SAIC Motor announced its 2023 annual report. In 2023, the Group achieved a total operating income of RMB744.7 billion, a year-on-year increase of 0.09%, a net profit attributable to shareholders of listed companies of RMB14.1 billion, a year-on-year decrease of 12.48%, and a non-net profit of RMB10.04 billion, a year-on-year increase of 11.7%. SAIC Motor sold 5.021 million vehicles for the year, of which 2.775 million were self-owned brands, accounting for more than 55% of the company's sales, 1.123 million new energy vehicles, and 1.208 million were sold in overseas markets.
BYD released its 2023 annual report. The annual operating income was 602.315 billion yuan, an increase of 42.04% over last year, and the net profit attributable to shareholders of listed companies reached 30.041 billion yuan, an increase of 80.72% over the previous year. Among them, the revenue in the fourth quarter was 180.04 billion yuan. Among them, the annual revenue of automobiles, automobile-related products and other products was 483.453 billion yuan, a year-on-year increase of 48.90%, and the annual revenue of mobile phone parts, assembly and other products was 118.577 billion yuan, a year-on-year increase of 20.00%.
BAIC Motor announced its 2023 results. The annual revenue was RMB197.949 billion, a year-on-year increase of 3.93%. Profit attributable to equity holders of the Company was RMB3.03 billion. Vehicle sales for the year were 1.042 million units, up 7.3% year-on-year. NEV sales totaled 102,000 units, reflecting a 46.6% y/y increase. Revenue related to fuel vehicles increased by 0.1% year-on-year to RMB182.697 billion, and revenue related to new energy vehicles increased by 91.5% year-on-year to RMB15.252 billion.
Geely Automobile announced its 2023 financial results. The company's operating income reached 179.2 billion yuan, a year-on-year increase of 21%, a record high, and the net profit attributable to the parent company reached 5.308 billion yuan, compared with 3.511 billion yuan in 2022, compared with the net profit attributable to the parent company after excluding the one-time bargaining acquisition gain, a year-on-year increase of 51%. In 2023, Geely Automobile will sell a total of 1.687 million vehicles, including 487,000 new energy vehicles, and export a total of 274,000 vehicles, a year-on-year increase of more than 38%, and the export volume will reach a new high.
Great Wall Motor released its 2023 performance report. In 2023, the total operating income will be 173.410 billion yuan, a year-on-year increase of 26.26%, and the net profit attributable to the parent company will be 7.008 billion yuan, a year-on-year decrease of 15.22%.
Changan Automobile released its 2023 annual report. In 2023, Changan Automobile's operating income will be 151.297 billion yuan, a year-on-year increase of 24.78%, and the net profit attributable to shareholders of listed companies will be 11.328 billion yuan, a year-on-year increase of 45.25%. The net cash flow from operating activities was 19.862 billion yuan, a year-on-year increase of 250.52%. Annual sales reached 2.553 million units, up 8.8% year-on-year. Sales of own-brand new energy vehicles were 474,000 units, a significant increase of 74.8% year-on-year. Exports totaled 358,000 units, reflecting a 43.9% y/y increase.
GAC Group announced its 2023 financial results. In 2023, GAC will achieve a total revenue of about 502.3 billion yuan and a total consolidated operating income of about 129.7 billion yuan, a year-on-year increase of 17.62%. net profit attributable to shareholders of listed companies was 4.429 billion yuan, down 45.08% year-on-year. In 2023, GAC Group's automobile production and sales will exceed 2.5 million units. GAC Group's own brand production and sales reached a record high, with sales exceeding 890,000 units, accounting for 35.4% of the group's total sales.
Li Auto announced its financial results for the fourth quarter and full year of 2023. Total revenue in the fourth quarter was 41.73 billion yuan, a year-on-year increase of 136.4%. net profit was 5.75 billion yuan, a year-on-year increase of 2068.2%. Non-GAAP net profit was 4.59 billion yuan, a year-on-year increase of 374.2%. In 2023, Li Auto's total revenue will be 123.85 billion yuan, a year-on-year increase of 173.5%. The net profit was 11.81 billion yuan, and the net loss in 2022 was 2.03 billion yuan. Non-GAAP, net profit for the year was 12.20 billion yuan. The total number of vehicles delivered in the fourth quarter was 131805, and the total number of vehicles delivered in 2023 was 376,030 units.
Dongfeng Motor Group's 2023 financial report. The group's revenue in 2023 will be 99.315 billion yuan, a year-on-year increase of 7.2%. The loss attributable to shareholders was about 3.996 billion yuan, compared with a profit attributable to shareholders of 10.265 billion yuan in the same period last year. The sales volume in this period was 2,088,200 units, a year-on-year decrease of 15.3%. Among them, Dongfeng Group's independent passenger car business sold 347,400 units, a year-on-year decrease of 30.2%. The sales volume of the joint venture business in this period was 1,397,400 units, a year-on-year decrease of 156%.
