According to the latest statistics, 11 of the 22 A-share listed companies have released financial data for the third quarter. Among them, five net profits fell, namely Jinbei Automobile, Yaxing Bus, Jianghuai Automobile, Yueda Investment and Great Wall Motor.
It is understood that among the above five companies, Jinbei Automobile achieved a net profit attributable to shareholders of the parent company in the first three quarters of -889.59 million yuan, a year-on-year decrease of 123.87%, ranking first. The company's explanation is that sales revenue has decreased, R&D expenses have increased, and debt restructuring income has been obtained in the previous period, and there is no such business in the current period. The performance of Yaxing Bus also showed a large decline. The company's net loss for the first three quarters was 77.179 million yuan, compared with the loss of 35.297 million yuan in the same period of last year, the decline was close to 118%. In addition, FAW Xiali expects that the net profit attributable to shareholders of listed companies in the first three quarters will fall by more than 500% year-on-year. The industry expects the company to become the "loss king" of the auto industry this year.
At the same time that the above-mentioned company's profits fell, some of the vehicle companies' net profit showed a large increase. The net profit of Yutong Bus, Jiangling Motors and China National Heavy Duty Truck increased by more than 20% year-on-year, while Dongfeng Motors ranked first in the market with a net profit increase of 660%. From the perspective of financial indicators, Dongfeng Motor's â€œreduction of non-reductionâ€ in the first three quarters was obvious, with operating income of 12.994 billion yuan, down 10.36% year-on-year, but the net profit attributable to shareholders of listed companies was 186 million yuan, a year-on-year increase. 6 times
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Insulating Glass Production Line
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