BofAS Reports GWMOTOR's Last Quarter Results Fall Short
GWMOTOR's Financial Performance: GWMOTOR reported a 10% increase in preliminary revenue for 2025, reaching RMB222.8 billion, while net profit decreased by 22% to RMB9.9 billion, and net profit excluding one-off items dropped by 36% to RMB6.2 billion.
4Q25 Revenue and Profit Estimates: The estimated preliminary revenue for 4Q25 is RMB69.2 billion, reflecting a 15% year-over-year increase, but the net profit is expected to decline by 44% year-over-year to RMB1.3 billion, significantly below forecasts.
Market Reaction and Ratings: Following the results, GWMOTOR's stock experienced a decline of 4.83%, with short selling activity reported at $19.94 million and a ratio of 10.640%.
Analyst Outlook: BofA Securities maintained a Neutral rating on GWMOTOR, setting a target price of HKD18 amidst the mixed financial results.
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Chinese Automakers Compete for Nissan-Mercedes Plant in Mexico; BYD and Geely Said to be Finalists
Acquisition Interest: BYD COMPANY and GEELY AUTO are among the final candidates to acquire a Nissan-Mercedes joint venture plant in Mexico, which is facing shutdowns and layoffs due to US tariff policies.
Chinese Carmakers' Strategy: The plant has attracted interest from Chinese carmakers looking to establish a production base in Mexico, with other companies like CHERY AUTO and GWMOTOR also expressing interest.
Short Selling Data: BYD COMPANY has a short selling amount of $290.69M with a ratio of 19.810%, while GEELY AUTO has $40.87M in short selling with a ratio of 9.108%.
Market Analysis: Jefferies has raised the target price for BYD COMPANY to $105, indicating positive market catalysts for the company.
Xiaomi Auto Commits to Adhering to New CN Guidelines on Automotive Pricing Practices
Xiaomi Auto's Compliance Support: Xiaomi Auto has expressed strong support for the Compliance Guidelines for Automotive Pricing Behavior issued by China's State Administration for Market Regulation, committing to optimize its pricing management and compliance system.
Commitment to Fair Practices: The company aims to strictly adhere to clear pricing requirements to eliminate price fraud and unfair competition in the automotive market.
SENSETIME-W and HESAI-W Surge Over 7% Following Inclusion in MSCI China Index
MSCI Index Review Results: MSCI announced its quarterly index review, adding 37 stocks to the MSCI China Index, including HESAI-W, PONY-W, SENSETIME-W, and YOFC, while removing 16 stocks such as CHINA VANKE, GWMOTOR, and FOSUN INTL.
Stock Performance: Following the index changes, SENSETIME-W and HESAI-W saw significant increases in their stock prices, with SENSETIME-W peaking at HK$2.64 and HESAI-W at HK$215.2, while PONY-W also experienced a rise.
JPM Cuts LI AUTO-W Rating to Underweight; Recommends GEELY AUTO and SINOTRUK as Top Choices
Market Outlook: JP Morgan predicts the Chinese automobile market will experience a mixed performance in 2023, with potential negative growth similar to 2018, but also volatility driven by new model releases and seasonal trends akin to 2025.
Top Picks: The broker's top stock picks include GEELY AUTO and SINOTRUK, while they see potential in BYD COMPANY, LEAPMOTOR, XPENG-W, and NIO for future positioning.
Investment Ratings: JP Morgan has assigned various investment ratings and target prices for several automobile stocks, with BYD COMPANY and SINOTRUK rated as "Overweight," while LI AUTO-W has been downgraded to "Underweight."
Short Selling Data: The report includes short selling data for the stocks mentioned, indicating varying levels of market sentiment and potential risks associated with each stock.
<Research>BOCOMI Maintains Buy Rating on GWMOTOR; Earnings Flexibility This Year Expected to Rely on Efficiency Gains
Financial Performance: GWMOTOR's net profit for 2025 fell by 21.7% to RMB9.912 billion, despite a revenue increase of 10.2% year-on-year to RMB222.79 billion, as reported by BOCOMI.
Future Outlook: BOCOMI anticipates that GWMOTOR's earnings in 2026 will depend on efficiency improvements and overcoming overseas challenges, with a focus on direct sales efficiency to aid profit recovery.
Market Position: Citi has placed GWMOTOR on its 30-day downside catalyst watch, setting a target price of HKD18.9, while BOCOMI maintains a Buy rating with a higher target price of HKD22.5.
Short Selling Activity: As of February 3, 2026, GWMOTOR experienced short selling of $55.32 million, with a short selling ratio of 23.429%.
