Chinese electric vehicle dealer BYD issued a semi -annual performance preview of 2023 on Friday (July 14).The announcement shows that the net profit attributable to shareholders of listed companies in the first half of the year was 10.5 billion (RMB, the same below, about S $ 1.942 billion) to 11.7 billion yuan, an increase of 192.05%to 225.43%.This is also the increase in BYD for about two times in a row.
The announcement also shows that the deduction of non -net profit is 9.3 billion to 10.3 billion yuan, an increase of 206.99%to 240%year -on -year; the basic earnings per share are 3.61 yuan to 4.02 yuan.
According to the surging news report, in the first half of last year, BYD's net profit was 3.595 billion yuan, a year -on -year increase of 206.35%.This also means that BYD has maintained a maximum increase of about two times in a row.
BYD's performance has greatly increased due to its rising sales of new energy vehicles.According to the production and sales express, BYD's sales in June were 253,000 units, an increase of 88.2%year -on -year; in the first half of this year, BYD's cumulative sales reached 1.2556 million units, an increase of 94.25%year -on -year.In the first half of the year, BYD overseas sales were 74,300 units, an increase of 95.8%year -on -year.
According to the China Automobile Association, the market share of BYD in the entire automotive market in the country in the first half of this year is 10.6%, and its market share in the new energy vehicle market has reached 33.5%.
BYD said that despite the intensified competition in the automotive industry in the first half of the year, with the continuous improvement brand power, the continuous expansion of scale advantage, and the powerful industrial chain cost control capabilities, and the price of upstream raw materials fell, the company continued to maintain a good good.Profit level.
In terms of mobile phone components and assembly business, BYD said that benefiting from the increase in the share of large customers, emerging businesses such as new energy vehicles and new intelligent products have grown, the capacity utilization rate is improved, and the business structure has been further optimized to achieve profitability.Significantly improved.
It is reported that the institutional outlook has a lot of room for development in the second half of the year that BYD's high -end models such as looking up and Tengshi. The car export business has a good layout and is expected to volume in overseas markets, which will drive the company's performance.Everbright Securities, Huachuang Securities, and open source securities have given about 25 billion yuan in net profit for BYD's annual net profit, and Soochow Securities predicts that BYD's annual net profit will reach 28 billion yuan.
On the same day, BYD also announced the changes in the position of Lian Yubo, a core R & D figure.The announcement said that in order to focus more on the research and development of new energy vehicle technology and focus on the continuous iteration and innovation of new energy vehicle core technology and products, Lian Yubo will serve as the company's chief scientist position, resign from the position of vice president, and continue to serve as the company's chief engineer,Dean of the Institute of Automobile Engineering.
As of the close of the day, BYD fell 1.28%to 264.41 yuan per share.