China National Heavy Duty Truck (Hong Kong) Co., Ltd. announced its 2023 annual results. Group revenue for the full year was RMB85.498 billion, representing a year-on-year increase of 43.9%. Profit attributable to equity shareholders was RMB5.318 billion, an increase of 217.9% year-on-year. In 2023, China National Heavy Duty Truck Group Jinan Truck Co., Ltd. will achieve operating income of 42.07 billion yuan, a year-on-year increase of 45.96%, and net profit attributable to shareholders of listed companies of 1.08 billion yuan, a year-on-year increase of 405.52%.
FAW Jiefang released its 2023 annual report. In 2023, the company achieved operating income of 63.905 billion yuan, a year-on-year increase of 66.71%. The net profit attributable to the parent company was 763 million yuan, a year-on-year increase of 107.66%. The annual sales of vehicles were 241,700, a year-on-year increase of 42.11%, of which the sales of medium and heavy trucks were 205,200, a year-on-year increase of 46.14%.
Foton Motor released its 2023 annual report. In 2023, the operating income will be 56.097 billion yuan, a year-on-year increase of 20.78%, and the net profit attributable to shareholders of listed companies will be 909 million yuan, a year-on-year increase of 1262.27%.
NIO released its financial results for the fourth quarter and full year of 2023. Total revenue in the fourth quarter was 17,103.2 million yuan, down 6.5% year-on-year and 10.3% quarter-on-quarter. The quarterly net loss was 5,367.7 million yuan. Non-GAAP adjusted net loss was $4,801.7 million. The total revenue in 2023 will be 55,617.9 million yuan, an increase of 12.9% compared with 2022. The net loss was 20,719.8 million yuan, and the adjusted net loss was 18,350.7 million yuan according to US generally accepted accounting principles.
JAC Motors discloses its 2023 results. The total operating income for the year was 45.016 billion yuan, a year-on-year increase of 23.07%, and the net profit attributable to shareholders of the listed company was 152 million yuan, turning losses into profits.
Cialis announced its 2023 results. The annual revenue was 35.842 billion yuan, a year-on-year increase of 5.09%, mainly due to the increase in the sales of new energy vehicles with higher single prices, of which the revenue of new energy vehicles reached 28.948 billion yuan, a year-on-year increase of 16.10%. The net loss was 2.45 billion yuan, a year-on-year decrease.
Jiangling Motors released its 2023 annual report. In 2023, Jiangling Motors achieved operating income of 33.167 billion yuan, a year-on-year increase of 10.19%, net profit attributable to shareholders of listed companies of 1.476 billion yuan, a year-on-year increase of 61.26%, and net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 995 million yuan, turning losses into profits year-on-year.
Xpeng Motors announced its fourth-quarter and full-year 2023 results. Total revenue for the fourth quarter was RMB13.05 billion, compared to RMB5.14 billion in the year-ago quarter. Among them, the sales volume of automobile business was 12.23 billion yuan. The net loss attributable to shareholders of the company in the quarter was 1.35 billion yuan, compared with a net loss of 2.36 billion yuan in the same period last year. Total revenue for the year was RMB30.7 billion (US$4.32 billion), compared to RMB26.9 billion in the previous year. Among them, the sales of automobile business were 28 billion yuan. The net loss attributable to shareholders of the company for the year was 10.4 billion yuan, compared with a net loss of 9.14 billion yuan in the same period last year.
Yutong Bus released its 2023 annual report. In 2023, the operating income will be 27.042 billion yuan, a year-on-year increase of 24.05%, and the net profit attributable to the parent company will be 1.817 billion yuan, a year-on-year increase of 139.36%. A total of 36,518 buses were sold throughout the year, an increase of 20.93% year-on-year.
King Long Motor released its 2023 annual performance report. The company's operating income was 19.400 billion yuan, a year-on-year increase of 6.36%, and the net profit attributable to shareholders of listed companies was 75.0968 million yuan, a year-on-year turnaround.
Leapmotor released its 2023 financial report. The annual revenue was 16.75 billion yuan, a year-on-year increase of 35.2%, and the net loss was 4.216 billion yuan, narrowing from the net loss of 5.109 billion yuan in 2022. Leapmotor will deliver 144155 million vehicles in 2023, a year-on-year increase of nearly 30%.
BAIC Blue Valley released its 2023 annual report. In 2023, it will achieve an operating income of 14.319 billion yuan, a year-on-year increase of 50.50%, and a net loss of 5.4 billion yuan, compared with a net loss of 5.465 billion yuan in the same period last year. The revenue of new energy vehicles reached 10.333 billion yuan, a year-on-year increase of 71.27%.
Wuling Motors announced its 2023 results. The Group's total revenue for the year was RMB10.48 billion, down 16.8% year-on-year, and profit attributable to owners of the Company was RMB23.477 million, up 3.8% year-on-year.