In April, the delivery volume of new car-making forces fell collectively from the previous month
Recently, new car-making forces have successively released the delivery data in April. Affected by the epidemic and supply chain in April, factories and supply chains in many places were shut down, and the delivery volume of the five new car-making forces declined month-on-month, and the delivery volume did not exceed 10,000, and the data of Weilai Automobile and Ideal Automobile fell sharply year-on-year.
Zero-run cars increased by more than 200% year-on-year for 13 consecutive months, following the first delivery volume of march sales of more than 10,000, zero-running cars delivered 9,087 vehicles in April, an increase of 228% year-on-year, with a slight advantage over Xiaopeng Automobile, for the first time to win the first place in the monthly delivery volume of new car-making forces. The A00-class pure electric vehicle zero-run T03 with a price of 70,000-80,000 yuan has become the main sales force. From January to April this year, the cumulative delivery of zero-run cars exceeded 30,000.
In contrast, the situation of Weilai, Ideal and Xiaopeng was significantly dragged down by the supply chain, and the three companies all appeared to be cut off. In April this year, Xiaopeng Automobile's delivery volume fell by 41.60% month-on-month, and Weilai delivered 5,074 new cars in April, down 49.18% month-on-month. Ideal Cars delivered only 4,167 units in April, ranking at the bottom, down 62.23% month-on-month.
In response to the decline in deliveries, Shen Yanan, co-founder and president of Ideal Automobile, said that since the end of March, the epidemic in the Yangtze River Delta has rebounded, and the supply chain, logistics and production of the entire industry have been disrupted. Ideal Auto's Changzhou base is located in the center of the Yangtze River Delta, and more than 80% of Ideal Auto's parts suppliers are distributed in the Yangtze River Delta region, and a large part of them are located in Shanghai and Kunshan, Jiangsu Province. Affected by the epidemic in the Yangtze River Delta, some suppliers located in Shanghai and Kunshan, Jiangsu and other regions were unable to supply, and some suppliers even completely stopped work and operation, resulting in the inability to continue to maintain production after the existing parts inventory was digested, which had a great impact on the production of Ideal Automobile in April, resulting in the delay in the delivery of new cars for some users.
The growth rate of the automobile market may be lower than the forecast at the beginning of the year
The Association of Passenger Transporters recently issued a document saying that April of the calendar year is the golden period for the listing of new cars, and the listing of blockbuster new products in March and April has promoted great market popularity and manufacturers' sales, but this year's manufacturers' new product listing rhythm is facing a comprehensive adjustment, which will bring certain losses.
At present, the retail targets of major manufacturers have fallen sharply year-on-year, and Xu Haidong, deputy chief engineer of the China Association of Automobile Manufacturers, believes that the overall judgment of the expectations of the automobile market in 2022 may not reach the 5% growth rate predicted by the China Automobile Association at the beginning of this year, and the chip shortage will still have a continuous impact, which may have a certain impact on the supply of mainland independent brands and the entire automobile market.
In response to the supply chain pressure caused by the epidemic, on April 29, the Ministry of Industry and Information Technology said that in order to ensure the stable growth of the industrial economy, it will further ensure the stable production of key industrial enterprises, ensure the stable operation of key industries, and ensure the smooth circulation of industries in key regions.
The performance of 3 new energy vehicle concept stocks in the first quarter doubled by more than 2 times
Since the beginning of this year, the stock prices of the new car-making forces in Chinese stocks have declined as a whole, and Xiaopeng Automobile has fallen by 49.51% during the year, Weilai has fallen by 44.82%, and Ideal Automobile has fallen by 27.32%.
According to the statistics of Securities Times and Data Treasure, there are 19 listed companies in the A-share new energy vehicle, with a total market value of 1.43 trillion yuan.
BYD's latest market value is 658.952 billion yuan, ranking first in market value. In the first quarter of 2022, the company sold 291,400 vehicles, of which 286,000 new energy passenger cars were sold, accounting for about 26.7% of the domestic new energy passenger car market share, ranking first for four consecutive quarters. On April 3, the company announced the suspension of production of fuel vehicles, fully focusing on the field of new energy vehicles, and accelerating the layout of pure electric and hybrid models.
So far this year, the stock prices of 19 concept stocks have fallen by an average of 28.69%, outperforming the broader market. Jianghuai Automobile and Great Wall Motor fell by 54.37% and 48.87% respectively during the year. If you look at the retracement of the latest price compared with the high point of 2021, the stock prices of 11 shares such as Beiqi Blue Valley, Great Wall Motor, Jianghuai Automobile, Yutong Bus, Jiangling Motors, and Changan Automobile have all retracted by more than 50%.
In terms of first-quarter performance, sachinia, Changan Automobile, GAC group and Great Wall Motor all had a net profit attributable to the mother in the first quarter of more than 1 billion yuan. The net profit of Changan Automobile, BYD and Lifan Technology in the first quarter increased by more than 2 times year-on-year.
In the week before the holiday, seven new energy vehicle concept stocks, including Changan Automobile, SAIC Motor, GUANGZHOUC Group and FAW Jiefang, received net purchases from northbound funds, while BYD and Great Wall Motors received net purchases of northbound funds of 444 million yuan and 101 million yuan respectively.
Great Wall Motor, BYD, GAC Group, SAIC Motor have obtained more than 10 institutional ratings, of which Great Wall Motor has the largest number of institutional ratings, reaching 36, Minsheng Securities said that as of the first quarter of 2022, the cumulative sales of Great Wall Motors Tank 300 exceeded 110,000, and the cumulative sales of Euler Good Cat exceeded 19,500 units, a year-on-year increase of 240%, thanks to the hot sales of high-priced models such as Tank 300 and Haval Divine Beast, the company's sales structure was further improved. In the first quarter of 2022, the bicycle revenue reached 118,600 yuan, an increase of 29.12% year-on-year, and the bicycle profit increased by 19.10% year-on-year. The company's global layout has accelerated, and it has taken over the plant in Iracemapolis, Brazil, and is expected to start production in 2023.
Wanlian Securities said that the regional epidemic has led to limited supply of the new energy vehicle industry chain, and the price of superimposed raw materials is high, and the new energy automobile industry will be greatly affected in the short term. However, at present, the demand for new energy vehicles has not been significantly affected, the penetration rate of electric vehicles continues to increase, and with the resumption of work and production of the industrial chain, it is expected that the industry is expected to marginally improve. (Data Treasure Guo Jie)
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