Vguan financial report Zotye Auto s net profit in 2023 is expected to be 7.5 billion 900 million

Mondo Cars Updated on 2024-02-01

Zhongxin Jingwei, January 29 - Zotye Auto released its 2023 annual performance forecast on the evening of the 29th.

Zotye Auto said that it expects a net profit loss attributable to shareholders of listed companies in 2023 to be 7500 million yuan-900 million yuan, a loss of 9 in the same period last year100 million yuan, the loss margin narrowed year-on-year; Estimated operating income of 6800 million yuan-800 million yuan, compared with 7$8.3 billion; Basic earnings per share loss is expected to be 0$15 shares-018 yuan shares, a loss of 0$18 shares.

As for the reasons for the performance loss, Zotye Auto said that compared with 2022, the company's vehicle sales revenue in 2023 has increased, but the auto parts and door business has decreased due to the market environment, so the overall revenue has decreased; In FY 2023, the company's vehicle business is still recovering, and the sales volume is small. At the same time, the company intends to make a total of about 300 million yuan to 400 million yuan of asset impairment provisions and bad debt provisions, so the overall performance is still in the red.

Zotye Auto has been losing money year after year. From 2019 to 2022, they lost 1119 billion yuan, 1080.1 billion yuan, 70.6 billion yuan, 90.9 billion yuan; In the first three quarters of 2023, Zotye Auto lost 44.7 billion yuan, down 7 percent year-on-year26%。At the same time, according to the company's announcement, as of the first half of 2023, the company's vehicle production and sales are only 872 and 652, and the overall scale is still small.

According to the official website, Zotye Automobile is an automobile manufacturer with R&D, manufacturing and sales of complete vehicles as its core business, and its products cover market segments such as cars, SUVs, MPVs and new energy vehicles. (Zhongxin Jingwei app).

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