Analysis Of Investment Value Of The Yutong Bus Company Limited

Since2008November the United States sub-loan crisis triggered by the globalfinancial crisis has been three years, the global economy has been signs of recovery,particularly worthy of note is that08years after the auto industry as a whole is veryeye-catching performance, while the bus industry bibcock is Yutong passenger cars.Yutong Bus as the Chinese bus industry’s first brand,2011annual sales exceededforty thousand to close greatly, become the world’s largest car production base, itsleading status is obvious, has the very good investment value. The subprime crisis in08years in Shanghai, Songjiang, is very optimistic about the company, when thecompany’s share price fell to the lowest6.7yuan, and dividend policy to10to send10, rate of return on investment of more than13%, it is the big money on the marketblue domain shares on the stock investment, too little money, now face25yuan priceand each year a large proportion of dividends, is not a crime. In order to avoid asimilar regret again, taking the Yutong Bus Company as an example, combined withthe current market situation, the company of the investment value of a review andanalysis, to obtain a more objective comprehensive evaluation, discuss its futureprofitability and growth, and the total investment value, and further to elaborate thevalue investment strategy.Passenger bus companies operating condition in addition to the macroscopiceconomic form and policy implications, but also by the industry as a whole situation,their own conditions and other factors, especially the market and price is one of theimportant factors to consider. Actual in should focus on all aspects of the companyfrom proceed with comprehensive consideration of factors one by one, the management situation and development prospect evaluation. These factors include:profitability, cost, stability and growth, the circulation, the shareholders and thehistorical performance. This paper focuses mainly from the bus ’s financial situationanalysis, without introducing a" margin of safety" value investment concept, as forthe other aspects of the factor of interest we can pass other way to communicate. Inthis paper, the use of specific methods include the method of comparative analysis,ratio analysis, trend analysis, peer, and draw some tables, graphics to deepenunderstanding. Through with a number of auto enterprises in transverse andlongitudinal comparison, further defined the Yutong passenger cars at present locatedindustry status. The company has car, Yaxing bus, bus, in the bus, which have morecompetitiveness is the Xiamen Jinlong auto.Finally, through to the front discusses factors are summarized, theprimary-secondary distinction, Yutong Bus Company’s investment value and potentialin the future made an overall assessment. We also use value investing method forassessment of other listed companies to provide a certain reference value.