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Net profit for the third consecutive year, BYD semiconductor company wants to be listed independently

Netprofitforthethirdconsecutiveyear,BYDsemiconductorcompanywantstobelistedindependently OnApril22,BYDreleasedits2019annualreport.In2019,BYDachievedoperatingincomeofapproximately1277.3.9billionUSdollars,anaverageof1ayear.78%;netprofitattributabletoshareholdersoflistedcompaniesisabout16.14ppm,a10-yearaverageof41.93%;thenetprofitattributabletoshareholdersofthelistedcompanyisabout2.3.1billionUSdollars,anaverageof60years.64%.Asawell-knowndomesticautocompany,althoughithasalwaysbeenproposedthat”inthelongrun,thesupplementofnewenergyvehiclestoretreatwillhelpoptimizethecompetitivelandscapeofnewenergyvehicles”,butithastofacetheprofitpressureonthecompanyintheshortterm.HowdoesBYDplantobreakthegame?Affectedbythenewenergyvehiclebusiness,BYD’snetincomelastyearatleastdoubled.BYDmainlyconcentratedontheinternalautobusinessofnewenergyvehiclesandtraditionalfuelvehicles,mobilephonepartsandassemblybusiness,secondaryrechargeablebatteriesandphotovoltaicbusiness,andactivelyexpandedurbanrailTransportationbusinessarea.In2019,BYD’soperatingincomedroppedby1everyyear.78%,ofwhichtherevenuefromtheautomotiveandrelatedproductsbusinesswasapproximatelyRMB63266million,whichdecreasedby16inthefuture.76%;therevenueofmobilephonepartsandassemblybusinessisaboutRMB53,380million,whichwillincreaseby26inthefuture.40%;RechargeablebatteryandphotovoltaicbusinessrevenueswereapproximatelyRMB10,506million,ariseofmorethan17.38%.Thethreemajorbusinessesaccountedfor49%ofBYD’stotalrevenue.53%,41.79%and8.22%;In2019,therevenueofthenewenergyvehiclebusinesswasapproximatelyRMB40,145million,whichwilldeclineby23inthefuture.42%,theproportionofBYD’stotalrevenuedroppedto31.43%.Sauna,Yewangnoticedthat2019isnotBYD’sfirstnetprofitreplacement.Since2017,BYD’sannualnetprofitwillhaveimprovedfromthepreviousyear.Someanalystsbelievethat“newenergyvehicleshavebeenaffectedbypolicyadjustments,whichhasprolongedBYD’sperformance.AccordingtothedatareleasedbytheNationalBureauofStatistics,theGDPin2019willonlygrowby6peryear.1%,anewlowsince1991;theexternalenvironmentbecamemorecomplicatedandsevereinthesecondhalfoftheyear,leadingtoagradualreplacementofGDPgrowthinthethirdandfourthquarter6.0%isthelowestquarterlygrowthrateinthepastthreedecades.AccordingtodatafromtheChinaAssociationofAutomobileManufacturers,nationalautoproductionandsalesin2019were2,572respectively.10,000vehiclesand2,576.90,000vehicles,downby7everyyear.5%and8.2%.Amongthem,thesalesofnewenergyvehicleswereaffectedbythedeclineincompensationandtheearlyswitchingoftheNationalSixStandardsinsomeregions.Thesecondhalfoftheyearshowedaprominenttrend,andtheresultingsaleswere124respectively.20,000vehiclesand120.60,000vehicles,down2everyyear.3%and4.0%.BYDitselfhasalsobeenaffected.”In2019,China’snewenergyvehiclemarkethasusheredinthelargestyearofsupplementarydeclineinhistory.Thereplacementoftheslopeandsomeregions’earlyswitchingofthenationalsixstandarddraggeddowntheindustry.Forthefirsttime,bothproductionandsalesfell.NewenergyCarsaleshaveevenincreased.”Lookingcarefullyatits2019annualreport,thenon-netprofitdeductionisinthethirdandnegativeinthefourthquarter.Thegovernmentsubsidyreceivedin2019isabout14.8.4billionyuan,nearly600millionyuanlessthanin2018.Newenergyvehicleswillwelcomeindustryreshuffle,howdoesBYDwanttofight?Sinceenteringtheautobusinessin2003,BYDhasgrownintoaleadingChineseautomanufacturer.”AsagloballeaderinR&Dandpromotionofnewenergyvehicles,theGrouphasaccumulatedtechnologyaccumulationandleadingmarketshareinthefieldofnewenergyvehicles,replacingBYD’sindustryleadershipinthefieldofnewenergyvehiclesworldwide.””BYDsaid.Lookingaheadto2020,BYDbelievesthattheimpactofthenewcoronaviruspneumoniaepidemicwillincreasethedownsiderisksoftheglobaleconomyandmaketheoutlookmoreuncertain.However,EuropeandtheUnitedStateshavesuccessivelyintroducedrelevantpoliciestofurtherencouragethedevelopmentofnewenergyvehicles,whichprovidesafeasibleguaranteefornewenergyvehiclestobecomethedevelopmenttrendoftheglobalautomobilemarket.Domestically,theindustrialstructurehasbeencontinuouslyupgradedandsupplementedtofurtherdecline.Newenergyvehicleswillusherinindustryreshuffle,acceleratetheoptimizationofindustrystructure,andpromotehealthyandstablegrowthoftheindustry.So,whatdoesBYDplantodo?Thefirstis”continuetolaunchmodelsthatreducemarketcompetition”,”introducetheinheritanceoftheGroup’snewenergyvehicleproducts,theapplicationofinnovativetechnologiesandthereleaseofnewmodels,therebybringingnewgrowthtothenewenergyvehiclebusiness.””BYDthinks.Thefirstistheeducationanddevelopmentofthemarket.Inthefieldofpublictransportation,BYDhasbeenworkinghardtopromotethegreenupgradeofdomesticandforeignurbanpublictransportationsystems,”contributingitsownpowertothepromotionandpromotionofnewenergyvehicles.”,BYDalsostrivestostrengthenitspenetrationinthefieldofspecialvehicles,andactivelypromoteelectrificationinvariousfields,becomingtheGroup’snewgrowthpoint.Rescuemasksunderthenewcrownepidemic,semiconductorcompanieswanttobelistedindependently.In2020,thesurpriseattackofthenewcrownpneumoniaepidemicdisruptedtherhythmofmanycompanies.Inthefirstquarterofthisyear,BYDexpectsthatthenetprofitattributabletoshareholdersoflistedcompanieswillbe50millionto150millionyuan,adecreaseof79comparedwiththesameperiodlastyear.99%-93.33%.Inthisregard,BYDexplained:”Inthefirstquarterof2020,thenewcoronaviruspneumoniaepidemicandthemacroeconomicdownturnhavebrokenthroughtheoverallmarketdemandoftheautomotiveindustry,andthecompany’ssalesofnewenergyvehicleshavedeviatedsignificantlyfromthesameperiodlastyear.”Intermsoftraditionalfuelvehicles,throughthecontinuedsalesofSongPro,thepressuretoreducefuelvehiclesaleshasbeenrelievedtoacertainextent.Intermsofmobilephonecomponentsandassemblybusiness,theCompanyactivelyexpandeditsbusinessscopeanddeepenedcustomercooperationtoachievegoodresults,andpromotedthesteadydevelopmentofitsbusiness.Inthephotovoltaicbusiness,benefitingfromthegrowthofoverseasmarkets,revenueisexpectedtorecoversomewhat.”Duringtheepidemic,BYDalsoactivelyassumedthecorporatesocialresponsibility.Accordingtoitsofficialwebsite,attheendofJanuary,whiledonating10millioncashtoHubeiProvincetosave1millionyuanworthofprotectivematerialsforfrontlinepersonnel,thecompanydecidedtorescueMasksanddisinfectinggelshelptofighttheepidemic,andquicklysetuparesearchanddevelopmentteam,andsetupaspecialteamwithWangChuanfuasthepersonincharge.”ThemasksproducedbyBYDareincreasingatarateof300,000to500,000perday,and5-10newmaskmachinesperdaycanbemass-produced.Atpresent,theproductioncapacityof5millionmasksperdayhasbeenreached,whichisequivalenttothepreviousnationaloutputIn1/4,BYDbecametheworld’slargestmass-productionmaskfactory.”BYDsaid.Atthesametime,BYDhasanotheractionthisyearthatcannotbeignored.Thatis,BYDrecentlypassedtheequitytransferbetweenitssubsidiaries,andthebusinesstransferwascompletedtotheinternalofthewholly-ownedsubsidiaryShenzhenBYDMicroelectronicsCo.,Ltd.(referredtoas”BYDMicroelectronics”,renamed”BYDSemiconductorCo.,Ltd.”).reconstruction.Throughinternalreorganization,BYDMicroelectronicstransferred100%equityofNingboBYDSemiconductorCo.,Ltd.and100%equityofGuangdongBYDEnergySavingTechnologyCo.,Ltd.,andacquiredintelligentoptoelectronics,LEDlightsourceandLEDapplicationrelatedbusinessesofHuizhouBYDIndustrialCo.,Ltd.OnApril14,BYDannouncedthatBYDSemiconductorplanstoreleasestrategicinvestorsthroughcapitalincreaseandshareexpansion.”Inthefuture,BYDSemiconductorwillstrengthenmarketdemandorientation,activelyexpandexternalmarketorders,acceleratethecompany’sdevelopment,andgraspthepossibilityoftheriseofChina’ssemiconductorindustry.Atthesametime,BYDSemiconductorwillmakefulluseofthecapitalmarketfinancingplatform,activelyseekindependentlistingatanappropriatetime,establishanindependentcapitalmarketplatformandamarket-basedincentivemechanism,stimulatethecompany’svitality,andhelpthebusinesscontinuetogrowbiggerandstronger.”BYDsaid.Sauna,nightnetYanXiaeditorChenLiproofreadingLiuJun

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[How long the bacon is cooked]_Bacon _ Practice Daquan _Home Practice

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