Recently, Nezha Automobile's parent company (Hezhong New Energy) submitted a prospectus on the Hong Kong Stock Exchange to compare sales, revenue, employee efficiency and remuneration with the new forces.
1. Sales volume
In 2023, Nezha Automobile will deliver a total of 124,000 vehicles.
Compared with the four new forces that make cars, Nezha's delivery volume is a little higher than that of Zeekr.
However, in 2024, Nezha's delivery situation is not very optimistic.
As of May, Nezha had delivered a total of 43,600 vehicles, less than 20% of the annual target sales.
2. Revenue
Take a look at the operating income.
In 2022, Nezha Automobile's revenue will be 13 billion and a loss of 5.9 billion, and in 2023, it will be 13.5 billion and a loss of 6.7 billion.
Nezha Automobile can be compared with Leapmotor, and the gap between the two is not too much.
In 2022, Leapmotor's revenue will be 12.38 billion yuan, with a loss of 5.2 billion, and in 2023, it will be 16.7 billion yuan, with a loss of 4.4 billion.
Summing up the income of several new forces, Zero Run ranks fourth, and Nezha is now ranked fifth.
3. Employee situation
In 2023, Nezha Automobile will have 7,932 employees.
Compared with Leapmotor, Nezha Automobile has fewer employees.
Leapmotor has 8,336 employees in 2022 and 9,314 in 2023.
4. Employee salary
Let's take a look at the employee salary of Nezha Automobile first.
In 2023, the total cost of Nezha's employees will be 2.484 billion, and the per capita cost will be 313,000.
After deducting social security, provident fund and other expenses, only looking at the salary of employees, the average salary per capita is 238,000.
Let's take a look at the employee compensation of Leapmotor.
In 2022, the total cost of employees will be 2.335 billion, and the average salary cost per person will be 280,000.
In 2023, the total cost of employees will be 3.478 billion, and the per capita salary cost will be 373,000, a gratifying increase.
To illustrate, the "per capita salary" of Leapmotor does not deduct the costs of social security and provident fund.
5. Employee efficiency
Finally, let's look at human efficacy.
We have two points of view regarding human efficacy:
1. Every employee has value creation for the company. Whether it is a new rookie employee or an old employee who has been accompanying the company for N years.
The essence of the two-person effect is to help the company find a more efficient way of doing business, the core purpose is to keep the company more competitive in the market, and in turn to ensure better returns for employees.
In 2023, the per capita revenue of Nezha Automobile's employees will be 1.7 million, which is slightly higher than that of NIO and a little lower than that of Leapmotor.
：