Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports:...

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Corporate Presentation Sep 2019

Transcript of Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports:...

Page 1: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

Corporate Presentation

Sep 2019

Page 2: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

Sales PerformanceJan-Aug 2019

2

Overall:Domestic:Exports:

NEEV:

844,278 units -17% YoY798,462 units -20% YoY45,816 units +233% YoY

69,973 units +115% YoY

Sedans(New Emgrand+Vision+Emgrand GL+Kingkong+Borui+Binrui+03)331,546 units -21% YoYSUVs (Vision SUV+Boyue+X1+X3+S1+Emgrand GS+Binyue+01+02)490,495 units -17% YoY

MPV(Jiaji)22,237 units

Page 3: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

0 20000 40000 60000 80000

2016

2017

2018

2019

NEEVs - Sales Volume (units)

New Energy and Electrified Vehicles

New NEEV models

Emgrand EV(2016)

Emgrand EV300(2017)

Emgrand PHEV(2017)

Borui GE MHEV Borui GE PHEV 01 PHEV

Emgrand EV350 Emgrand EV450 GSe

2019

2018

20172016

3

Xingyue MHEV Xingyue PHEV

Binyue MHEV Binyue PHEV Jiaji MHEV/PHEV

Geometry A

0 200 400 600

2016

2017

2018

2019

EV - Range Per Charge(km)

0 100 200 300

2016

2017

2018

2019

Price Range (RMB '000)

1-8/2019

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Sales Performance

4*End to Jul

020,00040,00060,00080,000

100,000120,000140,000160,000180,000

2016 4 7 10

2017 4 7 10

2018 4 7 10

2019 4 7

exportsdomestic

Monthly Sales Volume

-40%-20%

0%20%40%60%80%

100%120%140%

2016 3 5 7 9 11

2017 3 5 7 9 11

2018 3 5 7 9 11

2019 3 5 7

Domestic Sales Volume (3MMA+/-%)

51.2

76.6

124.7

150.1

74.3

2.40%3.10%

5.00%

6.30% 6.38%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

0

20

40

60

80

100

120

140

160

2015 2016 2017 2018 2019*

Annual Sales Vol & Market Share

0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%

2016 3 5 7 9 11

2017 3 5 7 9 11

2018 3 5 7 9 11

2019 3 5 7

Market Share

Page 5: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

New Emgrand & Vision

5

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

Monthly Sales Volume of New Emgrand(incl. Emgrand EV)

-

5,000

10,000

15,000

20,000

25,000

Monthly Sales Volume of Vision

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Borui GE

6

Powertrain:

Dimension: Wheelbase: Power:Max. Torque: MSRP:Fuel consumption:

1.5TD+48V BSG +7DCT1.5TD+EV Motor+7DCT4986/1861/15132870142kw/192kw300/425 N.m/rpm RMB 136,800-199,8005.8L/100km 1.6L/100km

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Monthly Sales Volume of Borui(incl. Borui GE)

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Boyue

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.8T, 2.0L6MT, 6AT4519/1831/16942670135Kw (1.8T)285/1500-4000N.m/rpm(1.8T) RMB98,800-159,800

7

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

Monthly Sales Volume of Boyue

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Emgrand GS & GL

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0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Monthly Sales Volume of Emgrand GL(incl.GL PHEV)

0

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10,000

15,000

20,000

25,000

Monthly Sales Volume of Emgrand GS(incl. GSe)

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Vision SUV

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque: MSRP:

1.3T, 1.8LCVT, 5MT4500/1834/1707266198kw/5500rpm (1.3T)185/2000-4500N.m/rpm RMB74,900-101,900

9

02,0004,0006,0008,000

10,00012,00014,00016,000

Monthly Sales Volume of Vision SUV

Page 10: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

New Model – Binrui & Binyue

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Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.4T, 1.0T6DCT,CVT,6AT,6MT4680/1785/1460267098kw/5200rpm (1.4T)215/2000-4000N.m/rpm (1.4T)RMB79,800-110,800

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.5T, 1.0T7DCT, 6MT4330/1800/16092600130kw/5500rpm (1.5T)255/1500-4000N.m/rpm (1.5T)RMB78,800-118,800

0

5000

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Monthly Sales Volume of Binyue(incl.Binyue PHEV)

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2,000

4,000

6,000

8,000

10,000

12,000

14,000

2018-9 10 11 12 2019 2 3 4 5 6 7 8

Monthly Sales Volume of Binrui

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LYNK & CO

• JV with 5:3:2 shareholding structure between the company, Volvo Car and the Zhejiang Geelyholding group

• Supplement current market coverage by Geely (mass) and Volvo brands (premium), targeting at global high-end market segment

• 263 dealers in China until 2019H1• 2020 in Europe, followed by USA;

10 new models by 2020• Lynk & Co recorded 75,477 unit

sales volume in Jan to Aug(+5%YoY).

