Geely Automobile Holdings Limited · HKEX:175
Geely Automobile — Investor Presentation (July 2016)
20 slides from Geely Automobile's investor presentation, July 2016
Slide 1: Corporate Presentation
Corporate Presentation July 2016
Slide 2: Sales Performance
Sales Performance 1st Half 2016 Overall: 280,337 units, +11% YoY Domestic: 269,669 units +15% YoY Exports: 10,668 units -40% YoY A-segment Sedans (EC7+New Emgrand+Vision) 174,884 units +8% YoY SUVs (GX7+Boyue) 33,421units -4% YoY 2
Slide 3: Sales Performance
Sales Performance 1st Half 2016 Domestic Sales Volume (3MMA+/-%) 80% 60% KingKong 40% 20% 0% 12 12 12 12 12 6 9 3 6 8 3 6 9 3 6 9 3 6 9 3 6 2011 -20% -40% (35,953 units +16%YoY) -60% Monthly Sales Volume 70,000 exports 60,000 domestic 50,000 Vision 40,000 30,000 20,000 (67,925 units +24%YoY) 10,000
Slide 4: Key Model – New Emgrand
Key Model – New Emgrand Monthly Sales Volume of New Emgrand 25,000 20,000 15,000 10,000 5,000 0 • Enhanced safety & comfort 2014 9 11 2015 3 5 7 9 11 2016 3 5 • New turbo engines with larger power & better fuel efficiency • New 6-speed manual gearbox • NVH noise cancellation technology • Enhanced st
Slide 5: Key Model – New Vision
Key Model – New Vision Monthly Sales Volume of Vision 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 - 2014 10 12 2 4 6 8 10 2016 2 4 6 • Enhanced safety & comfort • More efficient turbo engines • New 6-speed manual gearbox • 360O 3-sensor parking assist system • PEPS (Passive Entry/Passive Sta
Slide 6: Key Product – GC9
Key Product – GC9 Monthly Sales Volume of GC9 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2015 5 7 9 11 2016 3 5 • New brand image, market positioning & design philosophy • New 1.8T and 3.5L V6 engines • Fastback & sporty design • Top international suppliers • New manufacturing facilities • Harman I
Slide 7: New Product – Boyue
New Product – Boyue Engine: 1.8T, 2.0L Transmissions: 6MT, 6AT Dimension: 4519/1831/1694 Wheelbase: 2670 Power: 135Kw (1.8T) Max. Torque: 285/1500-4000 N.m/rpm(1.8T) MSRP: RMB98,800-157,800 7
Slide 8: New Product – Emgrand GS
New Product – Emgrand GS Engine: 1.3T, 1.8L Transmissions: 6DCT, 6MT Dimension: 4440/1833/1560 Wheelbase: 2700 Power: 95kw/5500rpm (1.3T) Max. Torque: 185/1750-4500N.m/rpm MSRP: RMB77,800-108,800 8
Slide 9: Upcoming New Products
Upcoming New Products • 2016 • Mid-size SUVs (March 2016) • Cross Vehicles: Emgrand GS (May 2016) • New generation of A segment Sedans (2H2016) • Compact SUVs (2H2016) 2016 sales volume target at 600,000 unis (+18% over 2015) • 2017 • First batch of new models from CMA (Compact Modular Architecture)
Slide 10: Dealer/Brand Restructuring
Dealer/Brand Restructuring Number of Dealers in China 1100 1068 1000 976 973 981 900 941 943 800 838 700 751 694 685 600 500 3 brands & 1 brand & 2 brands 3 dealer 1 dealer & 2 dealer networks network networks (2008) (2014) 10
Slide 11: Vehicle Quality & Dependability
Vehicle Quality & Dependability J.D.Power Asia Pacific 2015 China Initial Quality StudySM (IQS) Vehicle Dependability StudySM (VDS) Study Segment Model Segment Rank IQS# Compact Geely Kingkong 3 VDS^ Mass Market Geely 14 (152 pp100 vs. average of 160) VDS^ Compact Mini Geely Panda 1 # based on evalu
Slide 12: Customer Service Satisfaction
Customer Service Satisfaction J.D.Power Asia Pacific 2015 China Customer Service Index (CSI) StudySM Brand Points# Overall Rank Sector Rank* Geely 715 13 5 Mass Market Average 664 # based on a 1,000-point scale and study of 68 passenger vehicle brands in China * ranking amongst Chinese domestic bran
Slide 13: Auto Finance Joint Venture
Auto Finance Joint Venture • Located in Shanghai • RMB900m registered 80% 20% capital • Commenced operation in September 2015 • Wholesales financing solutions to dealers • Retail financing solutions to end-customers • Focusing on Tier-1 & -2 cities initially • Supporting both Geely and Volvo Car bra
Slide 14: Financial Performance
Financial Performance Annual Sales Average Ex-factory Net Profit Volume Price 3,000 600,000 60,000 2,500 500,000 50,000 2,000 400,000 40,000 1,500 300,000 30,000 1,000 200,000 20,000 100,000 10,000 500 - - 0 2005 2007 2009 2011 2013 2015 2005 2007 2009 2011 2013 2015 2005 2007 2009 2011 2013 2015 Re
Slide 15: 2015 Results In Brief
2015 Results In Brief +58% Attributable profit increased to RMB2.3 billion +22% +10% Rise in Average In total sales volume to 510,097 units Unit Price 18.2% 9.3% RMB7.3 bn Gross margin Operating margin improved to Net cash up 54% to stabilized at * Gross profit margin ratio = gross profit / turnover
Slide 16: Strategy
Strategy Products • Platform and modular architecture; • Focus on powertrain technology; • In-house international design capabilities; • Joint product architecture with Volvo Car; • Focus on EV, PHEV & HEV to speed up new energy product offerings • Strategic alliance to upgrade technologies Services
Slide 17: New Energy Strategy
New Energy Strategy Energy Efficiency < 5.0L/100Km by 2020 Affordable PHEVs at Prices of Traditional Cars New Energy Vehicles = 90% of Total Sales (PHEV/HEV:65% EV:35%) Successful Development of Hydrogen/Metal Fuel Battery Vehicles Leading New Energy, Smart Car and Light Weight Technologies 17
Slide 18: New Product – Emgrand EV
New Product – Emgrand EV • Power: 95kw • Torque: 250 Nm • Top Speed: 140km/h • Acceleration: 4.3s (0-50km/h) • Range: 330km @ 60km/h • Range: 253km (combined) • Battery Capacity: 45kWh (NCM) • Two Charging Ports: Slow (14 hours) / Fast (48 minutes) 18
Slide 19: Geely Automobile in Figures
Geely Automobile in Figures Year started: 1998 Total workforce: 18,700 (on 31/12/2015) Manufacturing facilities: 7 plants in China + 1 JV plant in Belarus + 1 JV plant in Uruguay Products: 11 major models under 5 platforms Distribution network: 683 dealers in China; 24 sales agents, 446 sales and se
Slide 20: Important Notice
Important Notice The information contained herein is meant for presentation purposes only and may not be used and relied upon by any other party. It is not to be taken in substitution for the exercise of judgement. You shall be solely responsible for making your own independent investigation of the
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