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梁文軒先生 (Eddie Leung)
助理經理

現任職輝立助理經理,對投資股票、期權經驗豐富。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得。
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中國正通汽車服務控股有限公司 (1728)

Tuesday, January 5, 2021 Views4053

正通汽車主要於中國從事汽車相關物流業務及金融服務集團,銷售之核心汽車品牌包括寶馬、MINI及奧迪等豪華品牌,此外,還包括日產、別克、現代、本田及雪
佛蘭等中檔市場汽車品牌。

業績表現:
2020年上半年度,集團營業額減少47%至92﹒41億元(人民幣;下同),業績轉盈為虧,錄得股東應佔虧損13﹒66億元。期內業務概況如下:
(一)整體毛利減少40%至12﹒3億元,毛利率則上升1﹒5個百分點至13﹒3%;
(二)銷售乘用車:營業額下跌52﹒1%至67﹒58億元,佔總營業額73﹒1%,新車銷售業務之毛利下降57﹒6%至2﹒8億元,毛利率為4﹒1%。期內,集團實現新車銷量21﹐572台,下降58﹒6%,其中豪華及超豪華品牌銷量為17﹐570台,下降57%;
(三)售后服務:營業額減少27﹒3%至17﹒7億元,佔總營業額19﹒2%,毛利下降33﹒4%至7﹒51億元,毛利率為42﹒4%。期內,集團累計實現服務61﹒4萬台次,下降13%;
(四)提供物流服務:營業額減少14﹒3%至2﹒29億元;
(五)銷售潤滑油:營業額減少28﹒2%至1﹒17億元;
(六)金融服務:服務收入減少68﹒9%至3987萬元,利息收入下跌3﹒3%至3﹒27億元;
(七)截至2020年6月30日,集團在全國17個省、直轄市的41個城市運營網點數量達127家;
(八)於2020年6月30日,集團的現金及現金等價物為7﹒91億元,而貸款及借款、租賃負債和應付債券為194﹒96億元。淨負債比率(按貸款及借款、租賃負債和應付債券扣除現金及銀行存款後除以權益總額計算)為130﹒8%(2019年12月31日:131﹒0%)。

集團在2020間業額減少近五成,未如理想,而且各類相關汽車的連帶業務也減少二至四成。債務也遍重,儘管近日汽車股炒風較盛,似乎正通汽車仍未到買入時候,宜先觀察再撈底。

參考資料來源:
www.etnet.com.hk

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