新福特纯电SUV

Search documents
江铃汽车(000550):24年扣非同比+36% 拟开展首次股权激励彰显信心
Xin Lang Cai Jing· 2025-04-14 08:30
Core Viewpoint - The company reported a solid performance in 2024, with revenue, net profit attributable to shareholders, and net profit excluding non-recurring items reaching 38.374 billion yuan, 1.537 billion yuan, and 1.356 billion yuan respectively, representing year-on-year growth of 15.70%, 4.17%, and 36.28% [2][3][4] Revenue and Profitability - The revenue growth was driven by the launch of new vehicles, recovery in light commercial vehicles, and increased exports, leading to a simultaneous rise in sales volume and price [3][4] - The company achieved a total vehicle sales volume of 341,000 units in 2024, a year-on-year increase of 10.1%, with light commercial vehicles, light trucks, pickups, and SUVs selling 87,000, 62,000, 73,000, and 119,000 units respectively [4] - The average revenue per vehicle was approximately 112,000 yuan, reflecting a year-on-year increase of 5.1% [4] - The company's gross margin and net margin for 2024 were 14.13% and 3.14%, showing slight declines of 0.25 percentage points and 0.07 percentage points respectively [5] Future Outlook - The company aims to achieve a sales target of 390,000 vehicles in 2025, representing over 14% growth compared to 2024, with a revenue target exceeding 40 billion yuan [5] - The company plans to enhance its competitiveness in the passenger and commercial vehicle sectors through the introduction of new electric vehicle models and continued expansion in non-American export markets [5][6] - The company announced a share buyback plan of 150-200 million yuan to implement its first-ever employee stock ownership plan, reflecting confidence in long-term development [6] Market Position - The company maintained strong market shares in light commercial vehicles, pickups, and light trucks, ranking 1st, 2nd, and 6th respectively [4] - The export market showed resilience with double-digit growth, supported by Ford's distribution channels, and the company is expanding its product offerings in Southeast Asia, the Middle East, and Latin America [5][6]