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Some media have counted the profits of some automakers through the 2018 results released by listed car companies. Who makes the most money selling cars in China? According to statistics, Beijing Mercedes-Benz took the lead, with net profit of 20 billion yuan in 2018, annual sales of 485000 vehicles and bicycle profit of 41400 yuan. The second and third place were brilliance BMW's profit of 26800 yuan and Changan Mazda's 15200 yuan respectively. (photo: daily car) in addition, self-branded bikes make the most money from Geely cars, with sales of 1.5 million yuan in 2018 and a net profit of 12.55 billion yuan.
A few days ago, according to the "Bond 2020 Annual report" released by Wuhu Construction Investment Co., Ltd., Chery Automobile Co., Ltd. accumulated car sales reached 449000 vehicles in 2020, but the annual net profit was only 7.3718 million yuan. According to relevant data, Chery's revenue in 2020 was 34.762 billion yuan and its net profit was 7.3718 million yuan, down sharply from 392 million yuan in 2019. Chery Holdings' revenue in 2020 was 25.372 billion yuan, and its net profit was 1.168 billion yuan, an increase of 131 million yuan over 1.037 billion in 2019.
On July 14, Changan Automobile released a forecast of results for the first half of 2021, which shows that the net profit belonging to shareholders in the first half of the year is expected to be 1.6 billion-1.9 billion yuan, down 26.98%-38.51% from the same period last year; net profit after deducting non-recurring profits and losses is 600-900 million yuan, an increase of 122.93%-134.39% over the same period last year. Changan Automobile said that the year-on-year decline in net profit was mainly due to a sharp drop in non-recurrent profit and loss by about 4.2 billion yuan compared with the same period last year. According to the first half of 2020 performance report, Changan Automobile in the first half of the net profit of shareholders of listed companies 2.602 billion yuan, an increase over the same period last year.
On April 20, Changan Automobile released its 2020 financial results, showing that Changan Automobile realized operating income of 84.56 billion yuan in 2020, an increase of 19.79 percent over the same period last year, and the net profit of shareholders belonging to listed companies was 3.32 billion yuan, an increase of 225.6 percent over the same period last year. The reason for the sharp increase in Changan Automobile net profit, mainly obtained three non-recurrent profit and loss items contributed a total net profit of about 5.6 billion yuan: 1, wholly-owned subsidiary Chongqing Changan New Energy Automotive Technology Co., Ltd. introduced strategic investors to increase net profit of about 2.1 billion yuan; 2, transfer 50% shares of Changan Peugeot Citroen Automobile Co., Ltd.
According to the interim performance summary statistics of a number of listed car companies, revenue and profit rose sharply compared with the same period last year, of which SAIC made a net profit of 13.314 billion yuan. Listed car companies were able to hand over gratifying transcripts, the biggest reason is that the impact of last year's epidemic led to a low base, according to the Federation of passengers retail sales data, narrow passenger car sales in the first half of 2021 accumulated 9.943 million units, an increase of 28.9% over the same period last year. According to the statistical summary of the mid-term results in 2021, the revenue and profits of Chinese auto companies generally increased, with SAIC, BYD and Dongfeng holding the top three in a row. SAIC is the largest auto company in China.
From the recent financial results disclosed by multinational car companies, it can be said to be "miserable". The operating income of multinational car companies in the first quarter generally has little impact, but the net profit has dropped sharply, including Ford, FCA, GM and other car companies. The results of the three American giants: Ford, GM, FCA Ford and FCA fell sharply in the first quarter, with Ford's operating income falling 14.9% to $34 billion and net profit plummeting 268.5% to-$2 billion. FCA's operating income fell 16.0% to $22.4 billion and net profit plummeted 43.3% to-$1.84 billion. At the end.
2019 has been a difficult year for any car company, as global car sales fell for the second year in a row and the biggest, with total global sales of 90.3 million vehicles down 4.3 per cent from a year earlier. Against this backdrop, many car companies have seen a decline in profits, including Toyota, the world's largest carmaker.
Changan Automobile, which made a net loss of 2.65 billion yuan last year, unexpectedly achieved "stopping losses" in such a way this year. On July 15, Chongqing Changan Automobile Co., Ltd. issued a semi-annual performance forecast for 2020. Changan Automobile is expected to make a profit of 2 billion yuan to 3 billion yuan in the first half, compared with a loss of 2.24 billion yuan in the same period last year, according to the report. In addition to the main automobile business, Changan Automobile made a total profit of 5.275 billion yuan on three non-recurring profit and loss items, thus helping the company to make a profit, including nearly 1.8 billion yuan earned by "stock speculation". Changan Automobile said that the company's product structure improved during the reporting period.
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.
Tesla released its financial results for the second quarter of 2023 on July 20, Beijing time. According to the financial report, Tesla's total revenue in the second quarter was 24.927 billion US dollars (about 180.1 billion yuan), an increase of 47 percent over the same period last year, a record high, higher than the market expectation of 24.51 billion US dollars.
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.
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.
With the recent disclosure of 2019 financial results by various car companies, due to the impact of two consecutive years of decline in the car market, 2019 still shows a situation of falling more than rising less, and the net profits of most car companies have declined to varying degrees.
Due to the impact of the COVID-19 epidemic in 2020, the global automobile market has suffered an unprecedented impact. In this environment, it is rare for car companies to make a profit. Recently, Volkswagen, Europe's largest automobile group, reported its 2020 results, which showed that the group made an after-tax profit of 8.82 billion euros (about 68.933 billion yuan) last year, but its profit also fell by nearly 40% compared with the previous year.
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.
Mazda reported that operating profit, net profit and profit margin all declined to varying degrees in fiscal 2018. Mazda blamed falling global sales, increased marketing spending, foreign exchange losses and rising investment costs in US retail network reform. In fiscal year 2018 (April 2018-March 2019), Mazda's global new car sales reached 1.561 million, down 4% from a year earlier, with sluggish sales in China and the United States, the company's largest regional market. In terms of performance, Mazda achieved an operating income of 3.56 trillion yen (about 220.9 billion yuan) in fiscal year 2018.
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.
On July 14, Changan Automobile issued a semi-annual performance forecast for 2022. The report shows that in the first half of the year, the net profit of Changan Automobile belonging to the shareholders of listed companies was 50-6.2 billion yuan, an increase of 189.14%, 258.54% over the same period last year, and the net profit after deducting non-recurrent profit and loss was 2.5-3.5 billion yuan.
On August 24, Dongfeng Automobile Group Co., Ltd. (hereinafter referred to as "Dongfeng Group shares") issued a profit warning announcement showing that the net profit of Dongfeng Group shares in the first half of this year is expected to decrease by about 60% compared with the same period last year. Affected by the news, Dongfeng Group shares closed down 1.46% at HK $5.33. As for the reason for the sharp decline in net profit, Dongfeng Group shares said that the COVID-19 epidemic at the beginning of the year affected the business operations and consumer spending of Chinese enterprises, while Dongfeng Group shares were at the center of COVID-19 's epidemic. The impact of the epidemic became more and more obvious in the first quarter and the overall resumption of work and production was a month later than the industry, resulting in.
On January 30, BYD Co., Ltd. (hereinafter referred to as "BYD") announced its 2022 performance forecast. According to the announcement, the company's annual net profit is expected to be 16 billion to 17 billion yuan, an increase of 425.42% to 458.26% over the same period last year, and it is expected to deduct 15.1 billion to 1% non-net profit.
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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