Neusoft Group’s big car business is still losing money. The company hopes to have stable profits after the painful period | Interpretation of financial report

Cailian News on January 29th (Reporter Wu Xin)The automobile industry is full of smoke, and Neusoft Group (600718. SH) carrying automobile genes turned losses into profits in 2023.

This evening, Neusoft Group released a performance forecast, predicting a net profit of 72 million to 86 million yuan in 2023 (a loss of 343 million yuan in 2022).

"The overall business of the company is growing healthily." The director of the company told reporters that there will be more strategic adjustments in 2024, and there will be corresponding actions in areas where new products are released, the state encourages and the company has advantages.

According to the announcement, Neusoft Group’s operating income in 2023 continued to grow steadily year-on-year, and its gross profit margin increased compared with the previous year. During the reporting period, the overall performance of Neusoft Medical, Neusoft Xikang, Wanghai Kangxin, Neusoft Ruichi, Rongsheng Insurance and other innovative business companies constructed by the company in the sectors of "Big Health" and "Big Automobile" decreased, but the net profit of listed companies and the net profit after deducting non-recurring gains and losses were still negatively affected.

The performance forecast shows that in 2023, the company deducted non-net profit from-140 million yuan to-115 million yuan.

Cailian reporter learned from Neusoft Group’s semi-annual report in 2023 that its smart car interconnection business achieved revenue of 1.606 billion yuan in 2023 H1, exceeding 40% of the total revenue. In this field, Neusoft Group provides a series of solutions from automotive electronics, automotive software, intelligent driving to intelligent transportation.

At present, "involution" is the main tone of the domestic automobile industry, with price-for-quantity as the main way of playing, which greatly reduces the profit space of automobile enterprises and affects the upstream and downstream of the industrial chain. According to the data of China Association of Automobile Manufacturers, from January to November 2023, the profit of automobile manufacturing industry was 448.98 billion yuan, a year-on-year increase of only 2.9%.

The above-mentioned company source said, "The related business is still relatively healthy, but the competition among car companies is fierce, and there may be some (impact), and other companies will definitely have some losses in gross profit margin."

"There are many new models now, but the market is biased towards saturation, which leads to the compression of the upstream and downstream profits of the entire industrial chain. There are still some influences, and we can’t escape from this area."

Looking forward to the market outlook, with the automobile industry going through the painful period and forming a new pattern, the upstream and downstream of the automobile industry chain are expected to enter a stable period simultaneously. A person from Neusoft Group said that the big waves will leave behind high-quality enterprises. At present, new car companies have been eliminated, and Neusoft Group will also achieve "stable profits".

(Cailian reporter Wu Xin)
Reporting/feedback

What is the right tire pressure in winter?

In winter, the tire pressure adjustment of automobile tires should be based on the standard air pressure, and it should be appropriately raised by about 0.2bar to ensure driving safety.

Proper tire pressure is very important for automobile driving. Excessive tire pressure will reduce the friction and adhesion of tires, affect the braking effect, and may lead to steering wheel vibration and deviation, reducing driving comfort. At the same time, too high tire pressure will also accelerate the local wear of the central pattern of the tire and shorten the service life of the tire. In addition, too high tire pressure may also make the tire cord stretch and deform excessively, reduce the elasticity of the carcass, increase the load of the car while driving, and reduce the rolling resistance, thus increasing the risk of tire puncture.

On the other hand, too low tire pressure will also bring many problems. Too low tire pressure will increase the friction coefficient between the tire and the road surface, leading to an increase in fuel consumption. At the same time, too low tire pressure will make the steering wheel heavy and prone to deviation, which is not conducive to driving safety. In addition, too low tire pressure will also increase the amount of exercise in all parts of the tire, and excessive rolling will cause abnormal heating of the tire, reduce the functions of the cord and rubber, and cause damage such as delamination or cord breakage. In severe cases, too low tire pressure may also lead to a double increase in friction between the tire and the ground, a sharp increase in tire temperature, and a sharp decline in tire strength, which may eventually lead to a puncture.

Therefore, when adjusting the tire pressure of automobile tires in winter, the principle of standard air pressure and appropriate upward adjustment should be followed to ensure driving safety.

Two out of 20 games with the highest IGN score in 2023.

The game lineup in 2023 is the most exciting for players in the past decade. With the maturity of Unreal 5 engine since 2023, PS5 and XSX/S consoles have officially entered the golden age, and many manufacturers have launched many excellent games. The three major console manufacturers all plan to release at least one blockbuster game this year, including Microsoft’s Starry Sky, Sony’s Marvel Comics spider-man 2 and Nintendo’s the legend of zelda: Tears of the Kingdom, supplemented by third-party game lineups, including Hogwarts Legacy, Resident Evil 4: Remastered Edition, Star Wars, Street Fighter 6, Diablo 4 and Assassin’s Creed.

The first quarter of 2023 has passed, and this quarter did not live up to the expectations of players. IGN rated 20 games that scored 8 points, including two 10-point games. Let’s see what they have.

Game list:

8 step:

1. The Heart of the Atom

2. "company of heroes 3" multi-person part

3. I wish you a good death

4. Meet the Creator

5. "Resident Evil: Village VR"

6. Son of Mori

7. Wild Heart

8. Wolong: The Fall of Heaven

9.《WWE 2K23》

9 step:

1. bayonetta: Origin

2. Dead Space: Remastered Edition

3. Arms of Fire: Combination

4.《Gran Turismo 7 VR》

5.《Hi-Fi Rush》

6. The Legacy of Hogwarts

7.《MLB The Show 23》

8. Pizza Tower

9. Rhythm Theater: Final Fantasy

10 step:

Galactic warrior Prime replica edition

Resident Evil 4: Remastered Edition