Geely Automobile has emerged as the strongest performer among Hong Kong-listed Chinese electric vehicle manufacturers based on fundamental metrics as of August 18, 2026.
The Hangzhou-based automaker reported a trailing 12-month return on equity of 18.1%, a price-to-earnings ratio of 10.2x and free cash flow of HKD 54.69 billion, according to data compiled by Investing.com. Revenue growth over the past three years accelerated to HKD 384 billion from HKD 197 billion, driven by its EV portfolio through brands including Zeekr and Galaxy.
Comparative analysis shows Geely’s metrics surpass those of peers in key financial categories. The company’s ROE exceeds the next-highest figure by 7.5 percentage points, while its P/E ratio remains below the group average. Free cash flow of HKD 54.69 billion also outpaces all peers, with BYD Co reporting negative HKD 100.31 billion in the same period.
BYD Co, despite generating HKD 895 billion in revenue—the highest among the cohort—faces margin compression to 3.5% amid intensified price competition. The Shenzhen-based manufacturer’s free cash flow deficit of HKD 100 billion underscores the strain on liquidity. NIO and XPeng reported the fastest revenue growth at approximately 48% and 47% respectively, yet both operate at a loss with negative ROE readings of -422.8% and -7.6%.
Li Auto’s revenue contracted by 24.4% year-over-year, pushing the company into negative earnings territory. Great Wall Motor, while posting slower growth of 14.3%, offers the highest dividend yield in the group at 4.8%, compared with Geely’s 2.7% and BYD’s 0.5%.
Fair-value models cited in the analysis suggest significant upside potential across the sector, with Great Wall Motor leading at 79.1% above current levels, followed by BYD at 47.4%, Li Auto at 40.2% and Geely at 36.4%.
