On March 29, Byd Company Limited(002594) ( Byd Company Limited(002594) . SZ) released its annual performance report for 2021, which showed that the company achieved an operating revenue of about 216142 billion yuan in 2021, a year-on-year increase of 38.02%; The net profit attributable to shareholders of listed companies was about 3.045 billion yuan, a year-on-year decrease of 28.08%p align=”center” style=”text-align:center;”> Picture source: Byd Company Limited(002594) announcement
At present, Byd Company Limited(002594) has three business segments, namely, automobile business, mobile phone parts and assembly business, rechargeable battery and photovoltaic business. Among them, the automobile business contributed the most to the high growth of Byd Company Limited(002594) operating revenue in 2021.
According to the financial report, in 2021, Byd Company Limited(002594) automobile, automobile related products and other products business revenue was about 112489 billion yuan, with a year-on-year increase of 33.93%; The revenue from mobile phone parts, assembly and other product business was about 86.454 billion yuan, a year-on-year increase of 43.99%; The revenue of rechargeable battery and photovoltaic business was about 16.471 billion yuan, a year-on-year increase of 36.27%. The three businesses accounted for 52.04%, 40% and 7.62% of Byd Company Limited(002594) total revenue respectively.
Thanks to its excellent performance in the new energy vehicle market, the vehicle sales in Byd Company Limited(002594) 2021 showed explosive growth. According to official data, in 2021, Byd Company Limited(002594) annual cumulative sales exceeded 740000 vehicles, with a year-on-year increase of 73.34%; Among them, the cumulative sales of new energy vehicles were about Suzhou Douson Drilling&Production Equipment Co.Ltd(603800) , with a year-on-year increase of 218.3%, accounting for about 81.59% of the annual vehicle sales in Byd Company Limited(002594) 2021.
It is worth noting that Byd Company Limited(002594) has received high financial subsidies due to its excellent performance in Shanxi Guoxin Energy Corporation Limited(600617) auto market. According to the financial report, in 2021, Byd Company Limited(002594) received subsidies for new energy vehicles of about 5.867 billion yuan.
Byd Company Limited(002594) said that in the future, Byd Company Limited(002594) will promote the all-round expansion of new energy vehicles through the “7 + 4” strategy, and extend the application scope of new energy vehicles from private cars, buses and taxis to conventional fields such as sanitation vehicles, urban commodity logistics, road passenger transport and urban construction logistics, as well as four special fields such as warehousing, mining, ports and airports, so as to realize the full coverage of new energy vehicles to road transportation.
Byd Company Limited(002594) made it clear that it will accelerate the innovation in the field of passenger cars, constantly improve the product matrix of new energy vehicles, and provide better products and services relying on multi-channel platforms such as dynasty.com and ocean.com.
After entering 2022, Byd Company Limited(002594) accelerated the pace of launching its products. Over the past month, Byd Company Limited(002594) has successively launched the first class a trendy SUV of Byd Company Limited(002594) e platform 3.0 – yuan plus, the first plug-in hybrid MPV model – Song Max DM-I, and the first car of Byd Company Limited(002594) Ocean network – destroyer 05.
Byd Company Limited(002594) relevant staff told the reporter of daily economic news that Byd Company Limited(002594) will further expand the high-end market and launch high-end brands in 2022, and the price range is expected to be more than 500000 ~ 1 million yuan.
According to the relevant person in charge of Byd Company Limited(002594) in the future, Byd Company Limited(002594) automobile business will be composed of four sectors: dynasty.com, ocean.com, Tengshi and high-end brands.
