances in all-solid-state, cobalt-free, low-cobalt, and sodium-ion batteries targeting 2026 vehicle integration; and acquisition/restructuring of GAC Hino into GAC Commercial Vehicle for electric trucks in 2024-2025. These initiatives drive four growth engines—new technology (NEVs, AI, safety), products, services (OTA upgrades, channel transformation), and ecosystems—aiming for Trumpchi's 2 million annual wholly-owned sales.

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