china auto electronics grp

Most car market analysts in China expect sales in the 20 million range for 2011. It is good news for China auto electronics also. Wish China auto electronics new CEO a happy chinese new year.

unaudited
1. profit after tax as at 31/12/2010 :  71,401,000 rmb
2. cash and cash equivalents as at 31/12/2010 : 72,211,000 rmb
3. basic earnings per share (rmb cents) as at 31/12/2010 :  90.36
4. net asset value per share (rmb cents) as at 31/12/2010 : 70.47

May be CAE should recruit an investor relation manager based in Singapore to promote the company. Another good year for the group. 

CORRECTION Basic EPS : 9.04 please refer to SGX announcement:)

just wonder if Japanese car makers will source parts from china auto electronics grp after the earthquake. May be CAE marketing personnel have to work  extra hard to capture more market share.

business times dd march 28 2011.
net P/E:  6.8