2007 8 13 600104 7 (021)62078960 yubing@pasc.com.cn 8 10 600104 www.china-sa.com 52 () 4.44/25.7 52 ( ) 229 ( ) 655103 ( ) 148075 ( ) 36056 (%) 83.83 () 4.83 (%) 10.6 () 7.54 35 30 24.35 450% 400% 350% 12 31 ( ) ( ) (%) () () () (%) 2004 7491 1978 30.4% 0.60 0.25 40.3 1.0 2005 6389 1105-44.2% 0.34 0.25 72.2 1.0 2006 30503 1425 29.0% 0.22 0.16 111.9 0.7 2007F 126600 4917 245.1% 0.75 0.15 32.4 0.6 2008F 153598 5683 15.6% 0.87 0.15 28.1 0.6 2009F 170104 6417 12.9% 0.98 0.2 24.9 0.8 300% 250% 200% 150% 100% 50% 0% -50% A-06 O-06 D-06 F-07 A-07 J-07 A-07
I....3 OICA...3...4...5...8 2007...9...10 II....11 III...12 2/14
I. OICA OICA 2006 892.62 803.60 626.82 52.28 23 47.93 37.36 35.23 30.72 26.50 24~28 34 17.80 1 2006 1 892.62 2 803.6 3 626.82 4 568.46 23 52.28 24 47.93 25 37.36 26 35.23 27 30.72 28 26.5 31 20.71 32 19.04 34 17.8 OICA 2006 134 91.5 42.9 2006 17.8 3/14
7 25 80 273.55 213.55 2007 2012 18% 5.7 8 10 2 2. 213.55 1. 113.88 :36.8 4 V 6 12 17 36.72 4 V 6 15 15 10.36 SUV 2.4 30 2. 80.43 3. 19.24.20. 20. 20 273.55 4/14
51.45% 160 80+80=160 20 1 25 6.4 EPS 9.77% 24 6 7 30 7 27 1947 1958 3 10 1995 6 21 2003 8 28 5 120 340 1.46, 25 7 7 2 400 400 20 10 5/14
3 2005 2006 2006H 2007H. 36672 31898-13.02% 17211 11265-34.55% : 35992 31310-13.01% 16932 10958-35.28%. 74800 73152-2.20% 37752 37653-0.26% 119670 21455 9.07% 11003 11703 6.36% : 15577 17211 10.49% 8830 10021 13.49% 4093 4244 3.69% 2173 1682-22.60% 255130 51697-6.23% 26749 25950-2.99% : 124 457 268.55% 231 252 9.09% 2020 3436 70.10% 832 1460 75.48% 52673 47804-9.24% 25686 24238-5.64%. 111472 105050-5.76% 54963 48918-11.00% 4 2001 2002 2003 2004 2005 2006 2007H 448946 560002 782036 848542 917513 1224008 761007 55714 83538 100282 95276 111472 105050 48918 5% MG 2575 MG 2006 2007 6 6/14
5 50% 50% 83.83% 50% 50% (600104) 50% 50% 67% 30% 60% 10% 33% 7 2006 133 115% 18.4% 7/14
6 2006 150 120 122 117 90 60 93 71 69 30 0 35 30 27 21 20 18 14 11 G128/135C(121)D(114)P11C105 300 60-600 2005 6CT 2006 7 2004 2005 2006 () 92249 66859 62614 ( ) 397437 310912 298782 ( ) 21153 588 1285 () 0.44 0.01 0.03 8/14
8 50.32% 100% 100% 51.59% 83.83% 2007 761007 22.46% 23.3% 14.43% 25.89%, 34% 8 6 0.7-1.6 17.68-30.18 6 6 1.8T 2.0L 6000 1 8 1.6L (600104) (600841) 9/14
5% 750 7632 234719012316 2.5 9 2007H 2006H Spark 19951 21331-6.47% 249722 200651 24.46% 269673 221982 21.48% GL8 18474 17915 3.12% 8434 19142-55.94% 673 0 0 2628 37814 19242 96.52% 2210 1524 45.01% 91327 86928 5.06% 7750 13088-40.79% 58532 41323 41.65% 225214 201790 11.61% 43657 15997 172.91% 8 4751-99.83% 1222 655 86.56% 3098 0 60249 57584 4.63% 108274 82944 30.54% 4987 3406 46.42% 221495 165337 33.97% 7632 0 724014 589109 22.90% 36993 32327 14.43% 761007 621436 22.46% 10/14
10 50% 40% 30% 20% 10% 0% 2001 2002 2003 2004 2005 2006 2007H II. 1 2 3 2007 168 25% 11/14
11 2005 2006 2007E 2008E 2009E.1053242 1332387 1635500 1867000 2061500 250006 349088 465000 536000 614000 324742 406144 467500 538000 594500 337188 460155 538000 598000 638000 0 0 25000 40000 50000 141306 117000 140000 155000 165000. 5387 8601 40300 48200 55500 4055 6042 7500 10000 12000 1332 2559 2800 3200 3500 0 0 30000 35000 40000 1058629 1340988 1675800 1915200 2117000 2008 25% 12 2005 2006 2007E 2008E 2009E 638869 3050298 12660000 15359750 17010363 520975 2486745 10950900 13270824 14662932 1827 56968 75600 90720 99792 116067 506585 1633500 1998206 2247638 3151 14147 30000 35000 40000 17754 177185 822900 921585 1020622 82020 250062 696300 806387 850518 2152 4776 63300 76799 85052 17292 88709 81000 228435 331446 98773 85618 524050 511945 504315 303 730 2000 2500 3000 1864 2078 3000 4000 5000 2229 26327 3000 4000 5000 116002 150808 607050 742880 838761 5478 8417 60705 111432 125814 62-100 54635 63145 71295 110462 142492 491711 568303 641652 () 327600 655103 655103 655103 655103 / 0.34 0.22 0.75 0.87 0.98 III 12/14
35 30 20% 6 20% 6 10%20% 6 ±10% 6 10% 13/14
2007 518029 4008866338 (0755) 82449257