A car last year in the fourth quarter loss of 12 million 300 thousand yuan up narrowed

news March 29th, EHI announced as of December 31st 2015 fiscal fourth quarter and full year earnings. According to the report, a car rental hi fourth quarter net revenues of 421 million 500 thousand yuan, an increase of 71% over the same period; the loss of 12 million 300 thousand yuan, compared with the same period last year narrowed net loss of 45 million 500 thousand yuan.

 

first, 2015 Q4 performance points

1, net revenues of $421 million 500 thousand (about $65 million 100 thousand), an increase of 71% over the same period last year, net revenues of $246 million 500 thousand compared to an increase of 71%;

2, a loss of $12 million 300 thousand (about $1 million 900 thousand), compared with the same period last year, a net loss of 45 million 500 thousand yuan has narrowed compared to

3, gross profit of 102 million yuan (about $15 million 800 thousand), an increase of 280.6%; gross margin was 24.2%, higher than the same period last year, 10.9%;

4, the average fleet size available for 32255 vehicles, compared with the same period last year, an increase of 97.8% compared to the 16305. As of December 31, 2015, EHI final total fleet size of 38070 vehicles.

two, 2015 annual performance points

1, net income of $1 billion 450 million 600 thousand (about $223 million 900 thousand), compared with 851 million 200 thousand yuan last year, an increase of 70.4%;

2, net profit of $696 million 300 thousand (about $107 million 500 thousand), up losses, net loss of 93 million 100 thousand yuan over the same period last year;

3, gross profit of $312 million 700 thousand (about $48 million 300 thousand), an increase of 136%; gross margin was $21.6%, higher than the fiscal year 15.6% of

;

4, the average fleet size available for 26460 vehicles, compared with fiscal year 14111, an increase of 87.5% units of 2014.

three, performance outlook

a car is expected in fiscal year 2016 the company’s net revenue will be an increase of about 50%; as of December 31, 2016 the final total fleet size will be approximately 57 thousand vehicles. This expectation is only current and preliminary view, the future may change.

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