好的 知名的各位机构投资者我是国海汽车的首席编辑师戴畅非常感谢大家在下午的时间接受到我们的电话会议当中那其实我们在金融财经应该是持续的从七月底以来持续的在开会看好整个北大的反转我们可以看到整个汽车中端上险的数据逐步的在上台阶 从五六月份的下滑到七八月份的同比未证到九月份的接近九点阵阵长再到十月初双位数阵阵长依次的在反映我们的相应的判断今天电话会我们也是两个部分首先有请我们田野资深分析师田野给大家详细分享十月份最新的紧急的情况跟后面的一些展望第二部分由我这边给大家汇报整个系列板块整体的抗动观点和标的推荐首先有请田野好的各位投资人下午好我是广海汽车田野 那刚刚这个戴老师所讲的那十月份的刚刚出的这个上礼拜的上险数啊也就是十月份第二上险数呢是这个非常的超预期啊可以说是大超预期的啊那这个也是我们其实从八月份一直以来呢呃就是 包括已就换新加码之后一直看多7成板块上一周的数据超预期我觉得可能很多人都去问这个因素是什么包括是说是因为基数比较低还是说其他的什么原因上个礼拜的话总量是上显是59.8万同比是39 缓比是50%可以说是增速无论是同比还是缓比都是非常的高无论是同比和缓比其实也反映出一个问题 其实历史的基数可能不一定是比 ...

13 Oct 2024 18:02:52 ET │ 10 pages XPeng (XPEV.N) XPeng incentives updates (Sep version) CITI'S TAKE In Sep-24, XPeng's incentives remained largely stable, with mid-month (13-23 Sep) tactical adjustments due to Mid-Autumn Festival. (1) G6 and G9 saw temporary Rmb5.35k incentives increase on 13-23 Sep, primarily by introducing charging infrastructure benefits. These were later retracted, ending with total incentives of Rmb27.6k (flat MoM); (2) Mona, P5, and P7 maintained stable incentives at Rmb11.3-13.5k, R ...

M Update China Auto Dealers | Asia Pacific October 11, 2024 11:54 AM GMT 0.0 Real-time Feedback from Porsche Dealers While Porsche China demand has not recovered by the first week of October, there is increasing debate whether Porsche dealers like Meidong and Yongda will be benefit or not from China stimulus in the EV era. 3Q24 down 19% YoY: Porsche China sold 13.7k cars in 3Q24, down 19% YoY. Although the decline narrowed from -41% YoY in 2Q24, it was mainly due to base effect, as Porsche China started to ...

各位投资者大家下午好我是开元证券北交所研究中心的总经理朱海斌那么这是我们举办的就是对话北交所高管系列的2024年的第114期 那我们今天非常有幸的是邀请到了天明科技然后天明科技呢是主业是从事脚盘电动踏板等汽车越野改装件的这样一家非常有特色的这个公司那么产品呢主要是用于越野车啊像皮卡SUV等车型 既有很大的海外后装市场也有包括像国内长城的长城炮等等的像坦克系列包括东森我们也看到了其他的新能源车厂也是有仰望一系列的新车型的出现所以其实这是一个非常有蓝海的市场 那么近期的话呢我们也注意到像特斯拉的这个开放日里面也提到像Cybertruck等后续的一系列的这个生产的方案也是给这个未来的这块空间的带来很多想象那我们今天的话呢是非常有幸的是请到了公司的董秘义陈总跟大家一起来交流一下公司的业务产品计划还有木头等等方面的东西 那我们今天的会议会分为两块因为我们也看到今天会议之前有很多新投资人提出了对公司的想法所以我们今天是请陈总准备了一个公司产品的PPT然后也会对这块进行深入的交流 那么第二块的话我们就留下了足够的时间可以跟公司董秘陈总进行业务方面的一个探讨那么主要是这两块的一个内容那么正式开始之前我也稍微介绍一下我们开源证 ...

汽车需求、主机厂销量定期跟踪 20241013 摘要 • 汽车行业需求在 8 月底至 10 月国庆期间表现强劲，9 月销量预计环比增 长近 10%，同比增长约 4%，延续了二季度以来的增长趋势。出口数据也表 现亮眼，8 月创历史新高，预计未来将继续上升。 • 新能源车渗透率持续上升，8 月达到 48.8%，接近 50%。纯电动车和插电 混动车型销量持续增长，预计这一趋势将在 9 月延续。 • 比亚迪、奇瑞和吉利是近期表现最突出的主机厂，其中比亚迪国内零售份 额达 20%，批发份额 17%。自主品牌市场份额持续上升，预计到 2025-2026 年将进一步提升至 80%以上。 • 重卡行业 9 月销量同比下滑 30%左右，主要原因是地方政府以旧换新补贴 细则落地较慢。预计 10 月销量将出现爆发式增长，达到 9 万辆。 • 比亚迪 9 月销量达到 42 万辆，同比增长 46%，出口量也从 6 月的低点回 升至 9 月的 33,000 辆。DN5 系列车型销量占比达 30%，推动了单车毛利和 利润提升。 • 特斯拉近期发布会低于市场预期，引发股价下跌。市场期待的小型车 "Model 2"未被提及，"Robotaxi ...

