Recently, 3600 issued an announcement on the progress of foreign investment, stating that the company currently holds 10.72% of the equity of Hozon Automobile, corresponding to a book value of 1.153 billion RMB. Based on this calculation, Neta The latest valuation of Hozon Auto is 10.756 billion RMB. Compared with the valuation of as high as 25 billion after completing the D round of financing in July 2022, the valuation of Hozon Automobile has shrunk by 10 billion RMB.
On January 1, Hozon Automobile announced its sales data for December 2022. For the whole year of 2022, the cumulative sales of Hozon Automobile will be 152,073, a year-on-year increase of 118%, of which 3,456 will be delivered overseas. Neta Motor achieved year-on-year growth for 29 consecutive months and became the first new power brand with annual sales exceeding 150,000 vehicles.
However, from the perspective of revenue performance, Hozon Auto, like most new energy car companies, is still in a state of loss. According to the performance data of Hozon Automobile disclosed in the 360 announcements, in 2020, Hozon Automobile will achieve revenue of 1.297 billion RMB and a net loss of 1.321 billion RMB; in 2021, it will achieve revenue of 5.735 billion RMB and a net loss of 2.9 billion RMB. The loss exceeded 4.2 billion RMB.
In 2021, Hozon Automobile will deliver 69,674 vehicles. Based on this calculation, the average price of each Hozon Automobile is about 80,000 RMB, but the loss per vehicle is as high as 40,000 RMB.
On January 4, Neta Motor raised prices for some of its models. According to the official website of Hozon Automobile, the adjusted price range of the Neta S model is 202,800-341,800 RMB, an increase of 3,000 RMB; the adjusted price range of the Neta U-II model is 135,800-165,800 RMB, an increase of 6,000 RMB; The adjusted price range of the Nezha V model is 83,900 to 96,900 RMB, an increase of 4,000 RMB.
Hozon Automobile was established in 2014. In April 2017, it obtained the qualification for the production of new pure electric vehicles. In 2018, it released its automobile brand Hozon Automobile. In the same year, it launched its first mass-produced car, Neta N01.
