The analyst rating for GAC GROUP was influenced by several factors outlined in the article. Citi Research maintained a Neutral rating for the company's H-shares while upgrading the A-shares from Sell to Neutral. The reasons for these ratings include: 1. Expected Net Loss: GAC GROUP announced a preliminary net loss attributable to shareholders between RMB8-9 billion for 2025, primarily due to higher asset impairments and a decline in investment income from joint ventures. 2. Revised Forecasts: Citi Research lowered its forecasts for GAC GROUP's losses for 2025-2027, reflecting a more conservative outlook based on actual sales performance and industry conditions. 3. Technological Advancements: The broker noted advancements in robotics technology and GAC GROUP's partnership with Huawei, which could positively impact future performance. 4. Target Price Adjustments: The target price for H-shares was increased from $3 to $3.8, and for A-shares from RMB7.2 to RMB8.1, indicating a more favorable view despite the current losses. 5. Market Conditions: After an 11% decline in A-share price over the past year, the risk-reward profile was deemed neutral, prompting the upgrade in rating. Overall, the combination of expected losses, revised forecasts, potential technological benefits, and recent price declines contributed to the analyst's rating decision.

UBS

Underperform

maintain

$4.2

2026-02-02

Reason

UBS

Price Target

$4.2

2026-02-02

maintain

Underperform

Reason

The analyst rating for GAC GROUP (02238.HK) is primarily influenced by the company's projected significant net loss for 2025, estimated to be between RMB8 billion and RMB9 billion, which is substantially worse than BofA Securities' expectation of RMB3.9 billion. Additionally, the core net loss, excluding one-off items, is projected to be between RMB8.9 billion and RMB9.9 billion, indicating a drastic decline in profitability compared to the previous year. The intense competition in the market is expected to continue compressing profit margins for the Group's proprietary brand, leading to a forecast of thin profitability for 2026 and 2027. As a result, UBS has maintained a Neutral rating with a target price of $4.2, while also keeping an Underperform rating on both GAC GROUP's H- and A-shares, with target prices set at $3.1 and RMB5.9, respectively.

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Valuation Metrics

The current forward P/E ratio for (02238.HK) is -53.31, compared to its 5-year average forward P/E of -63.76. For a more detailed relative valuation and DCF analysis to assess 's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-63.76

Current PE

-53.31

Overvalued PE

1668.02

Undervalued PE

-1795.53

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

16.29

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

42.93

Undervalued EV/EBITDA

-10.35

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

0.87

Current PS

0.70

Overvalued PS

1.28

Undervalued PS

0.46

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Frequently Asked Questions

What is (02238) stock price today?

The current price of 02238 is 3.48 USD — it has decreased -4.66

What is (02238)'s business?

What is the price predicton of 02238 Stock?

Wall Street analysts forecast 02238 stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02238 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is (02238)'s revenue for the last quarter?

revenue for the last quarter amounts to NaN USD, decreased

What is (02238)'s earnings per share (EPS) for the last quarter?

. EPS for the last quarter amounts to USD, decreased

How many employees does (02238). have?

(02238) has 0 emplpoyees as of March 03 2026.

What is (02238) market cap?

Today 02238 has the market capitalization of 0.00 USD.

02238 Overview