2009年11月中国汽车行业研究报告

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【出版时间及名称】：2009年11月中国汽车行业研究报告
        【作者】：元大京华
        【文件格式】：PDF
        【页数】：156
        【目录或简介】：

Table of contents
Summary .............................................................................................................. 3
Demand................................................................................................................ 5
Pricing ................................................................................................................ 24
Distribution ........................................................................................................ 27
Alternative energy vehicles.................................................................................. 30
Great Wall Motors (2333 HK) ............................................................................... 42
Investment thesis................................................................................................ 43
Valuation ............................................................................................................ 44
Earnings outlook................................................................................................. 48
Dongfeng Motors (489 HK).................................................................................. 64
Investment thesis................................................................................................ 65
Valuation ............................................................................................................ 66
Earnings outlook................................................................................................. 71
Geely Automobile (175 HK) ................................................................................. 91
Investment thesis................................................................................................ 92
Valuation ............................................................................................................ 93
Earnings outlook................................................................................................. 97
Denway Motors (203 HK)................................................................................... 112
Investment thesis.............................................................................................. 113
Valuation .......................................................................................................... 114
Earnings outlook............................................................................................... 119
Brilliance China (1114 HK)................................................................................. 132
Investment thesis.............................................................................................. 133
Valuation .......................................................................................................... 134
Earnings outlook............................................................................................... 138

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