[Broker Focus] Guoxin Securities maintains BYD's share (01211) purchase rating and is expected to maintain its lead in competition and further expand its share
Jinwu Financial News | According to Guoxin Securities Research, BYD's (01211) results showed that the company's revenue for the first quarter of 2024 was 124.94 billion yuan (same below), up 3.97% year on year; net profit attributable to shareholders was 4.57 billion yuan, up 10.6% year on year; net profit attributable to non-shareholders was 3.75 billion yuan, up 5.2% year on year. The company's overall gross margin for the first quarter of 2024 was about 21.9%, roughly the same as the third and fourth quarters of 2023, and remained relatively high. The bank expects the company's total Q2 car sales to continue to grow rapidly. The main reasons are as follows: 1. Public
China's Automakers Must Adapt Quickly on the EV Boom in the Face of Regulatory Scrutiny Abroad
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
Changes in Hong Kong stocks | Xiaopeng Automobile-W (09868) opened more than 8% and led the auto stock market in April, sales of new power car companies were steady, and trade-in is expected to boost demand
Auto stocks collectively opened higher. As of press release, Xiaopeng Automobile-W (09868) rose 8.35% to HK$37; Ideal Automobile-W (02015) rose 7.06% to HK$115.2.
BYD to Recall Over 16,000 EVs Due to Camera Software Issue
BYD (HKG:1211, SHE:002594) will recall 16,666 electric vehicles starting May 20 due to a software problem, China's State Administration for Market Regulation said in its Tuesday press release on its w
Nikkei Average Contribution Ranking (advance closing) ~ The Nikkei Average rebounded slightly, and TOEREC boosted by about 25 yen per brand
The number of gains and falls of the Nikkei Average constituent stocks at the time of closing 2 days ago was 100 stocks with price increases, 122 stocks with price drops, and 3 stocks unchanged. The Nikkei Average rebounded slightly. The front-end transaction was closed at 38299.71 yen (estimated turnover of 700 million shares), which was 25.66 yen higher (+0.07%) compared to the previous day. The US stock market was mixed on the 1st. The Dow average rose by $87.37 (+ 0.23%) to $37903.29, the Nasdaq fell 52.34 points (-0.33%) to 15605.48, S&P
China Merchants Securities: Maintaining BYD's (01211) “Overholding” Rating Target Price of HK$300
China Merchants Securities expects the profit margin of BYD shares (01211) to pick up starting next quarter.
Changes in Hong Kong stocks | Auto stocks explode across the board, NIO - SW (09866) rose more than 22%, leading sector trade-in, which is expected to significantly boost domestic automotive demand
Auto stocks exploded across the board. As of press release, NIO SW (09866) rose 22.24% to HK$43.7; Zero Sports (09863) rose 12.15% to HK$30.5; Xiaopeng Motor-W (09868) rose 8.24% to HK$34.15; and BYD shares (01211) rose 4.55% to HK$225.4.
[Hong Kong Stock Connect] BYD shares (01211) repeatedly rose more than 2.4%. April sales increased nearly 49% year on year
Jinwu Financial News | BYD shares (01211) had excellent production and sales data for April. The stock price rose repeatedly in early trading. It was tentatively reported at HK$228.8, up 2.41%, with a turnover of HK$319 million. BYD announced that sales of new energy vehicles in April 2024 were 313,200 units, compared to 21,300 units in the same period last year, up 48.96% year on year, and cumulative sales during the year rose 23.24% year on year. Production of new energy vehicles was 334 million units, compared to 209,400 units in the same period last year; cumulative production during the year increased by 21.85% year on year. According to Citi's report, it is estimated that BYD's net profit for the second quarter will be 7.9 billion yuan
Hong Kong stock concept tracking | Overall electric vehicle delivery data for April, good institutions are optimistic about the increase in export sales of automakers (with concept stocks)
In April, BYD temporarily ranked first among domestic electric vehicle companies with sales of 313,245 units.
