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Position:analyst > analysis > Golden Dragon Sales Growth Analysis in January - October of 2012 (II)

Golden Dragon Sales Growth Analysis in January - October of 2012 (II)

2013-02-25    Source:www.chinabuses.org
Summarize:

www.chinabuses.org: 1. Coach Sales Growth Condition of Different Lengths

 

 

Total 

12<L

11<L≤12

10<L≤11

9<L≤10

Jan.-Oct. 2012

122643

340

23312

9744

5734

Jan.-Oct. 2011

132377

472

21922

9613

4854

Y-O-Y Rise

-7.35

-27.9

6.3

1.36

18.1

 

8<L≤9

7<L≤8

6<L≤7

5<L≤6

3.5<L≤5

Jan.-Oct. 2012

14133

15302

15034

12702

26342

Jan.-Oct. 2011

14845

19287

20514

13809

27061

Y-O-Y Rise

-4.8

-20.66

-26.7

-8.0

-2.65


From the above we can see that sales of coaches in Jan.-Oct. Decrease by 7.35%, much less than average growth. Sales of 3.5m-9m and super large buses plummet. Sales of 9-10m buses increase the most.


2. Golden Dragon Coach Sales Growth Condition of Different Lengths

 

 

Total

12<L

11<L≤12

10<L≤11

9<L≤10

Jan.-Oct. 2012

16118

5

1654

898

191

Jan.-Oct. 2011

16330

17

1726

939

323

Y-O-Y Rise

-1.3

-70.6

-4.17

-4.37

-40.87

Industry Rise

-7.35

-27.9

6.3

1.36

   18.1

 

8<L≤9

7<L≤8

6<L≤7

5<L≤6

3.5<L≤5

Jan.-Oct. 2012

1341

185

1686

732

9426

Jan.-Oct. 2011

1567

281

2567

1005

7905

Y-O-Y Rise

-14.4

-34.2

-34.3

-27.2

19.2

Industry Rise

-4.8

-20.66

-26.7

-8.0

-2.65


We can see from the above that:


(1) Sales of Golden Dragon coaches in Jan.-Oct. drops 1.3% year-on-year, 6% more than industrial growth rate, which means growth of Golden Dragon coaches is slowing down and the reduction restrains the growth of the total.  


(2) From the lengths we can see only sales of 3.5m-5m light buses increase. Sales of super large coaches decreases 12 units, unfavorable to the profit growth.

Editor:Song

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