BYD expects a net profit of 10.5 billion to 11.7 billion in the first half of the year

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Leidi.com Rakuten July 15

BYD expects that the net profit attributable to shareholders of listed companies in the first half of 2023 will be 10.5 billion to 11.7 billion yuan, an increase of 192.05% to 225.43% from 3.595 billion yuan in the same period last year.

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BYD expects net profit after deducting non-recurring gains and losses in the first half of 2023 to be 9.3 billion to 10.3 billion yuan, an increase of 206.99% to 240% from 3.029 billion yuan in the same period last year.

BYD said that in the first half of 2023, the new energy vehicle industry will maintain rapid growth. The company's new energy vehicle sales will achieve strong growth on a high base in the same period last year, and its market share will continue to increase, continuing to strengthen its leading position in the new energy vehicle industry.

"Despite the intensified competition in the auto industry in the first half of the year, the company continues to maintain a good level of profitability by virtue of its continuously improving brand power, continuously expanding scale advantages, strong cost control capabilities in the industrial chain, and the fall in upstream raw material prices."

BYD revealed that in terms of mobile phone components and assembly business, it benefited from the increase in the share of major customers, the growth of emerging businesses such as new energy vehicles and new smart products, the increase in capacity utilization, and the further optimization of business structure, achieving a significant improvement in profitability.

In June 2023, BYD sold 253,046 new energy vehicles, including 251,685 passenger vehicles, an increase of 88% year-on-year. In terms of output, BYD produced 252,700 vehicles in June, an increase of 87.47% year-on-year.

As BYD's main selling car series, the cumulative sales of Dynasty and Ocean in June were 240,535 units, a year-on-year increase of 79.8%. The Tengshi brand sold 11,058 vehicles in June.

Lian Yubo resigned as BYD's vice president as chief scientist

BYD also issued an announcement yesterday, stating that the board of directors received a written report on resignation from the senior management position submitted by the company's vice president Lian Yubo on July 14, 2023.

In order to focus more on the company's new energy vehicle technology research and development, and focus on the continuous iteration and innovation of new energy vehicle core technologies and products, Lian Yubo will serve as the company's chief scientist, resign from the position of vice president, and continue to serve as the company's chief automotive engineer and automotive engineering researcher. Dean's position.

BYD stated that Lian Yubo was dedicated and diligent during his tenure as vice president of the company. The company and the board of directors expressed their sincere gratitude to Lian Yubo for his contribution to the company's development during his tenure.

Sailisi lost more than 1.8 billion after deduction of non-compliance in half a year

It can be said that one party is happy and the other is sad. While BYD's profits hit a record high, Cyrus, which cooperates with Huawei, continued to fall into a state of loss.

Sailisi announced that it is expected to realize a net loss attributable to the owners of the parent company of 1.25 billion to 1.39 billion yuan in the first half of 2023; the estimated net loss after deducting non-existing expenses is 1.8 billion to 1.93 billion yuan.

The net loss attributable to owners of the parent company for the first half of 2022 is 1.727 billion yuan, and the net profit attributable to owners of the parent company after deducting non-recurring gains and losses is -1.714 billion yuan.

Sailisi said that the main reason for the expected loss in the current period is that the sales promotion of the auto industry in the first quarter caused users to wait and see. Therefore, the company's sales in the first half of the year fell short of expectations.

At the same time, the company maintains high R&D investment in the core technology field of new energy vehicles, and continues to introduce R&D and technical talents, and R&D expenses have increased compared with the same period last year.

Sailisi said that with the launch of the M5 smart driving version and other new models, as well as the increase in overseas sales, the company's sales and profitability in the second half of the year are expected to improve.

Yu Chengdong, executive director of Huawei, CEO of terminal BG, and CEO of smart car solution BU, also cheered for Celes a few days ago, saying that the all-new Wenjie M7 has increased the investment of more than 500 million in the overall improvement of the vehicle. Among the 500 million yuan, only a small part of the superficial effort was spent, and most of it was spent on the invisible and intangible parts of the user, such as body structure, chassis materials, suspension structure, etc. These invisible and intangible upgrades , can play a powerful role in protection and even life-saving in many emergencies.

Yu Chengdong also said, "We are full of confidence in the Wenjie M7 and hope that it can take on more than 30% of the sales volume this year. At the end of this year, we will release the flagship model Wenjie M9 to help the brand and sales reach a new level. In new energy vehicles When the industry is so introverted, I believe that the manufacturers who work closely with us will survive and become the few survivors."

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Lei Di was founded by Lei Jianping, a media person. If you reprint, please indicate the source.

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Origin blog.csdn.net/leijianping_ce/article/details/131746270