On the evening of April 27, Changan Automobile announced its 2021 annual report. Compared with 2020, Changan Automobile's operating income increased by 24.22% to 105.142 billion yuan, a year-on-year development. Among them, the net operating cash flow was 22.972 billion yuan, an increase of 115.17% over the same period last year, a significant increase year-on-year; the company's net profit attributable to shareholders of listed companies during the reporting period was 3.552 billion yuan, up 6.87% year-on-year.
In this regard, Changan Automobile attributed the increase in financial data to the improvement of sales and operating quality in the company's own segment, as well as the significant increase in profits brought about by the improvement of product structure, sales volume and material cost reduction in the joint venture sector.
In the financial report released this time, it is worth mentioning that from the perspective of the composition of operating income, the proportion of Changan Automobile's overseas sales in 2021 and the proportion of sales in the direct sales model have increased significantly compared with last year.
Among them, overseas sales revenue increased from 4 billion yuan to 7.8 billion yuan, and the sales revenue of the direct sales model increased from 790 million yuan to 2.75 billion yuan, a significant increase of 93% and 247% respectively. These figures show that Changan Automobile is more diversified in sales areas and sales models, which will help Changan Automobile maintain its vigorous vitality in the menacing "new four modernization" automobile revolution.
In terms of sales volume, in 2021, Changan Automobile achieved sales of 2.301 million units in the whole year, an increase of 14% year-on-year, returning to the fourth position of China Automobile Group. Among them, Changan's Chinese brand vehicles sold 1.755 million units, an increase of 16.7% year-on-year, ranking second in the industry; Changan passenger brands and Auchan brands achieved sales increased by 20% and 49% year-on-year, far outperforming the 6.5% growth rate of the passenger car market, reaching 966,000 units and 228,000 units.
Changan Ford achieved sales of 305,000 units in the whole year, an increase of 20.3% year-on-year, achieving "two consecutive increases" year-on-year, SUV models and high-end cars contributed more than 70% of sales, of which the Lincoln brand sold 89,000 vehicles that completed the landing that year, an increase of 109.1% year-on-year.
In the future, Changan Automobile plans to achieve a total sales volume of 4 million vehicles by 2025, of which 3 million are Changan's own brands, including 1.05 million new energy sales, accounting for 35%; in 2030, Changan Automobile's total sales plan is to reach 5.5 million, of which 4.5 million are Changan's own brands, including 2.7 million new energy sales, accounting for 60%, and overseas sales account for 30%.
To this end, Changan Automobile has vigorously launched seven strategic actions of brand renewal, global product acceleration, mastery of core technologies, construction of a new ecology, digital transformation, international market development, and resource guarantee to ensure the completion of the above plans, including the launch of a new digital pure electric brand Changan Deep Blue, and plans to launch more than 30 products by 2025.