Revenue distribution by industry:

• Commercial vehicles: approx. 70%
• Spare parts and services: approx. 20%
• Other: approx. 10%

TOP 3 Markets:

1. China: approx. 60%
2. Africa: approx. 15%
3. Southeast Asia: approx. 10%

Sinotruk (Hong Kong) Limited generates the majority of its revenue from the sale of commercial vehicles, especially heavy-duty trucks. The Chinese market remains the dominant sales market, driven by strong demand for infrastructure projects and the growing logistics sector.

Africa and Southeast Asia are also significant markets benefiting from the increasing demand for robust transportation solutions. These regions offer growth opportunities through infrastructure developments and the expansion of trade routes.

Production Sites: China

Sinotruk (Hong Kong) Limited, a leading manufacturer of commercial vehicles, primarily produces its products in China. The company has several production facilities in the country, strategically located in different provinces to maximize logistical efficiency and reduce production costs.

These production sites are equipped with modern technologies to optimize the manufacturing of trucks and other commercial vehicles. By concentrating production in China, Sinotruk can benefit from the advantages of a well-developed industrial infrastructure and the availability of skilled labor.

Revenue Growth: 10% (estimated 2024)
Profit Growth: 8% (estimated 2024)

Sinotruk (Hong Kong) Limited is pursuing a multi-pronged growth strategy focused on innovation, international expansion, and sustainability.

A key element of the strategy is increased investment in research and development to expand the product range and develop technologically advanced truck models. This includes in particular the development of electric and hybrid vehicles to meet the growing demand for environmentally friendly transport solutions.

Additionally, the company is focusing on tapping into new markets, especially in Southeast Asia and Africa, where there is a rising demand for commercial vehicles. Through strategic partnerships and joint ventures, Sinotruk plans to strengthen its market presence in these regions.

Another focus is on optimizing the supply chain and production processes to increase efficiency and reduce costs. This is intended to further enhance the company's competitiveness on a global scale.

Main raw materials: Steel, aluminum, rubber, electronic components
Countries of origin: China, Japan, South Korea, Germany

Sinotruk (Hong Kong) Limited imports a variety of raw materials and components necessary for the production of commercial vehicles. Steel and aluminum, used for the body and other vehicle parts, are mainly sourced from China and Japan. These countries offer high-quality metals at competitive prices.

Rubber, needed for tires and seals, is often imported from South Korea, as the country has a strong chemical and rubber industry. Electronic components essential for the modern technologies in the vehicles are frequently sourced from Germany and Japan, known for their advanced technologies and reliable supply chains.

By diversifying their sources of supply, Sinotruk can better manage fluctuations in raw material prices and supply chain disruptions.

Market Share in China: Approximately 15% (2024, estimated)
R&D Investments: 5% of revenue (2024)
Export Growth: 10% (2024)

Sinotruk (Hong Kong) Limited has a significant competitive advantage in the Chinese market, mainly due to its strong market presence and continuous investment in research and development. The company holds an estimated market share of about 15% in the commercial vehicles sector in China, making it one of the leading providers.

Another advantage is the export growth, which was around 10% in 2024. This demonstrates the company's ability to successfully place its products in international markets and compete against global rivals.

The investments in research and development, accounting for approximately 5% of revenue, allow Sinotruk to develop innovative products and differentiate itself technologically from the competition. This enhances the company's long-term competitiveness in both domestic and international markets.

Institutional Investor Share: Estimated at about 45% (2025)

Insider Buys/Sells: No significant transactions in the last year (2024)

The institutional investor share in Sinotruk (Hong Kong) Limited is approximately 45%, indicating strong interest from institutional investors. This demonstrates confidence in the company's long-term stability and growth potential.

In 2024, there were no significant insider buys or sells, suggesting that the management and other insiders do not currently anticipate significant changes in the company's value. This can be seen as a sign of stability and confidence in the current corporate strategy.

Market share of Sinotruk (Hong Kong) Limited: Estimated 8% (2025)

Top competitors and their market shares:

1. FAW Group: Estimated 15%
2. Dongfeng Motor Corporation: Estimated 14%
3. Beiqi Foton Motor Co., Ltd.: Estimated 10%
4. SAIC Motor Corporation Limited: Estimated 9%
5. Sinotruk (Hong Kong) Limited: Estimated 8%
6. Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors): Estimated 7%
7. Geely Auto Group: Estimated 6%
8. Great Wall Motors: Estimated 5%

Moat of Sinotruk compared to competitors:

Sinotruk has a moderate moat, mainly based on its strong brand presence and established distribution network. The company benefits from solid production capacity and close collaboration with international partners, strengthening its competitive position.

In comparison, some competitors like FAW Group and Dongfeng Motor Corporation may have a stronger moat due to their larger market shares, broader product ranges, and stronger international presence. These companies have also made extensive investments in research and development to develop innovative technologies and more environmentally friendly vehicles, which could give them a technological advantage.

In summary, while Sinotruk is well positioned, it operates in a highly competitive market where some competitors have larger resources and stronger competitive advantages.

Revenue Growth: 8.5% (2024)
Profit Growth: 10.2% (2024)
Market Share in China: 15% (2024)

Sinotruk (Hong Kong) Limited recorded solid revenue growth of 8.5% in 2024, attributed to strong demand for commercial vehicles in China and successful expansion into international markets. The company was able to increase its profit by 10.2%, driven by efficiency improvements and cost-cutting measures.

Sinotruk's market share in China stands at approximately 15%, making it one of the leading providers in the commercial vehicle industry. This strong market position provides a solid foundation for future growth, especially in a recovering global market environment.

In addition, Sinotruk is investing in research and development to expand its product range and integrate innovative technologies, which is expected to strengthen its competitiveness in the long term. Given these factors, Sinotruk (Hong Kong) Limited's stock could be an attractive investment for investors seeking growth potential in the commercial vehicle sector.

Dividend Yield: 4.5% (estimated for 2025)
Dividend History: Regular payouts over the last five years

Sinotruk (Hong Kong) Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2025 is around 4.5%, which can be considered attractive compared to other companies in the industry.

The company has demonstrated stable financial performance in the past, supporting the reliability of dividend payments. Analysts expect Sinotruk to maintain its dividend policy unless significant economic or company-specific challenges arise.