Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports:...
Transcript of Sep2019 - geelyauto.com.hk€¦ · Sales Performance. Jan-Aug 2019. 2. Overall: Domestic: Exports:...
Corporate Presentation
Sep 2019
Sales PerformanceJan-Aug 2019
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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
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
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
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
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)
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
Emgrand GS & GL
8
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
5,000
10,000
15,000
20,000
25,000
Monthly Sales Volume of Emgrand GS(incl. GSe)
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
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02,0004,0006,0008,000
10,00012,00014,00016,000
Monthly Sales Volume of Vision SUV
New Model – Binrui & Binyue
10
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
10000
15000
20000
11 12 2019 2 3 4 5 6 7 8
Monthly Sales Volume of Binyue(incl.Binyue PHEV)
-
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
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
11
LYNK & CO
12
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
0
1000
2000
3000
4000
5000
6000
10 11 12 2019 2 3 4 5 6 7 8
Monthly Sales Volume of LYNK & CO 03
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
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
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
16
-
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
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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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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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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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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