Great Wall Motor Co Ltd Class H
02333: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.B | LOCK|P#Q | LOCK|#&V?GCZ |
Great Wall Earnings: Profit Missed As Competition Weighs on Vehicle Margin and Selling Expenses
Great Wall Motor reported in-line revenue for the third quarter, but net profit missed our expectations. A 40% growth in export volume was not enough to offset competition pressure in a sluggish domestic market, with the firm's China sales down another 33% year over year during the quarter.
