Car stock prices generally fell in 2004 In the past year, due to the market downturn and price war, the share prices of listed companies in the automotive industry fell sharply and almost no shares were spared. Chang'an Automobile and Shanghai Automotive are the star stocks of listed companies in the category of cars. Among them, Changan Automobile is regarded as the first listed company in the automotive industry, but its performance in 2004 was indeed disappointing. Its highest share price in 2004 reached 18 yuan, but it fell to 5 yuan by the end of the year, a decline of more than 70%; Shanghai Automotive's stock price reached more than 16 yuan in April 2004 when the best car sales, but the lowest fell Up to 6 yuan, the decline is also close to 65%; Changan Automobile and Shanghai Automotive are in such a state, and the status of other auto listed companies is not much better. The performance of the commercial vehicle segment, which is more representative of Foton Motor's performance, is also disappointing. At its highest share price in 2004, the stock price was once more than 12 yuan, but it had fallen to a low of 5 yuan at the lowest. Market value has shrunk by 60% The direct consequence of the sharp drop in stock prices is the sharp drop in market value. At present, there are 13 listed companies in the automotive industry in China, namely Shanghai Automotive, Changan Automobile, FAW Car, FAW Xiali, Dongfeng Automobile, Jianghuai Automobile, Foton Motor, Jiangling Motors, Yutong Bus, Xiamen Automobile, Jinbei Automobile and Changhe. Yaxing bus. On January 12, 2004, the total market value of the 13 stocks closed at 171.21275 billion yuan. According to the closing price at the beginning of November 2004, the total market capitalization was 68.661163 trillion yuan, evaporating hundreds of billions of yuan and shrinking by about 60 billion yuan. %, of which, the market value of the top five cars with the main source of income from the car fell from 136.04287 trillion yuan on January 12 to 50.012224 billion yuan in early November last year, a 63.3% decrease; the latter 8 were mainly commercial vehicles. The market value of stocks fell from 351.6988 trillion yuan on January 12 to 18.6144 billion yuan in early November, a 47% drop. In fact, the changes in the listed company's stock price and market value can finally find the answer to the profit target. Similar to the stock price and market value, the profits of listed companies in the automotive industry also continued to decline in 2004. Although the majority of the 2004 annual report did not come out, judging from the disclosed data, the overall decline in the profits of listed auto companies in 2004 was already a foregone conclusion. According to the 2004 annual report disclosed by Shanghai Automotive, the company achieved a net profit of 1.978 billion yuan in 2004, a year-on-year increase of 30%. Shanghai Automotive is the only auto listed company that achieved the year-on-year growth in net profit so far. Prior to this, Foton Motor's annual report showed that net profit fell slightly by 4% compared with the previous year, and the warning report issued by Xingma Automobile earlier showed that net profit in 2004 will drop by a large margin by 50% year-on-year. At the beginning of 2005, automobile stock prices rebounded Starting from January 2005, driven by the Spring Festival consumer boom, many auto companies have seen a rare consumer upsurge, indicating that the fundamentals are improving. The listed company's stock price also had a direct response and there was a slight upward trend. Among them, the Changan Auto's stock price has risen from 5 yuan to about 6.5 yuan on February 24, an increase of nearly 30%; Shanghai Autos has also risen to around 6.5 yuan. Foton Motor's share price also slowly recovered. However, it remains to be seen to what extent the stock price of listed auto companies will rise.
Front row left outlet panel (low end with no chrome plate) for BMW 5 Series F10 F18 left hand drive
Features & Advantage:
Made with ABS+PC material
Easy to clean up
Feel good
Durable
FAQs:
Q. Do you have the Customized service for the items?
A. Yes, the color and size of car body bench can be customized.
Q. How do you control your quality?
A. Our factory is ISO certified. We have our own QA and QC team. They will check on site and finished products to ensure all details to meet our highest standard and the customer`s requirements.
Q. What is your payment terms?
A. We accept T/T, L/C, Western Union, Alibaba Trade Assurance, etc.
Q. How long is your lead time?
A. For stock or regular products, our lead time is 7 to 15 days. For custom-made products, our lead time is 20 to 30 days.
Q. What is your warranty?
A. Our warranty is 12 months. Parts have free replacement excluding artificial damage in Warranty. We will also stock spare parts as long as one equipment of this type is running in the world.
Shenzhen Cartrend Technology Co, Ltd , https://www.cartrendthings.com
Under aggressive attacks from Japan’s Toyota, Nissan and other auto companies, the world’s largest automaker GM’s market share and profits have continued to decline in 2004. This has also had a direct response in the stock market. Its stock price has been the highest since 2004. The dollar fell to a minimum of 37 dollars. Just as the stock market is a barometer of the economy, the status of domestic listed companies in the automotive industry can basically reflect the overall situation since 2004. It is quite not optimistic, but the situation since 2005 seems to have changed.