This is the stock market perpetual motion machine? KFC, meituan and ideal become the best CP

category:Finance
 This is the stock market perpetual motion machine? KFC, meituan and ideal become the best CP


Recently, the three quarterly reports of Yum! China and meituan have been greatly improved, both of which are closely related to stock speculation. Interestingly, the two companies held shares at different levels, and meituan eventually held shares in the ideal car. The latter was a hot potato in the capital market recently, and its share price doubled.

General stocks of new energy vehicles continued to rise sharply in the early stage, which was related to the rise of terminal sales, policy and market boosting expectations. However, the industry believes that, compared with terras, the new force of the three swordsmen rose too fast, there is a bubble in the short term.

Q3 stock speculation of listed companies increases performance

According to the financial reports of the above-mentioned companies, American stock Yum China (KFC parent company) released its third quarter report in late October, saying that the net profit in the third quarter was 439 million US dollars, 96% higher than that of 223 million US dollars in the same period of last year, mainly due to the growth of operating profit and the equity investment income of meituan review.

It is understood that in the third quarter of this year, the share price of Hong Kong stock meituan continued to rise, rising by 37% from HK $176.5 at the beginning of the period to HK $241.8. As of December 3, the market value of the company has reached HK $1.62 trillion.

Meituan released its third quarter report on November 30, saying that its revenue was 35.401 billion yuan, up 28.8% year-on-year; its net profit in the third quarter was 6.321 billion yuan, with a year-on-year increase of 374.1%! It is worth noting that on the data of operating profit of 6.724 billion yuan, the company notes that this is RMB 5.8 billion yuan including the income from changes in fair value invested in listed entities.

It is understood that the shareholding listed company mentioned here is also the ideal car. According to this years prospectus for the ideal car to be listed in the US, meituans inspired elite owns 14.5% of the shares.

It is understood that since October, ideal automobile has started to rise and its share price has doubled, bringing rich investment income to shareholders. According to the companys third quarter financial report, the ideal car delivered 8660 vehicles in the third quarter. Recently, ideal auto released its sales data in November, delivering a total of 4646 ideal one, up 25.8% month on month. In the first 11 months, 26498 vehicles were delivered.

A person from the business department of a securities firm in Shenzhen said that it is not uncommon for listed companies to speculate in stocks with high returns. There are listed companies in A-share market, and the earnings are even stronger than the main business performance. To some extent, this paragraph also shows that if you choose a good track leading enterprise, you can enjoy long-term stable income.

How long will the valuation dream of new forces make cars

According to the ideal car announcement, the company achieved revenue of 5.310 billion yuan in the first three quarters, but the net profit loss was 259 million yuan. Among them, the revenue of the third quarter was 2.511 billion, with a month on month increase of 28.94%; the net profit was a loss of 107 million yuan. After deducting the preferred stock dividend, the net profit attributable to the common shareholders of the parent company was a loss of 321 million yuan.

As a matter of fact, Xiaopeng automobile and Weilai, which are called three swordsmen of new force of car making and ideal car by the market, both companies also lost money in the third quarter. It is understood that the net loss of Weilai was 1.047 billion yuan, and that of Xiaopeng automobile was increased by 48% to 1.148 billion yuan.

It is understood that the three swordsmen of the new force of car making have experienced a wave of soaring market. During the period from November 1 to 24, the range increase of Xiaopeng automobile has exceeded 260%, that of ideal car is more than 117%, and that of Weilai automobile is close to 75%. The market value of the three companies once exceeded trillion yuan. In comparison, Tesla, a leading new energy vehicle company, rose only 43% in the same period.

The stock prices of the above three companies began to retreat in late November. The latest data show that the market value of ideal automobile is close to 30 billion US dollars, that of Xiaopeng automobile is about 40 billion dollars, and that of Weilai is more than 60 billion dollars.

According to Chinas reporters before the brokerage, the new energy vehicle concept stocks rose sharply in the near future. In the short term, it did rise faster, and there was a certain bubble. But if viewed from a long-term perspective, if the industry reached 20% penetration in 2025, it is expected that the new energy penetration rate in 2022 will be around 10% inflection point, and then will gradually accelerate. From this perspective, the next few years will be new. The energy car track has long slopes and thick snow.

Northeast Securities Auto Team analysts on the above new forces of car making Three Musketeers to overweight rating. Analysts said that the ideal car sales are still in the rising stage, and there is basically no problem to achieve the annual sales target; the gross profit margin of the third quarter is 19.78%, which is the highest among the new forces of domestic automobile manufacturing. For Xiaopeng automobile, Northeast Securities analysts believe that the companys high growth in the third quarter was mainly due to the listing of Xiaopeng P7. The total delivery volume of Q3 company was 8578, with a year-on-year increase of 265.8%, including 6210 vehicles delivered by Xiaopeng P7. Speaking of Weilai, the auto team analysts said that Q3s single quarter gross profit rate was 12.94%, with a year-on-year increase of 25.0 percentage points and a month on month increase of 4.5 percentage points. On the one hand, the growth of automobile sales brought about scale benefits; on the other hand, the improvement of procurement costs and manufacturing costs, in addition, the listing of the new es8 also increased the average price level. With the overall scale of sales growth and subsequent new car listing, the companys gross profit margin still has a large room for improvement. Source of this article: Yang Bin, responsible editor of securities companies in China_ NF4368

Northeast Securities Auto Team analysts on the above new forces of car making Three Musketeers to overweight rating. Analysts said that the ideal car sales are still in the rising stage, and there is basically no problem to achieve the annual sales target; the gross profit margin of the third quarter is 19.78%, which is the highest among the new forces of domestic automobile manufacturing.

For Xiaopeng automobile, Northeast Securities analysts believe that the companys high growth in the third quarter was mainly due to the listing of Xiaopeng P7. The total delivery volume of Q3 company was 8578, with a year-on-year increase of 265.8%, including 6210 vehicles delivered by Xiaopeng P7.

Speaking of Weilai, the auto team analysts said that Q3s single quarter gross profit rate was 12.94%, with a year-on-year increase of 25.0 percentage points and a month on month increase of 4.5 percentage points. On the one hand, the growth of automobile sales brought about scale benefits; on the other hand, the improvement of procurement costs and manufacturing costs, in addition, the listing of the new es8 also increased the average price level. With the overall scale of sales growth and subsequent new car listing, the companys gross profit margin still has a large room for improvement.