Zhejiang Geely Holding Group
Geely was founded in 1986 by Li Shufu as a refrigerator-parts maker, pivoting to motorcycles in 1994 and to passenger cars in 1997 — making him China's first private-sector automaker. The strategy through the 2010s was aggressive overseas acquisition: Volvo Cars (2010), London Taxi Company (2013), Proton and Lotus (2017), a 9.7% stake in Daimler (2018), and joint ventures with Renault and Smart.
Geely's Q4 2025 delivered $10.6B in revenue — up 21.3% versus the same quarter a year ago. Net margin held at 5.0%. Shares currently trade at a trailing P/E of 10.2, EV/EBITDA of 9.7 and a 2.7% dividend yield. Analyst consensus leans strong_buy (1.35/5).
Geely was founded in 1986 by Li Shufu as a refrigerator-parts maker, pivoting to motorcycles in 1994 and to passenger cars in 1997 — making him China's first private-sector automaker. The strategy through the 2010s was aggressive overseas acquisition: Volvo Cars (2010), London Taxi Company (2013), Proton and Lotus (2017), a 9.7% stake in Daimler (2018), and joint ventures with Renault and Smart.