Powerful new energy vehicle net profit increased 2017 to see the trend

BYD Performance Express data show that in 2016, BYD's total operating income was 103.975 billion yuan, an increase of 23.97 billion yuan over the previous year, an increase of 29.95%. Operating profit increased by 89.11%, from RMB 3.176 billion in the same period last year to RMB 6.006 billion. The net profit attributable to shareholders of listed companies also increased significantly, from 2.823 billion yuan at the end of 2015 to 5.044 billion yuan, an increase of 78.63%.

In the field of new energy vehicles, independent brands do have the opportunity to stand on the same starting line as imported brands, and even compete in the same price range. However, auto companies such as BYD should not be complacent because of these short-term advantages, because these advantages of independent new energy auto products are based on the high subsidies of the local governments.

Powerful new energy vehicles net profit increased 2017 to see the trend

In this way, BYD's new energy car's profit this year will not be as rich as the previous two years. In this regard, BYD is also prepared,

In terms of battery capacity, BYD's power battery capacity is mainly concentrated in lithium iron phosphate batteries, but for longer cruising range and light weight, new energy passenger vehicles are gradually transitioning to ternary lithium batteries, including BYD. Your own new car. In this way, a large number of lithium iron phosphate battery capacity can be transferred to the direction of the cloud track. If the cloud track plan is successful, BYD's 2017 financial report data may be further upgraded.

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