Fundamental analysis of automobile stocks / inflation increased Iran Khodro’s income! – Tejarat News
According to Tejarat News, a look at Iran Khodro’s performance in September indicates that the number of production and sales of the company increased compared to last month and decreased compared to the same period last year. This issue was also seen in the past months, and the continuation of this trend in the second half of this year will make it extremely difficult for Iran Khodro.
Record of Iran Khodro in September 1402
A closer examination of the monthly report of “Car” in September shows that the company produced 44 thousand 542 cars in this month, which has increased by 21% compared to the production of 36 thousand 832 cars in August. Of course, it should be said that Iran Khodro had produced 45,389 vehicles in the same period last year, which was about two percent more than the current circulation.
Of course, on the sales side, these figures were repeated more strongly; Comparing Iran Khodro’s sales circulation in the two months of September and August of this year indicates that this parameter has gone through a 46% jump in the mentioned period of time. At first glance, Iran Khodro may be given a passing grade in the sales department of Shahrivar, but it must be said that the company’s sales volume in Shahrivar this year decreased by more than 20% compared to Shahrivar 1401, and from 51,237 units to 40,942 units. . It should be noted that Iran Khodro’s sales circulation in August this year was 27,989 units.
The relative increase in the income of Iran Khodro
A look at Iran Khodro’s September report shows that the monthly income of “Khodro” has gone through a big jump this month. Because, on the one hand, the increase in sales compared to August and on the other hand, the increase in car prices helped this.
According to this report, Iran Khodro earned 32,563 billion tomans from the sale of its products in September this year, which has increased by more than 255% compared to 9,157 billion tomans in August 1402. Also, the company’s September income has increased by more than 70% compared to Iran Khodro’s sales amount of 19,53 billion tomans in September last year. This is despite the fact that the company’s sales have dropped by 20% during this period. Therefore, Iran Khodro owes its increase in income this month to the increase in car prices.
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