Thread: Zongshen
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#39 Re: Zongshen07-31-2012, 03:24 AM
It is not really appropriate to annualize sales in an industry that has seasonality. The source of the actual production figures are www.chinamotorcyle.com and undoubtedly the Chinese government.
Zongshen production as of May 2012 YTD is at 457,238 down from the same TD of 2011 off approximately 20%. (annualized sales estimate 1,097,371.2)
Jianshe production as of May 2012 YTD is at 463,362 down from the same TD of 2011 also off approximately 20%. (annualized sales estimate 1,112,068)
Dropping in rank to eighth and seventh respectively in the ranks of Top 50.
Zongsehn exports are off 50% from 2011YTD , they ranks as the 8th largest exporter overall.
Jianshe is off 2% from 2011 YTD and ranks as the 11th largest exporter overall in the Top 50 Exporters.
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