NAV: AutoBeta Home > AutoBeta Popular content >

Jianghuai Motor's results in the first three quarters Learn more about Jianghuai Motor's results in the first three quarters

AutoBeta has retrieved the following content about Jianghuai Motor's results in the first three quarters for you across the entire web.

• 

  The net profit of Jianghuai Motor increased by 124 million in the first three quarters, and the government subsidized nearly 500 million yuan.

  According to the announcement, JAC Motor expects to achieve a net profit of 124 million yuan from January to September, an increase of 76 million yuan over the same period last year, an increase of 159% over the same period last year. The net profit belonging to shareholders of listed companies after deducting non-economic gains and losses was-80 million yuan, an increase of 746 million yuan over the same period last year. Jianghuai Motors said in the announcement that the main reason for the pre-increase in the first three quarters is that the company takes the initiative to adjust its product structure and strictly strengthen cost control, so as to improve the profitability of its main business.

  Jianghuai Motor's results in the first three quarters 2019-10-18
• 

  China Construction Investment reduced its stake by no more than 2%, and Jianghuai Motor sales fell 8.7% in September compared with the same period last year.

  Today, Jianghuai Automobile released its latest production and marketing KuaiBao. According to KuaiBao, the total production and sales of various types of passenger vehicles and commercial vehicles in September this year were 30794 and 31679, down 10.13% and 8.7% from January to September, respectively, down 11.23% and 11.27% from January to September. Specifically: in terms of SUV models, Jianghuai Motor sold 9121 vehicles in September, up 56.85% from the same period last year; in the first three quarters, it sold 70897 vehicles, down 2.92% from the same period last year.

  Jianghuai Motor sales in September 2019-10-11
• 

  Jianghuai Automobile clarifies the announcement in response to "emission fraud", spot-checked trucks are suspected to have problems.

  In response to suspected emissions fraud, Jianghuai Automobile issued a clarification notice on the 10th that more than 700 emission trucks were sold in the Beijing market. The impact of the incident on the company is uncertain. The Beijing Municipal Bureau of Ecological Environment issued a notice on May 5 that Jianghuai Automobile was suspected of faking motor vehicle pollution control devices and passing off as qualified products for emission inspection, which would be severely punished and planned to hold a hearing on the case. Due to Jianghuai Motor's application for an extension of the hearing, the hearing of the case was finally postponed to May 16. Jianghuai Automobile said in the announcement that the Beijing Municipal Bureau of Ecological Environment had a new car ring for the company in April last year.

  2019-05-10
• 

  The emission fraud was fined 170 million, and Jianghuai Motor has applied for administrative reconsideration if it refuses to accept the punishment.

  At the end of June, Anhui Jianghuai Automobile was fined 170 million yuan by the Beijing Municipal Bureau of Ecological Environment for faking the on-board diagnosis system of some trucks and selling its pollution control devices as qualified products pretending to be qualified for emission inspection, setting a record for environmental protection fines for car companies, and it is also the second car company to be fined after Changan Ford this year. On July 26, Bietao, director of the Department of regulations and Standards of the Ministry of Ecology and Environment, revealed at a news conference that Jianghuai Motor had paid a fine. However, JAC Motor has applied for administrative reconsideration. Today, Jianghuai Motors announced that it will speak to the Chinese people on July 29, 2019.

  Automobile Jianghuai Automobile Jianghuai Automobile 2019-08-07
• 

  Jianghuai automobile emission device fraud, emission inspection or unqualified, will be subject to a heavy penalty

  Jianghuai Automobile is suspected of emission fraud! The Beijing Municipal Bureau of Ecology and Environment issued a notice on May 5 that Jianghuai Automobile was suspected of substandard motor vehicle pollution control devices and sold at the factory pretending to be qualified products for emission inspection, which would be severely punished and planned to hold a hearing on the case. Due to Jianghuai Motor's application for an extension of the hearing, the hearing of the case was finally postponed to May 16. As the hearing has not yet been held, it is not clear about the specific situation of "fraud", and finally it depends on the penalty decision. Some Jianghuai automobile insiders revealed to the media that the models accused of emission fraud this time are mainly commercial vehicles, in the process of upgrading emission standards.

  2019-05-08
• 

  Relying on government subsidies, Jianghuai Motor turned losses into profits in 2019.

  On March 19, Jianghuai Automobile released its 2019 financial results, showing that its business income reached 47.286 billion yuan in 2019, down 5.60% from the same period last year. The net profit belonging to shareholders of listed companies was 106 million yuan, compared with 2018-786 million. 2019 achieved a turnround. It seems that it has turned losses into profits, but in fact it is still difficult to escape the status quo of losses. The non-recurrent profit and loss of Jianghuai Automobile in 2019 is mainly concentrated in government subsidies, disposal of illiquid assets and investment income, of which the government subsidy is as high as 1.117 billion yuan, so although it belongs to listed companies.

