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car inc (699) Details

CAR Inc., through its subsidiaries, provides car rental and other services for individual and corporate clients in the People's Republic of China. It offers short-term rentals for local and inter-city travel needs, as well as replacement rental and other special needs; long-term rentals for corporations, SMEs, and government agencies; and finance leasing services. The company also provides various value-added services, such as car accident insurance, 24/7 roadside assistance, auto insurance and additional coverage, one-way rentals, vehicle deliver services, GPS navigation systems, vehicle delivery, child seats. In addition, it is involved in the vehicle parking management activities; processing, manufacture, and sale of auto parts; sale of used cars; and provision of chauffeured, auto repair, and consulting services. CAR Inc. offers its services in transportation hubs, such as airports and train stations, tourist destinations, business districts, and residential communities, as well as subway stations and other transportation hubs. As of December 31, 2014, it had a fleet of 63,522 vehicles; a network of 723 directly operated service locations; and 219 service locations operated by its franchisees in the People's Republic of China. The company was formerly known as China Auto Rental Inc. and changed its name to CAR Inc. in June 2014. CAR Inc. was founded in 2007 and is headquartered in Beijing, the People's Republic of China.

6,758 Employees
Last Reported Date: 04/16/15
Founded in 2007

car inc (699) Top Compensated Officers

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car inc (699) Key Developments

CAR Inc. Presents at Daiwa Auto & Industrial Leaders Conference, Jun-22-2015

CAR Inc. Presents at Daiwa Auto & Industrial Leaders Conference, Jun-22-2015 . Venue: Daiwa's Hong Kong office, Level 28, One Pacific Place, 88 Queensway, Hong Kong. Speakers: Emily Paau, Director of Investor Relations.

CAR Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015

CAR Inc. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue was RMB 1,035 million compared with RMB 788 million a year ago. Net profit after tax was THB 177 million compared with THB 98 million a year ago. Adjusted EBITDA was THB 577 million compared with THB 383 million a year ago. Adjusted net profit was THB 210 million compared with THB 132 million a year ago. Basic earnings per share were THB 0.075 compared with THB 0.053 a year ago.

CAR Inc., Q1 2015 Earnings Call, May 19, 2015

CAR Inc., Q1 2015 Earnings Call, May 19, 2015


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699:HK $16.50 HKD +0.26

699 Competitors

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Company Last Change
China Yongda Automobiles Services Holdings Ltd $5.69 HKD +0.34
Dazhong Transportation Group Co Ltd CNY16.39 CNY -0.26
eHi Car Services Ltd $14.46 USD -0.54
Shanghai Qiangsheng Holding Co Ltd CNY14.36 CNY -0.20
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Industry Average

Valuation 699 Industry Range
Price/Earnings 56.0x
Price/Sales 8.3x
Price/Book 5.4x
Price/Cash Flow 60.7x
TEV/Sales 5.3x

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