FAW Xiali: January sales chain increased significantly

Source: Internet
Author: User
Keywords Sales chain Xiali
Tags company development market market expectations research research and development stocks the new
Reviews 1, the company's January output of 27,597 vehicles, the year-on-year increase of 15.47%, the chain down 1.04%; sales of 37,460 vehicles, year-on-year growth of 19.27%, the chain growth of 56.41%, because the manufacturers more cautious, output in January, but sales are far better than the market expectations,  That's why the car stocks have rebounded sharply since the new year. 2, the company is a vehicle manufacturing, engine, transmission production, sales and research and development in one. Its "Xiali", "Granville Posture", "Granville le" series of cars, days of the brand engine, day gear transmission are the company's fist products.  Forecast 10-year profit of 298.74 million yuan-351.46 million yuan, growth of 70%-100%. 3, the company's current price of 10-12 years PE 23 times times, 18 times times, 16 times times, reasonable valuation.
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