The meeting launched a new series YC12VC power generation. The diesel engine is based on the 6C YC12VC platform developed mature combustion technology, combined with the results of the Austrian AVL design and consulting company to develop a new product. The product uses a V-type design, EUP and self-developed ECU technology, displacement reached 79.17L, power covering 1120 ~ 1680kW, is 1000 ~ 1500kW land generating sets, 7000-8000 ton carriers, passenger ships, work boats ideal power market.
In addition, the meeting also dealers for outstanding cooperation awarded outstanding dealers Excellence Award, Outstanding Contribution Award dealer, market Excellence Award and the Outstanding Award contract and trustworthy dealers.
The boat business is a huge deal everyone seems to be blowing off.
In 2015, the ship electric power sector will focus on "innovation team, lean operations; benchmarking research, specification matching; scraping end, winning the battle; breakthrough overseas, professional service" strategic approach to work, continue to strengthen its market competitiveness. In addition, the ship electric power division will make great efforts to consolidate the Southeast Asian market, open Europe, Africa advance in the domestic market, then the original eight sales regions expand to 10 major areas, and constantly improve the sales network and enhance the professional service capabilities, to promote the sales target is completed.
Yan Ping request, the ship electric power division must continue to introduce professional and technical personnel, to go out and advanced enterprise learning. Development of ship electric power sector in the field of technology, we must learn to leveraging, make good use of the advanced forces to develop our team, and unswervingly follow the international route, the competitiveness of our products fully meet international advanced level. Marketing channels work long way to go, and the need to advance with the times, the ship electric power division to be fully aware of the enormous energy marketing channels in the channel construction do rely on themselves, and make great efforts for change and improvement. Boat electric power division to achieve policy transparency, and distributors, OEM customers to establish a fair and equitable partnership and establish cooperative team can work hand in hand.
Meanwhile, 晏平希 looking boat powered Division further rationalize the system, function, location, function effectively, the role of division to maximize; ideas boat powered Division leadership to use to promote the work of reform, and the future, continued success.
Yuchai Group net 2015-01-28 09:44
January 25 to 26, 2015 Yuchai boat powered marketing efforts will be held in Guilin. Meeting to "grab spell end, winning the battle, the battle to 30,000 units," as the theme, a comprehensive summary of Yuchai 2014 powered boat operations, analyze market trends to explore the ship power industry, working principles put forward in 2015 and to achieve sales of 30,000 target station. The meeting also made new releases and customer recognition. Yan equality company leaders, the ship electric power division personnel, and more than 100 boats electricity distributors, OEM manufacturers representatives attended the meeting.
2014, Yuchai boat powered electric boat division of the institutional sector to conduct a comprehensive sort of internal structure of a major adjustment, the integration of product development, production, sale, supply, forming a systematic management division system institutions run effects appear; and invested heavily in product development, improve the product spectrum to achieve 6C / 6T series substantial growth in sales, while the quantities on the 6CD, 6TD electric power and other new boat, put in work fruitful. In the case of relatively low throughout the industry, Yuchai boat powered contrarian growth, product sales grew 6.5 percent, sales rose 16%. In the fierce market competition, Yuchai powered boat brand's market share of 25%, up 2%.
"10 million units, 36 million" after the ship electric power division to form electric boat division system to develop a five-year target market, but also an important part of the company's second venture. For the electric power sector in 2014 boat achievements, Yuchai shares Yan Ping, chairman expressed full recognition, "Yuchai shares increased market share, the company structure, efficiency, size tended healthy development, which is particularly worth punctuate electric power sector is the boat. "
(The reference to "million units'' is obviously not in US numbers)
Hi shuf. What you have stated is very disappointing. Check out lo3ik analysis above. I've checked his numbers. It seems Q4 will be a big miss. Unless I've missed something.
So that equates to 93,269 units for Q4. Using the same unit price as Q4 2013 (93,269 x $ 6,028) gives $ 562 million revenue for Q4, and $ 2.596 billion for 2014 against $ 2.576 billion for 2013.
In another article they state their exports were up 12%, a record high.
And trading at a 6 PE....6!! You'd think they're going broke, or a "Chinese scam", no, they're a 50 year old company with kick #$%$ earnings already. People waste so much time looking backwards as to where a company has been, what they made, ect. To me the forward looking agenda is the most important issue.
At a meager but still worthless PE of 15 we should be at 50 bucks, at a reasonable forward looking PEG we should be at 80+-
One of the most undervalued companies I've ever seen....
Among them, Wu Qiwei said, adding that the power in the truck market, highway trucks special fruitful, successful completion of the emission 4 standard to promote and market the new import, emission 4 standard on the amount of power quickly; passenger car market, the overall cross country, four off, the gas engine market continued rapid growth, YC6MK big horsepower engine volume sales, YC4S, YC4EG new mass market; through machine power market, agricultural market share achieved significantly improved, YC4D success and supporting small loaders; marine power market, the high-powered product sales increased significantly, the product structure was further improved; the passenger car market, new product promotion plan YC4W smooth progress, YC4Y20 fast-track projects; overseas market expansion smoothly and successfully obtain customer Saudi Arabia and Algeria and other countries of large orders.
"It is particularly worth mentioning is that in 2014, Yuchai successfully completed the emission 4 standard to advance and new import market, the current emission 4 standard market share in the country improved rapidly, where the share of passenger car engine emission 4 standard more than 90%."
In the face of the arrival of 2015, Yuchai is formulated to break 520,000 units of sales targets.
Furthermore, in this conference, face various market segments, Yuchai also announced availability of YC6L Euro VI emissions and YC6MK, YC4S, YC4EG several new five emissions.
Units sold - 484,000 (a decrease from 2013, I remember 2013 was slightly North of 500k units )
Market shares - an increase of 1.3% from 2013 (I guess other weaker manufacturers are getting weaker still)
Sales revenues - an increase from 2013 (% not specified) (Good news! I guess unit prices must've been up)
Multi-cylinder engine ranking - Ranked No. 1 in the nation
Engine sales of Nat. IV's as % in passenger vehicles - 90%+
All other metrics (quality, cost, QCD-timely payments, Nat 4 %, gas engine%) were all up in 2014
North Pennines - Yuchai 2015 national first joint seminar held in Kashi
Yuchai Group net 2015-01-21 08:55
January 13, 2015 North Pennines - Yuchai country first joint seminar held in Kashi City, more than 150 customers to participate. At the meeting, six loading North Pennines V3M YC6MK375N-50 heavy-duty gas tractor successful delivery of the vehicle.
The promotion by the Xinjiang Di Lingjie Motors Ltd. organization for North Pennines Yuchai engine equipped with heavy promotional card products, which highlights the loading YC6MK375N-50 North Ben V3M heavy-duty gas tractor. Through this promotion, customers of the North Pennines, Yuchai a deeper understanding of many customers signed a purchase agreement of intent.
I do not believe this part of business has anything to do with CYD. So it does not matter whatsoever.