Today, small electric detective invited to participate in Geely Automobile 2019 annual results released online media conference, at the meeting, issued a lot of important content. Detective as we put together some useful information, whether it is for investment research or, eat melon industry worth mentioning, as long as we can help, is the best.
1. Geely Automobile 2019 revenue of 97.401 billion yuan, down 9 percentage year on year. 2019, the country’s auto market suffered a five liters country six back slope and other new energy subsidy crisis, leading to increased research and development costs; coupled with the overall decline in the market, resulting in reduced demand. Therefore, the net profit of Geely Automobile (company profit attributable to equity holders) was 81.9 billion yuan, down 35 percentage year on year, below market expectations of 8.72 billion yuan.
Geely internal cash flow but a well-run , coupled with last year issued $ 500 million perpetual capital securities priority, bringing the total cash levels Geely increased by 23 percentage than the end of 2019 .
2. terms of car sales, full-year 2019, Geely sold 1.3616 million, down 9 percentage year on year; including new energy vehicle sales 113,000 , an increase of 66.5 percentage; exports of 57,991, an increase of 110.6 percentage.
3. In January 2020, Geely announced this year sales target of 1.41 million , Mr. Conghui conference today said the president of Geely Holding , will not affect the epidemic and reduced sales target , his own company for research and development, sales and production capacity is very confident. In addition, the original plan in the fourth quarter of Europe’s leading listed in grams will not be affected; Geely overseas suppliers affected by the epidemic, although a part of, but generally under control, Geely will assist these companies as much as possible.
4. 2020 Geely Group launched six new vehicles , which Geely brand 3 (ICON, ho Vietnam, Preface), leading brand 2 grams (collarG 05 and g collar 06), a brand geometry (geometric C), people are concerned about the new car friends can look at.
▲ The picture shows the geometry C
5. in the future, Geely will layout “earth integrated travel” , before the end of 2020 Geely will debut double LEO satellites, in full swing commercially proven to enhance the world’s first low-orbit satellite navigation systems; for 5G-V2X, on-board chip, low-orbit satellites, vehicle networking systems, laser communications, operating systems and other infrastructure are also the layout.