601633.SS - Great Wall Motor Company Limited

Shanghai - Shanghai Delayed Price. Currency in CNY
8.60
+0.04 (+0.47%)
At close: 3:00PM CST
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Previous Close8.56
Open8.61
Bid8.59 x N/A
Ask8.60 x N/A
Day's Range8.46 - 8.62
52 Week Range7.23 - 11.12
Volume20,326,358
Avg. Volume15,929,545
Market Cap68.081B
Beta (5Y Monthly)1.64
PE Ratio (TTM)18.70
EPS (TTM)0.46
Earnings DateAug. 25, 2018
Forward Dividend & Yield0.29 (3.33%)
Ex-Dividend DateMay 31, 2019
1y Target Est6.01
  • General Motors to lay off all 1,500 plant workers in Thailand following sale
    Reuters

    General Motors to lay off all 1,500 plant workers in Thailand following sale

    General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production plants in the country, a government official said on Wednesday. GM said on Monday it would sell its two plants in the eastern industrial province of Rayong to China's Great Wall Motor . Jak Punchoopet, adviser to the Minister of Labour, told Reuters all of the Rayong plants' employees would be laid off under the terms of GM's sale agreement with Great Wall.

  • China Stocks Rebound From Sell-off That Erased $720 Billion
    Bloomberg

    China Stocks Rebound From Sell-off That Erased $720 Billion

    (Bloomberg) -- China’s stocks recouped all their losses from a record $720 billion sell-off earlier this month, a sign that investor confidence is improving after policy makers acted to ease the economic fallout from the coronavirus outbreak.The Shanghai Composite, CSI 300 and SSE 50 indexes all rose about 2% Monday to finish above their closing levels on Jan. 23, the last trading day before a Lunar New Year break that saw a surge in virus infections. The market plunged on Feb. 3 as Chinese markets reopened to a health crisis that paralyzed most of the world’s second-largest economy. Those indexes remains well below their highest closes for the year.To cushion the blow, China’s government has pumped cash into the financial system, trimmed money-market rates and offered targeted tax cuts. Beijing will also allow local governments to sell another 848 billion yuan ($121 billion) of debt before March, as authorities seek to offset the economic shock of the coronavirus. China said Sunday it will enact more efficient stimulus measures despite a widening fiscal gap, including lower corporate taxes.“More stimulus policies are highly expected and an excess of capital that cannot be immediately absorbed by the real economy is expected to flow into the equity market, further lifting risk appetite,” said Yang Wei, a fund manager at Longwin Investment Management Co.While the full scope of the epidemic and its economic impact remain unclear, some investors are starting to look past worst-case scenarios.The smaller-cap ChiNext Index had already reversed its post-holiday slide and continued to power higher. It topped the 2,100-point level Friday for the first time since December 2016 and led Monday’s gains with a fresh 3.7% jump.China’s stocks regulator said Friday that it would ease some rules for firms seeking to raise extra capital through share placements, including shortening lockup periods. The rules would benefit small caps. Companies planning placements and brokerages shined, with Huatai Securities Co. and Haitong Securities Co. both jumping about 6%.Also outperforming were Chinese automakers, after President Xi Jinping called for encouraging vehicle purchases as part of efforts to help the economy. Chongqing Changan Automobile Co. soared by the 10% daily limit, and Great Wall Motor Co. advanced 8.7%.\--With assistance from Michael Patterson.To contact Bloomberg News staff for this story: April Ma in Beijing at ama112@bloomberg.netTo contact the editors responsible for this story: Sofia Horta e Costa at shortaecosta@bloomberg.net, Philip GlamannFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Great Wall Motor debuts at India's Auto Expo, advancing its globalization strategy
    CNW Group

    Great Wall Motor debuts at India's Auto Expo, advancing its globalization strategy

    NEW DELHI , Feb. 5, 2020 /CNW/ -- On February 5 , the 15 th Auto Expo opened in Delhi, India . Centered around a theme of how Great Wall Motor (601633.SS/02333.HK), a world-renowned SUV and pickup manufacturer, ...

  • Is Great Wall Motor Company Limited (HKG:2333) A Great Dividend Stock?
    Simply Wall St.

    Is Great Wall Motor Company Limited (HKG:2333) A Great Dividend Stock?

    Dividend paying stocks like Great Wall Motor Company Limited (HKG:2333) tend to be popular with investors, and for...

  • China's Great Wall agrees to buy General Motors' India plant
    Reuters

    China's Great Wall agrees to buy General Motors' India plant

    Great Wall Motor has agreed to buy General Motors' (GM) car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand. The deal, which is expected to be completed by the second half of 2020, will jumpstart Great Wall's plans to build and sell cars in India and bring to an end GM's manufacturing operations in the country. People aware of the deal told Reuters earlier on Friday that the two companies had agreed on the sale, with one of the sources adding that Great Wall is likely to pay around $250 million to $300 million to acquire the plant.

  • Should You Be Worried About Great Wall Motor Company Limited's (HKG:2333) 8.0% Return On Equity?
    Simply Wall St.

    Should You Be Worried About Great Wall Motor Company Limited's (HKG:2333) 8.0% Return On Equity?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • These 4 Measures Indicate That Great Wall Motor (HKG:2333) Is Using Debt Reasonably Well
    Simply Wall St.

