金鴻順(603922.SH)：上半年淨虧損1874.12萬元
格隆匯 8 月 27日丨金鴻順(603922.SH)公佈2020年半年報，公司2020年1-6月實現營業收入1.76億元，比上年同期下降49.63%，歸屬於上市公司股東的淨利潤-1874.12萬元，同比下降39.96%。2020年1-6月公司業績出現虧損的主要原因如下：
(一)、下游整車市場景氣度下降導致營業收入下滑
1、2020年1-6月，汽車產銷分別為1011.2萬輛和1025.7萬輛，同比下降16.8%和16.9%，其中乘用車產銷分別為775.4萬輛和787.3萬輛，同比下降22.5%和22.4%。2、公司營業收入波動的原因一方面與整車市場的景氣度相關，同時，與主要客户生產或配套車型的市場銷量存在一定的聯動關係；宏觀經濟下行壓力猶存，受新型冠狀病毒肺炎疫情影響，國內整體經濟的恢復增長還需要一個過程；汽車產業轉型升級尚未結束，國六排放標準實施加快汽車產業格局的調整，汽車市場不確定因素仍存。汽車市場競爭愈加激烈，公司主要客户產銷量不及預期，受此影響，2020年1-6月公司主營業務收入16,656.50萬元，同比下降50.07%。3、整車市場景氣度下降，整車企業競爭帶來的降價壓力進一步向配套零部件企業傳遞。銷售價格年降進一步導致公司營業收入下降。
(二)、收入基數下滑，導致費用比重上升，規模效應難以體現。
(三)、2020年1-6月公司減值損失(信用、資產減值損失)374.06萬元，較2019年同期減少了985.23萬元。
(四)、參股公司經營業績受主要配套車型市場銷量下降、成本上升影響，經營業績不如預期，導致公司2020年1-6月對參股公司的投資收益虧損329.49萬元。
1、長豐內裝飾，公司持股40.75%，主營業務為汽車地毯、頂棚等汽車內飾件生產、銷售。2020年1-6月實現營業收入863.59萬元，較上年同期下降了74.89%。長豐內裝飾主要客户為長豐獵豹、東南汽車、廣汽菲克，由於主要客户的配套車型銷量同比嚴重下滑，導致長豐內裝飾業績不如預期。
2、長豐零部件，公司持股29.00%，主營業務為油箱、排氣管、座椅骨架等汽車零部件生產、銷售。2020年1-6月實現營業收入1041.52萬元，較上年同期下降了50.08%。長豐零部件主要客户為長豐獵豹、長沙雙葉、東南汽車、長豐沙發、北京汽車，由於主要客户的配套車型銷量同比嚴重下滑，導致長豐零部件業績不如預期。
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