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Geely Automobile Holdings Limited

GELHY
53
Auto - Manufacturers · Consumer Cyclical
Price
$47.17
-0.12 (-0.25%)
Market Cap
$25.55B
Exchange
Other OTC
Winston Score
53
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 9, 2026 · filings through Mar 31, 2026

Share count falling — buybacks

94.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 494.3M (2021) → 25.9M (2025)

Geely Automobile Holdings is one of China's largest privately owned car companies. It makes and sells passenger cars under several brands, including Geely, Lynk & Co, and the premium electric brand Zeekr. It also owns a controlling stake in Volvo Cars and has a significant shareholding in other automakers like Proton and Lotus. Its main customers are everyday car buyers, primarily in China but also in Southeast Asia and Europe.

Geely earns money by selling vehicles and parts, with revenue tied directly to how many cars it sells each year. The company operates mostly in China, which accounts for the large majority of its sales, though it is expanding internationally. Its competitive edge comes from its broad brand portfolio and technology-sharing across its many subsidiaries. The biggest risk it faces is intense competition in China's fast-moving electric vehicle market, where rivals like BYD and dozens of startups are aggressively cutting prices and gaining market share.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+15.1% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

>+1,000% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$17.1B/ year

Rising (+65% vs prior year)

5.1% of revenue

In line with sector average (4%)

R&D investment increasing — building for the future

Insider Activity

88.8%ownership

Insiders own a meaningful stake in the company

Growth context

Geely Automobile Holdings Limited is growing revenue at 15% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Gross Margin
17.5%
Thin — 17.5% gross margin
Operating Margin
5.0%
Thin — 5.0% operating margin
ROCE
3.9%
Weak — 3.9% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales YoY
+28.1%
Fast-growing sales (+28.1% YoY)
EPS YoY
+625.0%
Earnings growing fast (+625.0% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency
4/5 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Cash Conversion
0%
Weak — only 0% of profit becomes cash
FCF Margin
0.0%
Thin free cash flow (0.0%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

Debt / Equity
0.13
Conservative — low debt load (0.13)
Interest Cover
385.97x
Comfortably covers interest (386.0x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

P/E Ratio (TTM)
0.2x
Attractive valuation — P/E 0.2

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward
-7.8
SLOWING
Earnings expected to fall — forward P/E higher than today

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Dividends

Dividend Yield
2.53%
Moderate income — 2.53% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend Growth
+21.5%
Dividend growing fast (21.5% YoY)

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