7 listed automakers only 2 pre-joyed FAW Xiali 3 quarterly reported loss of 1.1 billion yuan

Jin Jiuyin is a traditional auto market peak season. According to the production and sales data released by the China Automobile Association on October 12th, in September, China’s auto production and sales increased by 27.6% and 23.9% respectively from the previous month, compared with the same period of last year. Increased by 5.5% and 5.7%.

With the end of the third quarter, car companies have also officially entered the three quarterly disclosure time. As of the evening of October 15, the "Securities Daily" reporter through the statistics of the Choice financial terminal found that a total of seven listed car companies announced three quarterly advance notices, including three car companies such as FAW Xiali, Haima Auto, and Ankai. In terms of level of loss, Jianghuai Automobile and Zhongtong Bus have reduced their performance.

It is worth noting that two listed companies in the FAW Group continued the performance of the Interim Report. The FAW Car once again achieved a substantial turnaround. The net profit amounted to 275 million to 305 million yuan, while the FAW Xiali reported a loss of 1.095 billion yuan in the first three quarters. 11.55 billion yuan.

In addition, the first three quarters of China National Heavy Duty Truck's net profit was 657 million to 700 million yuan, an increase of 190% to 240%.

FAW car sharp losses

According to the forecast of the three quarterly disclosure disclosed by FAW Car on the evening of October 13, the company expects the net profit attributable to the shareholders of the listed company during the first three quarters of this year to be between 275 million and 305 million yuan, a loss of 716 million yuan over the same period of last year, and a year-on-year loss of profit. For profit.

Among them, it is expected that the profit in the third quarter will be 4.54 million yuan to 34.54 million yuan. The company stated that in January-September this year, the company achieved sales of 169,000 vehicles, an increase of 28.2% over the same period of last year. During the reporting period, the company effectively promoted various tasks, continuously improved product development and marketing capabilities, achieved a breakthrough in the market for the own-brand Pentium X40, and continued hot sales of the co-branded double-star models, which turned the company into a profitable turnaround.

It is worth noting that, since Xu Liuping was transferred to any steam in August, FAW Group has been in a fast-paced reform and adjustment process, and its existing organizational structure and personnel arrangements have undergone major adjustments. Many people in the industry believe that FAW Group, which has experienced the mobilization of its chief, has ushered in new opportunities for development.

In this reform process, FAW Cars achieved a turnaround in performance. "Securities Daily" reporter noted that in the first half of this year, FAW Cars achieved a year-on-year turnaround. In the first half of the year, revenue was 13.401 billion yuan, a year-on-year increase of 57.84%, and net profit was 270 million yuan, an increase of 132.74% from the loss of 826 million yuan in the same period of last year.

However, FAW Xiali’s performance is still not satisfactory compared to FAW Car’s beautiful “turnover”. According to the performance forecast announced by the company on the evening of October 13, FAW Xiali reported a loss of 1.095 billion yuan to 1.155 billion yuan in the first three quarters and a loss of approximately 825 million yuan in the same period of last year; meanwhile, it suffered a loss of 410 million yuan to 470 million yuan in the third quarter. Yuan, which lost about 306 million yuan in the same period last year.

Compared with the net loss of 686 million yuan in the report, the amount of losses in the first three quarters of the previous period was again expanded. The company stated that the main reason for the loss was that the product structure adjustment had not yet been completed and the current production and sales scale of the product was low, and its profitability was weak. In addition, last year the company transferred a 15% stake in Tianjin FAW Toyota Motor Co., Ltd., resulting in a lower shareholding ratio and a decrease in investment income.

China National Heavy Duty Truck Net profit soared

In addition to the performance of the two listed companies of FAW Group, the other five listed companies released three quarterly advance notices as of the evening of October 15. Two of them were pre-lossed, two were pre-reduced, and one was pre- hi. .

Among them, Haima Motors expects the company's net profit attributable to shareholders of listed companies to lose 40 million to 90 million yuan in the first three quarters, compared with a profit of 209 million yuan in the same period last year. The net profit loss in the third quarter was approximately RMB 64 million to RMB 114 million; the basic loss per share was approximately RMB 0.039 to RMB 0.069.

At the same time, Jianghuai Automobile announced that, after preliminary calculations, it is expected that net profit attributable to shareholders of listed companies in the first nine months will be reduced by about 80% compared with the same period of last year. The company said that the main reason for the decrease in performance was the subsidy for new energy vehicles and the decline in sales of passenger vehicles.

In addition, the two bus companies that have already announced the three quarterly advance notices have also seen a decline in their net profits.

Among them, Ankai bus expected the company to achieve net profit attributable to shareholders of listed companies in the first three quarters of about 77 million yuan -79 million, of which the third quarter is expected to net profit loss of 48 million -60 million.

However, according to the data, the company expects net profit attributable to the parent company from January to September of this year to be approximately 110 million to 130 million yuan, down 71.45% from the same period of the previous year. 75.84%.

Zhongtong Bus stated that in 2017, the national new energy passenger vehicle subsidy standard was greatly reduced. Affected by this policy, the passenger car industry experienced a sharp decline, and the company’s orders decreased accordingly during the reporting period, which caused the company's operating performance in the first three quarters of 2017 to decline substantially compared with the same period last year.

In contrast, China National Heavy Duty Truck Corporation expects its first three quarters of the year to increase in the same direction. According to its announcement data, it is estimated that the company's net profit for the first three quarters of 2017 will be 657 million to 700 million yuan, compared with 226 million in the same period of last year. Yuan, a year-on-year increase of 190% to 240%.

The company stated that during the reporting period, the heavy-duty truck market maintained a relatively high growth trend, and the company’s production and sales volume increased significantly compared to the same period last year. At the same time, through the optimization of product structure, the company further improved the management level, continued to exert its advantages, and effectively enhanced its profitability.