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According to the results of a number of listed car companies in the first quarter of 2020, a huge decline in revenue and profit has been inevitable, of which Great Wall Motor lost 650 million yuan.
On October 27th, the National Bureau of Statistics released the profit report of industrial enterprises above the national scale for the period from January to September. Among the 41 major industrial industries, the total profits of 30 industries increased compared with the same period last year, while 11 industries decreased. Among them, the profits of the automobile industry declined, with a total profit of 373.46 billion yuan from January to September, down 16.6% from the same period last year. In 2019, the automobile industry is affected by many factors, such as the macro-economic slowdown, the automobile market tends to be saturated, and the sixth-grade emissions are implemented in advance, resulting in a continuous decline in car sales, a decline in the efficiency of automobile enterprises, and the automobile industry has entered a cold winter. According to the statistics of China Automobile Association, China's automobile production and sales have been 15 in a row.
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.
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.
On January 8, Changan Automobile officially announced its production and sales in 2019. Data show that in December 2019, Changan automobile production and sales were 197039 and 193716 respectively, an increase of 83.52% and 30.98% respectively over the same period last year; and the cumulative production and sales of Changan automobile in 2019 were 1797429 and 1759971 respectively, down 10.08% and 15.16% respectively. Among them, Changan independent brands (Chongqing Changan, Hebei Changan, Hefei Changan) accumulated sales of 849552 vehicles in 2019, down 7.84% year on year; Changan Ford was tired in 2019.
According to the latest figures from the China Automobile Association, car sales in China totaled 1.958 million in August 2019, down 6.9 per cent from the same period last year. Of this total, passenger car sales were 1.653 million, down 7.7 per cent from the same period last year. Although the sharp decline in the industry as a whole has changed, the pressure it is facing has not been effectively alleviated. SAIC BYD, August car sales, August car company sales "id=" c7555552f546122b577dd676a5bc2b05_img_25388 "src=" https://www.autocha...
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.
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.
During the two sessions, the reporter interviewed the leaders of six automobile companies, namely FAW, Dongfeng, SAIC, BAIC, Guangzhou Automobile and Chery. In the face of a more and more open car market, Dongfeng Automobile Chairman Zhu Yanfeng said bluntly that he was not afraid of competition from foreign car companies, while in addition to Dongfeng, Chinese car companies such as SAIC, BAIC, Guangzhou Automobile and Chery said they hoped to wrestle with foreign car companies. FAW, Dongfeng, SAIC, BAIC, Guangzhou Automobile and Chery sold a total of about 19.54 million vehicles last year, accounting for about 70 percent of the country's car sales. During the two sessions, Economic Voice reporters interviewed the above six auto company bosses, including FAW Group General Economics.
On the last working day of August, SAIC disclosed its annual financial report as scheduled. The data show that the total operating income of SAIC in the first half of 2023 was 326.55 billion yuan, an increase of 3.34% over the same period last year; the net profit belonging to shareholders of listed companies was 7.09 billion yuan, an increase of 2.54% over the same period last year
GAC GROUP released the 2019 semi-annual report, according to its data, GAC GROUP, together with joint ventures and joint ventures, achieved a total operating income of about 168.685 billion yuan, down 2.27% from the same period last year. The combined operating income was about 28.351 billion yuan, down 23.79% from the same period last year. The net profit was about 4.919 billion yuan, a decrease of about 28.85% over the same period last year. In terms of sales, in the first half of this year, GAC GROUP achieved auto production and sales of 948200 and 999600 respectively, down 9.49% and 1.69% compared with the same period last year; terminal sales were 1.0228 million, up 6.79% from the same period last year.
In 2018, the cumulative sales of all Changan automobile brands reached 2.137785 million, down 25.58% from the same period last year, and almost all Changan brands declined. Entering 2019, Changan Automobile still continues the trend of sharp decline in sales in 2018. According to figures released by Changan Automobile, the company sold 144200 cars in January, down 40.1 per cent from the same period last year. In January, the sales of all six subsidiaries of Changan Automobile declined to varying degrees. The monthly sales of Changan independent brand Chongqing Changan was 66556 vehicles, down 34.4% from the same period last year. In addition to Chongqing Changan.
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.
Recently, Jiangling released its third quarter report in 2019. According to the report, Jiangling Motor achieved sales revenue of 6.686 billion yuan in the third quarter of this year, up 13.28 percent from the same period last year, while net profit belonging to shareholders of listed companies was 98.8114 million yuan, up 198.65 percent from the same period last year. In the first three quarters of 2019, the company achieved sales revenue of 20.408 billion yuan, an increase of 1.08% over the same period last year. Net profit belonging to shareholders of listed companies was 158 million yuan, down 27.93% from the same period last year. Although Jiangling Motor performed well in the third quarter, it still showed a decline in the financial results of the first three quarters.
Under the cold winter of the car market, it is a test for every car company, and Beijing Automobile is no exception. On October 29th, Beijing Auto released its third-quarter operating results, with total revenue of 138.03 billion yuan from January to September this year, an increase of 14.8 percent over the same period last year. The net profit attributed to the owner of the parent company was 3.004 billion yuan, down 21.1 percent from the same period last year. According to specific brand sales, in the first three quarters, Beijing Mercedes-Benz sold 425400 vehicles, up 17.4% from the same period last year; Beijing Hyundai sold 512100 vehicles, down 2.6% from the same period last year; and Beijing sold 52500 cars, down from the same period last year.
With April has passed more than half the time, the major domestic car companies have announced last year's financial results, and will usher in the latest financial data in the first quarter. However, when there was no optimistic upward trend for the entire automobile market, it was disrupted by a sudden COVID-19 epidemic, so that it began to usher in a sharp setback in 2020.
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.
Jianghuai Automobile officially released its performance report for the first half of 2019, which showed that the operating income in the first half of this year was 27 billion yuan, an increase of 13.88 percent over the same period last year, and the net profit attributed to shareholders of listed companies was 125 million yuan, down 23.46 percent from the same period last year. After a huge loss last year and a huge fine for emissions fraud this year, Jianghuai Motor has suffered a great loss of vitality. In terms of sales volume, JAC sold 235200 vehicles and chassis in the first half of the year, down 6.78 per cent from the same period last year. Among them, the sales of light goods vehicles (including medium goods vehicles) were 109000, down 7.37% from the same period last year.
The National Bureau of Statistics recently released information on the profits of large-scale industrial enterprises across the country in 2019. Among the 41 major industrial industries, the total profits of 28 industries increased compared with last year, while 13 industries decreased, of which the operating income of the automobile industry was 8.08467 trillion yuan, down 1.8 percent from the previous year; profits totaled 508.68 billion yuan, down 15.9 percent from the same period last year.
Affected by the COVID-19 epidemic in 2020, the automobile industry as a whole showed a state of exhaustion. According to the China Automobile Association, passenger car sales in 2020 were 20.178 million, down 6 per cent from the same period last year. By contrast, the luxury market stands out, growing one after another in the second half of the year. Thanks to this, Yongda, one of the main luxury brands, made a big profit last year.
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