At SAIC’s 2021 annual general meeting held on May 20, Saic Motor Corporation Limited(600104) said that in 2021, the company achieved terminal retail sales of 5.811 million vehicles, a year-on-year increase of 5.5%. Under the background of complex and severe challenges in production and operation, Saic Motor Corporation Limited(600104) will strive to achieve the sales target of 6 million vehicles set at the beginning of the year in 2022.
According to the financial report, in 2021, Saic Motor Corporation Limited(600104) achieved a total operating revenue of 779.85 billion yuan, a year-on-year increase of 5.1%, with a net increase of 37.7 billion yuan; The overall gross profit margin increased by 0.62 percentage points; The net profit attributable to shareholders of listed companies increased by 4.1 billion yuan to 24.53 billion yuan, a year-on-year increase of 20.1%.
In terms of assets, Saic Motor Corporation Limited(600104) the net assets attributable to shareholders of listed companies reached 273.77 billion yuan, an increase of 5.26% year-on-year, and the weighted average return on net assets was 9.19%, an increase of 1.17 percentage points over the previous year; The asset liability ratio decreased to 64.14%, a decrease of 2.14% over the previous year.
In 2021, Saic Motor Corporation Limited(600104) basic earnings per share was 2.12 yuan, with a year-on-year increase of 21% Saic Motor Corporation Limited(600104) stressed that the company will continue to maintain large dividends. The cash dividend per share in 2021 will increase by 10% compared with that in 2020, and the dividend yield will exceed 4%.
Saic Motor Corporation Limited(600104) said that in the first quarter of this year, the local epidemic seriously disrupted the production and marketing rhythm of the company. Since mid March, many enterprises affiliated to the company have successively started closed-loop operation, especially in mid and early April. With the shutdown of supply chain and the interruption of logistics in Jiangsu, Zhejiang and Shanghai, the company suffered a lot of output loss.
Interior view of Saic Motor Corporation Limited(600104) Lingang passenger car factory on April 23 Saic Motor Corporation Limited(600104) Lingang passenger car factory completed the first vehicle offline under the pressure test of resumption of work and production on the 19th of this month. At present, more than 700 complete vehicles have gone off the assembly line. Photographed by China News Agency reporter Tian Yuhao
However, with the promotion of resumption of work and production, Saic Motor Corporation Limited(600104) also accelerated the key work such as personnel return, supply chain recovery and logistics connection on the premise of strictly doing a good job in epidemic prevention. At present, the vehicle base in Shanghai has realized single shift production, and the production capacity is also recovering rapidly. We will strive to make the production and sales in May as close as possible to the same period last year, and strive to reduce the loss and impact caused by the epidemic.
Saic Motor Corporation Limited(600104) said that at present, the work of the company is still arranged in a rolling manner according to the target of 6 million vehicles put forward at the beginning of the year, and strive to increase the sales of independent brands by more than 20%, accounting for more than 50% of the total sales of the company. The sales volume of new energy vehicles will strive to exceed 1.1 million, with a growth rate of more than 50%.
In the Q & a session of shareholders, Saic Motor Corporation Limited(600104) stressed that in the future, we will continue to vigorously promote the core capacity building and product planning and layout of the three technical routes of “pure electricity, hybrid and fuel cell”. By the end of the 14th Five Year Plan period, new energy vehicles will account for more than 35% of SAIC’s sales, and strive to exceed 3 million. (end)
