Recently, the semi-annual report of listed car companies has been released. Judging from the published situation, the proportion of enterprises with positive growth in the first half of the year was relatively small, including the performance of Jianghuai Automobile, FAW Car, Haima Automobile and Dongfeng Motor.
In the passenger vehicle field, FAW Car was the most serious decline. In the first half of the year, it sold 91,700 vehicles. The net profit attributable to listed shareholders was a loss of 45 million yuan to 75 million yuan, and the earnings per share was a loss of 0.03 to 0.05 yuan. The net profit of FAW Car is still as high as 804 million yuan.
However, there are also companies that stand out from the market. FAW Xiali announced on August 27 that the company achieved a net profit of 90.245 million yuan in the first half of this year, an increase of 96.05%; operating income of 4.046 billion yuan, a year-on-year decrease of 25.87%; earnings per share of 0.0566 yuan, an increase of 95.85%. The reason for this good performance is that FAW Toyota, which has a 30% shareholding during the period, achieved a net profit of 2.893 billion yuan, contributing 807 million yuan to the company.
The Great Wall is also a special case. Benefiting from the rapid development of the SUV market, Great Wall sold 262,000 vehicles in the first half of the year, a year-on-year increase of 20%, of which the export growth rate was as high as 46.4%. On this basis, the company's operating income was 18.287 billion yuan, an increase of 28.79%, net profit reached 2.383 billion yuan, an increase of 27.95%, becoming the biggest winner in the weak market.
Although the performance of the independent brand market continued to be sluggish, the overall performance of Geely Automobile also grew steadily due to the adjustment of product structure and the continuous expansion of export volume. According to the mid-year report, Geely's cumulative sales in the first half of the year reached 222,000 units, a year-on-year increase of 4.2%. The operating income was RMB 11.177 billion, a year-on-year increase of 6.1%. The net profit attributable to the company's equity owners was 1.02 billion yuan, up 8.7% year-on-year; earnings per share were 0.14 yuan, up 8.5% year-on-year.
Customized Rubber Seals,Rubber Gasket,Rubber Gasket Sheet,Rubber Gasket Seal
Ningbo Robon Sealing CO.,LTD , https://www.robonseal.com