Great Wall Motors recently announced its 2023 annual report, announcing the full-year financial, sales, R&D and other data.
Great Wall Motors’ 2023 financial data attached:
Revenue was 173.212 billion RMB, a year-on-year increase of 26.12%, with high growth for four consecutive years;
Total assets are 201.270 billion RMB, a year-on-year increase of 8.59%;
Net profit was 7.023 billion RMB, a year-on-year decrease of 15.06%;
Net profit after deducting non-attributed profits was 4.834 billion RMB, a year-on-year increase of 7.98%;
Overseas revenue was 53.611 billion RMB, a year-on-year increase of 100.41%.
In terms of sales, Great Wall Motors will sell 1.23 million vehicles in 2023, a year-on-year increase of 15.85%; overseas sales will be 314,000 vehicles, a year-on-year increase of 82.37%; new energy vehicle sales will be 256,400 units, a year-on-year increase of 113.88%; sales of models above 200,000 RMB will be 22.58% , accounting for 18.36%; the average bicycle income was 141,400 RMB, an increase of 12,000 RMB.
In 2023, Great Wall Motors will invest 11.034 billion RMB in R&D and employ 24,200 R&D personnel. Great Wall Motors also announced that CoffeeOS 3 and full-scene NOA without pictures will be officially released this year.
