Qingling Motors eine stille Perle? - 500 Beiträge pro Seite

[stier123]

Qingling Motors ist ein Tochter von Isuzu, japanisches Managment, also wenig korruptionsanfällig, ständiges Wachstum in den letzten Jahren aber noch unbekannt


http://finance.yahoo.com/q?s=1122.HK&d=t

Announces 2003 Interim Results


(Hong Kong, August 24, 2003) – Qingling Motors Co., Ltd. (“Qingling Motors” or “the Company”) (stock code: 1122), the leading automobile manufacturer in the PRC, today announced its interim results for the six months ended June 30, 2003. Total sales volume is 16,359 units, 6% higher than the same period last year. Turnover achieved RMB1.72 billion, a rise of 16% while profit after tax is RMB 68 million, representing a 15% increase.



In the first half of 2003, the automobile market in the PRC is still experiencing keen competition, while sales of light-duty trucks experience a “high-to-low” sales trend throughout the first half of the year. PRC’s total number of light-duty trucks sold was 47,000 units in June, representing a decrease of 35% from 72,000 units in March.



Qingling Motors actively differentiates itself from the unregulated competition’s “pirate” products; overcoming the negative impact from SARS, and continuing to enhance the competitiveness of the Company. All these contribute to the favorable results earned which lay a concrete foundation for the Company’s annual operational targets.



1. Total production and sales volume see steady growth trend



For the period from April to June, 8,947 units were sold, representing a growth of 20% from that of the 7,412 units sold during the period from January to March. Sales of the Company’s light-duty trucks showed an upward trend of growth, different from the “high-to-low” trend of sales of other competitors in the PRC.



2. N and T series commercial truck achieved sales growth



In recent years, both the N and T series of Isuzu light-duty trucks manufactured by the Company experienced negative impacts from competitors’ “pirate” products. However, after implementation of relevant measures, the sales of both series are back recording growth.



Despite of downward trend in the sales of light-duty trucks in the PRC in the first half of 2003, sales of the N series reached 9,849 units, remaining similar sales level 9,853 units as recorded in the same period last year.



The competitive advantages of the T series are gradually being recognized. Its advantages have already achieved sales of 5,352 units during the first half of year. Representing a relatively large growth of 48% from that of 3,606 during the same period last year.



3. Sales in major markets further expands



The Company’s competitive advantages in the “four provinces and one city” (四省一市 in the eastern region of the PRC, namely Guangdong, Zhejiang, Jiangsu, Shandong, and Shanghai, were consolidated. Total sales of 10,263 units were recorded in these regions, representing a growth of 24% compared to the same period last year.



Efforts in developing new markets in the western region of the PRC, such as Xinjiang, Gangsu, and Shannxi, have received initial success. Sales in these regions total 1,500 units, representing a growth of 33%. These newly developed areas became the new growth revenue for the company.



With the growing economy and the growing maturity of the market in the PRC, the comparative advantages of Isuzu light-duty trucks will be further recognized. With this, despite the keen market competition, the Management of Qingling Motors has every confidence in capturing a greater market share in the second half of the year and achieving the annual operational targets.



-End-



About Qingling Motors Company Limited

Qingling Motors Co., Ltd. listed its H Shares on the Hong Kong Stock Exchange in August 1994. The Company mainly engages in the manufacture and sale of light to heavy-duty trucks, pick-up trucks, and multi-purpose automobiles. The Group’s production facilities are located in China, where it is supported by an extensive sales and marketing network.

[tony_west]

"wenig korruptionsanfällig" ?

[artesano]

zwar steigert qingling momentan den umsatz, in den letzten jahren ist er aber insgesamt deutlich zurueckgegangen (um ca. 30%), die gewinne und die dividende haben sich halbiert. dennoch wird beim momentanen kurs noch immer eine 6%ige dividende gezahlt (vor 2 jahren waren es noch 12%, steuerfrei!). das unternehmen notiert weit unter buchwert und ist es wahrscheinlich eine spekulation wert - angesichts der vielen unbekannten kann es aber keine investition sein.

naehere infos gibt es auf der website:
http://www.qinglingqc.com/english.htm

[kosto1929]

Hat jemand schon einmal einen Kleintransporter von ISUZU gefahren?

Wie ist die Qualität und das Fahrgefühl?

Thanx Kosto

[Cromagnon]

Der Profit von Qingling:

2000: 479,16 Mio HKD
2001: 245,55
2002: 137,28
2003: 147,32

Marktkapitalisierung und Anzahl der Aktien werden oft falsch angegeben, weil es eine H-Aktie ist. Das Unternehmen notiert nicht so enorm unter Buchwert, wie man deshalb annehmen könnte. Es gibt 2 482 Mio Aktien, der Buchwert ist irgendwo bei 2,60 HKD. Automobilaktien notieren öfter mal unter Buchwert. Qingling hat viel Cash.

[kosto1929]

Die Konkurrenz macht wohl stark zu schaffen...

[JanaFee]

ist da noch jemand investiert.Habe die Aktie 2004 gekauft seitdem rührt sich nichts mehr.

[JanaFee]

bin wohl doch der Letzte, schade