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haima automobile's revenue in the first half of 2024 was "halved": losses expanded to 152 million yuan, and less than 5,000 units were sold in half a year

2024-08-29

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it home reported on august 29 that haima automobile co., ltd. released its 2024 semi-annual report on august 27, showing that the company's operating income was about 596 million yuan, a year-on-year decrease of 64.55%. the loss was about 152 million yuan, which was further expanded from the loss of 63.64 million yuan in the same period of 2023. the net cash flow generated by operating activities was 19 million yuan, a year-on-year decrease of 83.83%.

from january to june this year, haima automobile's cumulative sales volume was 4,589 units, a year-on-year decrease of 73.27%. haima automobile stated in its financial report that the decrease in operating income and net cash flow was due to the phased decrease in export sales during the reporting period.

it home noted that overseas sales are still the main source of revenue for haima automobile. in the first half of 2024, haima automobile's overseas revenue was about 460 million yuan, accounting for 77.14% of the total revenue; in the first half of 2023, haima automobile's overseas revenue was about 1.452 billion yuan, accounting for 86.33% of the total revenue.

in the first half of 2024, haima automobile's overseas sales gross profit margin was 12.55%, a year-on-year increase of 3.04%. however, the overall export sales volume decreased, resulting in a year-on-year decrease of 68.33% in overseas sales revenue.