Summarize：Part 3 Growth of Youngman Neoplan
1. Analysis of sales volume growth of all lengths
|
|
Total
|
12＜L
|
11＜L≤12
|
10＜L≤11
|
9＜L≤10
|
|
Jan-Aug 2009
|
1355
|
400
|
752
|
155
|
48
|
|
Jan-Aug 2008
|
1298
|
282
|
809
|
122
|
85
|
|
Growth YoY
|
4.4
|
41.8
|
-7.0
|
27.0
|
-43.5
|
|
Industry Growth
|
-21.3
|
-56.8
|
-29.8
|
-20.9
|
-19.4
|
It is observed that:
a. Zhejiang Youngman gets the largest market share in high grade buses, and they had increased 4.4% in the first eight months which is much higher than average growth rate. They contributed a lot in keeping bus industry declining entirely.
b. Youngman super large buses increased by 118 vehicles, + 41.8%, which is 98.6% higher than industry growth of -56.8%. And they contribute great to keep from overall big decline in the first eight months. And it also indicated that Youngman is the leading company in super large buses with strong profitability.
c. The amplitude of 11~12-meter is -7.0%, nearly 23% higher than the average -29.8%; 10~11-meter is 27%, nearly 48% higher than average growth rate. And they contribute great to keep from big decline in the first eight months.
2. Youngman coaches
|
|
Total
|
12＜L
|
11＜L≤12
|
10＜L≤11
|
9＜L≤10
|
|
Jan-Aug 2009
|
1074
|
247
|
624
|
155
|
48
|
|
Jan-Aug 2008
|
860
|
118
|
535
|
122
|
85
|
|
Growth YoY
|
24.9
|
109.3
|
16.6
|
27.0
|
-43.5
|
|
Industry Growth
|
-20.0
|
26.4
|
-22.5
|
-34.1
|
-27.6
|
It is observed from above:
a. The growth rate of Youngman coaches is 24.9% in the first eight months, much higher than the average growth rate. And they contribute a lot to keep coach industry from declining.
b. Youngman super large buses increased by 129 vehicles, + 109.3%, which is nearly 73% higher than industry growth of +26.4%. And they contribute great to keep from overall big decline in the first eight months. And it also proved that Youngman is the leading company in super large buses with strong profitability.
c. The amplitude of 11~12-meter is +16.6%, nearly 39% higher than the average -22.5%; 10~11-meter is 27%, nearly 61% higher than average growth rate. And they contribute great to keep from big decline in the first eight months.
3. Youngman sleeper bus
|
|
Total
|
12＜L
|
11＜L≤12
|
|
Jan-Aug 2009
|
197
|
69
|
128
|
|
Jan-Aug 2008
|
156
|
47
|
109
|
|
Growth YoY
|
26.3
|
46.8
|
17.4
|
|
Industry Growth
|
-7.1
|
50.4
|
-11.7
|
It is observed from above:
a. Youngman sleeper buses increased by 26.3% from January to August, much higher than average growth rate, and they also saw the biggest increase in bus industry. And they contribute great to keep sleeper bus from declining in the first eight months.
b. Sleeper buses, mainly super large bus and 11~12-meter buses, increased by 46.8% and 17.4% with 22 and 21 vehicles separately.
In sum, Youngman bus is mainly producing highway passenger vehicles, which claimed 94% in the first eight months this year and public transport buses claim only 6%, and it is noted that Youngman is an excellent bus manufacturer with strong profitability. As a standout representative in the second bus manufacturer camp, Youngman bus contributes a lot to healthy development of bus industry.