  Jianghuai Automobile 2020-03-20
• 

  Semi-annual report of 12 domestic car companies in 2019: only 3 achieved net profit growth, while BYD soared year on year

  According to statistics from the China Automobile Association, in the first half of this year, a total of 12.132 million cars were produced and 1232.3 vehicles were sold in China, down 13.7% and 12.4% respectively from the same period last year. Among them, passenger car sales in the first half of the year were 10.127 million, down 14.0% from the same period last year, and the decline began to narrow from January to May. Sales of cars, SUV and MPV fell 12.9%, 13.4% and 24%, respectively. According to the recent financial data released by enterprises, it is a mixed blessing. BAIC New Energy and BYD grew with the help of new energy vehicles, while Haima lost money but decreased compared with last year.

  2019 profit Lifan 2019-08-30
• 

  Does Zhongtai Ford become a "rotten tail building"? The listing time of Jianghuai Volkswagen is a long way off?

  Zhongtai Ford is a joint venture brand formed by Zhongtai Motor and Ford Motor in November 2017. according to the agreement at that time, the first new car of the joint venture company will go into production in September this year, but it is only two months before it goes into production. So far, there has been no substantial progress on the project. It is understood that the name of the company has not passed the formal examination and approval of the National Development and Reform Commission, and it is still unknown whether the production can be carried out normally. However, Zhongtai Ford is not alone, another earlier Sino-foreign joint venture Jianghuai Volkswagen, its first model Sihao E20X was unveiled in May last year, but more than a year later.

  Ford Volkswagen Zhongtai Jianghuai 2019-08-05
• 

  Live on government subsidies? JAC's net profit soared by 154.3% in the first three quarters.

  Jianghuai Automobile officially released its third quarter results report in 2019. The report shows that in the first three quarters of this year, JAC Motor achieved operating income of 37.19 billion yuan, an increase of 2.4% over the 36.33 billion yuan in the same period last year. The net profit of shareholders belonging to listed companies was 120 million yuan, an increase of 154.3% over the 49 million yuan in the same period last year. JAC Motors previously said in a forecast that the sharp increase in net profit in the first three quarters was mainly due to the company's initiative to adjust its product structure and strictly strengthen cost control, so as to improve the profitability of its main business. Although profits have skyrocketed, sales have shown.

  Jianghuai Automobile's results for the first three quarters 2019-10-31
• 

  The results of domestic car companies rose in the first quarter, and only three fell into losses.

  According to the summary statistics of the performance of a number of listed car companies in the first quarter of 2021, revenue and profit has become a trend compared with the same period last year, of which SAIC made a net profit of 6.847 billion yuan. Listed car companies are able to hand over gratifying transcripts, not only from a low base due to the impact of last year's epidemic, but also because of the recovery of the auto industry. According to data from the Federation of passengers, a total of 5.092 million narrow passenger cars were sold in China from January to March, an increase of 68.8% over the same period last year. According to the statistical results of the first quarter of 2021, the revenue and profits of auto companies generally increased in the first quarter, while SAIC, BYD and Changan Automobile ranked in the top three in a row. Upper steam collection.

  BAIC Langu SAIC 2021-05-02
• 

  "hold the masses on the left, hug Wei on the right"! Jianghuai Motor lost all profits in 2021 in the first quarter.

  On April 15, Jianghuai Automobile released its first-quarter results for pre-sale. According to the announcement, the net profit of JAC Motor belonging to shareholders of listed companies is expected to lose 307 million yuan in the first quarter, and the net profit belonging to shareholders of listed companies after deducting non-recurrent gains and losses is expected to lose 485 million yuan. As for the reasons for profit losses, Jianghuai Motors said that due to the epidemic and chip shortage, sales of 129400 vehicles and chassis in the first quarter of 2022, down 11.67% from the same period last year, at the same time, the rising prices of chips, batteries and other raw materials led to a rise in input costs, and the gross profit of the main business in the first quarter of 2022 decreased by about...

  Jianghuai Automobile 2022-04-16
• 

  In the post-subsidy era, Jianghuai Motor can still "eat" subsidies to survive.

  one

  Jianghuai 2019-12-03
• 

  Summary of the results of domestic car companies in the third quarter, BYD Changan made a profit of more than 3 billion yuan.

  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.

  SAIC Volkswagen SAIC 2020-10-31
• 

  A number of car companies suffered a "life-and-death robbery" in February, but the sales of this one company achieved positive growth.

