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pickinstocks

04/07/10 10:04 AM

#102 RE: Opti Mist #101

Maybe you can explain this better, but looking at this, it is saying that most vehicles supplied by Shandong KAMA are trucks. So lets assume 90%. That means in 2010 that will be .9*150,000. Then if SORL takes 80% of that, thats 108,000 trucks. Now I'm not sure how many of the 300,000 3-wheeled vehicles produced by Shandong Wuzheng SORL will touch, but assume they will touch all the 60,000 trucks and that will get them 20 million RMB or about 2.93 million USD. How does this make sense? That's an average revenue of about $50 per vehicle (2,930,000/60,000). I'm trying to get the average cost per vehicle so I can determine the revenue that SORL will generate for the 108,000 trucks that will come from Shandng Kama