Reason for award: I have been deeply involved in the field of new energy for more than five years, aiming to catch up with Tesla. In the past few years, it has exhausted its financial resources to develop an autonomous driving software system. Although there is an endless tug-of-war with Tesla to sue "autonomous driving trade secrets", it still wins more market favor with its research and development strength with accumulated losses of nearly 6 billion yuan. Faced with the situation that there were strong enemies before and pursuers after, it successfully put itself on the door of IPO, becoming the third China electric vehicle company and the fourth electric vehicle company listed in the United States after Weilai Automobile and Li.
Today is the second day of x Peng Motors IPO (August 28th, US Eastern Time). As of the time of writing, the share price of Xpeng Motors jumped from the closing price of $265,438 +0.22 on the first day to $24,065,438 +0 before the opening today (local time), with an increase of over 65,438+03%. It can also be seen that the capital market is really optimistic about Xpeng Motors. Shortly after the opening, the share price of Xpeng Motors rose to $24.40, and fell slightly to $22.37 in intraday trading, but the increase was still 6.72%. At present, the total market value is $6543.8 +062 billion.
Perhaps to verify Wang Xing's prediction: "Only three new car-making forces will survive in the future, namely Weilai, Ideality and Tucki." After the first two companies went public one after another, the third place was vacant. With the rumor that Weimar will land on the science and technology innovation board this year, Xpeng Motors will be listed on the New York Stock Exchange on August 27th. In the future, we will "run wild" in the capital market with the stock code of "XPEV".
In response to the Xpeng auto IPO incident, our company is in the "listing is the peak?" The article "Not necessarily Tucki" has made a professional interpretation of this, so I won't go into details in this week's stock review.
Although Xpeng Motors is very bright this week, Tesla, which stirs up the automobile industry, is the real god. Through our own efforts, we can pull the upstream and downstream to take off together. This ability is at least unprecedented. As for whether there are new people behind, I'm sorry that Xiaoxian is too shallow to know.
"God" Tesla
Since the stock price soared to $65,438+0,000 yuan per share at the end of June this year, Tesla's cultivation speed has become more and more rapid. In less than two months, it has entered the stage of $2,200+,and its total market value has jumped from $19 billion two months ago to $410 billion today.
Tesla's total market value exceeded $400 billion, just two days ago, that is, on the 26th Eastern Time. Since the beginning of this year, Tesla has risen by more than 400%. Affected by this, on the 27th, A-share new energy vehicles and Tesla concept stocks went up daily. More than 20 stocks, including Yi Yun Electric, Sara and Peng Ling, rose by 10%, while the leading stock Contemporary Amp Technology rose by 5.43%.
At the same time, stimulated by Tesla's stock price surge, the Chinese stocks Weilai and Li also rose sharply.
On Wednesday, Weilai rose by 14%, and its market value exceeded $24.2 billion, a record high since its listing, with a cumulative increase of 402% this year. Li's share price rose by 28.25%, with a market value of $654.38+09.6 billion, with a cumulative increase of 42% this year. However, since Thursday, Weilai and Ideals have fallen one after another. By the close of local time on Friday, Weilai fell 6.94% to 18.50 USD per share, while Li's situation was slightly worse, falling 9. 18% to 17.60 USD per share.
Yang Delong, chief economist of Qianhai Kaiyuan, said: "Tesla's entry into the China market has intensified the competition in the new energy automobile industry, which will have a certain impact on new energy automobile enterprises with independent brands such as BYD and Weilai in China, but it will also form a' catfish effect', which will accelerate the survival of the fittest in the industry, promote the development of the industry, and let truly competitive leading enterprises come out."
Before the leading enterprises came out, I think the little brothers and sisters who passed by were most concerned about why Tesla was called "God" by Xiaoxian.
Let's look at Wind's data. As of the evening of August 28th, 5 1 Tesla Concept Company disclosed the semi-annual report. Among them, 22 companies achieved positive year-on-year growth in net profit, accounting for 40%. According to brokerage analysis, Tesla's industrial chain has the characteristics of strong stability, high gross profit margin and great value. The advantage of low cost of Chinese enterprises determines their dominant position in Tesla's industrial chain, and industrial chain companies with core competitiveness are expected to enjoy long-term climbing dividends.
At present, the situation in the new energy market is to follow Tesla and lie down to make money. The company that had such a strong strength before was Apple.
