Great Wall Motor Co Ltd Class H
02333: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.& | LOCK|HZ | LOCK|L?zYSv> |
Great Wall Earnings: Competition Continued to Depress Profitability Despite Better Cost Control
Great Wall Motor reported a 30% year-on-year decline in core net profit for the third quarter. Vehicle export grew 11% year on year while domestic sales rose 27% during the period. The vehicle margin remained challenged, due to heavy price discounts.
