Golden Dragon Sales Growth Analysis in January - October of 2012 (I)
25 February 2013
www.chinabuses.org: 1. Overall Sales Growth Condition of Different Lengths
|
Total |
12<L |
11<L≤12 |
10<L≤11 |
9<L≤10 |
Jan.-Oct. 2012 |
197824 |
1994 |
41721 |
21806 |
11119 |
Jan.-Oct. 2011 |
188314 |
2556 |
36691 |
21865 |
10302 |
Y-O-Y Rise |
5.05 |
-21.99 |
13.7 |
-0.27 |
7.9 |
|
8<L≤9 |
7<L≤8 |
6<L≤7 |
5<L≤6 |
3.5<L≤5 |
Jan.-Oct. 2012 |
23930 |
29847 |
23939 |
15862 |
27606 |
Jan.-Oct. 2011 |
22485 |
28294 |
23398 |
14896 |
27827 |
Y-O-Y Rise |
6.4 |
5.49 |
2.3 |
6.5 |
-0.79 |
From the above we can see that sales in Jan.-Oct. Increase by 5.05% year-on-year, which is the tenth consecutive growth. Except super large buses, 10-11m and 3.5-5m, sales of other lengths increase. Sales of 11-12m increase the most and sales of super large buses decrease the most.
2. Golden Dragon Sales Growth Analysis of Different Lengths
|
Total |
12<L |
11<L≤12 |
10<L≤11 |
9<L≤10 |
Jan.-Oct. 2012 |
17936 |
5 |
2229 |
1354 |
421 |
Jan.-Oct. 2011 |
18087 |
17 |
2276 |
1538 |
385 |
Y-O-Y Rise |
-0.83 |
-70.6 |
-2.06 |
-11.96 |
9.35 |
Industry Rise |
5.05 |
-21.99 |
13.7 |
-0.27 |
7.9 |
|
8<L≤9 |
7<L≤8 |
6<L≤7 |
5<L≤6 |
3.5<L≤5 |
Jan.-Oct. 2012 |
1523 |
512 |
1686 |
780 |
9426 |
Jan.-Oct. 2011 |
1623 |
771 |
2567 |
1005 |
7905 |
Y-O-Y Rise |
-6.16 |
-33.6 |
-34.3 |
-22.4 |
19.2 |
Industry Rise |
6.4 |
5.49 |
2.3 |
6.5 |
-0.79 |
We can see from the above that:
(1) Sales of Golden Dragon in Jan.-Oct. decrease by 0.83% year-on-year, 6% less than industrial growth rate, which means growth of Golden Dragon in Jan.-Oct. is slowing down and Golden Dragon is the only enterprise with negative growth among Yutong, King Long, Higer and Golden Dragon.
(2) From the lengths, only sales of 3.5m-5m and 9m-10m increase and sales of over-12-meter super large buses decrease the most.
(3) Golden Dragon's product structure is improving, but not satisfactory. Sales of under-eight-meter buses accounts for 69.15% of the total, increasing year-on-year, which, however, doesn't change the profit structure.
Source : www.chinabuses.org
Editor : Song
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