1316
vs
H
Hang Seng (Hong Kong)
1316
Over the past 12 months, Nexteer Automotive Group Ltd has significantly outperformed Hang Seng (Hong Kong), delivering a return of +72% compared to the Hang Seng (Hong Kong)'s +28% growth.
Stocks Performance
1316 vs Hang Seng (Hong Kong)
Performance Gap
1316 vs Hang Seng (Hong Kong)
Performance By Year
1316 vs Hang Seng (Hong Kong)
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Nexteer Automotive Group Ltd
Glance View
Nexteer Automotive Group Ltd. stands as a pivotal player in the global automotive industry, wielding its expertise primarily in steering and driveline systems. Nestled in the heart of the automotive supply chain, Nexteer possesses a robust legacy that dates back to its General Motors roots. Spinning off into a standalone entity, Nexteer has firmly planted its feet in the high-stakes domain of advanced steering systems which are instrumental in the dynamics and safety of modern vehicles. With a commitment to innovation, the company engineers solutions that cater to the increasingly sophisticated demands of automotive manufacturers worldwide, paving the way for advancements in electric power steering, advanced driver assistance systems, and steer-by-wire technologies. At its core, Nexteer’s business model thrives on forging strong relationships with automotive giants, becoming an indispensable supplier to some of the most prestigious OEMs globally. Revenue streams gush from the sale and integration of steering columns and components that are ubiquitous in vehicles, ranging from personal automobiles to heavy-duty trucks. This meticulous integration into the supply chain ensures a steady flow of contracts and repeat business, contributing to its profitability. Nexteer’s commitment to research and development enables it to stay at the forefront of technological evolution in the automotive sector, thus ensuring it not only meets but anticipates the needs of its clients. This foresighted approach positions Nexteer not just as a supplier, but as a partner in the journey towards the future of autonomous and electrified mobility.
