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  BYD expects net profit to soar and sales of new energy vehicles to recover

  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.

  BYD 2020-10-13
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  The first-half performance forecast of Changan Automobile announced that its net profit fell by as much as 38%.

  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.

  Changan Automobile 2021-07-14
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  The net profit of "stock speculation" is 2 billion yuan, and Changan Automobile turns losses into profits.

  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.

  Changan Automobile 2021-04-21
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  Net profit fell by 18%! The "most profitable" car insurance changed owners.

  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.

  Growth sales cars net profit net profit Group Biya income Business Company Brand New Energy Great Wall SAIC loss 2022-11-07
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  Auto House's fourth-quarter net profit increased by 39.0%, with revenue of 7.2332 billion in 2018.

  Auto House released unaudited results for the fourth quarter and the whole year of last year. The company reported fourth-quarter net revenue of 2.1878 billion yuan ($318.2 million), exceeding the company's previous expectations, while net profit was 1.0153 billion yuan ($147.7 million), up 39.0% from a year earlier. The net income of Auto House for the whole year was 7.2332 billion yuan ($1.052 billion), an increase of 28.1% from 5.6473 billion yuan in the same period last year. The net profit attributed to Auto House was 2.871 billion yuan (4.17.

  Sales volume 2019-02-27
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  BYD performance forecast: single-quarter net profit may exceed 10 billion yuan

  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.

  Biya Automotive net profit net profit New Energy growth Champions sales Company Market Technology Industry performance Product Brand 2023-10-18
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  At a glance of the financial results of 11 listed car companies in 2019, the net profit of marginal car companies soared.

  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.

  Automobile enterprise 2020-04-01
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  Five domestic car companies still lost money after a "bumper harvest" in the first half of the 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.

  SAIC Group 2021-09-04
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  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
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  More than a thousand stores withdrew from the net, and the semi-annual report of the car dealer revealed

  Under the epidemic, consumption is generally weak, and traditional car sales are declining, endangering the survival of car dealers. Recently, domestic automobile distribution groups have released half-yearly results for 2022. In the semi-annual reports of 14 A / H-share listed companies counted by "Automotive Industry concern", only Zhengtong Motor has achieved double growth in revenue and profit, and 7 companies

  Cars dealers net profit luxury holding group net profit sales Guanghui brand income data epidemic business sales 2022-09-08
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  Listed car companies reported third-quarter results, only one company achieved net profit growth.

  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.

  SAIC Group 2021-11-07
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  Chery's net profit plummeted 98%, with an average profit of only 16 yuan per car.

  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.

  Chery 2021-05-29
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  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
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  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
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  According to the results of multinational car companies in the first quarter, 80% of them showed a decline in revenue and profit.

  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.

  Volkswagen Ford 2020-05-25
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  News flash! The half-year net profit of Great Wall plunged by 60%.

  Great Wall Motor released its semi-annual results today, showing that the company's first-half operating income was 40.317 billion yuan, down 15.93% from the same period last year, and its net profit was 1.517 billion yuan, down 58.95% from the same period last year. In response to the decline in revenue and net profit of the company, Great Wall said that during the reporting period, the company increased the preferential quota for its products to benefit consumers, and continued to increase brand promotion and investment in research and development, resulting in a year-on-year decline in net profit belonging to shareholders of the parent company. For comparison, Great Wall Motor achieved total revenue of 99.23 billion yuan in 2018, down 1.92% from the same period last year, with a net profit of 5.207 billion yuan.

  Cars the Great Wall 2019-08-26
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  With the rapid growth of BYD's new energy sales, the net profit fell sharply by 88.58% in the third quarter.

  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.

  BYD New Energy BYD third quarter results 2019-10-30
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  Ningde Times expects the net profit in the first quarter to exceed 990 million yuan, an increase of more than 140% over the same period last year.

  Ningde Times announced that in the first quarter of 2019, the net profit attributable to shareholders of listed companies is expected to be 992 million-1.116 billion yuan, an increase of 140% over the same period last year. After deducting non-recurrent profits and losses, the net profit attributed to shareholders of listed companies is 888 million-969 million yuan, an increase of 230% over the same period last year. As for the main reason for the rise in net profit, Ningde Times explained that with the rapid development of the new energy vehicle industry, the domestic market demand for power batteries has increased compared with the same period last year.

  Ningde era 2019-04-09
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  Great Wall posted a net profit of 4.497 billion yuan in 2019 and a loss of 650 million yuan in the first quarter.

  On the evening of April 24, Great Wall Motor released its 2019 results report, which showed that its operating income in 2019 was 96.211 billion yuan, down 3.04 percent from 99.23 billion yuan in the same period in 2018; operating profit was 4.777 billion yuan, down 23.35 percent from 6.232 billion yuan in the same period in 2018; and the net profit of shareholders belonging to listed companies was 4.497 billion yuan, down 13.64 percent from 5.207 billion yuan in the same period in 2018. Great Wall said the decline in net profit was mainly due to the company's focus on the SUV category and increased investment in research and development.

  Great Wall Motor 2020-04-25
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  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