AutoBeta(AutoBeta.net)02/02 Report--

Changan Automobile Group is the first to announce monthly sales! According to the latest announcement of Changan Automobile, total sales in January 2021 were 251980 vehicles, an increase of 87.24% over the same period last year. Both its own brands and joint venture brands achieved year-on-year growth.

Specifically, Changan Ford sold 30117 new cars in January, an increase of 96.10% over the same period last year. With the continuous launch of new products, Changan Ford has grown rapidly. There is still a big gap between Changan Ford and before. Fox, Pteroda and Ruijie were once leaders in their respective fields, but the current sales level is only about 3000 vehicles. However, after the launch of new models such as the Ruiji, sales have turned around, but it is not easy to get back to the top. At present, Changan Ford still lacks "popular style" products, and if it wants to compete with Civic, Carola, CR-V and other models, Ford must speed up the launch of new products and speed up the localization and technology launch of new models.

Changan Mazda sold 11860 vehicles in January, up 33.77 per cent from a year earlier. At present, Changan Mazda has four models on sale, including Unksera, CX-5, CX-30 and CX-8, among which Onksera and CX-5 are the main models. According to media reports, Changan Mazda will launch a new all-electric mini SUV this year, with mileage or up to 400km, and the new car is expected to start production in June 2021 and go on sale within the third quarter.

Finally, let's take a look at Changan's own brand. In January, Changan sold 200737 Chinese-branded cars, an increase of 93.2 per cent over the same period last year, of which Changan-branded passenger cars sold 153424, up 92 per cent from the same period last year. Mainly thanks to the CS75 series, UNI-T and Changan Yitou continue to sell well.

UNI-T sold 13150 vehicles in January, making it one of the main selling models in Changan. Changan CS75 series continued to sell well, with 45135 vehicles sold at the end of January. Changan Yiyi 22529, CS55 series and CS35 series were 18777 and 12022 respectively. Other brands, Changan Auchan 30404, Changan Kaicheng 13545.

In the context of continued growth in sales, Changan Automobile is also further speeding up the high-end process. This year, Changan Automobile will launch UNI-K, the second production car of the UNI series, which uses a similar design language of UNI-T and a combination of BlueKing NE 2.0T engine and 8-speed gearbox.

Judging from the sales of a number of car companies announced at present, there is basically an increase, mainly due to the obvious decrease in the number of working days during the Spring Festival holiday last year in January, and the concentration of consumers buying cars in February this year. This has led to an increase in sales. It can be predicted that, due to the impact of last year's epidemic, a number of car companies still maintained the growth trend in the first half of the year, compared with February.

Good sales don't mean more profits! Data show that the cumulative sales of Changan Automobile Group in 2020 was 2.0037 million vehicles, an increase of 13.98% over the same period last year. According to the financial forecast disclosed by Changan Automobile, Changan Automobile is expected to make a net profit of 2.8 billion yuan to 4 billion yuan in 2020, an increase of 205.79% MUE 251.13% over the same period last year. However, after deducting non-operating profit and loss, the net profit loss is 2.6 billion yuan-3.8 billion yuan. In other words, if you only look at the automobile business, Changan Automobile is still in a state of loss, and the amount of loss is not small.

However, although the increase in sales volume during the period led to an increase in operating income, the net profit changed from a loss of 2.648 billion in the previous year to a profit of 28-4 billion, with a difference of more than 5 billion. The income recognized in the middle of the year includes 2.1 billion of when Changan New Energy Automotive Technology Co., Ltd. introduced strategic investors and 1.4 billion of the increase in the sale of its stake in Changan Peugeot Citroen. The above two projects brought in a total of 3.548 billion yuan. And the third quarter financial report will sell the Ningde era stock to achieve a net profit of about 1.971 billion yuan, with a revenue of 5.519 billion, which has a great impact on the net profit for the whole year. Due to the non-sustainability of these operations, the future of Changan Automobile may need to be more aggressive in its main business.

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