·The whole vehicle company released the third-quarter earnings report

With the deadline for the release of the third-quarter earnings report, domestic listed automakers have successively produced transcripts. A few days ago, the reporter found that as of October 28, among the domestic vehicle manufacturers, a total of seven car companies released third-quarter earnings reports and three car companies issued performance forecasts. Among the 10 car companies, only the performance of Dongfeng Motor, Yutong Bus, Zhongtong Bus and Changan Automobile increased year-on-year; while the performance of Great Wall Motor, Jianghuai Automobile, FAW Car, FAW Xiali and Jinbei Automobile decreased year-on-year. The market performance trend of the whole vehicle enterprise has become more and more obvious.
Dongfeng and Zhongtong's performance surged From the perspective of vehicle companies that have already released financial reports, the fastest growth is Zhongtong Bus. According to the financial report, in the first three quarters, the net profit attributable to the parent company of Zhongtong Bus was 275 million yuan to 279 million yuan, and the increase or decrease was 221%-226%; the earnings per share was 1.15 yuan to 1.17 yuan. However, the rapid growth of Zhongtong Bus's performance is not due to the main business, but because the proceeds from the sale of the entire equity of Sun Company Xinjiang Zhongtong Real Estate Development Co., Ltd. last year were included in the profit for the year, affecting the company's consolidated statement profit of 190 million yuan, of which The net profit of the parent company was 180 million yuan.
Dongfeng Motor's financial report showed that the operating income in the first three quarters was 12.994 billion yuan, down 10.36% year-on-year; the net profit attributable to shareholders of listed companies was 186 million yuan, up 660.18% year-on-year; basic earnings per share was 0.0929 yuan. The data shows that in the first three quarters of this year, the main business cost of Dongfeng Motor decreased by 768 million yuan compared with the same period of last year, a decrease of 6.77%; the cost of other business decreased by 684 million yuan compared with the same period of the previous year, a decrease of 53.98%.
However, another auto giant Changan Automobile Financial Report reported that the third quarter of this year's profit was 1.721 billion yuan to 1.971 billion yuan, an increase of 80.58% to 106.80%; and the first three quarters of this year's profit was 5.35 billion yuan to 5.6 billion yuan, a year-on-year increase. 134.19% to 145.13%, earnings per share of about 1.15 yuan to 1.20 yuan. Changan Automobile said that the main joint ventures and joint ventures completed sales of 1.902 million vehicles. The investment income of the joint ventures Changan Ford and Changan Mazda increased significantly year-on-year. The structure of the self-owned brand cars continued to optimize, resulting in a substantial increase in the company's reporting period.
FAW Xiali has a huge loss of more than 600 million. The China Automobile Association data show that in the first nine months, China's automobile production and sales were 17.25.59 million and 170.09 million, an increase of 8.08% and 7.04%. Among them, the production and sales of passenger cars were 14.36 million and 14.1555 million, an increase of 11.29% and 10.17%. However, the slowdown in market growth means that market competition has intensified, leading to a decline in profits of some car companies.
From the vehicle companies that have released the performance report, the performance of Great Wall Motor, Jianghuai Automobile, FAW Car, FAW Xiali and Jinbei Automobile decreased year-on-year, accounting for half of the number of published financial enterprises.
Among them, Great Wall Motor achieved operating income of 42.586 billion yuan in the first three quarters, up 4.44% year-on-year; net profit attributable to shareholders of listed companies was 5.586 billion yuan, down 9.49% year-on-year; basic earnings per share was 1.8361 yuan.
FAW Xiali has a loss of 670 million yuan to 730 million yuan, a year-on-year decline of 574% to 635%. FAW Xiali said that it was mainly affected by the upgrade of automobile consumption, and the economy car market experienced negative growth and fierce competition. Since last year, it has taken the initiative to adjust the product structure, enhance the brand image, shut down some of the old Xiali products, production and sales, business has been affected. At the same time, FAW Toyota, which participated in the stock market, experienced a decline in its investment income due to market competition and product structure changes.
In addition, Jianghuai Automobile's financial report showed that Jianghuai's operating income in the third quarter was 7.085 billion yuan, down 5.72% year-on-year; the net profit attributable to the mother was a loss of 40.58 million yuan, and the loss after deducting was 92.3 million yuan. This is also the first time that Jianghuai Automobile has experienced a single-quarter performance loss in the past five years.
The analysis pointed out that as the overall market growth rate declines, the competition will be more intense in the future, such as the inability to keep up with changes in the consumer market, which will further lead to the differentiation of listed car companies.

3-ply Adhesive Wrapping Tape

Polyethylene double-sided adhesive anticorrosive inner tape is a new member of the anticorrosive tape anticorrosive system, is based on high-performance polyethylene film, both sides at the same time high-pressure heat compound on high-performance anticorrosive butyl rubber made of tape anticorrosive material, can be cold-wrapped construction, mainly used in oil, natural gas transmission; chemical industry, urban construction of water supply and drainage and gas transmission and other buried steel pipeline external surface corrosion. With convenient construction, no pollution and other characteristics, is one of the anti-corrosion system of choice for pipeline external corrosion.