Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
BYD's price war, the more you fight, the more money you make? | Insight Research
Overseas markets, high-end and intelligence have become important labels for BYD this year
iShares 安碩亞洲信託基金年度報告
BYD held the spring press conference of Fangchengbao Auto, and the “5839” of the Fangchengbao family was unveiled!
This time, the supercar Panther 9 also made a surprise appearance!
Lithium prices plummeted, falling out of 19% profit growth in the Ningde era | Insight Research
Q1 In the Ningde era, revenue declined, but profit increased
BYD Wang Chuanfu: The company's long-term global sales target is 10 million units, half of which are overseas
J.P. Morgan pointed out that BYD's profitability in overseas markets will be higher than at home. Wang Chuanfu emphasized the importance of using artificial intelligence to improve the level of factory automation, especially overseas factories, in order to save labor costs, which is a major positive factor in improving BYD's profitability.
China's EV market surges in March, ADR rises
Chinese electric vehicle (EV) brands are being bought on the US stock market at the beginning of the day. The rapid increase in the number of units shipped in March compared to the same month of the previous year is well received. Shanghai Weilai Automobile (NIO)'s EV shipments in March were 11,866 units, up 14.3% from the same month last year, and up 45.9% from the previous month. In the January-March fiscal year, shipments fell 3.2% from the same period last year to 30,053 units.
Next week's big schedule: US non-farm payrolls in March, intensive speeches by senior Federal Reserve officials, Tesla, BYD Q1 sales PK
Focus on: China's Caixin manufacturing PMI for March, US non-agricultural data for March, ISM manufacturing and service PMI data, durable goods order data for February, European CPI for March. OPEC+ will hold a ministerial meeting, Powell and many other Federal Reserve officials will deliver speeches, and Kweichow Moutai will release financial reports.
Agricultural Bank of China GAAP EPS of RMB 0.72
BYD's 2023: Selling cars is easy, but making money is the real skill | Insight Research
On the evening of March 26, NEV giant BYD announced its 2023 annual results. Three million sales were exchanged for 30 billion dollars in profit, which allowed BYD to break through the price war. In 2023, BYD achieved operating revenue of 602.3 billion yuan, an increase of 42% year on year; net profit to mother was 30.04 billion yuan, up 80.7% year on year; gross margin increased 3.17 percentage points year on year to 20.21%, successfully surpassing its old rival Tesla (18.2%). However, the impact of the industry price war still affected BYD in the fourth quarter. 24Q4's net profit declined for the first time in the year, and returned
$30.4 billion! BYD's net profit increased 80% year-on-year last year, and proposed cash dividends of more than 9 billion dollars | Financial News
The gross margin of BYD's automobile business last year was 23.02%, up 2.63 percentage points from the previous year.
Ping An Insurance (Group) Company of China Ltd (PNGAY) Q4 2023 Earnings Call Transcript Summary
The following is a summary of the Ping An Insurance (Group) Company of China Ltd (PNGAY) Q4 2023 Earnings Call Transcript:Financial Performance:Ping An Insurance reported a 4.7% YoY revenue increase,
Nio Aims for Longer-life EV Batteries Through Tech Partnership With CATL
Nio (NYSE:NIO) inked a framework agreement with Contemporary Amperex Technology Co. to carry out innovation in the research and development of long-life batteries according to the needs of the electric vehicle maker's power swap.
Domestic market share returned to 50% during the Ningde era | Insight Research
The flames of the NEV price war have already burned into the power battery market. In February of this year, some second- and third-tier power battery manufacturers, such as Gateway Power, were still in a state of shutdown and production. Combined with holiday disturbances, the recovery of the power battery market was slightly slow. In February, power battery production reached 43.6 GWh, down 33.1% from month to month, down 3.6% year on year; sales volume was 37.4 GWh, down 10.1% year on year, down 34.6% month on month; installed capacity reached 18 GWh, down 18.1% year on year and 44.4% month on month. Overall, the power battery market sentiment did not perform well in February
BYD's 168 Marriott car debuted
The battle to the top.
70,000 BYD steals the last location of oil trucks
Scarlet 2024
The achievements of the Ningde era relied on “volumes” to go overseas | Insight Research
Compared with second- and third-tier power battery manufacturers, the Ningde era still performed excellently
Ningde Times, China Shenhua, Muyuan Co., Ltd.... A number of A-share giants are forecasting annual results!
On the evening of January 30, a number of A-share listed companies announced their 2023 annual results forecasts. A few companies are happy and a few are sad. The Ningde Era expects net profit to increase by more than 30% over the same period last year, reaching 42.5 billion yuan to 45.5 billion yuan, with daily earnings exceeding 116 million yuan; China Shenhua's profit in 2023 will drop 9.9% to 14%, and the drop in coal prices will affect performance. Sluggish pig prices have caused most listed pig companies to report losses in 2023, and industry differentiation has intensified. Among them, Muyuan Co., Ltd. expects a net loss of 3.9 billion to 4.7 billion yuan in 2023, and a profit of over 13.2 billion yuan in 2022. The price of lithium carbonate fell sharply, with a decline of more than one year
With 3 million sales and 30 billion profit, BYD takes the lead in breaking out of the price war | Insight Research
On the evening of January 29th, BYD announced its 2023 performance forecast. With the profit growth rate of most NEV companies turning negative, and even showing profit and loss, BYD's net profit has maintained a steady high growth rate. For the full year of 2023, BYD expects to achieve net profit attributable to shareholders of listed companies of 29 billion yuan to 31 billion yuan, an increase of 74.46%-86.49% over the previous year; to deduct non-net profit of 27.4 billion yuan to 29.7 billion yuan, an increase of 75.22% to 89.92% over the previous year. In the fourth quarter of 2023, BYD expects to achieve net profit attributable to shareholders of listed companies of 7.63 billion yuan - 96 billion yuan.
Is the healthcare market recovering? Mindray Healthcare acquires control of Whitney Healthcare at 25% premium | Insight Research
In the new year, A was born, and the leading device company Mindray entered the cardiovascular field at a premium.