Jinbei Automobile’s net profit in the first three quarters of 2022 was 133 million, a year-on-year decrease of 44.02%

Wabei.com On October 28, Jinbei Automobile (600609) released its report for the third quarter of 2022. The announcement showed that the operating income in the first three quarters of 2022 was 4,167,361,292.45 yuan, an increase of 4.55% over the same period last year; net profit attributable to shareholders of listed companies It was 132,764,384.11 yuan, down 44.02% from the same period last year.

During the reporting period, the net cash flow from operating activities was -245,359,510.30 yuan, and the total assets were 4,770,796,348.60 yuan.

During the reporting period, the company’s operating income in the first three quarters of 2022 was 4,167,361,292.45 yuan, an increase of 4.55% over the same period of the previous year; the main reason was the year-on-year increase in sales of new products of the company’s parts and components enterprises during the reporting period. The net profit attributable to shareholders of the listed company was 132,764,384.11 yuan, down 44.02% from the same period last year, mainly because 100% of the net profit of the subsidiary Jinbei Lear in the second quarter of the previous year was attributable to the parent company, which made the increase in net profit attributable to the parent company higher than that of the parent company. However, 51% of the net profit of Jinbei Lear in the current period is attributable to the parent company.

According to data from Wabei.com, Jinbei Automobile’s main business is the design, production and sales of auto parts. Its main products include automotive interior parts, seats, and rubber parts. Major customers include BMW Brilliance, Changan Automobile, Jianghuai Automobile and many other vehicle manufacturers.