Author: One Three Five

On May 8, Yutong Bus (600066.SH) released the April 2022 production and sales express, Andu bus sales in April were 2151 units, down 37.81% year-on-year; production was 2516 units, down 28.65% year-on-year. Among them, the sales volume of large buses was 594 units, accounting for 27.62% of the total sales in April; the sales of neutral buses were 861 units, accounting for 40.03% of the total sales in April; the cumulative sales volume from January to April 2022 was 7096 units, down 33.28% year-on-year, and the cumulative sales volume in the same period of 2021 was 10635 units.
According to the latest data from the China Bus Statistics Network, in the first quarter of 2022, the sales volume of buses over 6 meters in the bus industry reached 16,401, a slight decrease of 0.68% year-on-year, and the sales volume of buses above 6 meters in Yutong was 4,210, with a market share of 25.67%; in the first quarter, the industry sold 8,488 new energy buses over 6 meters, an increase of 4.22% year-on-year, and Yutong sold 1,733 new energy buses over 6 meters, with a market share of 20.42%.
As of May 9, Yutong Bus closed at 7.35 yuan / share, down 0.27%, with a total market value of 16.63 billion yuan.
(This article is for reference only and does not constitute investment advice, and you do so at your own risk)