What should I know before sell and buy Geely stock?
It is also important to have a good understanding of Geely, its business and how it generates its revenues if you want to be able to make a coherent analysis of its stock before buying or selling it. Here is a detailed presentation of the company.
Geely Automotive Holding Limited is a Chinese company engaged in the manufacture and marketing of passenger cars.
To better understand the Geely Group's activities, it is possible to divide them into different divisions according to the share of turnover they generate and in this way:
- Vehicle sales generate the bulk of the group's revenue with 96.3% of the turnover. The group sells more than 1.5 million vehicles each year with the brands Boyue, New Emgrand, Vision, Emgrand GS, Vision SUV/X3/S1, Emgrand GL, Link&Co, Binrui and GC9.
- The sale of car parts and components generates 3.7% of the group's turnover.
Currently, Geely Automotive owns and operates 10 production sites all in China. It employs 44,000 people in this capacity.
It is also interesting to know the geographical distribution of Geely's activities, with 98.7% of its revenues generated in China, 0.6% in Europe, 0.4% in the Middle East, 0.2% in Africa and 0.1% in Latin America.
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