The Chinese automobile industry is experiencing a new energy and international change. On May 11, data released by the China Automobile Industry Association (referred to as “China Automobile Association”) showed that the sales volume of Chinese new energy vehicles increased by 33.5%year -on -year in April, far exceeding the increase in overall vehicle sales. At the same time, China’s automobile exports increased by 34%year -on -year, and the increase in automobile exports was greater than domestic sales.
Industry changes are also reflected in the first quarter report of major listed companies. A reporter from the Shanghai Securities News recently learned that new energy vehicles have become the “victory player” of the first quarter performance performance of listed car companies such as BYD and Selis. Under multiple measures such as cost reduction and efficiency and technological innovation, the efficiency of new energy vehicles operating efficiency It has been effectively improved, and the export business has also become a new important performance growth point for major car listed companies.
New Energy Business Drive Vehicle Enterprise Measures
“my country’s car production and sales have shown a faster growth year -on -year, and new energy vehicles continue to maintain rapid growth year -on -year.” Liu Zheng, director of the Information Department of the China Automobile Association Industry, introduced that in April, Chinese automobile production and sales completed 2.406 million and 2.359 million, respectively, year -on -year, year -on -year Increased by 12.8%and 9.3%, respectively. From January to April, the production and sales of automobiles were 9.012 million and 90.79 million, respectively, a year -on -year increase of 7.9%and 10.2%, and the output growth rate increased by 1.5 percentage points from January to March.
In contrast, new energy vehicles run faster. According to the China Automobile Association data, in April, the production and sales of China’s new energy vehicles completed 870,000 and 850,000, respectively, an increase of 35.9%and 33.5%year -on -year, and the market share has reached 36%. From January to April, the production and sales of new energy vehicles completed 2.985 million and 2.94 million, respectively, an increase of 30.3%and 32.3%year -on -year, and the market share reached 32.4%.
Although the AITO industry brand cooperated with Huawei before, Selis has experienced continuous losses. The financial report shows that the company’s net loss in 2022 was 3.83 billion yuan, and the net loss in 2023 was nearly 2.45 billion yuan. However, in the first quarter of 2024, the performance of Selis began to be dark, and the net profit attributable to shareholders of listed companies was 220 million yuan, achieving a profitable loss; the gross profit margin in the first quarter increased to 21.5%.
The turn of Selis’s turn to profit has also strengthened the hope of profitability in Huawei’s cross -border automobile. Yu Chengdong, executive director of Huawei, said recently: “In the first three months of 2024, Huawei Zhuanxuan car turned to profit. Our car BU is close to the edge of profit and loss balance. It is expected that starting from April, it should be able to achieve a profit in the future.”
As a leader in the field of domestic new energy vehicles, BYD achieved operating income of 124.94 billion yuan in the first quarter of 2024, an increase of 3.97%year -on -year; net profit was 4.569 billion yuan, a year -on -year increase of 10.62%. In terms of sales, BYD sold 626,000 new energy vehicles, an increase of 13.4%year -on -year.
On May 10th, BYD released the new pure electric EVO 3.0 EVO, of which the electric drive system pioneered the world’s highest -mass production maximum speed motor in the world, and the maximum speed of the sea lion 07EV equipped with the E platform 3.0 EVO can reach 225 km/h.
Export growth improves overseas profitability of listed car companies
The vehicle exit of the car company is prosperous. According to the overall data, the Chinese automobile market is currently showing the characteristics of export growth greater than domestic sales. In the first four months, the domestic sales volume of automobiles was 7.252 million, a year -on -year increase of 5.6%; the export volume of automobiles was 1.827 million units, a year -on -year increase of 33.4%. Among them, in April, the domestic sales volume of automobiles was 1.855 million, a decrease of 15.4%month -on -month, an increase of 4.1%year -on -year; the export volume of automobiles was 504,000 units, an increase of 0.4%month -on -month, and a year -on -year increase of 34%.
As the largest auto group in China, the first quarter report of SAIC Group showed that the company’s overseas terminals delivered 269,000 units in the first quarter, an increase of 21.3%year -on -year. In terms of countries, half of the countries in the national market with the top ten of the automotive sales volume account for half of the countries, including the United Kingdom, Australia, Italy, etc., the overseas sales structure has continued to optimize. The MG (MG) brand of SAIC Group has maintained a single month in the European market for many months. “” “
In the first quarter of 2024, Great Wall Motors realized revenue of 42.86 billion yuan, an increase of 47.6%year -on -year; net profit was 3.228 billion yuan, an increase of 1752.55%year -on -year, creating the best financial performance in the same period. Regarding the growth of revenue and net profit, Great Wall Motor’s financial report states that the main reason is that the sales scale, the optimization of the sales structure, and the increase in bicycle income.
At the same time, the export volume of Great Wall Motors is far exceeding the overall industry. In the first quarter of 2024, Great Wall Motor’s overseas sales increased by 78.51%year -on -year to 92,800 units, accounting for 33.7%of its total sales in the first quarter. At present, the five brands of Great Wall Motors have all realized the sea, entering Germany, Britain, Sweden, Ireland, Israel and other markets. It is planned to land in 15 countries such as Spain, Italy, Switzerland, Austria in 2024. Some European markets.
According to the relevant data of the first quarter report, BYD’s export business is also growing. The hot sales of new energy vehicle products such as Han EV and ATTO3 in overseas markets have made BYD’s new energy vehicle exports in the first quarter of 39,000 units, year -on -year -on -year, year -on -year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -on -year, year -old Increased by 1390%, far exceeding BYD 93%of domestic new energy vehicle products sales growth rates.
“Chinese car exports are the recent growth highlights.” Cui Dongshu, Secretary -General of the National Federation of China, said that Chinese cars are mainly exported from components, and then the entire vehicle export has strengthened. By the recent new energy vehicle, The strong development force and good effect of the industry. The Chinese automotive industry’s system and capabilities have matured, and future competitiveness will gradually change the world’s automotive pattern.