汽车行业2026年中报总结_出口驱动盈利增长_高端化_产品力加速内销分化_10页_2mb.pptxVIP

2026/9/11

??净利润：还原汇兑影响Q2整体净利润同比小幅下滑，车企间分化明显。?2??

???资料来源：ifind，公司公告、国金证券研究所注：比亚迪所有财务指标均剔除了比亚迪电子，下同车企26Q226H1营收YOYQOQ销量YOYQOQASPYOYQOQ营收YOY销量YOYASPYOY比亚迪1,505-4%34%111-3%58%13.6-0.1-2.42626-10%181-16%14.51.0长城汽车5709%26%311%17%18.11.41.3102111%582%17.51.3长安汽车329-15%1%56-14%1%5.9-0.10.0656-10%112-17%5.90.5上汽集团1,5820%16%107-3%10%14.80.40.729500%2050%14.40.1赛力斯317-27%23%11-17%22%29.4-3.90.2575-8%20-1%29.2-2.2广汽集团26316%32%392%3%6.70.81.54619%772%6.00.4江淮汽车10712%-6%9-3%5%12.11.6-1.422114%17-10%12.82.7北汽蓝谷7531%83%777%140%10.7-3.8-3.411622%1047%11.7-2.4吉利汽车89814%7%711%1%12.61.40.8173615%1421%12.21.5奇瑞汽