Recently, many domestic auto companies have disclosed their performance forecasts. Since China's auto production and sales volume reached 28.19 million and 28.528 million units last year, up 14.5% and 13.7% year-on-year, the performance of most auto companies has increased significantly. Among them, Geely Automobile's net profit is expected to grow by more than 100%, Guangzhou Automobile Group's (601238, stocks) net profit growth is expected to reach 55%, Great Wall Motor (601633, stocks) profits of more than 10 billion yuan. According to the reporter's rough statistics, among the eight car companies that have released their performance growth, the total profit last year was about 70 billion yuan. SAIC is still the King of Gold, with a profit of 32 billion Judging from the 11 car companies that have announced the results, Great Wall Motor, Guangzhou Automobile Group, Geely Automobile, SAIC Group (600104, shares), Jiangling Motors (000550, shares), Changan Automobile (000625, shares), BYD, FAW Xiali Eight of them are all rising profits, and the total profit is expected to reach 70 billion yuan. Among them, Guangzhou Automobile Group expects that the net profit attributable to shareholders of listed companies will increase by 30%-55%. According to the profit of 4.23 billion yuan last year, Guangzhou Automobile Group's 2016 profit is expected to reach 6.2 billion yuan. The analysis pointed out that this was mainly due to the significant increase in the sales volume of the self-owned brand GAC passenger car star models, and the annual sales volume increased by 90.66% year-on-year. In addition, the joint venture company GAC Fick launched the Jeep brand SUV model, and the annual sales volume increased by 270.84%. The main joint ventures Guangqi Honda and Guangzhou Automobile Toyota continued to maintain steady growth, with sales increasing by 10.12% and 4.64% respectively. After the sales of Great Wall Motor exceeded 1 million units, with the excellent performance of the Haval brand, the increase in vehicle sales and the sales of SUVs with higher selling prices increased. Last year, the net profit attributable to shareholders of the company was 10.547 billion. Yuan also broke through the 10 billion level, an increase of 30.87%. However, among the many listed car companies, the leading car company SAIC Group still has the most money, and SAIC Group's net profit accounted for nearly half of the car companies that have released performance forecasts. According to the announcement of SAIC Group, it is expected that the net profit attributable to shareholders of listed companies in 2016 will increase by about 7.5% compared with the same period of the previous year. Last year, the net profit attributable to shareholders of listed companies was 29.793 billion yuan, which is about 32 billion yuan this year. Defrauding some of the car companies to lose a large loss The data showed that the production and sales of automobiles last year were 28.119 million and 28.528 million, respectively, up 14.5% and 13.7% from the same period of the previous year, up from 11.2 and 9.0 percentage points in the same period of last year. However, the market strength is not all car companies can benefit, some car companies due to weak product competitiveness and other reasons, profits have also fallen sharply or entered the loss stage. It is reported that FAW Car (000800, stock bar) has the most serious loss. It is estimated that the net profit attributable to shareholders of listed companies in 2016 will be 940 million to 9.7 billion yuan. Among them, the fourth quarter loss was 230 million to 260 million yuan. FAW Car pointed out that last year, faced with unprecedented pressure from the market environment and its own development, the company achieved a total vehicle sales of 193,500 units, a year-on-year decrease of 17.97%, resulting in a decrease in revenue and related profit indicators compared with the previous year. Adjust the product structure, smoothly realize the alternation of new and old products, and consolidate the quality of operation, laying the foundation for future development. Jinlong Automobile (600686, shares it) was punished by the Ministry of Finance and the Ministry of Industry and Information Technology for its new energy vehicle fraud, and the loss amount reached 250 million yuan. The company pointed out that due to the punishment of the Ministry of Finance and the Ministry of Industry and Information Technology, Suzhou Jinlong reduced the sales revenue or made provision for bad debts for the central financial subsidies and local financial subsidies of new energy vehicles that could not be recovered or expected to be recoverable, and paid a fine; Suzhou Since September 2016, Jinlong Company has been unable to undertake orders for new energy vehicles for the time being, resulting in a significant decline in sales revenue of new energy vehicles in the fourth quarter of 2016. In addition, Jinbei Automobile (600609, stock bar) also lost a loss of 220 million yuan last year, mainly because the vehicle sales fell sharply year-on-year, resulting in a large loss of the company's vehicle business. Coupled with the serious depreciation of the Russian ruble exchange rate and the impact of the Russian government's levy of automobile scrap tax, the subordinate Russian subsidiary's operation suffered losses, and the company plans to make a large amount of asset impairment provision in the current period. Straight Bevel Gear,Vertical Mill Bevel Gear,Customizable Vertical Mill Bevel Gear,Vertical Mill Spiral Bevel Gear Jiangsu Juli Gear Co., Ltd. , https://www.spiral-bevelgear.com