After the production of fuel vehicles, BYD "drove" a new speed!Half -year performance rushing to overtake the whole year last year

As one of the leading companies in China's new energy vehicle, BYD entered the harvest season as one of the leading companies in China. On the evening of August 29, BYD announced the semi -annual report of 2022. In the first half of the year, the revenue and net profit attributable to their mothers were 150.607 billion yuan and 3.595 billion yuan, an increase of 65.71%and 206.35%year -on -year, respectively; the net cash flow generated by operating activities to achieve the net cash flow generated by operating activities. 43.185 billion yuan, a year -on -year increase of 346.27%. It is worth noting that the net profit of 3.595 billion yuan was close to the previous half of BYD's first half of the performance forecast, and exceeded the whole year of last year. BYD stated in the semi -annual report that the company has always practiced the development concept of "technology is king and innovation -oriented", and relying on long -term technological innovation, strategic determination and continuous investment, in the new energy vehicle industry entered the rapid development of large -scale development, The preemptive opportunity has achieved the overall outbreak of the product, the brand's influence continues to increase, and the leading advantage has continued to expand. Revenue and net profit Qi Fei buckle the net profit of the return mother -in -law increased by more than 7 times year -on -year. According to the semi -annual report, BYD's revenue in the first half of the year reached 150.607 billion yuan, a new high since the listing of the first half of the market, with a year -on -year growth rate of 65.71%. Among them, the second, No. 1 In the second quarter, revenue reached 82.782 billion yuan, a year -on -year increase of 67.92%and 25.38%, respectively. From the perspective of business, BYD adjusts the business sector this year. The original secondary rechargeable battery and photovoltaic business were incorporated into the car and battery business. Benefiting from the high growth of new energy vehicles, the automobile and battery business should not allow the fastest growth of BYD's growth rate. In the first half of the year, revenue reached 109.267 billion yuan, an increase of 130.31%year -on -year, and the proportion of income reached 72.55%; mobile phone components and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business and assembly business were as well Other products revenue was 410.70 billion yuan, a decrease of 4.78%year -on -year, accounting for 27.27%. For BYD's automotive business sector, the first half of this year is a key turning year. In early April, BYD announced that it would stop the production of fuel vehicles from March 2022, which will focus on pure electric and plug -in hybrid vehicles business, becoming the world's first car company to stop fuel vehicles. Behind the formal abandonment of "oil" and comprehensively embracing new energy vehicles, BYD Automobile is ushered in a high -speed volume. BYD's production and sales express report shows that the company sold 64,1350 new energy vehicles from January to June, a cumulative increase of 314.90%year-on-year; of which new energy passenger vehicles were 63,8157, a cumulative increase of 324.84%year-on-year, which has exceeded the annual car sales of last year. Among them, the cumulative sales of DM plug -in models were about 315,000 units, an increase of 454.22%year -on -year. According to the data of the China Automobile Association, in the first half of 2022, BYD's new energy vehicle market share of 24.7%, an increase of more than 7.5 percentage points from 2021, and the domestic new energy vehicle market was far ahead. As of July, BYD's new energy vehicle sales have sold more than 100,000 monthly sales for 5 consecutive months. The expansion of scale has improved BYD's profitability. The semi -annual report showed that BYD achieved net profit of 3.595 billion yuan in the first half of the year, an increase of 206.35%year -on -year; net profit of returning home after deduction was 3.029 billion yuan, a significant increase of 721.72%year -on -year. In terms of gross profit margin, the gross profit margin in the first half of the year was 16.30%, a decrease of 1.73 percentage points from the same period in 2021. BYD said in the semi -annual report that in the first half of this year, due to short -term supply and demand mismatch, the rise in upstream raw materials to the industrial chain was put in great pressure. In January and March, the company adjusted the price adjustment of some models, which relieved the cost to a certain extent. pressure. The product densely accelerated the beautiful achievements of BYD, which reflects the rapid development of China's new energy vehicles. In the first half of 2022, despite many unfavorable factors such as macroeconomic downside, epidemic distribution, chip shortage, and the continued rise in raw material prices, the new energy vehicle industry performed uniquely. According to statistics from the China Automobile Association, from January to June this year, the production and sales of China's new energy vehicles completed 2.661 million and 2.6 million, respectively, an average of 1.2 times year-on-year, and the market share reached 21.6%. Essence In order to seize the opportunity of the new energy vehicle market, BYD conducted brand upgrades in the first half of this year. On February 17, BYD announced the renewal and upgrading of the brand and released a new logo. At the same time, BYD's intensive pushing new, marine series seals, dynasty series Tang DM-P, high-end MPV Tengshi D9 and other products pushed to the market, which strongly expanded the product lineup and supported sales volume. Recently, BYD also revealed that new high -end brands will be launched, and the price of new cars will exceed 1 million yuan, further improving the product lineup. Relevant persons in BYD said in an interview with the "Securities Daily" reporter: "As one of the earliest companies in the world, BYD has more than 20 years of technical accumulation in the field of new energy vehicles. Core technologies such as chips, which allows us to produce new energy vehicle products that are more competitive and closer to consumer needs. "In addition to the brand up, the progress of internationalization is also one of the highlights.

BYD Chairman Wang Chuanfu said at the BYD's 2021 performance meeting that the company is currently under great pressure on the development of overseas markets, but it still takes out some shortage of resources to promote the global electric vehicle market. Since the first half of the year, BYD sounded the horn of going to sea and moved towards Australia, Brazil, Japan, Singapore, Germany, Sweden and other markets. According to BYD's production and sales express, the company sold 4026 new energy passenger cars overseas in July. BYD said in the semi -annual report that relying on the comprehensive strength of "technology, quality leader, and market leader", the company's overseas layout of the company's new energy passenger car business has accelerated. "In recent years, many countries have launched their respective carbon peaks, carbon neutrality, and some countries have announced the sale of fuel vehicle timetables. The new energy vehicle market has huge potential. Relevant persons said in an interview with the Securities Daily reporter that the company will work with partners to cultivate the local market to empower BYD's car sales through competitive products and high -quality services. Picture | Site Cool Hero Bao Map.com

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