Net profit per car(2008 is RMB 5200 with 30% increase by 2007)(2009 maybe RMB 6240 with 20% increase by 2008)ie net income of 2009 will be250000 x 6240RMB x 91% (Right)= 1,420,000,000 ( RMB1.42Billion)PE is just 8 only. this year will have 40-50% increase on net profit.,then PE is predict can predict to increaseEvery Geely Shareholder, lets enjoy the party right now.Next board of meeting will be held in Sept 2009,I guess it will be still keep raising till next interim report.
My 175 ,2009 net profit prediction (325413 x 6240 RMB ) + HKD 2,307,474,000
市值 @ $4.19 = 30,640,000,000
dynamic PE is 13 only. <--- so cheap and reasonable PE