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Recently, domestic car companies have released third-quarter results one after another, from the results released by 12 listed car companies, the profit performance is not optimistic. Of the 12 listed car companies, six saw a decline in profits in the third quarter, five reported a net profit loss, and only one achieved net profit growth. However, in the first three quarters, the performance of listed car companies is still relatively optimistic, except for BYD, Changan Automobile, well-off shares, Zhongtai decline, the rest have achieved growth. In the third quarter, the sales volume of major car companies did not increase significantly, or even declined, mainly because of the lack of chip supply.
On October 28th, BYD released its third-quarter results. According to the financial report, BYD's operating income in the third quarter of 2021 was 54.307 billion yuan, an increase of 21.98 percent over the same period last year, while the net profit of shareholders belonging to listed companies was 1.27 billion yuan, down 27.5 percent from the same period last year. In terms of R & D expenditure, BYD's R & D expenditure in the third quarter was 2.009 billion yuan, down 58.89% from the same period last year. In the first three quarters, the cumulative operating income reached 145.192 billion yuan, an increase of 38.25% over the same period last year; the operating cost was 126.353 billion yuan, an increase of 51.81% over the same period last year.
BYD's net profit has soared. A few days ago, BYD issued a revised announcement on its results for the first three quarters, which revised its net profit from a pre-increase of 77.86% to 115.97%, from 90.56% to 115.97%. The total net profit for the first three quarters is expected to be 3.4 billion yuan to 3.6 billion yuan. In the first half of this year, BYD made a net profit of 1.662 billion yuan, an increase of 14.29% over the same period last year. The company's previously released operating results forecast for the period from January to September 2020 shows that the expected net profit is 2.8 billion yuan to 3 billion yuan, which means that BYD expects to achieve a net profit of 1. 5% in the third quarter.
Tesla officially released its third-quarter auto production and sales figures through Weibo on Oct. 3. According to its released data, Tesla produced 365923 cars and delivered 343830 cars worldwide in the third quarter of 2022. Among them, Tesla MODEL 3 / 3 in the third quarter
Affected by the COVID-19 epidemic, the performance of domestic automobile enterprises declined almost synchronously in the first half of this year, and loss-making operation has also become a common phenomenon. In the second half of the year, a number of car companies are committed to sales growth, launching more new cars to occupy the market, and performance has also recovered to varying degrees. In the performance statistics of a number of domestic auto companies in the first three quarters of 2020, the top five are SAIC, BYD, Great Wall Automobile, GAC GROUP and Changan Automobile, among which BYD and Changan both achieved simultaneous growth in revenue and net profit. SAIC Group: net profit fell nearly 20% according to SAIC's performance report, SAIC in the first three quarters.
Mid-October has passed, a number of domestic car companies have released the latest performance forecasts for the first quarter, with the introduction and landing of the government and the rapid recovery of the domestic macro-economy, a number of head car companies showed varying degrees of profit growth in the third quarter, but it is still difficult for marginal car companies to recover the declining situation. The net profit of Changan and BYD both soared, and the profit of the main business was weak. On October 15, Changan Automobile issued a forecast for its third performance, showing a profit of 5.98-1.198 billion yuan in the third quarter of 2020, an increase of 241.84% and 384.2% over the same period last year.
According to the data, BYD achieved operating income of 31.638 billion yuan in the third quarter of 2019, down 9.17% from the same period last year; the net profit of shareholders belonging to listed companies was 1.172 billion yuan, down 88.58% from the same period last year; operating income in the first three quarters was 93.822 billion yuan, an increase of 5.44% over the same period last year The net profit belonging to the shareholders of the listed company was 1.574 billion yuan, an increase of 3.09% over the same period last year. It is worth noting that this is the first increase in the company in the past three years in the first three quarters. In 2016, BYD made a net profit in the first three quarters.
On the evening of October 17, BYD released a forecast of its results for the first three quarters of 2023. According to the report, BYD's net profit attributable to shareholders of listed companies in the first three quarters of this year was 20.5 billion-22.5 billion yuan, an increase of 120.16% 141.64% over the same period last year.
As early as January this year, it was reported that BYD's new model, the Han, will be unveiled at this year's Beijing auto show and launched in June this year, but it has now been changed to launch in the third quarter of this year, meaning the launch time of the model will be delayed.
On November 29th, ideal Motor released its results for the third quarter of 2021, showing that its revenue in the third quarter was 7.775 billion yuan, an increase of 209.7% over the same period last year. The net loss of ideal car in the third quarter was 21.5 million yuan, which narrowed by 79.9% compared with the same period last year. As of September 30, 2021, the total amount of ideal car cash and cash equivalents, restricted cash, time deposits and short-term investments is 48.83 billion yuan. The growth of ideal automobile revenue is inseparable from the growth of new car delivery. According to the financial report, the ideal car delivery volume in the third quarter of 2021 is 25116, of which vehicle sales revenue is 73.9.
