I do not have that info readily available, but I am sure that it can be found fairly readily using Google translated search and a few key words.
I would do it for you now but something else is a bit more pressing at the moment.
I believe Gross Margins should improve slightly if the trend towards larger engines continues - against this weigh increased raw material costs. At some point we should also benefit from currency realignment.
When you posted the list of JVs recently I was thinking of running a matrix to model some contributions to EPS from each one. Do you happen to have the % equity interest for each JV and approximate start dates?
HLA currently holds 27.50% of CYD.
I calculate a value of $38.47 per CYD share.
Caveat: This is BEFORE they raise their earnings estimates after the 1Q10 earnings are released in about 2-3 weeks.
540,200,000 (Singaporean Dollars)
times 0.7298 (Current currency conversion rate to U.S Dollar)
=$394,237,960 (U.S. Dollar Valuation of HLA's 27.5%)
Divided by 0.275 (to "Gross Up" to Total CYD Value of...$1,433,592,581.82)
Divide by 37,268,000 (Approximate CYD shares)
= $38.47 per CYD share
Just downloaded and read it...
I find it interesting that...with 1st quarter earnings to be announced in just another couple of weeks...that this report is issued with the qualifier that they have left their earnings estimates "unchanged ahead of its 1Q10 results".
My guess is that their earnings estimates are gonna change...come Mid-May!