Zhihu "A-share Master Brother" said: "Tesla's position in the automobile industry is comparable to Apple's position in the smart phone industry. In 2007, it was called the first year of Apple. With the popularity of smart phones, Apple's industrial chain has cultivated a large number of industrial chain bull stocks in A-shares, such as Luxshare, Xinwei Communication, Goer, Oufei Technology, Fenda Technology, Desai and Anjie Technology. The Apple Index rose from the lowest point of 900 to the highest point of 650.
Just this Monday, Apple's share price rose by 1.20% to close at $503.43, and its total market value exceeded $2 trillion, reaching $ 2. 15 trillion.
Industrial Securities believes that compared with golden decade of Apple's industrial chain, the current Tesla industrial chain is equivalent to the early stage of Apple's industrial chain. The rise of the industrial chain comes from the high expectation of Tesla sales, which drives the valuation. Tesla's subsequent industrial chain opportunities are reflected in three aspects: First, the industrial chain performance brought by Tesla's sales may exceed expectations; The second is the second wave of big opportunities bred by the new product trend defined by Tesla in the medium term, including intelligent cockpit (central control large screen), domain controller and high computing power chip, heat pump thermal management, lightweight chassis and so on. The third is the new opportunities brought by Tesla's subsequent expansion around the automobile ecosystem.
It is undeniable that Tesla's "catfish" is arousing greater vitality in the new energy market.
Poor lifan
Now Lifan is so miserable that he can't bear to write. Xiaoxian, on the other hand, had to put down his worthless sympathy and earn some valuable manuscript fees, which may be another value of Lifan's existence.
On the evening of August 27th, Lifan Industrial (Group) Co., Ltd. (hereinafter referred to as "Lifan") released the semi-annual report, showing that as of June 30th, 2020, Lifan's revenue was 65.438+58.4 billion yuan, down 69.42% year-on-year. The net loss was 2.595 billion yuan, up 173.99% year-on-year.
Lifan shares attributed the decline in performance to the influence of "market environment" in the report. At the same time, Lifan said that the automobile industry in China experienced negative growth for the first time since 20 18, and it continued to decline in 20 19. At the beginning of 2020, due to the COVID-19 epidemic, production and sales were suspended for a long time, which greatly affected the overall economic growth, the income of residents decreased, and the willingness to buy cars decreased, so the overall business was greatly affected.
What are the consequences of "bad environment" for Lifan? In terms of automobile business, Lifan sold 978 traditional passenger cars in the first half of the year, down 95.29% year-on-year; New energy vehicles sold 549 vehicles, down 56.32% year-on-year. According to the simplest addition, the sales volume of Lifan passenger cars in the first half of the year was only 65,438+0,527. On the export side, affected by the global epidemic, Lifan's export business has shrunk dramatically and stepped out of a semi-stagnant state.
Lifan, which suffered huge losses, applied to the court for reorganization, and on August 2 1 was ruled to accept it. Four days later, Lifan shares were warned of the risk of delisting, and the stock abbreviation was changed to "*ST? Lifan, the daily rise and fall of the stock price is limited to less than 5%. At this point, the "ST family" has owned complete vehicle enterprises such as Haima, Zotye and Lifan.
In order to promote the restructuring of Lifan, on August 26th, Lifan issued an announcement to recruit restructuring investors for the market. Xiaoxian wears more than 500-degree myopia glasses and browses this announcement, summarizing the key information for you. Please forgive me for any incompleteness.
Lifan currently has two major sectors, namely, automobile and Tong Mo, which are its magic weapons to attract recruiters. To take these two magic weapons into the bag, the following conditions must be met: First, the new owner must have a good reputation and has not been included in the list of people who have lost their trust; Second, the recruitment of restructuring investors is not limited to industries, and those who have experience in automobile production management or mergers and acquisitions are preferred; 3. The total assets shall not be less than? 200? 100 million yuan; As for the remaining three points, it is not important.
To sum up, Xiaoxian asks the other party to be "kind, rich and considerate", just like recruiting a son-in-law for a rich mother-in-law whose daughter is bankrupt, hoping to revive her family business under the leadership of her son-in-law.
Although Lifan shares began to openly recruit and reorganize investors this month, it was reported two months ago that Geely planned to inject capital into Lifan and become its largest shareholder. Although denied n times, the latest news is that "Geely Automobile's acquisition of Lifan shares is a foregone conclusion. At that time, Lifan will only retain the motorcycle sector, and the rest, including shell resources, production qualifications and financial licenses of listed companies, will be taken over by Geely Automobile. "
No matter what the final result is, the only certainty is that Yin Mingshan, who is over 80 years old and has been retired for three years, is experiencing the most difficult moment in his life. Lifan's ending is doomed to be "like this star is not last night, for whom the wind is shining."
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.