april 2020€¦ · corporate presentation april 2020. sales performance jan-mar 2020 2 ... emgrand...
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Corporate Presentation
April 2020
Sales PerformanceJan-Mar 2020
2
Overall:
Domestic:
Exports:
NEEV:
206,027 units -44% YoY
198,028 units -43% YoY
7,999 units -60% YoY
8,924 units -62% YoY
Sedans(New Emgrand+Vision+Emgrand GL+Borui+Binrui+03+Geometry A)
73,815 units -53% YoY
SUVs (Vision SUV+Boyue+Xinyue+X3+Emgrand GS+Binyue+01+02+ICON)
129,113 units -38% YoY
MPV(Jiaji)
3,099 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)
0 50000 100000 150000
2016
2017
2018
2019
2020*
NEEVs - Sales Volume (units)
*End to 1Q2020
Sales Performance
4*End to 1Q2020
020,00040,00060,00080,000
100,000120,000140,000160,000180,000
20
16 4 7
10
20
17 4 7
10
20
18 4 7
10
20
19 4 7
10
20
20
ExportsDomestic
Monthly Sales Volume
-60%
-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 9
11
2020 3
Domestic Sales Volume (3MMA+/-%)
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
Feb
-16 4 6 8
10
12
Feb
-17 4 6 8
10
12
Feb
-18 4 6 8
10
12
Feb
-19 4 6 8
10
12 2
Market Share
51.2
76.6
124.7
150.1
136.2
20.6
2.40%
3.10%
5.00%
6.30% 6.35%
7.16%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
0
20
40
60
80
100
120
140
160
2015 2016 2017 2018 2019 2020*
Yearly Sales Vol & Market Share
New Emgrand Family
5
• Emgrand, Emgrand EV, Emgrand
GS, Emgrand Gse, Emgrand GL,
Emgrand GL PHEV
• Together recorded 56,192 unit
sales volume in 1Q2020
• Emgrand remains one of the best
selling A-segment sedan models
in China
0
10000
20000
30000
40000
50000
60000
70000Monthly Sales Volume of Emgrand Family
Boyue & Borui
6
Boyue
• Recorded exceeds 20,000 unit
monthly average sales 2017-2019
• #2 China SUV sales in 2019
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
4 5 6 7 8 91
01
11
2201
7 2 3 4 5 6 7 8 91
01
11
2201
8 2 3 4 5 6 7 8 91
01
11
2201
9 2 3 4 5 6 7 8 91
01
11
2202
0 2 3
Monthly Sales Volume of Bo Series
Xingyue
7
Powertrain:
Dimension:
Wheelbase:
Power:
Max. Torque:
MSRP:
1.5TD+7DCT
1.5TD+EV Motor+7DCT
2.0T+8AT
4605/1878/1643
2700
130kw/175kw/192kw
255//350/400 N.m/rpm
RMB 135,800-216,800
*The first CMA-based Vehicle of Geely Brand
Jiaji
8
Powertrain:
Dimension:
Wheelbase:
Power:
Max. Torque:
MSRP:
1.5TD+48VBSG+7DCT
1.5TD+EV Motor+7DCT
1.8TD+6AT
4706/1909/1690
2805
130kw/135kw
255/300 N.m/rpm
RMB 99,800-192,800
*2+3+2, 2+2+3, 2+2+2 three seating options
-
1,000
2,000
3,000
4,000
5,000
6,000
Mar-19 4 5 6 7 8 9 10 11 12 2020 2 3
Monthly Sales Volume of Jiaji
Vision Family
9
• Vision Family(Vision, Vision X6,
Vision X3, Vision S1) recorded
43,710 unit sales volume in
1Q2020
0
10000
20000
30000
40000
50000
60000
Monthly Sales Volume of Vision Family
Binrui & Binyue
10
Engine:
Transmissions:
Dimension:
Wheelbase: Power:
Max. Torque:
MSRP:
1.4T, 1.0T
6DCT,CVT,6AT,6MT
4680/1785/1460
2670
98kw/5200rpm (1.4T)
215/2000-4000
N.m/rpm (1.4T)
RMB79,800-110,800
Engine:
Transmissions:
Dimension:
Wheelbase: Power:
Max. Torque:
MSRP:
1.5T, 1.0T
7DCT, 6MT
4330/1800/1609
2600
130kw/5500rpm (1.5T)
255/1500-4000
N.m/rpm (1.5T)
RMB78,800-118,800
0
5000
10000
15000
20000
25000
30000
2018-910 11 122019 2 3 4 5 6 7 8 9 10 11 122020 2 3
LYNK & CO
• JV with 5:3:2 shareholding
structure between the company,
Volvo Car and the Zhejiang Geely
Holding 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
• Lynk & Co recorded 18,443 unit
sales volume in 1Q2020(-36%
YoY).
Lynk&Co01
11
LYNK & CO
12
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
1218 2 3 4 5 6 7 8 9 10111219 2 3 4 5 6 7 8 9 10111220202 3
Monthly Sales Volume of LYNK & CO
New Products
“Geely” brand:
• A MPV model targeted at
business and corporate users
• A compact SUV model
• A compact sedan model
• “NEEV” versions for major
existing models
13
“Lynk&Co” brand:
• Two brand new models
• “NEEV” versions for “02”
and “03” models
“Geometry” brand:
• A brand new model
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
ENVIRONMENTAL, SOCIAL & GOVERNANCE (“ESG”)
15
• Continued to be a constituent of the "Hang Seng Corporate Sustainability Benchmark Index ” in 2019 - 2020
• Received an MSCI ESG Rating of AA
• Actively participated in international ESG evaluations, e.g. DJSI, S&P Global Ratings
• ESG report will be available at Geely’swebsite in late April 2020
ENVIRONMENTAL
16
• Sales volume of NEEVs 8,924 units in Q1 2020
• NEEVs contributed to 4.3% of total sales volume in Q1 2020
• 57% existing products offer NEEV versions
• ICON, a new model launched in Q1 2020, offer NEEV version
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
17
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
2010201120122013201420152016201720182019
Net Profit (RMB Mn)
10-year CAGR*: 20.14%
RMB 8,190M
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Wholesale Volume (Units)
Financial Performance
18
*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)
74,457
*Average Ex-factory Prices excluding Lynk&Co
-
10
20
30
40
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Cash DPS*(HK cents)
HK$ 0.25
10-year CAGR*: 26.9%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
Return of Equity
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
2007 2009 2011 2013 2015 2017 2019
Export Sales Volume(units)
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
• 2019 net profit RMB 509.1M
80% 20%
19
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 969 Geely dealers ,163 Geometry dealers and 284
LYNK & CO dealers in China;
• 17 sales agents, 327 sales and service outlets in 17 oversea
countries;
• Vehicle finance JV with BNP Paribas Personal Finance
Branding: • “Geely” brand for mass market;
• “Lynk&Co” brand for upper market;
• “Geometry ” brand for BEV market
20
Geely Automobile in Figures
Year started: 1998
Total workforce: 43,000 (on Dec. 31th, 2019)
Manufacturing facilities: 11 plants in China + 1 JV plant in
Belarus
Products: 17 major models under 4 platforms & 2
modular architecture
Distribution network: More than 969 Geely dealers ,163 Geometry
dealers and 284 LYNK & CO dealers in
China
2019 Sales Volume: 1,361,560 units
2019 Revenues: US$12.40 billion
Market Capitalization: US$13.03 billion (on April 8th, 2020)
21
Important Notice
The 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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