| Market Capitalization (Millions $) |
207 |
| Shares
Outstanding (Millions) |
4 |
| Employees |
53 |
| Revenues (TTM) (Millions $) |
514 |
| Net Income (TTM) (Millions $) |
-2 |
| Cash Flow (TTM) (Millions $) |
4 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
China Auto Logistics Inc. is a leading Chinese automobile transport and logistics company that operates through a combination of subsidiaries and controlling interests. The company primarily provides logistics, financing, and trading services for both domestic and imported automobiles in China.
China Auto Logistics operates three major segments: sales of luxury imported cars, sales of domestic cars, and automobile financing services. The company's sales of luxury imported cars segment sells and leases imported luxury cars to high-end consumers in China. This segment also provides after-sales services, such as maintenance, repairs, and parts supply for the luxury cars it sells. The company's sales of domestic cars segment sells Chinese-brand cars to consumers and dealerships in China. This segment also provides after-sales services, including vehicle storage, maintenance, and repair. Lastly, China Auto Logistics operates its automobile financing services that provide financing and leasing options for automobiles to individuals and businesses in China.
China Auto Logistics also has a significant presence in international trade. The company provides customs clearance, inspection, and shipping services to Chinese companies exporting their products overseas. Conversely, the company helps foreign companies import products into China by managing customs and transport logistics.
Founded in 1995, China Auto Logistics has been listed on the NASDAQ stock exchange since 200 The company is headquartered in Tianjin, China, and employs approximately 118 people. Its subsidiary, Tianjin Automobile International Trade Co., is one of the largest automobile importers in northern China.
As of 2021, China Auto Logistics is expanding its business by developing a blockchain-based supply chain finance platform. The platform will allow automotive dealers and suppliers to access capital at a low cost while improving efficiency and transparency in supply chain management.
In conclusion, China Auto Logistics Inc. is a significant player in China's automobile transportation and logistics industry, providing services in luxury imported and domestic car sales, automobile financing, as well as international trade services. The company is expanding its business and exploring newer technologies to improve its services and efficiency.
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