0822 GMT - Geely Automobile remains strong in terms of its long-term value of its EV brands Galaxy, Zeekr and Lynk&Co, says Morningstar analyst Vincent Sun. The Chinese automaker finished 2025 with vehicle sales of 1.3 million units, up 7% on year, but underperformed China's passenger vehicle growth of 9%, he says. The company's vehicle margin faces challenges as competition is leading to heavy price discounts, he says. Morningstar maintains a cautious view on the company's profitability and expect depressed vehicle margins to remain, given the competition in the domestic market, he adds. The vehicle volume growth will continue to underperform due to a lack of new model launches. That said, Geely remains Morningstar's top pick in the China auto sector on its long-term value.(jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
February 27, 2026 03:23 ET (08:23 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.