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Chinese automaker specializing in SUVs, pickup trucks and off-road vehicles under Haval, Wey, Tank and ORA (EV) brands.
Chinese automaker specializing in SUVs, pickup trucks and off-road vehicles under Haval, Wey, Tank and ORA (EV) brands.
Sells SUVs and pickups through dealers in China, makes many key components in-house, and builds in overseas plants such as Russia and Brazil for local markets. Chairman Wei Jianjun is the controlling shareholder, unlike many state-owned Chinese carmakers.
In one line: China's Jeep/Ram combined, plus an EV sub-brand.
Moat: narrow (brand, distribution). Strong SUV/off-road brand recognition (Haval, Tank) and one of China's most export-oriented automakers.
Headquarters: Baoding, China · Founded: 1984 · Employees: 97,600
Size Great Wall Motor (601633.SS) is a China Consumer Discretionary company (Motor Vehicles) with a market value of $15.0B, the 156th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.04 on 6 Nov 2026.
Performance Over six months the shares fell 29.4%, against -8.2% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 8.1% over the last twelve months (peer median +5.0%); the operating margin is 1.7% (peer median 4.8%).
Valuation It trades at 15.1× forward earnings against a peer median of 12.0× (9th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -24 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.3 points above its cost of capital (7.4% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥229B | CN¥215B | CN¥195B | CN¥168B | CN¥133B |
| Revenue growth | — | +10% | +17% | +26% | — |
| Gross profit | CN¥44.0B | CN¥25.9B | CN¥27.4B | CN¥23.2B | CN¥19.4B |
| EBITDA | n/a | CN¥16.9B | CN¥21.2B | CN¥9.82B | CN¥10.6B |
| Net income | CN¥5.06B | CN¥9.87B | CN¥12.7B | CN¥7.02B | CN¥8.27B |
| Free cash flow | CN¥16.8B | CN¥29.1B | CN¥16.1B | CN¥2.21B | -CN¥3.51B |
| Capital expenditure | CN¥12.3B | CN¥11.5B | CN¥11.9B | CN¥16.7B | CN¥16.3B |
| Total debt | CN¥52.7B | CN¥50.6B | CN¥58.8B | CN¥57.9B | CN¥61.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Great Wall Motor 601633.SS | $15.0B | -29% | +8% | 2% | 15.1× | -7.1% |
| BYD 1211.HK | $98.9B | -26% | 0% | 4% | 15.8× | n/a |
| Geely Auto 0175.HK | $20.1B | -34% | +27% | 4% | 6.5× | -9.3% |
| SAIC Motor 600104.SS | $17.8B | -24% | -3% | 2% | 11.9× | -14.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 601633.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.7% | +2.6% | 9th highest of 21 |
| 6-month return | -29.4% | -8.2% | 6th lowest of 21 |
| Distance from 52-week high | -41.0% | -26.6% | 7th lowest of 21 |
| Revenue growth (TTM) | +8.1% | +5.0% | 9th highest of 20 |
| Operating margin | 1.7% | 4.8% | 8th lowest of 21 |
| Forward P/E | 15.1× | 12.0× | 9th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | -7.1% | 5.1% | 4th least demanding of 11 |
| Growth delivered (Del g) | +16.4% | +11.5% | 3rd highest of 10 |
| Hurdle (Req g minus delivered) | -23.5 pp | -7.3 pp | 3rd least demanding of 10 |
| ROIC minus cost of capital | +3.3 pp | -1.2 pp | 7th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Great Wall Motor 601633.SS | China | $15.0B | -29% | +8% | 2% | 15.1× | -7.1% | +16.4% |
| Tata Motors TMCV.NS | India | $16.6B | -2% | n/a | 9% | 20.7× | 17.8% | n/a |
| Stellantis STLAP.PA | France | $17.0B | -40% | -2% | -14% | 8.2× | n/a | n/a |
| Chery Automobile 9973.HK | Hong Kong | $17.8B | -22% | +11% | 5% | 5.8× | n/a | n/a |
| SAIC Motor 600104.SS | China | $17.8B | -24% | -3% | 2% | 11.9× | -14.7% | -2.4% |
| Li Auto-w 2015.HK | Hong Kong | $12.4B | -32% | -24% | -7% | n/a | n/a | n/a |
| Subaru 7270.T | Japan | $12.3B | +16% | 0% | 3% | 12.0× | 2.7% | +11.1% |
| Hyundai Motor India HYUNDAI.NS | India | $18.3B | +16% | +8% | 7% | 33.0× | 26.6% | +11.8% |
| Traton 8TRA.DE | Germany | $18.9B | +2% | +1% | 6% | 6.1× | n/a | n/a |
| Hero Motocorp HEROMOTOCO.NS | India | $11.7B | +3% | +27% | 12% | 19.1× | 14.1% | +9.2% |
| Shimano 7309.T | Japan | $11.5B | +29% | +5% | 12% | 35.8× | 6.0% | +4.3% |
| Tata Motors Passenger Vehicles TMPV.NS | India | $11.4B | -19% | -22% | 0% | 10.7× | n/a | n/a |
| Seres 9927.HK | Hong Kong | $11.4B | -54% | -2% | -4% | 90.9× | n/a | n/a |
| Rivian Automotive RIVN | United States | $19.9B | -4% | +11% | -53% | n/a | n/a | n/a |
| Geely Auto 0175.HK | Hong Kong | $20.1B | -34% | +27% | 4% | 6.5× | -9.3% | +29.3% |
| Eicher Motors EICHERMOT.NS | India | $22.3B | +5% | +28% | 21% | 33.0× | 36.0% | +21.8% |
| Yutong Bus 600066.SS | China | $10.1B | -12% | +3% | 14% | 11.5× | -10.0% | +13.8% |
| Yamaha Motor 7272.T | Japan | $10.1B | +54% | +10% | 6% | 9.3× | 4.2% | +11.5% |
| TVS Motor TVSMOTOR.NS | India | $22.6B | +21% | +34% | 12% | 42.5× | n/a | n/a |
| XPeng 9868.HK | Hong Kong | $9.51B | -37% | +29% | -7% | n/a | n/a | n/a |
| Chongqing Changan Automobile 000625.SZ | China | $9.51B | -25% | -7% | 0% | 28.5× | n/a | n/a |