As we all know, car building is an investment and entrepreneurship that burns money, and the risks are also extremely high. The investment may not be rewarded, and it may even lead to losses.
On the evening of June 26, 360 Company announced that it would transfer 3.532% of its equity in Nezha Auto with a consideration of 0 yuan. 4266% equity.
On the morning of June 27, Nezha Auto also announced the transfer of equity from 360. Nezha said that the fund of part of the equity transferred by 360 will help improve the corporate governance structure and improve the control of the management team. Nezha will quickly start the company’s shareholding restructuring.
As soon as the news came out, it immediately attracted public opinion.
Nezha Motors has been competing since this year, and the development momentum is very good.salesIt is also a continuous increase. In the first five months of this year, the cumulative sales of Nezha vehicles was 49,974, an increase of 213% year-on-year. In May, the delivery volume of Nezha cars reached 11,009 units, a year-on-year increase of 144.2%, and it was squeezed into the first camp of the new car-making forces.
Since it is said that building a car is a very expensive business, Nezha is no exception. According to statistics, as of February this year, Nezha Auto has conducted 9 rounds of financing, and the disclosed financing amount has reached more than 14 billion. Although it is said that car manufacturing burns money, the development prospects are also very good. There have already been Internet companies entering the car manufacturing industry, such as Baidu and Ali.
As one of the Internet giants, 360 is no exception. In May last year, 360 invested 900 million yuan in Nezha Auto, and then in October last year, 360 invested 1 billion yuan in Nezha Auto. According to relevant sources, 360 originally planned to invest 2.9 billion yuan in Nezha Auto, and the 3.532% stake transferred corresponds to the remaining 1 billion yuan of investment.
Although the prospect of car building is good, not all companies are so lucky and powerful. Some car companies have burned billions and tens of billions, but there is still no improvement in their careers. This is the most distressing. Among the car manufacturers, Nezha cars are still very competitive, at least it seems to be improving, so why did 360 give up investment again? This should have to say about the loss of the car.
Although the development trend of Nezha cars is good and the sales volume is increasing day by day, the losses are also expanding. By the end of 2021, Nezha Auto’s operating income was 5.735 billion yuan, and its net profit was -2.9 billion yuan. In 2020 and 2021, the total loss of Nezha Auto in the two years exceeded 4.2 billion yuan. By the end of 2021, Nezha Auto had a total liabilities of 8.328 billion yuan, total assets of 13.69 billion yuan, and net assets of 5.362 billion yuan. If Nezha Auto wants to continue to build cars and develop smoothly, it has to continue to raise funds.
It is worth mentioning that Nezha Auto is still the only brand among the current mainstream car-making new forces that has not yet disclosed its listing news. The car also submitted a prospectus to the Hong Kong Stock Exchange this year, and will only need more investment in the future, and Nezha’s models for sale are not high-end, and there is a possibility that it will rise in the future, and more funds will be required. Join, and that’s probably one of the reasons why the 360 falters.
Original title: ? Lost 4.2 billion yuan in two years, 360 transferred part of the equity of Nezha Auto
