久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Cars

BYD's profit plummets as industry sales drop

By Li Fangfang (China Daily)
Updated: 2011-06-30 09:14
Large Medium Small

BYD's profit plummets as industry sales drop

A worker washes a BYD Co E6 electric taxi in Shenzhen, Guangdong province. BYD's sales fell in May, continuing a 10-month decline. Its flagship model F3 has fallen to fourth position from No 1 on the list of top-selling domestic cars. [Photo / Bloomberg] 

Carmaker reports 84% decline in Q1 statement to HK Stock Exchange

BEIJING - Chinese battery and carmaker BYD Co Ltd reported an 84 percent profit decline in the first quarter in a statement filed with the Hong Kong Stock Exchange on Wednesday, a day before going public in Shenzhen.

On news of the net income plunge, the H-share listed company's stock fell nearly 7 percent in Hong Kong trading on Wednesday, its biggest decline in more than three months. The share price finally closed at 23.90 yuan ($3.70), a 4.59 percent fall from the opening price.

The automaker raised 1.35 billion yuan from an A-share listing in Shenzhen this month to fund expansion and invest in research and development. The stock will start trading in Shenzhen on Thursday under a plan calling for up to 79 million shares to be issued at 18 yuan apiece.

Related readings:
BYD's profit plummets as industry sales drop BYD's new shares open to subscription
BYD's profit plummets as industry sales drop BYD lowers IPO income hopes
BYD's profit plummets as industry sales drop BYD April car sales down 11% Y-O-Y
BYD's profit plummets as industry sales drop BYD upbeat over 2011 after dismal 4th quarter

According to its financial report, the company backed by Warren Buffett had revenue of 11.7 billion yuan in the first quarter, an 11.6 percent decline from the same period a year ago. Its net profit dived 84.35 percent to 266.7 million yuan, from 1.7 billion yuan a year earlier.

The Shenzhen-based company said in the statement that the sharp decrease can be attributed to declining vehicle sales and rising management and financing costs during the period.

Hit by the shrinking demand in China's automobile market, BYD's car sales continued to decline for the 10th consecutive month in May, as its flagship model F3 has fallen to fourth position from No 1 on the domestic top-selling car list.

"The year of 2011 will be a tough one for BYD, for, I believe, it will be hard for the company to achieve its 10-plus percent sales growth target by the end of the year," said Li Kang, an analyst with China Merchants Securities Co Ltd.

"Currently, it doesn't have a competitive and complete product line-up, and it still needs time to get revenue moving in the new-energy vehicle sector."

In April, China's automobile sales experienced their first negative year-on-year growth in more than two years, owing to the expiration of the central government's incentive policies, rising gas prices, and limits placed on car purchases and vehicle use in large cities, plus the earthquake in Japan.

Domestic sales continued to slow down with further negative month-on-month passenger vehicle sales growth in May, sparking concern that the auto industry may have difficulty reaching its previous sales target of 20 million vehicles this year.

Analysts said that because of the downtrend, China's homegrown automakers face more pressure than their foreign rivals because they are weak in quality and branding.

Statistics from the China Passenger Car Association show that in May, the 21 Chinese domestic automakers sold 294,000 passenger cars, a mere 0.2 percent year-on-year increase, and a 7.5 percent decline from the previous month. Leading the trend was Beijing Automotive Group Co Ltd, which saw a 46.4 percent year-on-year sales decline.

Domestic automakers' market share in China also dipped 2.49 percent in the first five months.

Jia Xinguang, an independent auto analyst based in Beijing, said that domestic auto brands' loss of market share is not surprising.

"They are not as capable as foreign automakers regarding their products and operations. And they lack experience to adjust to the rapidly changing market," Jia said. "The (incentive) policy cannot support their development for a long time. They should strengthen their ability to produce high-quality cars."

Zhong Shi, another auto analyst, said that domestic carmakers should also pay great attention to after-sales services to promote their brands.

 

