In fact, every time I see the monthly sales rankings of car companies, Time Jun is curious about how much money car companies can earn after deducting costs. Also curious, who is the most profitable car company? For these questions, the financial reports of those listed car companies can give answers. Now that the report of the third quarter of 2020 has been disclosed, it is time to talk about the performance of listed car companies. ...
By the way, with the advent of the fourth quarter, all major car companies have started the final sprint. At this time, Guangzhou International Auto Show, the last highlight of China auto market at the end of the year, became the focus, and the "Let's See" 2020 election sponsored by Information Times also entered the countdown. To this end, Time Jun specially set up a series of topics on "Let's shine on you" 2020 China popular car list to talk about the situation of China auto market this year!
Today's topic: Which car company will make the most money?
Although we can't know the profitability of all car companies, those representative and important car companies will basically disclose relevant data on a regular basis, especially those that have been listed.
According to the straight flush iFinD data, the reporter found that there are currently 12 passenger car listed companies in Shanghai and Shenzhen stock markets, among which eight car companies, including SAIC, Guangzhou Automobile Group, Changan Automobile and BYD, have achieved profits, accounting for 66.66%. Judging from the year-on-year growth rate of net profit attributable to the mother, among the above-mentioned 12 car companies, only four car companies, namely Changan Automobile, BYD, *ST Li Xia and faw liberation, achieved positive year-on-year growth, accounting for 33.33%.
Looking at this list, is it intuitive to find out which car company will make the most money?
Yes, SAIC achieved a net profit of tens of billions of yuan in nine months, and it is truly the most profitable automobile company.
We can analyze it. According to the straight flush iFinD statistics, Shanghai and Shenzhen stock markets have disclosed that SAIC, GAC and Changan Automobile won the top three net profits in the third quarter of 2020 among 12 passenger car listed companies.
Among them, SAIC achieved a total operating income of 498.662 billion yuan and a net profit of 65.438+0.648 billion yuan in the third quarter of this year, which was higher than the net profit of 65.438+0.6538+0.646 billion yuan of Guangzhou Automobile Group and became the most profitable listed car company in the current period. However, affected by the epidemic, the overall sales volume of Sales Volkswagen declined this year, resulting in a double year-on-year decline in its total operating income and net profit returned to its mother. According to the production and sales data disclosed in the first nine months of this year, SAIC's cumulative sales volume was 3610.3 million vehicles, down 18 1% year-on-year, and 60.2% of the annual sales target of 6 million vehicles was achieved.
Judging from the current development trend of SAIC, achieving the annual sales target of 6 million vehicles is a bit hanging.
In contrast, Guangzhou Automobile Group, which ranked second in net profit attributable to its mother, experienced a comprehensive recovery in the third quarter.
Data show that in the first three quarters of this year, Guangzhou Automobile Group achieved operating income of 43149 million yuan, up 0.27% year-on-year, and net profit of 5.002 billion yuan, down 210.04% year-on-year. However, after the huge impact of the COVID-19 epidemic on the whole automobile industry in the first half of the year, the operating income and net profit of Guangzhou Automobile Group in the third quarter reached 65.438+07.407 billion yuan and 2.340 billion yuan, respectively, up by 65.438+09.55% and 654.38+065.438+03.87% year-on-year, achieving a comprehensive recovery.
In terms of production and sales, Guangzhou Automobile Group completed the production and sales of 6,543.8+0.3902 million vehicles and 6,543.8+0.4072 million vehicles respectively in the first three quarters, down by 3.74% and 6.69% year-on-year, and the production and sales were better than the industry by about 3.0 percentage points and 0.2 percentage points respectively. Judging from the monthly trend, Guangzhou Automobile Group's output has achieved positive year-on-year growth for six consecutive months since the second quarter, and the sales data has also climbed month by month. The monthly sales volume in September reached a record high. Look, Guangzhou Automobile Group really got rid of the epidemic.
As for other car companies, in addition to SAIC and GAC, Changan Automobile, BYD, faw liberation, Great Wall Motor, *ST Li Xia and Jianghuai Automobile all made profits in the first three quarters of this year, among which Changan Automobile, BYD, faw liberation and Great Wall Motor all made a net profit of more than 2 billion yuan in the current period.
However, ST Haima, Xiaokang, Beiqi Blue Valley and *ST Lifan all suffered losses in the first three quarters of this year. Among them, *ST Lifan became the listed car company with the largest loss in the current period with a net profit of-3.445 billion yuan, down 30.83% year-on-year. As far as the current situation is concerned, it is unlikely that *ST Lifan wants to reverse the situation. After all, it has embarked on the road of bankruptcy and reorganization. ...
Chen Shihua, Deputy Secretary-General of China Automobile Industry Association, said that the recovery momentum and speed of China's automobile industry were better than expected, and the decline in production and sales in the first three quarters had narrowed to below 7%. We are cautiously optimistic about the future trend of the automobile market. It is estimated that the decline of automobile production and sales may be around 4% this year.
Looking at it from another angle, judging from the year-on-year growth rate of homecoming net profit in the first three quarters of this year, the Shanghai and Shenzhen stock markets have disclosed that among the 12 passenger car listed companies in the third quarter of 2020, only Changan Automobile, BYD, *ST Li Xia and faw liberation achieved positive growth year-on-year, while the net profit of the other eight car companies declined to varying degrees. Among them, the net profit of Beiqi Blue Valley in the current period decreased most obviously year-on-year, by 820. 15%, and the net profit of Xiaokang in the current period also decreased by 72. 13%.
It is worth mentioning that the net profit of Changan Automobile, BYD and *ST Li Xia in the first three quarters of this year all showed a sharp year-on-year growth trend. The data shows that Changan Automobile achieved a net profit of 3.484 billion yuan in the current period, a year-on-year increase of 230.98%, which not only won the third place in the net profit of the current period, but also became the fastest growing listed car company in the current period. The reporter learned that Changan Automobile has a strong development momentum this year. In the first three quarters, the cumulative sales volume reached 1.3709 million vehicles, up by 12% year-on-year, which greatly outperformed the average level of the automobile market and achieved 7 1.9 1.000 vehicles sales target for the whole year. Therefore, it is not impossible for Changan Automobile to achieve its goal in 2008.
As the last grand event of China auto market at the end of the year, Guangzhou International Auto Show 2020 will open on1October 20th 165438+. At that time, the 2020 China Popular Car List sponsored by Information Times will select and promulgate "Popular Car of the Year", "Car of the Year" and various car awards on the eve of the opening of Guangzhou International Auto Show (1019 in the afternoon) for the best reference of citizens to buy cars.
It is reported that this year is the18th consecutive year of "China Popular Car List", and "China Popular Car List" has also become a major guide for citizens to buy cars. /kloc-in 0/8, "China Popular Car List" witnessed the changes of China automobile market, and also witnessed the historical process of China brand cars from scratch and from weak to strong. Now, "Let you see" the annual election of China's popular car billboard in 2020 has entered the countdown. The mainstream media "Information Times" will gather all forces and integrate all media means to present consumers with wonderful reports and new experiences of interactive communication.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.