Recently, domestic automobile listed companies have released Q3 financial results for 2022 one after another. Among the Q3 financial reports of 12 A-share listed vehicle companies counted by "Automotive Industry concern", only BYD, GAC GROUP, Great Wall Automobile, Lifan Technology have achieved double growth in revenue and net profit, SAIC Group, Changan Automobile, BAIC Blue Valley and so on.
On Oct. 18, BYD was reduced by BlackRock, the world's largest asset regulator, from 6.21% to 5.85%, according to Hong Kong stock exchange filings. In response to the BlackRock sale, BYD responded: "the company has tried to communicate with shareholders, but has not learned any substantive information.
On October 17, BYD released a forecast of its results for the first three quarters of 2022. It expects that the net profit attributable to shareholders of listed companies in the first three quarters will be 9.1 billion yuan to 9.5 billion yuan, an increase of 272.48% over the same period last year. The net profit after deducting non-recurring profit and loss is 8.1 billion yuan to 88%.
Domestic new energy vehicle sales data for the first three quarters of 2022 are released. From January to September 2022, retail sales of new energy passenger vehicles in China were 3.877 million, an increase of 113.2% over the same period last year, far exceeding the sales for the whole of last year, including BYD's total abandonment of fuel vehicles in April, according to the Federation of passengers' Association.
Tesla released its financial results for the third quarter of 2023 on October 19, Beijing time. According to the financial report, Tesla's total revenue in the third quarter was $23.35 billion, lower than Wall Street expectations and the slowest growth rate in three years. Of this total, revenue from the auto business was $19.625 billion, up 5 per cent from a year earlier. From
New energy vehicles are selling very well, but BYD has fallen into a strange circle of increasing income without increasing profits. On March 29th, BYD Co., Ltd. (hereinafter referred to as "BYD") realized an operating income of 216.142 billion yuan, an increase of 38.02% over the same period last year, and a net profit of 3.045 billion yuan belonging to shareholders of listed companies, a decrease of 28.08% over the same period last year. 1.255 billion yuan was deducted from non-net profit, down 57.53% from the same period last year. Quarter by quarter, BYD's operating income increased quarter by quarter from the first quarter to the fourth quarter of 2021, rising from 40.992 billion yuan in the first quarter to 70.95 billion yuan in the fourth quarter.
According to data from the Federation of passengers, retail sales of passenger cars in September 2021 were 1.582 million, down 17.3 percent from the same period last year, of which the retail volume of new energy passenger vehicles was 334000, up 202.1 percent from the same period last year and 33.2 percent from the previous month. New energy vehicles are growing against the market, and a number of car companies have sold more than 10,000 cars. It is understood that car companies that sold more than 10,000 new energy vehicles wholesale in September include BYD, Tesla China, SAIC General Motors Wuling, SAIC passenger cars, Guangzhou Automobile Eian, Great Wall Motor, Lulai Motor, and Xiaopeng Motor. Among them, BYD, Tesla, Lulai, Xiaopeng and other car companies are outstanding. According to the data of the Federation of passengers, 2.
On April 30, BYD Automobile Co., Ltd. filed a recall plan with the State Administration of Market Supervision and Administration, recalling a total of 21095 E5 vehicles produced from February 16, 2017 to March 24, 2019, and a total of 1486 Song DM cars produced from April 5, 2017 to July 15, 2018. The recall totaled 22581 vehicles. For the vehicles within the scope of this recall, due to the fact that the data that can be used for early warning is not updated in time at the vehicle terminal under some charging conditions, it is not conducive to timely finding the vehicle part through the remote data platform.
Today, BYD shares announced that it will issue 50 million new H shares with a face value of 1 yuan each in the company's registered capital. The placing price of each placing share is HK $276.0, which said that if all the shares issued were to be placed, the amount raised would be about HK $13.8 billion, with a net financing of HK $13.744 billion. As for the use of the financing, BYD said that the purpose of raising HK $29.925 billion in January was the same, and that the funds raised would mainly be used to supplement working capital, repay interest-bearing debt, invest in research and development, and general corporate uses. In addition, BYD also said that this placement will be for the.
On October 24th GM released its third-quarter 2023 results. GM's net income was $44.1 billion in the third quarter, up 5 per cent from a year earlier, while net profit was $3.1 billion, down more than 7 per cent from a year earlier, according to the results. Judging from the above-mentioned financial data, although GM made a solid profit in the third quarter,
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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