On January 24, Jiangling Motors (000550) recently released the 2021 annual performance express, during the reporting period, the company's total operating income was 35,221,306,472 yuan, an increase of 6.42% year-on-year, and the net profit attributable to the shareholders of the listed company was 574,165,944 yuan, 550,698,958 yuan in the same period last year, an increase of 4.26% year-on-year, basic earnings per share of 0.67 yuan, and 0.64 yuan in the same period of the previous year, an increase of 4.26% year-on-year.
In 2021, the company sold 341,008 full vehicles, including 101,516 light buses, 118,105 trucks, 67,906 pickups, and 53,481 SUVs. Total sales increased by 2.99% year-on-year. In 2021, the company's total profit and net profit increased by 23.21% and 4.26% respectively over the same period of the previous year, mainly due to the increase in sales volume, the continuous promotion of cost reduction and efficiency increase, and the profit growth brought by government subsidies, partially offset by the rise in the price of raw materials such as steel and precious metals, and the increase in chip purchase costs caused by the shortage of automotive chips.
According to the data of the digging shell network, the company's main business is the production and sales of commercial vehicles, SUVs and related parts. The main products include JMC brand light trucks, pickup trucks, light buses, Yisheng brand SUVs, Ford brand light buses, MPVs and other commercial vehicles and SUVs. The company also manufactures engines, castings and other components.
![In February, the sales ranking of pickup truck manufacturers was released, and the sales volume of Great Wall pickup trucks exceeded 10,000 units in February[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)