Recently, automobile companies have successively released third-quarter reports. With the economic recovery stabilizing, the automobile industry is recovering significantly, and many brands are showing signs of bottoming out. Dongfeng Motor, BYD Auto, Jiangling Motors, etc. have all shown growth trends to varying degrees.
Dongfeng Motor: Net profit in the first three quarters was 490 million yuan
On October 29, Dongfeng Motor released its third quarter report. The company achieved operating income of 10.107 billion yuan in the first three quarters, a year-on-year increase of 1.66%; The net profit attributable to shareholders of listed companies was 490 million yuan, a year-on-year increase of 47.66%; the net profit attributable to shareholders of listed companies after excluding non-recurring gains and losses was 509 million yuan, a year-on-year increase of 67.53%; basic earnings per share was 0.2451 yuan. On October 27, Dongfeng Motor received a national new energy vehicle promotion subsidy of 185.737 million yuan.
GAC Group: Net profit in the first three quarters was approximately 4.364 billion yuan
On October 29, Guangzhou Automobile Group released its third quarter report for 2020. On a consolidated basis, Guangzhou Automobile Group achieved operating income of approximately 42.846 billion yuan, an increase of 0.38% compared with the same period last year; non-net profit attributable to shareholders of the parent company was approximately 4.364 billion yuan, a slight year-on-year increase. increased by 0.08%. On a quarterly basis, GAC Group's third-quarter operating income and net profit attributable to the parent company after non-deductions reached 17.407 billion yuan and 2.340 billion yuan respectively, a year-on-year increase of 19.55% and 113.87%.
BYD: Net profit in the first three quarters reached 3.414 billion
On October 29, BYD released its third quarter performance report for 2020. From January to September this year, BYD achieved operating income of 105.023 billion yuan. , a year-on-year increase of 11.94%; the net profit attributable to shareholders of listed companies was 3.414 billion yuan, a year-on-year increase of 116.83%. BYD estimates that the company's net profit attributable to shareholders of listed companies for 2020 will be 4.2 to 4.6 billion yuan, a year-on-year increase of 160.15% to 184.93%.
BAIC Blue Valley: Huge loss of 2.8 billion in the first three quarters
BAIC Blue Valley achieved revenue of 3.922 billion yuan in the first three quarters, a year-on-year decrease of 78.16%; net profit loss attributable to shareholders of listed companies 2.884 billion yuan, a loss of 313 million yuan in the same period last year, a significant increase year-on-year; basic earnings per share -0.8255 yuan. BAIC Blue Valley stated in its third quarter report that the 78.16% decline in operating income was mainly due to the company's year-on-year decline in sales.
Great Wall Motors: Net profit in the first three quarters was 2.587 billion yuan
Great Wall Motors third quarter report: From January to September this year, Great Wall Motors achieved operating income of 62.143 billion yuan, a year-on-year increase of 1.05% ; The net profit attributable to shareholders of listed companies was 2.587 billion yuan, a year-on-year decrease of 11.32%. Among them, in the third quarter, Great Wall Motor achieved operating income of 26.21 billion yuan, a year-on-year increase of 23.6% and a month-on-month increase of 11.5%; it achieved a net profit attributable to shareholders of listed companies of 1.44 billion yuan, a year-on-year increase of 2.9%.
JMC: Net profit in the first three quarters was 359 million yuan
JMC’s third quarter financial report showed that its revenue for the quarter was 8.005 billion yuan, a year-on-year increase of 19.73%; in the first three quarters Revenue was 22.079 billion yuan, a year-on-year increase of 8.19%. Jiangling Motors' net profit attributable to shareholders of listed companies in the quarter was 151 million yuan, a year-on-year increase of 52.63%; the net profit in the first three quarters was 359 million yuan, a year-on-year increase of 127.42%. Basic earnings per share were 0.42 yuan, a year-on-year increase of 127.42%. Jiangling Motors received 170 million yuan in government subsidies in the first three quarters, and its non-net profit after deducting was 176 million yuan, a year-on-year increase of 471%.
JAC: Profit loss in the first three quarters was 147 million
On October 20, JAC announced a pre-reduction announcement for the third quarter of 2020. JAC's net profit attributable to shareholders of listed companies and net profit after non-recurring gains and losses in the first half of 2020 were -147 million yuan and -653 million yuan respectively. In the third quarter, net profits attributable to shareholders of listed companies and net profits after non-recurring gains and losses were -147 million yuan and -653 million yuan respectively. The net profits from recurring gains and losses were approximately 191 million yuan and -254 million yuan respectively.
This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.