BYD Battery king optimistic about the automotive market or strategic restructuring
Casting advisor in developed study hubs from the Shanghai Securities News that, whereas the down high ground tendency in the electric battery enterprise is equitably critical, but powerful development in automotive enterprise, BYD Automobile to convey a possibility of survival. BYD Company Limited ownership of the parent business shareholders in 2008 for 1.021 billion yuan snare earnings, profits per share was 0.50 yuan, up 37 per hundred decline. Car sales business beside 8.65 billion yuan, an boost of 77%,
The report shows that, BYD secondary rechargeable battery and other related products business sales 62.1 billion yuan, a decline of about 13%. Among them, the lithium-ion battery sales of 3.937 billion yuan, up basically the same; nickel battery sales are subject to United States power tools market economy and weakness in the same period last year fell 26 percent to 2.204 billion yuan. At the same time, a marked increase in the proportion of motor vehicle business. Turnover ratio in 2007 from 23% to 32%. Car sales nearly 8.65 billion yuan, an increase of 77%, achieve gross profit of about 504 million yuan, in 2007 compared to 2.57 billion yuan, nearly doubling.
BYD Chairman Wang Chuanfu allocations at annual group debate in 2008 advised reporters that "benefit from the first quarter of this year's auto development guideline modifications, for instance BYD F3/F3R/F0 numerous types two times sales in both year-on-year movement, sales of separate someone types of the matching interval last year and realised a 130% -140% of high growth. "
Wang Chuanfu, said that with more years of the introduction of new forms, simultaneously with the Shenzhen Municipal Government is contemplating to purchase a new vehicle in the implementation of power grants to persons, it is anticipated this year, BYD vehicle enterprise up to 40 million flats traded, when the auto enterprise will live at half of the recorded companies.
In the Research Center for the consultancy industry data show that BYD is started by batteries, after years of development, BYD has two major IT and automotive industries. At present, BYD IT and electronic parts and components industry has covered all the core mobile phone parts and assembly operations, nickel batteries, lithium cell phone batteries, cell phone key in the global market share has reached the first major customer for Nokia, Motorola, Samsung and other international communications sector, the top client groups. Up in the car business, BYD is using its leading edge battery technology around the world, leaped to his death became the R & D and manufacture of electric vehicle pioneer.
In 2003, the prescribed acquisition of Xi'an Qinchuan BYD Automobile Co., Ltd. (now "BYD Automobile Co., Ltd."), went into the area of automobile constructing and sales, the territory starting the development of own emblem vehicle journey. Development so far, BYD has been accomplished and Xian, Beijing, Shenzhen, Shanghai, four foremost automobile commerce groundwork in vehicle constructing, mold development, form development have come to the worldwide sophisticated grade, advance the commerce and the growing pattern of fast development for the China's most innovative cutting-edge brand. Automotive goods encompass all types of high, intermediate and low-end sequence of the fuel vehicles, as well as the vehicle passes away, automotive components and constituents, dual-mode electric driven vehicles, untainted electric driven vehicles and so on. Models, encompassing representatives of F0, F3, F3-R hatchback, F6, F8 sports vehicle kind of house, DM dual-mode, for example electric driven vehicles. The area of electric driven vehicles as a foremost and international rechargeable electric battery commerce foremost, BYD will use the only expertise round the world to our power, hold the vehicle constructing clean power products.
Last year, "Warren" Buffett's Berkshire Hathaway Inc. keeping financial gathering of Sino-US vitality (MidAmericanEnergyHoldings) that will give 230 million U.S. dollars, the acquisition of registered financial gatherings in Hong Kong, Chinese rechargeable storage battery producer BYD 10% shares. Why Buffett's 1.8 billion Hong Kong dollars BYD?
For consultants in the automotive industry, said analyst Li Sheng-mao, it is clear that Buffett is the most promising environmental protection BYD electric vehicles at the core of technology - cell technology. He is expected in the automotive business with the BYD drifting further and further away on the next car business is very likely to become the focus of BYD Company. - 18424
The report shows that, BYD secondary rechargeable battery and other related products business sales 62.1 billion yuan, a decline of about 13%. Among them, the lithium-ion battery sales of 3.937 billion yuan, up basically the same; nickel battery sales are subject to United States power tools market economy and weakness in the same period last year fell 26 percent to 2.204 billion yuan. At the same time, a marked increase in the proportion of motor vehicle business. Turnover ratio in 2007 from 23% to 32%. Car sales nearly 8.65 billion yuan, an increase of 77%, achieve gross profit of about 504 million yuan, in 2007 compared to 2.57 billion yuan, nearly doubling.
BYD Chairman Wang Chuanfu allocations at annual group debate in 2008 advised reporters that "benefit from the first quarter of this year's auto development guideline modifications, for instance BYD F3/F3R/F0 numerous types two times sales in both year-on-year movement, sales of separate someone types of the matching interval last year and realised a 130% -140% of high growth. "
Wang Chuanfu, said that with more years of the introduction of new forms, simultaneously with the Shenzhen Municipal Government is contemplating to purchase a new vehicle in the implementation of power grants to persons, it is anticipated this year, BYD vehicle enterprise up to 40 million flats traded, when the auto enterprise will live at half of the recorded companies.
In the Research Center for the consultancy industry data show that BYD is started by batteries, after years of development, BYD has two major IT and automotive industries. At present, BYD IT and electronic parts and components industry has covered all the core mobile phone parts and assembly operations, nickel batteries, lithium cell phone batteries, cell phone key in the global market share has reached the first major customer for Nokia, Motorola, Samsung and other international communications sector, the top client groups. Up in the car business, BYD is using its leading edge battery technology around the world, leaped to his death became the R & D and manufacture of electric vehicle pioneer.
In 2003, the prescribed acquisition of Xi'an Qinchuan BYD Automobile Co., Ltd. (now "BYD Automobile Co., Ltd."), went into the area of automobile constructing and sales, the territory starting the development of own emblem vehicle journey. Development so far, BYD has been accomplished and Xian, Beijing, Shenzhen, Shanghai, four foremost automobile commerce groundwork in vehicle constructing, mold development, form development have come to the worldwide sophisticated grade, advance the commerce and the growing pattern of fast development for the China's most innovative cutting-edge brand. Automotive goods encompass all types of high, intermediate and low-end sequence of the fuel vehicles, as well as the vehicle passes away, automotive components and constituents, dual-mode electric driven vehicles, untainted electric driven vehicles and so on. Models, encompassing representatives of F0, F3, F3-R hatchback, F6, F8 sports vehicle kind of house, DM dual-mode, for example electric driven vehicles. The area of electric driven vehicles as a foremost and international rechargeable electric battery commerce foremost, BYD will use the only expertise round the world to our power, hold the vehicle constructing clean power products.
Last year, "Warren" Buffett's Berkshire Hathaway Inc. keeping financial gathering of Sino-US vitality (MidAmericanEnergyHoldings) that will give 230 million U.S. dollars, the acquisition of registered financial gatherings in Hong Kong, Chinese rechargeable storage battery producer BYD 10% shares. Why Buffett's 1.8 billion Hong Kong dollars BYD?
For consultants in the automotive industry, said analyst Li Sheng-mao, it is clear that Buffett is the most promising environmental protection BYD electric vehicles at the core of technology - cell technology. He is expected in the automotive business with the BYD drifting further and further away on the next car business is very likely to become the focus of BYD Company. - 18424
posted by X - Men at
2:22 AM
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