分享按鈕
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    99久久婷婷国产| 国产美女一区二区三区| 在线精品视频免费观看| 亚洲一区二区三区免费视频| 777xxx欧美| 狠狠狠色丁香婷婷综合激情| 国产精品网站一区| 91国偷自产一区二区使用方法| 午夜精品在线视频一区| 精品久久久久99| 成人av影视在线观看| 亚洲国产欧美日韩另类综合| 日韩欧美国产精品一区| 丁香激情综合国产| 亚洲在线中文字幕| 欧美不卡在线视频| av一二三不卡影片| 亚洲综合一二区| 91精品国模一区二区三区| 精品一区二区三区在线观看国产 | 免费视频最近日韩| 久久色在线观看| www.日韩在线| 丝袜亚洲另类丝袜在线| 国产亚洲女人久久久久毛片| 在线观看视频一区| 国精产品一区一区三区mba视频 | 欧美国产综合一区二区| 欧美综合一区二区三区| 黑人巨大精品欧美黑白配亚洲| 亚洲人成在线播放网站岛国| 日韩午夜激情视频| 不卡av电影在线播放| 日韩影院精彩在线| 国产精品国产三级国产普通话99 | 亚洲视频在线一区| 欧美日韩成人一区二区| 日本vs亚洲vs韩国一区三区| 一区二区三区欧美视频| 欧美一区二区三区在线视频| 国产99久久精品| 日韩精品成人一区二区三区| 中文一区一区三区高中清不卡| 欧美高清dvd| 成人中文字幕在线| 免费高清视频精品| 亚洲图片激情小说| 777亚洲妇女| 国产一区二区在线观看视频| 亚洲午夜三级在线| 中文字幕av一区二区三区高| 宅男噜噜噜66一区二区66| 国产一区二区在线电影| 亚洲成人精品影院| 国产精品美女www爽爽爽| 欧美一卡二卡三卡| 色综合av在线| 国产精品99久久久久久久vr| 奇米在线7777在线精品| 亚洲黄色av一区| 精品国产麻豆免费人成网站| 99re热视频这里只精品| 日韩av一级片| 亚洲视频在线观看一区| 久久久91精品国产一区二区精品| 欧美男生操女生| 97久久久精品综合88久久| 韩国女主播成人在线| 亚洲国产精品精华液网站| 国产精品欧美一区喷水| 日韩女同互慰一区二区| 欧美自拍偷拍午夜视频| 99re视频精品| 成人激情电影免费在线观看| 国产精品一区一区| 激情五月婷婷综合| 日韩专区在线视频| 亚洲国产色一区| 成人免费小视频| 国产精品久久久久永久免费观看| 精品少妇一区二区三区| 日韩一区二区三区免费看| 69成人精品免费视频| 欧美喷水一区二区| 欧美视频中文一区二区三区在线观看| 91蜜桃婷婷狠狠久久综合9色| 成人高清视频免费观看| 国产成人精品影院| 国产精品 欧美精品| 国产一区二区美女| 国产麻豆日韩欧美久久| 国产精品影视天天线| 国产一区二区三区香蕉| 国产在线观看一区二区| 激情欧美一区二区| 国产在线国偷精品免费看| 国产一区二区中文字幕| 国产一区二区不卡| 国产乱妇无码大片在线观看| 国产九色sp调教91| 国产v日产∨综合v精品视频| 懂色av一区二区三区免费看| 成人性生交大片免费看在线播放| 国产高清成人在线| 成人视屏免费看| av网站一区二区三区| 91视频在线看| 欧美综合亚洲图片综合区| 欧美日韩精品一区二区在线播放| 欧美日韩国产天堂| 日韩一区二区三区在线观看| 精品欧美久久久| 久久久久久久久99精品| 日本一区二区动态图| 亚洲视频综合在线| 亚洲一区二区三区四区的| 天天av天天翘天天综合网| 青青草伊人久久| 国产麻豆精品theporn| 成人毛片视频在线观看| 99久久国产综合精品麻豆| 91精品办公室少妇高潮对白| 欧美亚洲一区二区在线观看| 欧美日韩三级一区| 欧美成人女星排名| 国产日产欧美精品一区二区三区| 国产69精品一区二区亚洲孕妇| 成人免费av网站| 91国在线观看| 欧美精品123区| 久久综合五月天婷婷伊人| 欧美国产一区在线| 亚洲综合男人的天堂| 免费在线一区观看| 国产成人免费高清| 91女人视频在线观看| 91在线小视频| 91精品麻豆日日躁夜夜躁| 久久久久9999亚洲精品| 亚洲日本成人在线观看| 婷婷成人激情在线网| 国产精品18久久久久久久网站| 91麻豆6部合集magnet| 6080午夜不卡| 久久久久久久久久久久久女国产乱| 亚洲视频免费看| 强制捆绑调教一区二区| 成人午夜视频在线| 欧美日韩一区二区三区免费看| 精品久久久久久综合日本欧美| 国产精品国产三级国产普通话99| 亚洲va韩国va欧美va精品| 国模一区二区三区白浆| 91成人在线免费观看| 日韩免费观看高清完整版在线观看| 中文字幕精品一区二区精品绿巨人| 亚洲午夜久久久久久久久电影院| 黄色日韩网站视频| 在线视频亚洲一区| 久久亚洲一区二区三区明星换脸| 一区二区在线观看视频| 国产一区美女在线| 欧美日韩在线直播| 欧美国产日韩一二三区| 五月天激情综合网| 成人免费黄色大片| 日韩午夜在线观看| 亚洲精品网站在线观看| 韩国av一区二区三区四区| 91传媒视频在线播放| 国产香蕉久久精品综合网| 午夜精品久久久久久久| 成人激情午夜影院| 日韩一级黄色大片| 亚洲精品视频一区二区| 国产精品一区二区果冻传媒| 欧美日韩大陆在线| 亚洲天堂2016| 国产传媒日韩欧美成人| 欧美一卡二卡三卡四卡| 亚洲女人的天堂| 国产精品综合视频| 91精品蜜臀在线一区尤物| 亚洲少妇屁股交4| 国产河南妇女毛片精品久久久| 欧美高清激情brazzers| 成人免费小视频| 国产成人一级电影| 日韩欧美一区二区不卡| 亚洲一区二区三区在线播放| 成人av资源下载| 久久亚洲精精品中文字幕早川悠里| 亚洲风情在线资源站| 91网页版在线| 亚洲国产精品精华液2区45| 精品亚洲国内自在自线福利| 欧美精品色一区二区三区| 亚洲激情六月丁香| 成人短视频下载| 国产亚洲欧洲一区高清在线观看|