Why is there such a big loss? In this regard, Evergrande Health said that this was mainly due to the expansion of new energy automobile business, which was in the investment stage, and the related expenses and interest expenses of purchasing fixed assets and equipment, research and development increased. Evergrande Health is expected to record a net loss of about 2 billion yuan and 3.2 billion yuan respectively in 20 19, and the health management business is expected to record a net profit of about 300 million yuan in the same period.
According to the data previously released by Evergrande Group, up to now, Evergrande Group has invested more than 300 billion yuan in car-making business, and its own brand new energy vehicle Hengchi was officially unveiled at last year's AFC Champions League. In addition, Evergrande Group has invested and built factories in Zhengzhou, Nansha, Tianjin, Shenyang and other places, and the project involves building a complete industrial chain in the upper, middle and lower reaches of automobiles.
Xu Jiayin, Chairman of Evergrande Group, has publicly stated that he will develop 15 new models simultaneously, covering top-class, ultra-luxury, luxury, exclusive, comfortable and classic, as well as the full range of cars, SUVs and MPVs, so as to achieve full coverage of the product line.
The dream of Evergrande Group seems great, but it may underestimate the capital investment and technical difficulty of building a car. It may not be a big problem for Xu Jiayin to lose 4.9 billion yuan a year. After all, Evergrande can earn income by buying land at low prices. But in the long run, even if Xu Jiayin really wants to build cars, it is still a question mark whether Hengchi brand new energy vehicles can be listed as soon as possible and recognized by consumers.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.