Is Nissan on the verge of bankruptcy? Dongfeng Nissan executives say: Cash on hand is enough for Xiaomi to build cars twice
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2025-01-23 15:58:37
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Recently, in response to the recent rumors of "Nissan bankruptcy", Liu Xinyu, general manager of Dongfeng Nissan Sales Company, responded strongly on his personal social media: I opened my eyes and saw that there was still 63 billion yuan on the books, which was equivalent to Xiaomi's investment in car manufacturing twice.
From the picture of the content released by Liu Xinyu, we can see that Nissan currently has 1.36 trillion yen in cash on the books, which is about 63 billion yuan. He also compared it with the three new car-making forces of Xiaopeng, Weilai and Ideal. Xiaopeng, Weilai and Ideal have cash reserves of 36.5 billion, 57.3 billion and 91.3 billion respectively. From the perspective of scale, Nissan's capital reserves are still in the first echelon.
The fuse that triggered the rumors of "Nissan bankruptcy" was Nissan's financial report last quarter. The financial report shows that from April to September 2024, Nissan's net profit was 19.2 billion yen (about 900 million yuan), a year-on-year decline of 94%. In the third quarter of last year, net profit turned from profit to loss, with a loss of 9.3 billion yen in a single quarter.
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