Khasapa’s fundamental analysis / Does the increase in car prices benefit Saipa? – Tejarat News
According to Tejarat News, unlike Iran Khodro, which came out of losses after the car was released on the commodity exchange and somehow its production prospered, Saipa is still struggling with its accumulated losses. So that in the autumn of last year, it identified a loss of two thousand and 103 billion tomans, and its production and sales were practically ineffective.
Of course, Saipa’s accumulated losses have been compensated to a large extent, and in order to continue this loss reduction, Saipa needs to increase its income, which will only be possible by increasing product prices and increasing production.
But the important point of the story is that in the last 6 months, even the domestic raw materials needed by Saipa have increased with the increase in the dollar price and inflation, and somehow the company’s production costs have increased with the dollar rate.
On the other hand, according to this week’s announcement by Saipa CEO, the cars produced by this company will increase by only 18% on average.
Therefore, this issue continues to be raised, when will Saipa get out of losses despite inflation and high production prices?
What record did Saipa record in March 1401?
Examining Khasapa’s monthly performance report in March 1401 shows that the company could not continue its upward trend in production and sales last month. So that Saipa was able to produce only 26,896 units of its products in the last month of last year. This number has decreased by 22% compared to the company’s production of 34,419 units in February this year.
A major part of this production reduction is the share of Shahin and Vant 151. Of course, the comparison of the company’s production in March 1401 with the same period last year shows that Saipa’s production in March 1401 has jumped 108% from 12,942 units to the current amount.
It should be mentioned that in March 1401 Saipa was able to earn five thousand and 27 billion tomans from the sale of its products, which has decreased by about 14% compared to the sales revenue of February 1401.
Further investigation of this report shows that Saipa sold 28 thousand and 375 vehicles of its production in the mentioned month.
This number has decreased by 18% and increased by 67% compared to the sales of 34,786 units in Bahman 1401 and 28,375 units in March 1400.
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