Guangzhou Automobile Group Co., Ltd.
2238Company Overview
Guangzhou Automobile Group Co., Ltd. (GAC Group for short, 601238.SH,02238.HK) is headquartered in Zhujiang New Town, Tianhe District, Guangzhou. It is a large joint-stock automobile enterprise group with A+H shares listed as a whole. It currently has 113,000 employees and is ranked 176 in the Fortune 500. The main business covers the six major sectors of automobile research and development, vehicles, parts, commercial and trade services, financial services, and travel services. It insists on advancing simultaneously with independent innovation and joint ventures, and is currently making every effort to transform into a technology-based enterprise. Adhering to the corporate philosophy of “people-oriented, trusting, and pioneering”, the GAC Group will strive to become a world-class enterprise trusted by customers, happy employees, and expected by society in the future, continuously creating value for a beautiful mobile life for humans.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Guangzhou Automobile Group Co., Ltd. |
| Ticker | 2238 |
| Main Business | Auto Manufacturers |
| Type | Common Stock |
| Industry | Auto Manufacturers |
| Country | HK |
| Market Cap | $4.80 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Revenue | $129,706.2 | $0.0 | - |
| Interest income | $773.1 | $773.1 | - |
| Total | $130,479.3 | $773.1 | 0.59% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| bank loans and overdrafts | $2,483,193,277.3 | 51.70% |
| long term bank loan | $1,453,781,512.6 | 30.27% |
| Total Interest-Bearing Debt | $3,936,974,789.9 | 81.97% |
| Market Capitalization | $4,802,769,230.8 | 100.00% |
| Compliance Status | Threshold: 33% | failed |