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The global region was hit by the COVID-19 epidemic in the first half of this year, and many multinational car companies suffered losses to varying degrees. However, according to the financial reports released by a number of multinational car companies one after another, under the influence of this year's epidemic, some car companies are still making profits. Porsche is still the most profitable car company, with a bicycle profit of nearly 10, 000 euros.
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.
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.
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.
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.
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.
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.
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.
In 2019, the domestic automobile market has experienced a continuous decline throughout the year, few car companies can make a profit in this environment, and Jianghuai Automobile may become one of them. A few days ago, Jianghuai Automobile Group Co., Ltd. issued a profit announcement for 2019. The forecast shows that the company will achieve a net profit of about 100 million yuan belonging to shareholders of listed companies in 2019, and will turn losses into profits.
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.
According to foreign media reports, since the fourth quarter of last year, Porsche 911 has sold a total of 38800 vehicles. In terms of this number, 911 models have contributed more than 2.24 billion euros to Porsche's revenue, or about 17.5 billion yuan. Its sales account for only 11% of Porsche, but it accounts for 29% of Porsche's total revenue, and its profit margin of 47% is the most profitable model of the year. The only Ferrari model with a higher profit margin is the Ferrari F8 Tributo, which has a profit margin of 50%, but accounts for only 17% of Ferrari's total revenue.
Recently, domestic automobile companies have released H1 financial results for 2023 one after another. among the annual reports of 20 A / H-share listed companies counted by Automotive Industry concern, BYD became the most profitable car company in the first half of the year, with a net profit of 10.954 billion yuan. Xiaopeng Automobile and Lifan Technology have seen a decline in revenue and profits, especially
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.
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.
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.
In the face of the market environment shrouded by COVID-19 's epidemic in 2020, most car companies will face signs of declining sales and profits, especially for BYDA, which has been in a continuous decline in the new energy vehicle market for 11 months. However, a few days ago, as BYDA reported an 85% drop in profits in the first quarter, it was still "bullish" by a number of institutions.
An entry about "Tesla's profit plummeted 20 per cent in the first quarter" went viral on Weibo today. On April 19th, Tesla released the latest performance report, according to the report: in the first quarter of 2023, Tesla achieved revenue of US $23.329 billion, an increase of 24% compared with the same period last year.
Recently, domestic automobile companies have released their financial results for 2022 one after another. Among the annual reports of 20 A / H-share listed companies counted by "Automotive Industry concern", including SAIC, Jianghuai Automobile, Dongfeng Automobile, brilliance China and Zhongtai Automobile, both revenue and profit have fallen, especially SAIC.
Tokyo-based Mitsubishi Motors reported its annual results on May 9 local time, benefiting from rising sales, cost control and powertrain business. In fiscal 2018 (April 1, 2018-March 31, 2019) profit rose 14% year-on-year data, the company's revenue reached $1.2 billion; operating profit rose to $1.01 billion, due to global sales growth, up 13% to 1.24 million vehicles The operating income reached 22.65 billion US dollars. Sales in North America rose 12% to 173000, helped by an increase in operating profit to $31.6 million.
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.
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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