Usually, major new car companies will release the overall delivery volume of their own brands in the past month on the first day of the month. No, when March 1 just arrived, the new power car companies have released the delivery volume of February on the same day; and at this time, the three car companies of Weilai, Xiaopeng and Ideal often attract much attention.
In February, NIO delivered 6,131 units, an increase of 9.9% year-on-year; Xiaopeng Automobile delivered 6,225 units, nearly three times that of the same period last year; ideal automobile delivered 8,414 units, an increase of 265.8% year-on-year. It can be seen that from the total monthly deliveries of the three car companies, their respective sales have declined compared with January.
But we can also understand, because in the number of days in February will suffer some losses, and February also has the Spring Festival that we value most in Chinese; everyone is busy with family reunions, meeting old friends, and the supply chain system of the entire car company is also in a state of vacation. And relatively speaking, the achievements of Wei Xiaoli's three car companies in February are not bad, after all, Xiaopeng and the ideal year-on-year increase are as high as nearly 3 times.
But in my opinion, perhaps the highest gold content among them is the performance of the ideal car. Because from the overall sales in February, ideal car is already no.1 among the three car companies; at the same time, the students who contribute this sales data to ideal cars are only ideal ONE. And Nio? The 6,000+ deliveries it achieved in February were the monthly deliveries of ES6, ES8, EC6, and Xiaopeng Motors, which were also the sum of the deliveries of P5, P7 and G3. In contrast, the ideal ONE is obviously a solo battle, and it has also suppressed the other two car companies in terms of sales.
In addition to the remarkable sales volume and market performance, the performance of the ideal car in the field of capital is also good enough. In the statistics as of March 2, the stock price of Ideal Automobile rose by 10.26%, with a market value of HK$250.778 billion, and surpassed Xiaopeng Motors, which is also listed in Hong Kong; including in the US stock market, Ideal Automobile's market value of US$31.451 billion is also higher than Thatpeng Motors.
Then, in the 2021 Q4 financial report data released by Ideal Auto, the fourth quarter revenue of Ideal Auto was 10.62 billion yuan, an increase of 156.1% year-on-year, and achieved the first quarterly revenue of breaking 10 billion, and the company's cash reserves reached 50.16 billion yuan. At the same time, ideal auto's gross profit margin of 22.3% also brought it a net profit of 295.5 million yuan. By the way, the profit is still spent on 1.23 billion yuan of research and development expenses, and has achieved nearly 3 small targets of profitability, in this regard, Weilai may have to serve. So from the perspective of financial situation, ideal car is still very strong.
Of course, to obtain considerable performance in the capital market, it is inevitable that it is inseparable from its own efforts in the market. Regarding the product strength of the ideal ONE, I think there is no need for the author to say too much, such as the big six-seater of this car, NOA navigation assistance, range extender power, etc., which are its core advantages.
In the laying of the offline sales network, Ideal Automobile has opened 220 retail centers and 279 after-sales maintenance centers and sheet metal spray centers nationwide, covering 105 cities and 204 cities. Then to the production capacity, the ideal car is currently with changzhou and Beijing dual plants, with an annual output of up to 700,000 units.
Therefore, from the multiple angles of the ideal car, it is not difficult to see that in the face of the "encirclement and suppression and strong attack" of a number of veteran car companies, the ideal car still relies on the ideal ONE car, which stabilizes sales and capital markets in just a few years, and is also an "outlier". And by continuously increasing the offline sales network and launching new models (the ideal X01 will arrive in the second quarter of this year), I believe that the ideal car will also be expected to achieve higher achievements in the future, we may as well let the bullet fly a little longer.