Xiaokang shares continued to rise and limit 7 traditional automobile enterprises or usher in value revaluation

category:Finance
 Xiaokang shares continued to rise and limit 7 traditional automobile enterprises or usher in value revaluation


Compared with Weilai, Xiaopeng and ideal electric vehicle enterprises, Xiaokang stock is not a complete electric vehicle manufacturer.

According to the public information, Xiaokang shares (full name Chongqing Xiaokang Industrial Group Co., Ltd) is a manufacturing enterprise integrating the manufacture and sales of complete automobile, automobile engine and auto parts. In the first October of this year, its cumulative sales volume was 208000, but it was basically composed of traditional fuel vehicles. The cumulative sales volume of new energy vehicles was only 14400.

One securities analyst, who asked not to be named, believes that the rise in Xiaokang shares may be due to the concept brought by seres, its new energy brand.

According to public information, the predecessor of Cyrus is sfmotors, a new energy company registered and established by Xiaokang group in Silicon Valley of the United States. It acquired the core electric drive technology by acquiring inevit company founded by Martin Eberhard, the co-founder of Tesla. At first, Cyrus aimed at the extended range electric vehicle market, and then launched pure electric vehicle.

According to the securities analysts mentioned above, although the performance of Xiaokang shares in the new energy market is not so good, Cyrus is the second auto enterprise to take the expansion program as the mainstream route. The ideal is to go public in the U.S. stock market. In addition, the current stock price has exceeded US $40, so the cost of domestic investors speculation is relatively high, and Xiaokang shares are popular in some extent The spillover effect of.

However, the spillover effect of US stocks is not only reflected in Xiaokang shares. On November 24, the new energy vehicle index rose 0.67%, and the market value of BYD (002594. SZ) broke the 500 billion yuan mark again. Changan Automobile (000625. SZ) closed its trading limit with a turnover of more than 5.5 billion yuan, becoming the largest stock in the two cities. Jianghuai Automobile (600418. SH), Jiangling Automobile (000550. SZ) and other stocks rose sharply.

At present, the automobile industry continues to walk in a new growth cycle, and the electrification and intelligent network connection are in the ascendant, and the automobile sector still has a strong attraction. CICC Securities said that it will be optimistic about new energy vehicle head car enterprises and industrial chain targets for a long time.

Before that, the capital market was more optimistic about the new force of car making. So far, Weilais stock price has risen more than 40 times compared with the lowest price of $1.19 at the end of last year, and the growth of Xiaopeng and ideal automobile has also exceeded 200%. In addition to the three new forces in the U.S. stock market, the rest, including Weima automobile, United Automobile and zero running automobile, are preparing to land on the science and technology innovation board. At the recent Guangzhou auto show, Wu Baojun, co-founder and CEO of zero running automobile, revealed that the company hopes to land on the science and technology innovation board in the second half of 2021, and before that, it will conduct a new round of financing. To this end, the company released its third new car at the auto show, positioning it as a medium-sized pure electric SUV, which will be delivered in the third quarter of next year.

According to a report released by Guotai Junan Securities, the valuation of new automobile manufacturing forces is constantly reaching new heights, and the new energy vehicle business of independent brands is also expected to usher in value revaluation. According to the report, the overestimation of the new force of car making comes from the certainty of the creation and growth of the new profit model. As a latecomer and catcher in the fuel vehicle market, independent brands do not have strong organizational inertia. Considering from the perspective of national strategy, supporting industrial chain support and strategic adjustment timeliness, independent brands will also enjoy the growth certainty of the new energy vehicle industry. From Guotai Junans point of view, the industrial premium of Chinas new energy vehicle industry continues to increase, and a number of enterprises with global competitiveness have been formed in the field of battery and intelligence, which will help the rapid development of Chinas new automobile manufacturing forces. However, the division of labor in Europe has been relatively fixed, and the strategic adjustment of automobile giants is facing great resistance. Driven by multiple factors, the company believes that Geely motor (00175. HK), Changan Automobile, GAC group (601238. SH) have room for further improvement in the capital market in the future. Source of this article: Guo Chenqi, editor in charge of first finance and Economics_ NBJ9931

From Guotai Junans point of view, the industrial premium of Chinas new energy vehicle industry continues to increase, and a number of enterprises with global competitiveness have been formed in the field of battery and intelligence, which will help the rapid development of Chinas new automobile manufacturing forces. However, the division of labor in Europe has been relatively fixed, and the strategic adjustment of automobile giants is facing great resistance. Driven by multiple factors, the company believes that Geely motor (00175. HK), Changan Automobile, GAC group (601238. SH) have room for further improvement in the capital market in the future.