<Research>BOCOMI Maintains Buy Rating on GWMOTOR; Increased Investment Impacts Profitability
Financial Performance: GWMOTOR reported a 21.7% year-over-year decline in net profit to RMB9.912 billion, attributed to increased investments in a new direct-to-consumer model and brand enhancement despite growth in sales volume and revenue.
Market Outlook: BOCOMI maintains a Buy rating for GWMOTOR, citing potential medium-term benefits from strategies focused on premiumization, new energy, and overseas expansion, while acknowledging a temporary profit squeeze due to escalated investments in late 2025.
Chinese Automakers Compete for Nissan-Mercedes Plant in Mexico; BYD and Geely Said to be Finalists
Acquisition Interest: BYD COMPANY and GEELY AUTO are among the final candidates to acquire a Nissan-Mercedes joint venture plant in Mexico, which is facing shutdowns and layoffs due to US tariff policies.
Chinese Carmakers' Strategy: The plant has attracted interest from Chinese carmakers looking to establish a production base in Mexico, with other companies like CHERY AUTO and GWMOTOR also expressing interest.
Short Selling Data: BYD COMPANY has a short selling amount of $290.69M with a ratio of 19.810%, while GEELY AUTO has $40.87M in short selling with a ratio of 9.108%.
Market Analysis: Jefferies has raised the target price for BYD COMPANY to $105, indicating positive market catalysts for the company.
Xiaomi Auto Commits to Adhering to New CN Guidelines on Automotive Pricing Practices
Xiaomi Auto's Compliance Support: Xiaomi Auto has expressed strong support for the Compliance Guidelines for Automotive Pricing Behavior issued by China's State Administration for Market Regulation, committing to optimize its pricing management and compliance system.
Commitment to Fair Practices: The company aims to strictly adhere to clear pricing requirements to eliminate price fraud and unfair competition in the automotive market.
SENSETIME-W and HESAI-W Surge Over 7% Following Inclusion in MSCI China Index
MSCI Index Review Results: MSCI announced its quarterly index review, adding 37 stocks to the MSCI China Index, including HESAI-W, PONY-W, SENSETIME-W, and YOFC, while removing 16 stocks such as CHINA VANKE, GWMOTOR, and FOSUN INTL.
Stock Performance: Following the index changes, SENSETIME-W and HESAI-W saw significant increases in their stock prices, with SENSETIME-W peaking at HK$2.64 and HESAI-W at HK$215.2, while PONY-W also experienced a rise.
JPM Cuts LI AUTO-W Rating to Underweight; Recommends GEELY AUTO and SINOTRUK as Top Choices
Market Outlook: JP Morgan predicts the Chinese automobile market will experience a mixed performance in 2023, with potential negative growth similar to 2018, but also volatility driven by new model releases and seasonal trends akin to 2025.
Top Picks: The broker's top stock picks include GEELY AUTO and SINOTRUK, while they see potential in BYD COMPANY, LEAPMOTOR, XPENG-W, and NIO for future positioning.
Investment Ratings: JP Morgan has assigned various investment ratings and target prices for several automobile stocks, with BYD COMPANY and SINOTRUK rated as "Overweight," while LI AUTO-W has been downgraded to "Underweight."
Short Selling Data: The report includes short selling data for the stocks mentioned, indicating varying levels of market sentiment and potential risks associated with each stock.
<Research>BOCOMI Maintains Buy Rating on GWMOTOR; Earnings Flexibility This Year Expected to Rely on Efficiency Gains
Financial Performance: GWMOTOR's net profit for 2025 fell by 21.7% to RMB9.912 billion, despite a revenue increase of 10.2% year-on-year to RMB222.79 billion, as reported by BOCOMI.
Future Outlook: BOCOMI anticipates that GWMOTOR's earnings in 2026 will depend on efficiency improvements and overcoming overseas challenges, with a focus on direct sales efficiency to aid profit recovery.
Market Position: Citi has placed GWMOTOR on its 30-day downside catalyst watch, setting a target price of HKD18.9, while BOCOMI maintains a Buy rating with a higher target price of HKD22.5.
Short Selling Activity: As of February 3, 2026, GWMOTOR experienced short selling of $55.32 million, with a short selling ratio of 23.429%.
<Research>BOCOMI Maintains Buy Rating on GWMOTOR; Increased Investment Impacts Profitability
Financial Performance: GWMOTOR reported a 21.7% year-over-year decline in net profit to RMB9.912 billion, attributed to increased investments in a new direct-to-consumer model and brand enhancement despite growth in sales volume and revenue.
Market Outlook: BOCOMI maintains a Buy rating for GWMOTOR, citing potential medium-term benefits from strategies focused on premiumization, new energy, and overseas expansion, while acknowledging a temporary profit squeeze due to escalated investments in late 2025.
