In 2023, Chinese automobile manufacturer FAW Jiefang Group reported revenues of 63.9 billion yuan, representing a strong recovery from the underperformance in 2022. The Company completed a major asset restructuring in 2020, resulting in adjusted financials for 2018 and 2019, with Jiefang Auto Ltd. being included in the adjusted consolidated financial statements. In that year, the Group shifted its main activities from the development, production, and sale of passenger cars to that of commercial vehicles.
Revenue of FAW Jiefang Group from 2010 to 2023
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars or 0.13 euros (as of April 2024).
The Company completed a major asset restructuring in 2020, which resulted in adjustments to the figures for 2018 and 2019, with Jiefang Auto Ltd. being included in the adjusted consolidated financial statements.
Figures have been rounded to provide a better understanding of the statistic.
Figures for 2010 to 2020 were retrieved from previous reports.
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Sina.com.cn. (March 29, 2024). Revenue of FAW Jiefang Group from 2010 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/227161/revenue-of-faw-group-in-china/
Sina.com.cn. "Revenue of FAW Jiefang Group from 2010 to 2023 (in billion yuan)." Chart. March 29, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/227161/revenue-of-faw-group-in-china/
Sina.com.cn. (2024). Revenue of FAW Jiefang Group from 2010 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/227161/revenue-of-faw-group-in-china/
Sina.com.cn. "Revenue of Faw Jiefang Group from 2010 to 2023 (in Billion Yuan)." Statista, Statista Inc., 29 Mar 2024, https://www.statista.com/statistics/227161/revenue-of-faw-group-in-china/
Sina.com.cn, Revenue of FAW Jiefang Group from 2010 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/227161/revenue-of-faw-group-in-china/ (last visited November 21, 2024)
Revenue of FAW Jiefang Group from 2010 to 2023 (in billion yuan) [Graph], Sina.com.cn, March 29, 2024. [Online]. Available: https://www.statista.com/statistics/227161/revenue-of-faw-group-in-china/