字幕由Amara.org社区提供 大家好欢迎参加首创汽车汽车板块怎么看这场会议下面开始播报点子声明声明播报完毕后主持人可直接开始发言尊敬的投资者感谢您参加本次会议根据证券期货投资者适当性管理办法本场会议内容请面向首创证券客户中的金融机构专业投资者未经首创证券书面许可本场会议的相关内容包括录音观点 投资者不得以任何形式转发翻版复制刊登发表或引用为内容仅供参考不作为操作建议投资者需自主作出投资决策并自行承担投资风险 各位投资者大家晚上好 我是首创证券分析师岳青慧今天呢给大家讲一下我们现在这个位置上对于汽车板块的机会的看法首先呢就是我们认为汽车在目前这个情况下它的配置机会还是非常大的 首先呢上周呢整个市场就是A股市场的波幅波动是比较大的我们认为呢就像这个脉冲性的行情呢陆续会转入稳健上行的一个行情机会在这个过程中呢就是说具有价值投资或者说成长属性的行业呢可能慢慢的就会被更多的挖掘和关注起来 那么汽车行业不管从价值角度也好,从长期的成长属性来说都是价值机会是比较大的。从几个维度看吧,首先更新一下整个N期度,因为9月份的数据也出来嘛,整个Q3我们行业的一个情况是比较不错的。 第一个情况呢就是讲一下整个销量的情况在整个三季 ...

Battery). October 10, 2024 02:56 AM GMT M Update Autos & Auto Parts | Japan | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Deutsche Bank Research 7T2se3r0Ot6kwoPa Europe Global North America High Yield Corporates Automobiles & Components Relative Value Analysis Table of Exhibits: n Figure 1: Relative Value Charts n Figure 2: Net leverage (risk) vs. OAS (returns) n Figure 3: OAS per turn of net leverage (bp) n Figure 4: LTV (%) Industry Automotive Suppliers Date 10 October 2024 Sean-M Wondrack Research Analyst +1-212-250-8980 Distributed on: 10/10/2024 19:17:17 GMT Deutsche Bank Securities Inc. IMPORTANT RESEARCH DISCLOSURES AND ...

Investment Rating - The investment rating for Will Semiconductor Co Ltd is Overweight (OW) [4][3]. Core Viewpoints - Will Semiconductor reported solid earnings growth for 3Q24, with a preliminary net income range of Rmb0.9-1.1 billion, indicating a 24% quarter-over-quarter increase at the mid-point [2]. - The revenue for 3Q24 is estimated to be between Rmb6.65-6.9 billion, reflecting a 5% quarter-over-quarter growth, attributed to the rising adoption of high-end smartphone camera image sensors (CIS) and increased penetration in automotive CIS [2][3]. - The company is expected to further expand its market share in the smartphone and automotive CIS sectors, with anticipated improvements in margins and earnings due to a better product mix [3]. Financial Metrics Summary - Price Target: Rmb120.00 [4] - Current Share Price (as of October 9, 2024): Rmb115.48 [4] - Market Capitalization: Rmb140.32 billion [4] - Revenue Forecasts: - FY 2023: Rmb21.021 billion - FY 2024e: Rmb26.184 billion - FY 2025e: Rmb31.800 billion - FY 2026e: Rmb35.385 billion [4] - EPS Forecasts: - FY 2023: Rmb0.47 - FY 2024e: Rmb2.65 - FY 2025e: Rmb3.93 - FY 2026e: Rmb4.50 [4] - EBITDA Forecasts: - FY 2023: Rmb2.281 billion - FY 2024e: Rmb4.389 billion - FY 2025e: Rmb6.401 billion - FY 2026e: Rmb7.293 billion [4] - P/E Ratio: - FY 2023: 228.5 - FY 2024e: 43.6 - FY 2025e: 29.4 - FY 2026e: 25.7 [4] - ROE: - FY 2023: 3.1% - FY 2024e: 15.0% - FY 2025e: 19.4% - FY 2026e: 19.0% [4]

Investment Rating - The investment rating for XPeng Inc. is "Overweight" [6] - The industry view is "In-Line" [6] Core Insights - XPeng has unveiled the P7+, a new C-segment coupé, which is expected to be a significant volume driver for Q4 2024 and 2025 [2][3] - The P7+ features a spacious interior comparable to an SUV and comfort akin to an MPV, with a length of over 5 meters [3] - Management anticipates total sales volume could reach 25,000 to 30,000 units in December 2024, driven by the P7+ and MONA M03 models [4] - The P7+ is projected to achieve a 25% reduction in Bill of Materials (BOM) costs and 50% savings in Advanced Driver Assistance Systems (ADAS) hardware costs [4] - XPeng's share price has increased by 56% over the past month, outperforming the Hang Seng Index [5] Summary by Sections Product Launch and Features - The P7+ is designed to target family users, differentiating it from the more versatile and sporty P7i [3] - The model will adopt XPeng's latest AI Tianji XOS 5.4.0 system, enhancing its smart cockpit and AD features [4] Sales and Market Performance - XPeng has begun production of the P7+ ahead of its launch to ensure a smooth delivery ramp-up [4] - The company has seen solid order intake for the MONA M03, with over 10,000 units delivered within the first month of its launch [4] Financial Projections - Revenue projections for XPeng indicate a net revenue of Rmb30,676 million for FY 2023, with expected growth to Rmb57,269 million by FY 2025 [6] - The company is expected to continue facing cash flow pressures with lower profitability, as indicated by projected EPS losses [6]