On the evening of March 29, 2022, Byd Company Limited(002594) ( Byd Company Limited(002594) ) released the annual performance report of 2021. According to the report, Byd Company Limited(002594) 2021 achieved an operating revenue of 216142 billion yuan, a year-on-year increase of 38.02%; The net profit attributable to the shareholders of the listed company is 3.045 billion yuan; The net cash flow from operating activities was 65.467 billion yuan, a year-on-year increase of 44.22%.
various models are hot selling, and the sales volume of new energy vehicles has led
According to the data of China Automobile Association, in 2021, the production and sales of China Shanxi Guoxin Energy Corporation Limited(600617) automobile market completed 3.545 million and 3.521 million respectively, with an average year-on-year increase of 1.6 times, and the market share reached 13.4%, 8 percentage points higher than that of the previous year. Under the general trend of industrial development, in Byd Company Limited(002594) 2021, the annual number of new energy vehicles exceeded Shanghai Pudong Development Bank Co.Ltd(600000) , with a year-on-year increase of 218.30%, realizing the first sales volume of new energy vehicles in China for nine consecutive years.
In 2021, Byd Company Limited(002594) ushered in the offline of the first million new energy vehicles, and many models are selling well. Among them, the annual sales volume of Han is about 117700, breaking the sales record of new energy independent brand cars with a price of more than 200000. In addition, the newly launched dolphin was also overwhelming, breaking 10000 in December last year, and successfully ranked among the top 10 in the retail sales of new energy cars.
It is worth mentioning that Byd Company Limited(002594) launched several DM-I super hybrid models such as Qin plus DM-I, song plus DM-I and Tang DM-I last year. With the characteristics of ultra-low fuel consumption, quiet, smooth and excellent power, DM-I model has been widely concerned and recognized by the market, driving the cumulative sales of DM model throughout the year of about 272900.
Under the guidance of many popular models, Byd Company Limited(002594) brand strength has been rapidly improved. According to Wilson, the average price of Byd Company Limited(002594) passenger cars has exceeded 150000 yuan. It is reported that in 2022, Byd Company Limited(002594) will further expand the high-end market and launch high-end brands. The price range is expected to be more than 5 Ping An Bank Co.Ltd(000001) million yuan. In the future, Byd Company Limited(002594) automobile business will be composed of four sections: Wang Chaowang, Haiyang, Tengshi and high-end brands. With the launch of new models, Byd Company Limited(002594) ‘s product matrix will become more and more perfect.
go hand in hand and highlight the advantages of the whole industrial chain
In recent years, due to the rising price of raw materials and the impact of the global epidemic, the automotive industry has encountered challenges Byd Company Limited(002594) as the only car company in the world that has mastered the core technologies of the whole industry chain of new energy vehicles such as batteries, motors, electronic controls and chips at the same time, its advantages are prominent.
According to the financial report data, in 2021, Byd Company Limited(002594) R & D investment was 10.627 billion yuan, a year-on-year increase of 24.20%; The number of R & D personnel was about 40400, with a year-on-year increase of 31.52%. With the continuous increase in research and development, Byd Company Limited(002594) has possessed super safe blade battery, DM-I super hybrid, E platform 3.0 and igbt4 0 and other core technologies. Driven by technological innovation, Byd Company Limited(002594) all business segments are booming.
In terms of battery business, the blade battery, which has won the “global new energy vehicle innovation technology” award, has accelerated the penetration of lithium iron phosphate battery in the field of passenger vehicles by virtue of its technical advantages such as super safety, super endurance and super strength. It is understood that with the continuous expansion of openness and sharing, many auto brands around the world are negotiating and cooperating with Freddie battery.
In terms of semiconductor business, Byd Company Limited(002594) semiconductor brings together all-round solutions such as power semiconductor, intelligent control IC, intelligent sensor and photoelectric semiconductor, covering vehicle specification level, consumer electronics, household appliances and other fields. Chip products are superior to mainstream products in many key technical indicators. It is reported that the semiconductor split listing project is advancing steadily.
In addition, the business share of Byd Company Limited(002594) electronics in Android major customers continues to increase, and the business layout in North America major customers continues to strengthen; The new intelligent products sector has spread rapidly, and the shipments of smart home, game hardware, UAVs and other products have continued to grow; The shipment volume of automotive intelligent system products increased significantly.
In terms of commercial vehicles, the annual sales exceeded 10000 in 2021. Among them, under the fluctuation and challenge of the industry, new energy buses sold 5772 units, and quickly attacked the small bus market of 7m and below, achieving the first sales volume and the first market share in this segment. Looking around the world, Byd Company Limited(002594) won a large number of orders from Britain, Colombia and other countries, and successively brought a new experience of pure electric travel to Japan, New Zealand, Germany, Sweden and other countries.
At the same time, Byd Company Limited(002594) passenger cars are officially distributed in the overseas market. In 2021, thousands of Tang EVs were delivered in Norway, and the flagship car Han EV arrived in Brazil, Mexico, Colombia and other Latin American countries. The strategic achievements of “going to sea” are beginning to appear.
According to the estimates of securities companies, from 2020 to 2030, the compound annual growth rate of new energy vehicles in the three major markets of China, the United States and Europe can reach 22.5%, 36.7% and 19.7% respectively. New energy vehicles are in a period of rapid development. In this context, Byd Company Limited(002594) , which has been deeply engaged in the field of new energy for many years, is expected to usher in a continuous breakthrough in sales and performance.