Lynk&Co01

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Page 12: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

LYNK & CO

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0

2000

4000

6000

8000

10000

1220182 3 4 5 6 7 8 9 10 11 1220192 3 4 5 6 7 8

Monthly Sales Volume of LYNK & CO01(incl.01 PHEV)

01000200030004000500060007000

7 8 9 10 11 12 2019 2 3 4 5 6 7 8

Monthly Sales Volume of LYNK & CO 02

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2000

3000

4000

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6000

10 11 12 2019 2 3 4 5 6 7 8

Monthly Sales Volume of LYNK & CO 03

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New Products

“Geely” brand:

• A MPV model targeted atbusiness and corporate users

• A compact SUV model

• A compact sedan model

• “NEEV” versions for majorexisting models

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“Lynk&Co” brand:

• Two brand new models

• “NEEV” versions for “02”and “03” models

“Geometry” brand:• A brand new model

CONCEPT ICON

Page 14: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

Brand PP100 Overall Rank

Lynk&Co 91 12

Mass Market Average 97

Luxury Average 81

J.D.Power 2019 China Initial Quality StudySM (IQS)#

Source: J.D.Power 2019 China Initial Quality StudySM (IQS)

# based on responses from 33,468 vehicle owners who purchased their cars between May 2018 and March 2019. The study includes 266 models from 67 different brands and was fielded from November 2018 through May 2019 in 75 major cities across China.* ranking amongst Chinese brands 14

New-Vehicle Quality

Midsize Upper Economy: Geely Borui No.1Compact SUV: Geely Vision S1 No.2

Midsize Basic: Geely Vision No.3

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Geely GKUI

• GKUI smart ecosystem comprises: The cloud storage A desktop similar to your

phone A driver unique ID, safe

and reliable App-based ecosystem

• Powerful Speech recognition• Fast interactive,timely

system update• First installed in 2018 Boyue,

and later in all other models

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-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

20082009201020112012201320142015201620172018

Export Sales Volume

Financial Performance

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-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

2009201020112012201320142015201620172018

Sales Volume (Units)

49%

1,500,83810-year CAGR*: 22.1%

*CAGR: Compound Annual Growth Rate

- 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000

Average Ex-factory Prices(RMB)

10-year CAGR*: 6.4%

**DPS: Dividend Per Share

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000Net Profit (RMB Million)

10-year CAGR*: 30.5%

*CAGR: Compound Annual Growth Rate

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Auto Finance Joint Venture

• Registered capital RMB 4 Billion • Commenced operation in Sep 2015• Wholesales financing

solutions to dealers• Retail financing solutions to end-

customers• Focusing on Tier-1 & -2 cities

initially• Supporting Geely, Lynk & Co and

Volvo Car brands• Progressively covering the whole

China market• 2019H1 net profit RMB 232.7M

80% 20%

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Page 18: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

Strategy

Products: • Platform and modular architecture;• Focus on powertrain technology;• In-house international design capabilities;• Joint product architecture with Volvo Car;• Focus on EV, PHEV & MHEV to speed up new energy

product offerings;• Strategic alliance to upgrade technologies

Services: • More than 980 Geely dealers ,118 Geometry dealers and 263 LYNK & CO dealers in China;

• 16 sales agents, 249 sales and service outlets in 16 oversea countries;

• Vehicle finance JV with BNP Paribas Personal FinanceBranding: • “Geely” brand for mass market;

• “Lynk&Co” brand for upper market;• “Geometry ” brand for BEV market

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Page 19: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

Geely Automobile in Figures

Year started: 1998Total workforce: 45,500 (on Jun. 30th, 2019)Manufacturing facilities: 12 plants in China + 1 JV plant in

BelarusProducts: 17 major models under 4 platforms & 2

modular architectureDistribution network: More than 980 Geely dealers ,118 Geometry

dealers and 263 LYNK & CO dealers in China

2019 1H Sales Volume: 651,680 units 2019 1H Revenues: US$6.78 billionMarket Capitalization: US$15.7 billion (on Sep 9th, 2019)

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Page 20: Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports: NEEV : 844,278units -17%YoY. 798,462units -20%YoY. 45,816units +233YoY % 69,973units+115%YoY

Important NoticeThe information contained herein is meant for presentation purposes only and may not be used and relied upon by any other party. It is not to be taken in substitution for the exercise of judgement. You shall be solely responsible for making your own independent investigation of the merits of the discussions mentioned in this presentation. Geely Automobile Holdings Limited does not make any representations, warranty or guarantee as to the accuracy, completeness or correctness of the contents contained herein. The reproduction and/or dissemination of the contents herein is prohibited without our prior approval. Geely Automobile Holdings Limited and its officers, directors and employees accept no liability whatsoever for any direct or consequential loss howsoever arising from any use of this presentation or further communication given in relation to this presentation or its contents or otherwise arising in connection therewith.

Note: Sources of all data contained in this presentation are from Geely Automobile HoldingsLtd.,except specified otherwise.

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