2020-11-14

30%shock overnight! Three major new energy vehicle stock prices collectively dive

By yqqlm yqqlm

Overnight, the three major US stock indexes closed up collectively, but the concept stocks among the three major new energy vehicles fell. As of the close, NIO (NIO.N) fell 7.35%, Xiaopeng Motors (XPEV.N) fell 6.55%, and Ideal Motors (LI.US) fell 1.83%.

Due to new highs in the delivery of new energy vehicles, the stock prices of new automakers in the US stock market have been strong for several weeks. In October of this year, the monthly delivery of NIO exceeded 5,000 for the first time, and a total of 5,055 new cars were delivered, doubling the year-on-year rate; Xiaopeng Motors has delivered 3,040 units in a single month, an increase of 229%year-on-year, reaching more than 3,000 units for two consecutive months; the ideal delivery car is 3,692 units, The single-month delivery record was refreshed for three consecutive months.

Xiaopeng Motors’ share price has doubled this month. Xiaopeng Motors went public in the United States in August of this year. Compared with the issue price of $15, the stock price rose by more than 240%in less than three months. Ideal Motors went public at the end of July this year, and the highest price was up to 255%higher than the issue price of $11.5. Compared with the lowest stock price of $1.19 at the end of last year, the latest closing price of NIO has risen 37.6 times.

getInterUrl?uicrIvZQ=b9678898e9758f12da4ffe3fad1edbe2 - 30%shock overnight! Three major new energy vehicle stock prices collectively dive

The financial reports released by the two new car-making forces before the market show that their performance is better than expected, and Xiaopeng Motors announced a positive profit margin.

Among them, the ideal car (LI.US) once rose by more than 28%to 40.8 US dollars, continuing to hit a record high, and its market value once exceeded 34 billion US dollars. The pre-market results of Ideal Auto showed that the third-quarter revenue was 2.511 billion yuan, better than the market’s expected 1.925 billion yuan. The net loss in the third quarter was 107 million yuan, and the market expected a loss of 500 million yuan.

Xpeng Motors released its third-quarter financial results. Financial report data shows that in the third quarter of this year, Xiaopeng Motors’ total revenue was 1.99 billion yuan, slightly higher than market expectations of 1.9 billion yuan, a year-on-year increase of 342.5%and a month-on-month increase of 236.9%; a net profit loss of 1.149 billion yuan was a loss in the same period last year. 776 million yuan. The most market-focused indicator in this financial report is the gross profit margin. In the third quarter of this year, Xiaopeng Motors announced that the gross profit margin was 4.6%, compared with -10.1%and -2.7%in the same period last year and the second quarter of this year.

NIO Automotive’s three quarterly report will be announced after the US stock market on November 17. In the third quarter, NIO delivered a total of 12,206 new vehicles.

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