CSIMarket
 

China Auto Logistics Inc  (CALI)
Other Ticker:  
 
    Sector  Retail    Industry Automotive Aftermarket
   Industry Automotive Aftermarket
   Sector  Retail

China Auto Logistics Inc's

Competitiveness


 

CALI Sales vs. its Competitors Q3 2017







Revenue Growth Comparisons




Net Income Comparison




<<  CALI Stock Performance Comparisons


China Auto Logistics Inc's Comment on Competitors and Industry Peers


Tianjin is a major entry port in China. Many of the vehicles imported into Tianjin are imported by general dealers such as Toyota, Honda, Nissan, Ford, BMW, Land Rover and Mercedes-Benz. We purchase our inventory through our suppliers, who import vehicles directly from the foreign countries in which they are manufactured. Competition has increased in recent years due to an increase in the number of smaller shops entering this market. For the specialized services market related to Automobile Value Added Services and Financing Services, we believe we have secured a substantial share of the market for such services in Tianjin. We began to operate a used car sales business through Car King Tianjin. Although there are several other companies in the Tianjin market that provide the individual service we provide, we believe that we are the only one-stop automobile service provider in Tianjin.


Competitive threats may come from any company that is able to provide the services offered by us at a lower price and better quality. We charge appropriately for the high-end, high-quality services and products we offer, and we do not aspire to be the lowest cost provider of our services. Rather, we aim to distinguish ourselves from our competitors by providing the highest value to our customers. However in recent years, due to strong competition from other importers and other authorized dealers, we have been forced to lower our prices in order to maintain our leadership position. Consequently our gross margin continues to decline, but we believe that our gross margin is at its lowest level, and we expect it to stay at the current level in future quarters.