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Geely Automobile Holdings Limited

GELYF
55
Auto - Manufacturers · Consumer Cyclical
Price
$2.38
+0.02 (+0.85%)
Market Cap
$25.82B
Exchange
Other OTC
Winston Score
55
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Mixed
Cash Flow
Exceptional
Stability
Exceptional
Valuation
Strong
Dividends
Strong

Share count rising — dilution

+4.7% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 9.89B (2021) → 10.35B (2025)

Winston Score History

The full picture

Geely Automobile Holdings is a Chinese car company that designs, makes, and sells passenger vehicles. Its brands include Geely, Lynk & Co, and Galaxy, and it sells mostly to everyday consumers in China. Geely is one of the largest privately owned automakers in China and also owns a significant stake in Volvo Cars, giving it access to European engineering and technology.

The company makes money primarily by selling cars through dealerships, with most revenue coming from mainland China. It has been expanding into electric and hybrid vehicles under its Galaxy sub-brand to compete with rivals like BYD and a growing wave of Chinese EV startups. Geely's main competitive edge comes from its scale, its portfolio of brands across different price points, and its technology partnerships. The biggest risk it faces is intense price competition in China's crowded EV market, which has already squeezed profit margins across the industry.

Growth Profile

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

Revenue Growth

+13.9% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

-12.0% YoY

YoY Growth Rate

Earnings declining

R&D Spend

¥17.2B/ 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

42.2%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

¥112.4B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

Geely Automobile Holdings Limited is a rare growth stock that's already generating positive cash flow while growing at 14%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

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

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
14.8%
Thin — 14.8% gross margin
Profit after running costs
Operating Margin
5.1%
Thin — 5.1% operating margin
Return on the money invested
ROCE
14.0%
Good — 14.0% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
+6.5%
Slow sales growth (+6.5% YoY)
Profit growth
EPS YoY
-0.7%
Earnings shrinking (-0.7% YoY)

Slight earnings drop. Typical near a cyclical low.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

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Cash Flow

Profit that turns into cash
Cash Conversion
321%
Turns 321% of profit into real cash
Spare cash per sale
FCF Margin
13.2%
Converts sales into free cash efficiently (13.2%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

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Stability

What it owes vs what it owns
Debt / Equity
0.10
Conservative — low debt load (0.10)
Covers its interest
Interest Cover
14.36x
Comfortably covers interest (14.4x)

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

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Valuation

Price vs profit
P/E Ratio (TTM)
10.4x
Attractive valuation — P/E 10.4

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+5.2
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (10.4 → 5.3)

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Dividends

Dividend
Dividend Yield
2.75%
Moderate income — 2.75% yield

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

Dividend record
Dividend Growth
+20.8%
Dividend growing fast (20.8% YoY)

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