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Geely Automobile Holdings Ltd ADR GELYY

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Morningstar’s Analysis

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Company Profile

Business Description

Based in Hangzhou, Zhejiang province, Geely Automobile Holdings manufactures and sells passenger vehicles and automotive parts. The Geely brand sold about 1.2 million cars in 2020, placing it fifth in the number of cars sold across China. China’s domestic market accounts for more than 90% of Geely’s revenue, with the rest coming from other parts of the world. The firm formed a joint venture with Volvo in 2016 to build cars under the Lynk brand. The new brand targets a young audience with sales and marketing approaches closely resembling those of modern lifestyle brands.

23 Harbour Road, Room 2301, 23rd Floor, Great Eagle Centre
Hong Kong, Hong Kong
T +852 25983333
Sector Consumer Cyclical
Industry Auto Manufacturers
Most Recent Earnings
Fiscal Year End Dec 31, 2021
Stock Type
Employees 34,000