Geely Automobile Holdings Limited · HKEX:175
Geely Automobile — Investor Presentation (January 2016)
20 slides from Geely Automobile's investor presentation, January 2016
Slide 1: Corporate Presentation
Corporate Presentation January 2016
Slide 2: Sales Performance
Sales Performance Jan. - Dec. 2015 Overall: 509,863 units, +22% YoY Domestic: 484,129 units +35% YoY Exports: 25,734 units -57% YoY A-segment Sedans (EC7+New Emgrand+GC7+SC7+Vision) 332,367 units +45% YoY SUVs (GX7+SX7+GX9) 59,950 units -5% YoY 2
Slide 3: Sales Performance: Monthly Sales Volume
Sales Performance Jan. - Dec. 2015 Monthly Sales Volume 70,000 exports KingKong 60,000 domestic 50,000 40,000 30,000 20,000 (55,837 units -21%YoY) 10,000 - 10 10 10 10 10 10 4 7 4 7 4 7 4 7 4 7 4 7 2010 2011 2012 2013 2014 2015 Vision (118,996 units +373%YoY) 3
Slide 4: Domestic Market
Domestic Market • Sales volume in China fell 17% in 2014 due to the reshuffle of the sales and marketing system and the major model upgrading cycle, but started to recover since mid-2014 • Sales volume so far in 2015 was boosted by the good response to new models like New Emgrand, New Vision and GC9
Slide 5: Dealer/Brand Restructuring
Dealer/Brand Restructuring Number of Dealers in China 1100 1068 1000 976 973 981 900 941 943 800 838 700 751 694 600 500 3 brands & 1 brand & 2 brands 3 dealer 1 dealer & 2 dealer networks network networks (2008) (2014) 5
Slide 6: 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 • New turbo engines with larger power & better fuel efficiency • New 6-speed manual gearbox • NVH noise cancellation technology • Enhanced storage spa
Slide 7: 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 - 2,014 10 12 2 4 6 8 10 12 • Enhanced safety & comfort • More efficient turbo engines • New 6-speed manual gearbox • 360O 3-sensor parking assist system • PEPS (Passive Entry/Passive Start) • N
Slide 8: New Product – GC9
New Product – GC9 Monthly Sales Volume of GC9 6,000 5,000 4,000 3,000 2,000 1,000 0 2015 4 5 6 7 8 9 10 11 12 • 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 Infi
Slide 9: Other New Products
Other New Products • “Emgrand EV” (launched Nov. 2015) • Mid-size SUVs (1H2016) • Cross Vehicles (1H2016) • 4-door Sedans (1H2016) • Compact SUVs (2H2016) + upgraded versions of New Emgrand, SC7, GC7, Kingkong, Geely Panda 2016 sales volume target at 600,000 unis (+18% over 2015) 9
Slide 10: 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 2005 2007 2009 2011 2013 2005 2007 2009 2011 2013 Return on Equity
Slide 11: 2015 Interim Results
2015 Interim Results 6M to June (RMB m) 2015 2014 YoY change Sales volume (units) 252,107 187,296 +35% Turnover/Revenue 13,121 10,158 +29% Gross profit margin ratio* 18.6% 20.3% -9% Operating margin ratio** 13.3% 14.4% -8% Profit after tax 1,420 1,126 +26% Attributable profit 1,405 1,113 +26% Dilute
Slide 12: Strategy
Strategy Products • Platform and modular architecture; • Focus on powertrain technology; • In-house international design capabilities; • Joint product architecture with Volvo Car; • Gradual transition from hybrid to pure electric; • Focus on EV, PHEV & HEV to speed up new energy product offerings •
Slide 13: 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 14: 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 15: Auto Finance Joint Venture
Auto Finance Joint Venture • Located in Shanghai • RMB900m registered 80% 20% capital • Wholesales financing solutions to dealers • Retail financing solutions to end-customers • Focusing on Tier-1 & -2 cities initially • Supporting both Geely and Volvo Car brands • Progressively covering the whole C
Slide 16: New Energy Vehicles
New Energy Vehicles EC7 - EV JL7001BEV • Kandi JV Partnership to Speed up • Xindayang Electrication JV Offerings EC7 – Petro Hybrid Pure Electric + Plug-in Hybrids KD-5011 Emgrand Cross Plug-in Hybrid Zhidou 16
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: 19,217 (on 30/6/2015) Manufacturing facilities: 7 plants in China + 1 JV plant in Belarus + 1 JV plant in Uruguay Products: 13 major models under 5 platforms Distribution network: 694 dealers in China; 31 sales agents, 464 sales and ser
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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