    These 4 Measures Indicate That Great Wall Motor (HKG:2333) Is Using Debt Reasonably Well

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • BMW, Great Wall to build new China plant for electric cars
    Reuters

    BMW, Great Wall to build new China plant for electric cars

    BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce BMW's electric MINI brand and Great Wall Motor models. The new joint venture Spotlight Automotive, will be based in Zhangjiagang near Shanghai and eventually employ 3,000 staff. Earlier this month, Great Wall gained domestic regulatory approval for the new plant.

  • Reuters

    China's Great Wall Motor wins approval for BMW car plant

    China's Great Wall Motor has gained domestic regulatory approval to build a factory in China together with BMW , it said on Friday, paving the way for the German carmaker to develop and build a low-emission Mini. Since February 2018 BMW, which sells a little more than 2 million cars a year, and Chinese SUV manufacturer Great Wall, which sold around 1 million vehicles last year, have tried to share the costs of building a low-cost electric vehicle on a joint platform to be used by both brands, but the project ran into regulatory hurdles. The project, with total investment of 5.1 billion yuan ($724.4 million), will have annual capacity of 160,000 combustion engine cars for export, Great Wall said in a Shanghai Stock Exchange filing.

  • China's Great Wall aims to sell 300,000 WEY vehicles a year by 2025 - chairman
    Reuters

    China's Great Wall aims to sell 300,000 WEY vehicles a year by 2025 - chairman

    GUANGZHOU, China/SHANGHAI (Reuters) - China's top sport-utility vehicle maker Great Wall Motor aims to sell 300,000 of its premium brand WEY vehicles a year by 2025, its chairman said on Wednesday. The company aims to roll out the vehicles to Europe in 2021 and to North America in 2023, Wei Jianjun, chairman of Baoding-based Great Wall, said on the sidelines of the Guangzhou Autoshow. Great Wall has sold over 300,000 WEY-branded SUVs in the past 3 years.

  • A Rising Share Price Has Us Looking Closely At Great Wall Motor Company Limited's (HKG:2333) P/E Ratio
    Simply Wall St.

    A Rising Share Price Has Us Looking Closely At Great Wall Motor Company Limited's (HKG:2333) P/E Ratio

    Great Wall Motor (HKG:2333) shares have continued recent momentum with a 34% gain in the last month alone. The full...

  • Is Great Wall Motor Company Limited (HKG:2333) Expensive For A Reason? A Look At Its Intrinsic Value
    Simply Wall St.

    Is Great Wall Motor Company Limited (HKG:2333) Expensive For A Reason? A Look At Its Intrinsic Value

    Today we will run through one way of estimating the intrinsic value of Great Wall Motor Company Limited (HKG:2333) by...

  • Why Great Wall Motor Company Limited (HKG:2333) Could Be Worth Watching
    Simply Wall St.

    Why Great Wall Motor Company Limited (HKG:2333) Could Be Worth Watching

    Great Wall Motor Company Limited (HKG:2333), which is in the auto business, and is based in China, received a lot of...

  • Great Wall may consider building cars in Europe once sales hit 50,000 a year - chairman
    Reuters

    Great Wall may consider building cars in Europe once sales hit 50,000 a year - chairman

    FRANKFURT/BEIJING (Reuters) - China's Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets. Great Wall, the top sport-utility vehicle and pickup truck maker in China, is now exploring sales and production in overseas markets to expand its global influence and seek higher profit, as growth in the world's largest auto market slows. The company plans to start selling WEY-branded SUVs to the European Union in two years, Chairman Wei Jianjun told Reuters in an interview on the sidelines of the Frankfurt auto show, referring to its more premium brand.

  • Great Wall warns BMW joint venture faces uncertainties
    Reuters

    Great Wall warns BMW joint venture faces uncertainties

    China's Great Wall Motor on Wednesday said that its joint venture with BMW faced regulatory uncertainties as both companies pledged to proceed with plans for developing a low-cost electric car. The regulatory questions are over whether the joint venture will be able to obtain the required approvals for building a joint factory, Great Wall said in a stock market filing made in response to media reports that the alliance was in trouble. Since February 2018 BMW and Great Wall have worked on plans to build a low-cost electric vehicle on a joint platform which BMW would use for the Mini brand and Great Wall would use for its own brand.

  • Reuters

    China's Great Wall-linked battery maker plans to build 20 GWh factory in Europe

    BAODING, China/BEIJING (Reuters) - A Chinese battery maker carved out of the country's biggest sport utility vehicle manufacturer, Great Wall Motor Co Ltd, on Tuesday said it is planning its first overseas manufacturing base in Europe. SVOLT Energy Technology Co Ltd, which became independent in 2018, also said it is making "good progress" on developing a cobalt-free lithium-ion battery - a goal of battery producers aiming to eliminate the pricey and increasingly scarce mineral. "We plan to have five production bases worldwide, including in the United States, but it will take time," said SVOLT general manager Yang Hongxin at an event in the Chinese city of Baoding.

  • Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks
    Reuters

    Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks

    Grey Liu bought his third vehicle four months ago - a Foton pickup truck, lured by its $7,000 price tag and its ability to transport his sports motorcycle to the grasslands of northern China where he likes to ride. The Beijing-based businessman is among a growing number of drivers in China keen on pickups - either for leisure or just because they like them, expanding the market beyond traditional demand for farm, construction and maintenance work. Pickup demand - both work-related and the newer interest from mainstream consumers - has climbed on the back of an easing in government restrictions and last year China became the world's second-biggest pickup truck market.