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CIMC Vehicle 2022 Annual Report Released: Net Profit Increased by 24%, Overseas Market Revenue Rose by 70%, Blowing the Horn of the Third Venture

March 27, 2023

On the evening of March 27,As the world's leading high-end manufacturer of semi-trailers and special Vehicles、The Pioneer of High Quality Development of China's Road Transport Equipment、Explorers and innovators in the field of new energy special Vehicles in China,CIMC Vehicles(301039.SZ/01839.HK)The annual report for 2022 was published.。

Annual report data show,CIMC Vehicle achieves revenue of 236 in 2022.2.1 billion yuan(Unit:RMB,Same as below),Gross profit margin increased by 2% year-on-year.26 percentage points,Net profit attributable to shareholders of the parent company 11.1.8 billion yuan,Up 24% year on year.11%;Net profit attributable to shareholders of the listed company after deduction of non-recurring profit and loss9.1.6 billion yuan,Year-on-year growth of 43.99%;Total assets and net assets reached 222..1.7 billion yuan and 133.6 billion yuan,Year-on-year growth of 2.00%And 7.86%;Operating net cash flow rose sharply to 11..5.4 billion yuan;Earnings per share amounted to 0..55 yuan。The company sells a total of 15 vehicles worldwide..190,000,Revenue from overseas markets surged by 69.65%。

At the same time,CIMC also disclosed the profit distribution plan for 2022.,The company intends to distribute a cash dividend of 3 per 10 shares to all shareholders..0 yuan(Tax included)。

To be specific,Lighthouse Pioneer Business Holds the Basic Plate,Outperform the market,To achieve sustained profitability of domestic semi-trailers;North American Business Seizes Market Opportunities、Overcoming Shipping and Supply Chain Shortages,Substantial increase in revenue 122.28%,A record high;Successful business transformation in Europe,Achieve quality growth in income;Qiangguan Business Group Accelerates Integration of Products and Production Capacity,Boosting the Development of the National Unified Market for Tank Cars;Terabyte Business Group-The muck Truck business actively deepens the joint development strategy with the main engine factory.,Seize the trend of new energy;Terabyte Business Group-Urban distribution box business to enhance capacity layout,JiangmenLTPProduction center put into operation,Vigorously develop new energy products。

In the country“Double Carbon”Strategic objectives and vehicles“The new four modernizations”Driven by the tide,The process of new energy for commercial vehicles in China is accelerating.。CIMC vehicles follow the trend,Increase exploration and innovation in the field of new energy,Create a new engine for performance growth。
Look to the future,China's economy has entered a new stage of development.,CIMC vehicles plan according to the situation,Sound the clarion call for the third venture;Adopt new development concept,Continuous construction“Lighthouse Manufacturing Network”,Innovation-driven Connotative Growth;Construct a new development pattern,Broaden the scope of business,Accelerate the exploration of new energy innovation;Break supply constraints and blockages,Promoting high-quality development。

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