V viewing financial report ｜ Bad!SAIC Group's half -year net profit near "back cut" cash flow has dropped by 396.8%

Zhongxin Jingwei, August 25th. The SAIC Group's semi -annual report showed that the net profit attributable to the mother in the first half of the year was almost "cut", and the net cash flow decreased by 396.80%year -on -year.

Photo source: SAIC Group Semi -annual Report

Specifically, SAIC Group achieved operating income of 3050.18 billion yuan in the first half of the year, a year -on -year decrease of 14.47%; net profit of home mother was 6.91 billion yuan, a year -on -year decrease of 48.1%.

The net profit of the company's net profit attributable to shareholders of listed companies and the deduction of shareholders of listed companies decreased year -on -year. SAIC Group stated that the main reason is that the epidemic rebound caused a serious impact on the automotive industry chain supply chain, resulting in the company's sales The income decreases; at the same time, the price of tight supply of chip supply and the price of raw materials such as power batteries has risen significantly on the gross profit margin of the product.

The net cash flow generated by SAIC Group's operating activities decreased by 396.80%year -on -year. SAIC Group explained that the main reason was due to the impact of the epidemic in the first half of 2022 and the reduction of sales revenue.

"From the current situation, the epidemic situation is still the biggest uncertain factors affecting the macroeconomic and automotive market. At the same time, geopolitical conflicts affect the price trend of commodities in commodities, and will increase the instability of the recovery of the industrial chain supply chain." SAIC Group also said The overflowing effect of developed economies tightening the monetary policy may exacerbate fluctuations in the international financial market, and the imbalance and complexity of capital flows are more prominent.

However, SAIC Group also pointed out that since the company took the lead in launching the re -production and re -production pressure test on April 18, the sales volume in May and June reached 118%and 33%month -on -month. The sales volume is close to the same period last year.

In addition, SAIC Group stated at the 2021 shareholders' meeting held on May 20 that the company's various tasks still rolled according to the 6 million targets proposed at the beginning of the year.

Tianfeng Securities Research Report also stated that with the relief of the epidemic, the production and sales have returned to the normal level before the epidemic, and the performance of SAIC Group is expected to accelerate.

"In the second half of the year, the production line of new energy head manufacturers, the expansion of production capacity, the supply of supply is expected to continue, and the new product is also worth looking forward to. It is expected that the new energy will play a strong role in the auto market during the year." It also pointed out that the retail sales of passenger vehicles in August are expected to be 1.88 million units, a year -on -year increase of 29.6%; of which new energy retail sales are expected to be 52 million units, a year -on -year increase of 108.3%.

The semi -annual report shows that SAIC Group's business mainly covers the fields of vehicles, components, mobile travel and services, finance, and international operations.

In terms of secondary market, SAIC Group's stock price increased by 1.31%from the previous trading day to 16.18 yuan. Flush iFind data shows that its stock price has fallen over 20 % during the year. As of now, its total market value is 189 billion yuan. (Zhongxin Jingwei APP)

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