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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Geely Automobile Holdings Ltd    0175   KYG3777B1032

GEELY AUTOMOBILE HOLDINGS LTD

(0175)
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End-of-day quote. End-of-day quote Stock Exchange of Hong Kong - 04/23
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Geely Automobile : UNAUDITED SALES VOLUME IN MARCH 2019

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04/08/2019 | 06:48am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

吉利汽車控股有限公司

GEELY AUTOMOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 175)

UNAUDITED SALES VOLUME IN MARCH 2019

The board of directors of Geely Automobile Holdings Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group's 50%-owned joint venture) for the month of March 2019 was 124,643 units, an increase of approximately 3% over the same period last year and up approximately 49% from February 2019. Of the total sales volume in March 2019, 8,122 units were new energy and electrified vehiclesNote (NEEVs). The Group's exports volume was up more than fourfold year-on-year to 7,954 units in the month of March 2019. During the month of March 2019, the Group's total sales volume in the China market was 116,689 units, a decrease of around 2% from the same period last year. The total sales volume in the first quarter of 2019 was 366,588 units, a decrease of approximately 5% from the same period last year, and achieving 24% of the Group's full year sales volume target of 1,510,000 units in 2019.

During the month of March 2019, the sales volumes of "New Emgrand" and "Vision" sedan were 21,472 units and 7,940 units, respectively. The sales volume of "Geely Boyue" (吉利博越) was 22,367 units. The sales volume of "Emgrand GS" (帝豪GS), its crossover SUV model, was 10,151 units. The sales volume of "Emgrand GL" (帝豪GL), its A+ segment sedan model, was 8,026 units. The sales volume of "Vision SUV" (遠景SUV) was 10,057 units. The sales volume of the latest sedan model "Bin Rui" (繽瑞) was 8,017 units. The sales volume of the latest SUV model "Bin Yue" (繽越) was 12,693 units.

During the month of March 2019, the Group officially launched its first MPV model "Jia Ji" (嘉際) with the sales volume of 3,085 units achieved during the period.

Amongst the NEEVs sold, the best-selling models were "Emgrand EV" (帝豪EV) and "Emgrand GSe" (帝豪GSe) in the month of March 2019, which together accounted for around 70% of the total sales volume of NEEVs.

Note: For clarity, the new energy and electrified vehicles only included the electric vehicles (EVs), hybrid electric vehicles (HEVs), mild hybrid electric vehicles (MHEVs) and plug-in hybrid electric vehicles (PHEVs).

- 1 -

During the month of March 2019, the sales volumes of "LYNK & CO 01", "LYNK & CO 02" and "LYNK & CO 03" were 4,054 units, 2,003 units and 3,008 units, respectively.

Please note that the sales volumes above are unaudited figures and have not been confirmed by the Company's auditor and may be subject to adjustment and final confirmation. Shareholders and potential investors are advised to read carefully the financial results of the Group when it is published.

By order of the Board of

Geely Automobile Holdings Limited

David C.Y. Cheung

Company Secretary

Hong Kong, 8 April 2019

As at the date of this announcement, the executive directors of the Company are Mr. Li Shu Fu (Chairman), Mr. Yang Jian (Vice Chairman), Mr. Li Dong Hui, Daniel (Vice Chairman), Mr. Gui Sheng Yue (Chief Executive Officer), Mr. An Cong Hui, Mr. Ang Siu Lun, Lawrence and Ms. Wei Mei, the non-executive director of the Company is Mr. Carl Peter Edmund Moriz Forster, and the independent non-executive directors of the Company are Mr. Lee Cheuk Yin, Dannis, Mr. Yeung Sau Hung, Alex, Mr. An Qing Heng and Mr. Wang Yang.

- 2 -

Disclaimer

Geely Automobile Holdings Ltd. published this content on 08 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 April 2019 10:47:02 UTC

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Financials (CNY)
Sales 2019 114 B
EBIT 2019 14 842 M
Net income 2019 13 791 M
Finance 2019 14 632 M
Yield 2019 2,23%
P/E ratio 2019 10,18
P/E ratio 2020 9,01
EV / Sales 2019 1,09x
EV / Sales 2020 0,96x
Capitalization 138 B
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Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 16,0  CNY
Spread / Average Target 4,3%
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NameTitle
Sheng Yue Gui Chief Executive Officer & Executive Director
Wen Ze Xu President
Shu Fu Li Chairman
Siu Lun Ang Executive Director
Jian Yang Vice Chairman
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