Recently, the auto trading and service platform Tuanche released the fourth quarter and full year of 2021 financial report. Among them, its net income in the quarter was 83.13 million yuan, a year-on-year decrease of 49.8%, and gross profit was 63.52 million yuan, a year-on-year decrease of 47.3%. In terms of business, its new car trading volume fell by 63.9% from 69,300 units to 24,990 units in the quarter, and the total sales of new cars fell by 6.53% from 9.8 billion yuan to 3.4 billion yuan, and due to the continuous scattered outbreak of the epidemic in the fourth quarter of last year, Tuanche's auto show business only carried out 107 games in 80 cities, a year-on-year decrease of 53.5%.
For the whole year of 2021, the net income of Tuanche was 357.6 million yuan, an increase of 8.3% year-on-year, the gross profit for the whole year was 272.3 million yuan, an increase of 12.8% year-on-year, the gross profit margin was 76.1%, and the new car transaction 104689 units in the whole year, a decrease of 25.4% year-on-year. At the same time, the net loss attributable to the company's shareholders for the whole year of 2021 was 101.9 million yuan, a decrease of 37.5% year-on-year, and the basic and diluted loss per ordinary share was 0.33 yuan, compared with 0.54 yuan in the previous year.
In this regard, Wen Wei, founder and CEO of Tuanche, said, "Although affected by the epidemic, the net income of Tuanche in the fourth quarter exceeded previous expectations, reaching 83.13 million yuan, an increase of 36.1% month-on-month. While continuing to promote the auto trading business, Tuanche has also launched a new development strategy and expanded its business into the field of electric vehicle manufacturing. In the future, we will have a place in the electric vehicle market."
Yu Chenxi, deputy chief financial officer of Tuanche, pointed out, "Under the influence of the epidemic, our net income for the whole year of 2021 increased by only 8.3%, and in the fourth quarter, there was a year-on-year decline of 49.8%, but at the same time, under our continuous revenue structure optimization and cost control, the gross profit margin in 2021 reached 76.1%, which was 3 and 5 percentage points higher than that in 2020 and 2019, respectively, and the operating expenses in the fourth quarter fell by 27.4% year-on-year." ”
In fact, at the beginning of this year, the group car also announced "car manufacturing", and said that in the future, it will form a new electric vehicle business line by forming a team including design, research and development, production, etc., in order to enter the field of electric vehicle manufacturing. Wen Wei once said, "The biggest driving force for the group car to decide to build a car comes from an external team of more than 100 people, this team is proficient in all car manufacturing processes, and can do more than 20 million yuan of cars, but also can do cars below 50,000 yuan, including commercial vehicles, logistics vehicles." As for the car manufacturing cycle, the international manufacturers in the era of fuel vehicles are 48 months, domestic manufacturers have achieved 36 months, and this team can do 18-24 months."
Then Li Xiang, the founder of Ideal Auto, commented, "Those entrepreneurs who expect to find a super savior, those entrepreneurs who expect to be able to do nothing by opening the second vein of Ren Dou, and finally find liars, or most likely they are also liars." There are still people who can openly speak out of this view without shame, which really refreshes the bottom line of entrepreneurs. ”
【The picture of this article comes from the network】