Geely Automobile Holdings Ltd
00175: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| pY | LOCK|t^ | LOCK|M&&xKg |
Geely Earnings: Zeekr and Export Growth Offset Domestic Headwinds; Shares Undervalued
Geely reported 10% year-on-year revenue growth and a 150-basis-point improvement in gross margin in the third quarter. A favorable sales mix, driven by strong Zeekr and export growth, together with improving vehicle margins, led to a 28% increase in net profit.
