The ranking of China's auto vehicle listed companies' net profit rate in the past three years

In the past two years, the average net interest rate of China's auto vehicle listed companies has increased significantly. According to the financial data of 26 Chinese listed companies listed by Gasgoo.com, the average net interest rate of China's entire vehicle-listed companies was 2.29% in 2008, and it surged to 4.43% in 2009 and further increased to 4.90% in 2010.

The increase in the level of its net interest rate in 2009 and 2010 is related to the fact that China’s auto market has maintained the world’s largest market in these two years and maintained a relatively high growth rate.

From the perspective of specific enterprises, from 2008 to 2010, the companies with the highest net profit rate among China's entire listed vehicles are Geely Automobile, Jiangling Motors, and Great Wall Motor. Among them, Great Wall Motor's 2008 and 2009 net profit levels rank fourth only (6.25% and 8.25%, respectively), and it surged to the first place in 2010, reaching 12.17%.

The net profit rate of Jiangling Motors also increased significantly: its net interest rate in 2008 was 9.13%, and in 2009 and 2010 it exceeded 10% (10.12% and 10.86%, respectively). The profit margin of Geely Automobile declined: Its net interest rate in 2008 was as high as 20.50%, and it will reach 8.41% in 2009 and further decrease to 6.81% in 2010.

The 2009 net profit margin is second only to Jiangling Motors, which is BYD (including automobile and battery business), with a net profit rate of 9.61%. In 2010, affected by the setback of the BYD auto business, its net interest rate fell to 5.41% and was overtaken by Great Wall Motors, Guangzhou Automobile Group, Geely Automobile, Xingma Automobile, Yutong Bus, Changan Automobile, ST Gold Cup and Lifan.

Shanghai Automotive's net profit margin in 2008 was less than 1%, and both reached 4% (4.75% and 4.39%, respectively) in 2009 and 2010. The sharp increase in its net profit margin has not only boosted the auto market, but also injected more equity into the listed joint venture assets. Company related.


The FAW two major vehicle listed companies are FAW Cars and FAW Xiali, with the former's net interest rate higher than the latter's. For the past three years, the net profit of FAW cars has been around 5%. Although the net profit of FAW Xiali increased year by year in 2008-10 and reached 3.03% in 2010, it is still less than the average level of listed vehicles.

Comparing Dongfeng Motor and Changan Automobile, the main listed companies of Dongfeng Group and Changan Group, it can be seen that the net interest rate of Dongfeng Motor in 2008 is higher than that of Changan Automobile, and Changan Automobile in 2009 and 2010 far exceeds Dongfeng Motor. The main reason should be that the micro-vehicle business of Changan Automobile has surged due to preferential policies that directly benefited the countries in 2009 and 2010 to stimulate the auto market.

The highest net profit rate among listed companies in the main bus business is Yutong Bus, which has a net interest rate of more than 6% for the past three years.

Of the major heavy truck listed companies, the highest net profit margin for 2009 and 2010 was Xingma Automobile (3.13% and 6.74% respectively in these two years).

Note:

1. The "net profit" in the chart of this article refers to "net profit attributable to shareholders of a listed company", "net profit attributable to owners of parent company", "net profit attributable to shareholders of parent company" or "attributable to ordinary shares of the company Shareholders' net profit." All data was taken from the data published by the company in the current year, rather than the adjusted data in the second year.

2. "ST Changhe" has been renamed "AVIC Electronics" at the end of 2009 and has reorganized its assets to change its main business to aviation instrumentation and flight control. Therefore, this article was not included in the main vehicle listed companies in 2010.

3. "Dong'an Panthers" was renamed "China Aviation Black Panther" in 2010.

4. "Dongfeng Motor" refers to Dongfeng Motor Co., Ltd., which is listed on the Shanghai A-share market. Its main businesses include light trucks, buses and chassis, SUVs, MPVs, and micro cards.