Huayu Automobile (600741.SH) released its 2023 annual report. The company achieved operating income of 16 during the reporting period...
According to Zhitong Finance App, Huayu Auto (600741.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 168.594 billion yuan, up 6.52% year on year; net profit attributable to shareholders of listed companies was 7.214 billion yuan, up 0.15% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 6.503 billion yuan, up 0.62% year on year; basic earnings per share were 2.288 yuan/share.
The company plans to distribute profits in 2023 based on the total share capital registered on the share registration date for implementing equity distribution, and plans to distribute a cash dividend of 7.50 yuan (tax included) for every 10 shares to all shareholders.
The company adheres to market demand as the guide, adapts to the market trend where the penetration rate of new energy sources and market share of its own brands continues to rise, and continues to deepen the incremental customer market on the basis of stabilizing the existing infrastructure business. During the reporting period, the company used its business cluster advantages, built a collaborative platform, and joined forces to explore the market. Through centralized technology display and thematic communication on key projects, the company had many exchanges with customers such as Geely Automobile, Guangzhou Automobile Group, Chery Automobile, Great Wall Motor, Changan Automobile, Xiaopeng Motor, and Ideal Auto to promote new products and technologies, and pursue key customer projects.
In 2023, according to aggregated statistics, 53.82% of the company's main business revenue came from vehicle customers outside SAIC Motor Group, and the share of revenue from outside vehicle customers continued to rise. Tesla Shanghai, FAW-Volkswagen, BYD, Chery, BMW Brilliance, Changan Ford, Geely, Changan Automobile, Guangzhou Automobile Passenger Vehicle, and JAC became the top ten domestic OEM customers in terms of the company's revenue share. In 2023, of the company's newly acquired business life cycle orders, NEV-related models accounted for more than 65% of the supporting amount, and domestic independent brands accounted for more than 40% of the supporting amount.