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Summary of Q3 2024 Financial Reports

China wheel hub and bearing  
Jike releases its financial report for the third quarteof 2024. The total revenue of the company for thisquarter was 18.36 billion yuan, a year-on-yeaincrease of 31%; Vehicle revenue exceeded 14.4 billionyuan,a year-on-year increase of 42%.Jike's net lossin the third quarter was 1.139 billion yuan, ayear-on-year decrease of 21.7% and a month onmonth decrease of 37%. in the first three quarters, thecompany's total revenue increased by over 50%yen-year to 53.1 billion yuan,surpassing thean performance level of 2023.
Foton Motor has released its third quarter report for2024.The company achieved a revenue of 35.762 bon yuan in the first three quarters, year-on-yeaderee of 16.7%; The net profit attributable to theparent company was 432 million yuan, a year-on-yealdecrease of 45.2%.Among them, the company'srevenue in the third quarter was 11.793 billion yuan,a year-on-year decrease of 16.3%; The net profitattributable to the parent company was 18.01 millionyu cyear-on-year decrease of 90.2%%.
Jianghuai Automobile releases its third quarterreport for 2024. n the first three quarters, theoperating revenue reached 32.206 billion yuana year-on-year decrease of 5.06%; The netprofit attributable to shareholders of the listedcompany was 625 million yuan, a year-on-yeaincrease of 239.86%.Among them, the thirdquarter achieved a revenue of 10.908 billionyuan,a year-on-year decrease of 5.57%:Thenet profit attributable to shareholders of thelisted company was 324 million yuan, ayea-on-yearincrease of 1028.38%.
Xiaopeng Motors releases Its financial report for thefrontthird quarter of 2024. The total quarterly revenue was10.1 billion yuan, a year-on-year increase of 18.4%and a month on month increase of 24.5%.Amongte, atomobile sales revenue was 8.8 billion yuan, ayear-on-year increase of 12.1% and a month onmonth increase of 29%. The quarterly net loss was1.81 billion yuan, compared to a net loss of 3.89billion yuan in the same period last year and a net lossof 1.28 billion yuan in the previous quarter. Accordingto the US Generally Accepted Accounting Principles,the adiusted net loss was 1.53 billion yuan, comparedto a net loss of 2.79 billion yuan in the same periodlast year and a net loss of 1.22 billion yuan in theprevious quarter.In the third quarter,Xiaopeng Motorsdelivered 46533 vehicles, an increase of 16.3%compared to 40008 vehicles in the same period of2023.
Author:Jack
Position:General manager
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Post time: 12-12-2025
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