BYD's 202 1 annual revenue increased by 38% year-on-year. Under the general trend of industrial development, BYD 202 1 new energy vehicles exceeded 600,000, and achieved the first domestic sales of new energy vehicles for nine consecutive years. BYD's 202 1 annual revenue increased by 38% year-on-year.
BYD's 202 1 annual revenue increased by 38% year-on-year. On the evening of March 29th, BYD (002594. SZ) Release the annual performance report of 202 1.
The report shows that in 20021year, the operating income was 21665438+42 million yuan, up by 38.02% year-on-year; The net profit attributable to shareholders of listed companies is 3.045 billion yuan; The net cash flow from operating activities was 65.467 billion yuan, a year-on-year increase of 44.22%.
The annual sales volume of new energy will exceed 600,000 units, which will broaden the high-end market.
According to the data of China Automobile Association, in 202 1 year, the production and sales of new energy vehicles in China were 3.545 million and 352 1 10,000 respectively, both of which increased by 1.6 times year-on-year, and the market share reached 13.4%.
Under the general trend of industrial development, BYD ushered in the production line of the 1 10,000 new energy vehicle. In 20021year, the number of new energy vehicles exceeded 600,000, up 2 18.30% year-on-year, and the domestic sales of new energy vehicles ranked first for nine consecutive years.
Among them, BYD Korea's annual sales volume is about 1 17700 vehicles. BYD Dolphin, which was listed at the end of August last year, sold over 10,000 vehicles in 12, ranking among the top ten in the retail list of new energy vehicles.
It is worth mentioning that in 20021,BYD also launched a number of DM-i super hybrid models, such as Qinjia DM-i, Songjia DM-i and Tang DM-i, which drove the cumulative sales of DM models to about 272,900 units throughout the year.
Wilson data shows that the average bicycle price of BYD passenger cars has exceeded 6.5438+0.5 million yuan. It is reported that in 2022, BYD will further expand the high-end market and launch high-end brands. The price range is expected to be above 500 ~ 1 10,000 yuan. In the future, BYD's automobile business will be composed of four major sectors: Dynasty Network, Ocean Network, Tengshi and High-end Brand.
The advantages of the whole industrial chain are highlighted and the layout is overseas.
Thanks to the continuous overweight in research and development, BYD has core technologies such as blade battery, DM-i super hybrid, E platform 3.0 and IGBT4.0. In the context of global epidemic and rising raw material prices, it is BYD's confidence to keep the core technologies of the whole industry chain.
According to the financial report data, in 20021year, BYD's R&D investment 10627 billion yuan, a year-on-year increase of 24.20%; There are about 40,400 R&D personnel, an increase of 3 1.52% year-on-year.
In the battery business, blade batteries have accelerated the penetration of lithium iron phosphate batteries in passenger cars. It is understood that with the continuous expansion of * * *, many car brands around the world are negotiating cooperation with Foday Battery.
In terms of semiconductor business, BYD Semiconductor integrates all-round solutions such as power semiconductor, intelligent control IC, intelligent sensor and photoelectric semiconductor, covering the fields of vehicle regulation, consumer electronics and household appliances. The chip product is superior to the mainstream products in the market in many key technical indexes. At present, the listing project of BYD Semiconductor is progressing steadily.
In addition, BYD Electronics' business share in major Android customers continued to increase, and its business layout with major North American customers continued to strengthen; The new smart product sector has been rapidly rolled out, and the shipments of smart homes, game hardware, drones and other products have continued to grow; Shipments of automotive intelligent system products have increased substantially.
In terms of commercial vehicles, the annual sales volume of 202/kloc-0 exceeded 10,000. Among them, 5772 new energy buses were sold, which quickly attacked the small bus market of 7 meters and below, achieving the first sales volume and the first market share in this market segment. Looking around the world, BYD has won a large number of orders from Britain, Colombia and other countries, and also brought new experiences of pure electric travel to Japan, New Zealand, Germany, Sweden and other countries.
At the same time, BYD passenger cars are officially laid out in overseas markets. In 20021year, thousands of Tang EVs were delivered in Norway, and the flagship Han EV arrived in Brazil, Mexico, Colombia and other Latin American countries.
According to the calculation of brokers, the compound annual growth rate of new energy vehicles in China, the United States and Europe can reach 22.5%, 36.7% and 19.7% respectively from 2020 to 2030, and new energy vehicles are in a period of rapid development. In this context, BYD, which has been deeply involved in the field of new energy for many years, is expected to usher in a continuous breakthrough in sales and performance.
BYD's 202 1 annual revenue increased by 38% year-on-year. BYD's "wallet" was squashed last year due to the rising price of raw materials.
On the evening of March 29th, BYD released its 20021annual performance report. The report shows that BYD achieved an operating income of 2 1.6 1.42 billion yuan in 20021year, up 38.02% year-on-year; The net profit attributable to shareholders of listed companies was 3.045 billion yuan, a year-on-year decrease of 28.08%.
According to the data of China Automobile Association, in 202 1 year, the production and sales of new energy vehicles in China were 3.545 million and 352 1 10,000 respectively, both of which increased by 1.6 times year-on-year, and the market share reached 13.4%. Under the general trend of industrial development, BYD exceeded 600,000 new energy vehicles in 20021year, up 2 18.30% year-on-year, and achieved the first domestic sales of new energy vehicles for nine consecutive years. From 1 to February this year, the sales volume of BYD's new energy vehicles was 18 1500, a year-on-year increase of 494.28%.