BYD Posts Higher Sales, Production Numbers in April
BYD (HKG:1211, SHE:002594) produced 334,039 new energy vehicles in April, up 21.85% from the 209,448 output in the year-ago period, according to a Hong Kong bourse filing on Wednesday. The automaker s
ADR Japan Stock Ranking ~ SoftBank G etc. are almost completely depreciated, and Chicago is 37965 yen lower than Osaka by 245 yen
In the ADR market, Japanese stocks of ADR (American Depositary Receipts) fell by SoftBank G <9984>, Isuzu <7202>, Shiseido <4911>, Renesas <6723>, Nittetsu <6988>, ANA <9202>, Fujifilm <4901>, etc. in the ADR market, and are almost completely depreciated. The Chicago Nikkei 225 futures settlement value is 37,965 yen, 245 yen lower than the Osaka daytime ratio. The US stock market is mixed. The Dow average rose by $87.37 to 37,90
Denso Gets Board Nod for Disposal of 206 Million Yen Worth of Shares as Restricted Stock Compensation
Denso (TYO:6902) has secured board approval for the disposal of 205.69 million yen worth of treasury shares as restricted stock compensation to some directors, top management, and employees, according
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!
Hong Kong Stock Announces Nuggets | Geely Auto's total sales volume in April was 153,300 cars, Xiaomi Group-W has delivered 7058 Xiaomi SU7 series cars
BYD Co., Ltd. sold about 313,200 new energy vehicles in April, up 48.96% year on year; Xiaomi Group-W: By the end of April, 881,000 confirmed orders had been received and 7058 Xiaomi SU7 series cars had been delivered
BYD Sells 313,245 NEVs in Apr, up 3.57% From Mar
BYD sold 313,245 NEVs in April, up 3.57 percent from March and up 48.96 percent year-on-year. The post BYD sells 313,245 NEVs in Apr, up 3.57% from Mar appeared first on CnEVPost. For more articles, please visit CnEVPost.
BYD Co., Ltd. (01211.HK) sold 313,200 new energy vehicles in April, up 48.96% year on year
Gelonghui, May 1 | BYD Co., Ltd. (01211.HK) announced the April 2024 production and sales report. The total sales volume of new energy vehicles this month was 3132.45 million units, up 48.96% year on year; this year's cumulative total of 9395.08 million units was up 23.24% year on year. The company sold a total of 41,011 new energy passenger vehicles overseas in April 2024. Our total installed capacity of NEV power batteries and energy storage batteries in April 2024 was approximately 12.559 GWh, and the cumulative total installed capacity in 2024 was about 42.295 GWh.
Global Automotive Smart Key Market Analysis 2024-2029, With Key Player Profiles for DENSO, Continental, HELLA, Garmin, Valeo, BMW, Volkswagen, Hyundai, Nissan, Car Keys Express, HUF and Tokai Rika
BYD's Q1 Profit Jumps 11%, Operating Revenue Rises 4%
BYD's (HKG:1211, SHE:002594) attributable profit rose 10.62% to 4.57 billion yuan, or 1.57 yuan per share, in the first quarter, from 4.13 billion yuan, or 1.42 yuan per share, in the year-ago period,
The Nikkei Average in the back market started at 140 yen depreciation, and MOL, Nikkusuku, etc. fell
[Nikkei Stock Average, TOPIX (table)] Nikkei Average; 38264.81; -140.85 TOPIX; 2730.42; -12.75 [Backward Closer Overview] The Nikkei Average in the back was 38264.81 yen, 140.85 yen lower than the previous day, and started by reducing the decline from the previous closing (38189.54 yen). Nikkei 225 futures during lunchtime fluctuated in the range of 38190 yen to 38340 yen. The dollar and yen depreciated by about 10 yen from around 9:00 a.m. to 1 dollar = 157.80-90 yen
Nikkei Average Contribution Ranking (advance closing) ~ The Nikkei Average fell for the first time in 3 days, and Fast Rite was pushed down by about 49 yen per brand
The number of gains and falls of the Nikkei Average constituent stocks at the time of closing 1 day ago was 44 stocks with price increases, 181 stocks with price drops, and 0 stocks unchanged. The Nikkei Average fell for the first time in 3 days. The forward market transaction was closed at 38189.54 yen (estimated turnover of 880 million shares), which was 216.12 yen lower (-0.56%) compared to the previous day. The US stock market fell on April 30. The Dow average depreciated by $570.17 (-1.49%) at $37815.92, and the Nasdaq depreciated by 325.26 points (-2.04%)