The first profitable new Philippines Sugar daddy app has a huge profit of 14.45 billion yuan

requestId:685ea57e38ffd1.68799104.

On March 14, Fantasy Automobile announced its fourth hour and annual financial report for 2024. The two-way revenue and delivery volume reached a new high. After becoming the first profitable new car manufacturing force in China, Sugar baby has become Sugar daddy for two consecutive years. href=”https://philippines-sugar.net/”>Sugar daddy has received 1,000 yuan in new power vehicles, ranking first in the Chinese brand automobile sales list of more than 200,000 yuan.

Its strategic goal is: by 2025, Fantasy Automobile will be structured into “1 superSugar daddy‘sSugar daddy+5 modelsSugar baby‘sSugar baby‘sSugar baby‘sSugar baby‘sSugar baby‘sSugar baby‘s<a The product layout of Sugar baby is aimed at a market of more than 200,000 yuan, and is in the new stage of extended range and pure electric power and driving, fully meeting the needs of household users.

Of course, Li Xiang was not satisfied with the temporary lead.

It is difficult to “guard the striking”

“One side is crazy, the other side is beyond.”Sugar daddy

RecentlyAt the stage, traditional independent brand Biadi, Changcheng, Jixiang and other high-end new forces have developed more and more intense attacks; mainstream joint ventures, Fengta, Honda and other tigers are eyeing each other, spending money on electric transformation; creating new car markets such as Xiaomao and Xiaomi, and constantly launching new models. Under this scenario, the challenges facing fantasy cars will be doubled. In terms of industry performance: In the fourth hour of 2024, Fantasy Automobile’s revenue was 44.3 billion yuan, an increase of 3% on the annualized rate and a year-on-year increase of 6.6%; the profit was 3.5 billion yuan, a year-on-year decrease of 38.6%, exceeding the analyst’s expectations; the automobile business profit rate was 19.7%, and the overall gross profit margin was 20.3%, lower than 21.5% in the third quarter; the R&D price rate was 5.4%, which was significantly lower than the first quarter. href=”https://philippines-sugar.net/”>Sugar daddy‘s degree, this result is due to the detailed governance and capital control strategy of Fantasy Auto during its research and development process.

In the whole year of 2024, Fantasy Automobile’s revenue was 144.5 billion yuan, an increase of 16.6% year-on-year, and the revenue for two consecutive years exceeded 1,000 billion yuan. Among them, the whole car was 138.5 billion yuan, a year-on-year increase of 15.2%, while other sales and services were 5.1 billion yuan, a year-on-year increase of 66.5%. “Hey, that’s a matter of time.” Zhengju photographed the child around him, “; the profit was 8 billion yuan, a year-on-year decrease of 31.9%. Although the business continued to grow, profits were challenged, which was in the stage of “increasing volume but not increasing revenue”; gross profit margin fell by nearly 2 percentage points to 20.5%, and it will be 22.2% in 2023; the R&D price reached 11.1 billion yuan, a year-on-year increase of 4.6%, and Escort manila has invested more than one billion yuan in R&D for two years; cash reserves reach 106.5 billion yuan, providing support for R&D and production capacity expansion.

<img src="https://img01.mybjx.net/news/WechatImage/202503/17421974718763834.png"According to the performance of fantasy car, the decline in gross profit margin in 2024 is due to the fact that the lower gross profit model of the car is based on the overall sales structure of the Escort. Fantasy L6 has been released in April 2024. As of the end of February 2025, the cumulative delivery has exceeded 20,000 in less than a year. In addition, the domestic car market price war is fierce in 2024, Fantasy Auto adjusted its price to strengthen its competitiveness, and the decline in sales prices affected gross profit. From this point of view, it is not only a fantasy, but other car companies must also be greatly affected.

Me?” “I get off work at 6 o’clock” It is worth noting that in the sales and sales prices of Fantasy Automobile, a revenue of more than 600 million yuan was Li Xiang’s futures incentive. Previously, Fantasy CFO Li Zhi revealed that Fantasy Automobile’s annual sales volume was expected to reach 50 millionSugar daddy million, and the board of directors set the term incentive conditions – that is, the intention is to have a 12-month exchange rate: love for a lifetime of 500,000 yuan, the company’s chairman Li Xiangke exercised the first batch of periodic rights and finally issued the terminus.

Now, Fantasy Automobile is standing at the forefront of the transformation of the new power car industry, facing unprecedented opportunities and challenges. After the financial report was released, Fantasy Auto’s stock price fell at a certain level, closing at $27.46 with a market value of about $29.135 billion. Despite the fluctuation in stock prices, Fantasy Automobile is still regarded as the “leader” in the new power car industry.

Multi-line “out”

Li Xiang’s three major events this year: pure electricity, AI, and globalization.

Sales:

In the whole year of 2024, the sales volume of Fantasy Automobile was 500,500,000, a year-on-year increase of 33.10%, and then Sugar daddy won the annual sales champion. Among them, the delivery volume in December 2024 was 58,500, a year-on-year increase of 16.21%, and an annual increase of 20.1%, setting a record high for the next month’s delivery volume.

In February 2025, Fantasy Auto delivered 26,300 new cars, an increase of 29.7% year-on-year, but fell by more than 12% year-on-year; from January to February 2025, the cumulative sales of Fantasy Auto were 56,200, a 9.29% increase compared with Sugar baby; as of February 28, 2025, the cumulative delivery of Fantasy Auto’s history was 1.190,100.

As a comparison, the sales volume of Xiaomao, which is also a new car manufacturing force, reached 60,800 in the first two months of this year, a year-on-year increase of 375.2%; Zero-Pony Automobile also achieved 50,500 in the sales volume, a year-on-year increase of 167.8%. The growth rate of these three companies is differentSugar baby special.

Analysts believe Sugar baby, Fantasy Automobile Products have been balanced, relying too much on the extended-range technology route. As many car companies have scrambled to release extended-range car models and have hit the mid-to-high-end market, the subsequent growth has been weak, and the front of Fantasy Automobile has been under pressure from the “Blue Sea” to the “Red Sea”. Looking to 2025, Fantasy Automobile will “multi-line strike” with three generous aspects of pure electric, AI and globalization, and will deliver Sugardaddy and new product releases have clear plans. The company expects delivery volume in the first quarter to reach 88,000 to 93,000, a year-on-year increase of 9.5% to 15.7%.

On pure electric power, Fantasy Automobile will officially enter the military pure electric market, planning to release its first pure electric SUV, Fantasy i8, in July, and I will release the pure electric vehicle fantasy i6 in half a year. This measure not only marks the expansion of fantasy cars on the product line, but also reflects its strategic transformation in the new power car industry.