BYD's sales of new energy vehicles are rising rapidly, which is related to the hot sales of many models, including Qin Jia DM-i, Song Jia DM-i, Tang DM-i and other DM-i super hybrid models launched last year.
Wang Chuanfu, chairman and president of BYD, recently said at the committee of 100 Forum that the development of new energy vehicles has exceeded expectations, and the speed of industry change may be faster in the future. Over the past year, BYD has adhered to pure electric and plug-in hybrid walking with subversive technologies such as blade battery, DM-i super hybrid and E platform 3.0, which ushered in the explosion of technology, products and market.
At the same time, he believes that we should also be soberly aware that the industry is still facing severe challenges such as intensified epidemic, soaring raw material prices and unstable supply chain. The faster the industry develops, the more we must be prepared for danger in times of peace, strive for progress in stability, and persist in solving development problems with scientific and technological innovation.
Although the sales volume and operating income of new energy vehicles have risen sharply, BYD's net profit fell by nearly 30% last year, which is considered to be related to the rapid rise in raw material prices. Faced with many challenges, BYD has increased its investment in R&D and upgraded the core technology of the whole industry chain. According to the financial report data, in 20021year, BYD's R&D investment 10627 billion yuan, a year-on-year increase of 24.20%; There are about 40,400 R&D personnel, an increase of 3 1.52% year-on-year.
However, in the face of the rapid rise in the price of raw materials for power batteries, BYD still cannot cope with technological innovation alone. Since the beginning of this year, the price of new energy vehicles has been raised twice. In June this year, 65438+1October 2 1, BYD announced the price increase of new energy vehicles ranging from 1000-7000 yuan. In less than two months, BYD released the price adjustment information on March 15, announcing that the official guidance price of new energy vehicles in Wangchao.com and Haiyang.com would be raised by 3,000 ~ 6,000 yuan.
Not only BYD, but also about 20 new energy vehicle companies such as Tesla and Xpeng Motors have also raised their prices. The collective price adjustment of new energy vehicles is mainly due to the sharp rise in the prices of core raw materials such as lithium and nickel. For example, the price of lithium needed for power batteries of new energy vehicles was about 50,000 yuan/ton at the beginning of 202/kloc-0, but it once exceeded 500,000 yuan/ton in March this year, and the increase of 10 times was realized in more than one year.
However, at present, the upstream and downstream game of the new energy industry chain has intensified, and the price increase of lithium carbonate has slowed down. Wuxi Pan lithium carbonate 2204 contract fell 1.5% last week to 467,000 yuan/ton. The industry believes that with the gradual release of lithium carbonate production, the relationship between supply and demand in the market has eased, and it is expected that the price of lithium carbonate will stop rising and maintain stability in the short term.
BYD's 202 1 annual revenue increased by 38% year-on-year. On the evening of March 29th, 2022, BYD Co., Ltd. released its 20021annual financial report.
The financial report shows that in 20021year, BYD achieved operating income of 21665438+42 million yuan, up 38.02% year-on-year; The net profit attributable to shareholders of listed companies was 3.045 billion yuan, a year-on-year decrease of 28.08%; The net cash flow from operating activities was 65.467 billion yuan, a year-on-year increase of 44.22%; Distribute a cash bonus of 10 yuan to all shareholders for every10 share.
As for the reasons for the decline in profits, BYD once stated in the interim report 20021that the overall profitability of the Group was affected by the rising prices of raw materials such as commodities.
According to the data of China Association of Automobile Manufacturers, the production and sales of 202 1 China automobiles were 26.082 million and 26.275 million respectively, with a slight increase of 3.4% and 3.8% year-on-year. In 20021year, BYD's production and sales were 747,500 vehicles and 7210.3 million vehicles respectively, up by 73.06% and 82.80% respectively.
The production and sales of new energy vehicles in China were 3.545 million and 352 1 10,000 respectively, both of which increased by about 1.6 times. In 20021year, BYD's production and sales of new energy vehicles were 607 1 10,000 and 562,900 respectively, up by 2 13% and 245% respectively, and its market share reached 17.6438+0%. In 20021year, the company's new energy subsidy income totaled 5.867 billion yuan.
According to the financial report, of BYD's total revenue in 20021year, the income of automobiles, automobile-related products and other products was about11248.9 billion yuan, up by 33.93% year-on-year; The business income of mobile phone parts, assembly and other products was about 86.454 billion yuan, a year-on-year increase of 43.99%; The revenue from rechargeable batteries and photovoltaic business was about 65,438+0,644,438+0 billion yuan, up 36.27% year-on-year. The three major businesses accounted for 52.04%, 40% and 7.62% of the Group's total revenue respectively.
In terms of R&D, BYD's R&D investment in 202 1 0627 million yuan, up 24.20% year-on-year, and its R&D investment accounted for 4.92% of its operating income. There are about 40,000 R&D personnel, an increase of 3 1.52% year-on-year.
With the continuous investment in BYD, BYD already has core technologies such as ultra-safe blade battery, DM-i super hybrid, DM-p technology platform and E platform 3.0, and has launched a number of DM-i super hybrid models such as Qin Jia DM-i, Song Jia DM-i and Tang DM-I. ..
Wang Chuanfu, chairman and president of BYD, recently told the committee of 100 Forum Committee that the automobile industry is still facing severe challenges such as intensified epidemic situation, soaring raw material prices and unstable supply chain.