According to the semi-annual financial report released by Dongfeng Motor Group Co., Ltd. (hereinafter referred to as Dongfeng Group Co., Ltd.), in the first half of this year, the automotive business of Dongfeng Group's shares rose rapidly under the promotion of the industry's policy, achieving 611,100 vehicles sales. Dongfeng Group shares this year The number of sales of passenger cars was 451,000 in half a year, a year-on-year growth rate of 23%, which was 3.2% faster than the passenger vehicle industry of the same year. The commercial vehicle business of Dongfeng Group shares began to pick up obviously from February. In the first half of the year, it achieved sales of 160,000 units and sold 66,000 heavy-duty trucks. The medium- and heavy-duty trucks are still in the top market share.
Based on the rapid growth of the passenger vehicle business and the apparent recovery of commercial vehicle business, Dongfeng Group's operating performance has increased again in the first half of the year. In the first half of 2009, sales revenue was 39.046 billion yuan, a 3% year-on-year growth rate; gross profit was 6.975 billion yuan, an increase of 6.7% year-on-year; EBITDA was 3.524 billion yuan, a year-on-year increase of 10.88%; net profit was 2.606 billion yuan Yuan, a year-on-year increase of 5.4%. In the first half of the year, the gross profit ratio of the main business of Dongfeng Group's shares reached 17.9%, an increase of 1.1 percentage points from the previous report's 2008 gross profit margin; the pre-tax profit margin was 9%, which was 1.6 percentage points higher than in 2008; The net profit rate reached 6.7%, an increase of 1 percentage point from 2008; the return on net assets reached 23.2%, 2.5 percentage points higher than in 2008.
With the continuous increase in the profitability of the company, the company’s shareholders’ equity has continued to increase. By the first half of 2009, Dongfeng’s shareholders’ equity increased to RMB 23,583 million, and net assets per share had increased to 2.737 yuan, an increase of 93.2% over the listed year. .
The good fundamentals of Dongfeng Group's shares have made international investors favor the company's stock and created the first outstanding performance of the company's auto listed companies in the Hong Kong market. Since the beginning of this year, the company’s stock price has continuously broken through multiple integer marks. On August 24, it hit a record high of 9.15 Hong Kong dollars. On the 27th, it closed at 8.11 Hong Kong dollars, and the cumulative increase this year was as high as 224.4%, while the Hang Seng Index rose 40.7% over the same period. The HSCEI rose by 46.5%. The stock price of the company rose far more than the market, and the market value reached HK$69.88 billion. It became the first listed automobile company with the largest gain or the largest market value of Hong Kong stocks.
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