  As February is the critical period for epidemic prevention and control, the automobile industry is almost at a standstill in February. Although some automobile companies and dealers have resumed work one after another in the second half of the month, due to the long automobile industry chain, in fact, the resumption rate of the automobile industry is not high, resulting in sales falling back to the 2005 level in February. In addition, the inventory early warning index of car dealers hit another record high in February, rising 27.7% to 81.2% from a year earlier, putting great pressure on many dealers. According to the latest production and sales figures released by the China Association of Automobile Manufacturers, automobile production and sales fell sharply in February compared with the same period last year. Automobile production and marketing completed 285000 and 3 respectively.

  Red Flag BYD GAC GROUP 2020-03-13
• 

  The performance list of domestic automobile enterprises was released, and revenue and profit fell collectively in the first half of the year.

  Entering 2020, China's automobile market continues to be in the doldrums further, coupled with the irreparable losses caused by the COVID-19 epidemic, the sales volume of domestic car companies has dropped sharply compared with the same period last year, and the decline in operating income and net profit has become a common phenomenon. however, with the improvement of consumption level after the epidemic, the performance of car companies has also begun to pick up. According to a number of listed car companies disclosed in the 2020 interim results summary statistics (ranked according to the level of operating income), more than 90% of car companies have a double decline in revenue and profit, even SAIC is inevitable. Judging from the list, the top five car companies are SAIC, BYD and Dongfeng set.

  BYD SAIC 2020-08-29
• 

  JAC Automobile released sales figures for May, MPV models fell 51% from a year earlier.

  Anhui Jianghuai Automobile Group Co., Ltd. released the latest sales figures, its passenger car sector accumulated sales of 77933 units from January to May, down 11.8% from the same period last year. A total of 16745 passenger cars were sold in May, an increase of 21.6% over the same period last year. This is also the second monthly sales increase in 2019. In terms of passenger car market segments, sales of MPV models in May were 3247, down 50.88% from January to May, down 43.13% from January to May. The decline was also the largest in the passenger car sector. Jianghuai's MPV selling area.

  Performance automobile loss listing Jianghuai Automobile Jianghuai year-on-year profit 2019-06-10
• 

  In August, the major car companies KuaiBao, Haima sold 1560 cars a month.

  Gold, silver and silver are coming, and August is the warm-up for the peak season of car sales. Although August has just passed, many car companies can't wait to release their August sales, but they are both happy and worried. According to the auto production and sales data officially released by the Federation of passengers in August, retail sales in the national narrow passenger car market in August 2019 were 1.564 million, down 9.9% from the same period last year, with a month-on-month increase of 5.4%. Cumulative sales from January to August reached 13.001 million, down 8.9% from a year earlier. It can be seen that not only a single month but also a cumulative this year, the entire car market tends to decline. According to GAC GROUP's data.

  Cars seahorses carts 2019-09-10
• 

  Come back strong! A car company has lost 447 million yuan this year.

  Recently, Zhongtai Motor released its third quarter results of this year. According to the data, Zhongtai Motor's operating income in the third quarter was 161 million yuan, down 14.46% from the same period last year. In the first three quarters of this year, Zhongtai Motor's cumulative revenue was 532 million yuan, an increase of 9.45% over the same period last year, with a net profit loss of 1.6% in the third quarter.

  Cars markets cash sales companies overseas editions cash flow models investments activities losses net official year ago data 2023-10-31
• 

  Under the cold winter of the car market, the sales volume of Chinese car companies increased by only 20% compared with the same period last year.

  According to the latest sales figures released by the China Automobile Association, car sales in China in November were 2.457 million, down 3.6% from a year earlier, with cumulative sales of 23.11 million vehicles from January to November, a year-on-year total of 9.1%. Under the cold winter season of the car market, a total of 7.478 million Chinese brand passenger cars were sold from January to November, down 16.9 percent from the same period last year, accounting for 38.9 percent of the total passenger car sales, and the share decreased by 3.0 percentage points compared with the same period last year. According to the top 15 ranking of Chinese brand passenger car sales from January to November released by the Federation of passengers, a total of 12 Chinese brand car companies showed a year-on-year decline in sales, with only 3 cars.

  Huatai Automobile 2019-12-13
• 

  Jianghuai Volkswagen cooperation has a positive impact. Li Bin said that Wei Lai China may be listed in China.

  Although the delivery volume of Xilai is far ahead of other new domestic car-building forces, its profitability is worrying. At the earnings conference call for the first quarter of 2020, Weilai CEO Li Bin said that from the perspective of Weilai China, there is the possibility of listing in China's capital market, and Weilai makes a comprehensive decision based on all aspects of the subsequent situation in China's capital market. As for the impact of Volkswagen's acquisition of a 50% stake in Jianghuai on Weilai, Li Bin said on a conference call that the cooperation between Weilai and Jianghuai is a win-win situation, and the emergence of more new energy car manufacturers in Hefei, Anhui Province is a positive thing, even if Volkswagen reaches a war with Jianghuai.

  Weilai 2020-05-30