Great Wall Motor's Financial Report Forecast for the first half of the year: net profit rises more than 50%, and the growth of new energy is slow

21st Century Business Herald reporter Du Qiaomei reported

After July 14, Great Wall Motors (601633.SH) issued an announcement of pre -increased results in the semi -annual performance in 2022.

The announcement shows that the net profit attributable to the shareholders of listed companies in the semi-annual 2022 year was 53-5.9 billion yuan. Compared with the same period last year, it is expected to increase by 1.77-2.37 billion yuan, a year-on-year increase of 50.20%-67.20%.

Great Wall Motors stated in the announcement that during the reporting period, the performance growth was mainly due to the company's optimized product structure, the increase in the price of bicycles, the increase in gross profit and gross profit margin, and the increase in exchange income; Intelligent development has led to increased investment in investment and equity incentives year -on -year.

However, in the first half of this year, Great Wall Motor's non-operating profit or loss was as high as 3.5 billion yuan to 3.6 billion yuan. Great Wall Motors said that the company's exchange income was increased.

The net profit of Great Wall Motor's deduction of non-recurring profit or loss of non-recurring profit and loss of listed companies was 1.8-23 million yuan, which is expected to decrease by 54-1.04 billion yuan compared with the same period last year, a year-on-year decrease of 19.07%-36.66%. The amplitude is basically the same.

A few days ago, the sales of Great Wall Motors in the first half of the year showed that from January to June, Great Wall Motors sold a total of 518,500 new cars, a 16.12%decrease from the same period last year. According to previous plans, Great Wall Motors' annual sales target this year was 1.9 million vehicles. In the first half of the year, Great Wall Motors only completed 27.3%of the annual sales target.

In the field of new energy, Wei brand, which is facing high -end new energy transformation in the first half of the year, has a total sales of 22,000 units, a year -on -year decrease of 4.35%; Eurla, the new energy brand that focuses on women's tracks, sold a total of 59,100 new cars in the first half of the year, an increase of 12.52%year -on -year Essence Generally speaking, in the first half of this year, Great Wall Motor's new energy vehicles sold a total of 63,600 vehicles.

As an independent brand of new energy vehicles in my country earlier, the new energy sales of Great Wall Motors not only lag far behind BYD, but also lower than the development speed of the industry.

According to data from the Federation of Federation, from January to June, the domestic retail of new energy passenger cars was 2.248 million, a year-on-year increase of 122.5%.

However, as the current sales of Great Wall Motor's new energy products, Euler is seeking transformation.

Since Euler announced that the black cat and white cat models have stopped receiving orders on February 14 this year, Euler CEO Dong Yandong said that this year will be a year for the strategic transformation of the Euler brand.

"The brand needs to be advanced, including the waist market, including A0, A -level, and B -level new energy products, will rise in the morning and evening. Euler also discovered the possibility of breaking through in the A0 market from good cats." It will further meet the personalized needs of consumers.

On July 12, the Euler Ballet cat was officially launched. The new car launched a total of 4 version of the 401km and 500km battery life. After the comprehensive subsidy, the price was 193,000 yuan to 223,000 yuan. As the beginning of the Euler brand, from the perspective of the price, Euler ballet cats are also the current first models that sell for more than 200,000 yuan.

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