The U.S. Stock Research Agency learned that Ford Motor (China) Co., Ltd. today announced the sales data for 2021, and a total of 624802 vehicles were sold in 2021, an increase of 3.7% over last year. Lincoln brand market performance is the most eye-catching, the annual sales reached 91621 vehicles, an increase of 48.3% year-on-year, setting a record for the best annual sales since the brand entered China.
Ford Motor (F) has risen more than 20% this year, and its intraday market value has exceeded $100 billion. Last year, Ford's stock price soared by 137.48%, beating Tesla, General Motors, Rivian and other car companies topped the list of automakers' stock price performance in 2021.
But the 118-year-old automaker has been earning more than that level ($100 billion) for 30 years. According to relevant data, Ford's revenue in the past year was $135 billion, but for the market value to go further to bring its price-to-sales ratio to 1, Ford still has a long way to go. Relevant data shows that the average price-to-sales ratio of companies with a market capitalization of more than $100 billion is 7 times. Among them, NVIDIA (NVDA. US) has the highest go-to-market ratio at 27 times.
Since the inauguration of current CEO Jim Farley in October 2020, Ford's stock price has more than tripled. Under Farley's leadership, Ford accelerated its transition to electric vehicles and introduced popular new models, including the electric Mustang Mach-E, the resurrected Mustang Bronco SUV and the small pickup Maverick.
Ford's stock price has risen 67 percent over the past six months as electrification theory has been established, and the company recently announced plans to nearly double the annual capacity of its F-150 Lightning electric pickup truck to 150,000 units by mid-2023.
![The rise of the old car giant: the stock price rose more than Tesla, and the market value exceeded the 100 billion US dollar mark for the first time[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)