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泥泞之后花开满地
10-28
我平仓了28620.0股
$嘉楠科技(CAN)$
,来看看我最新分享的订单!
泥泞之后花开满地
10-23
$嘉楠科技(CAN)$
川普概念,比特币矿机中概股。有没有机会炒作下?
泥泞之后花开满地
10-18
$嘉楠科技(CAN)$
随便瞎胡扯,图形画得高超,配置一点点当做是川普交易了。
泥泞之后花开满地
07-01
干上7块,迎接乐道,话说高端纯电,又有换电,独一份
泥泞之后花开满地
07-01
$蔚来(NIO)$
这个6月交付开挂有点。。。还伴随乐道没上市。。。我蔚高端纯电一哥
泥泞之后花开满地
06-12
靴子落地,对蔚来没啥影响,对比亚迪有点影响
欧盟宣布将在7月初对自中国进口的电动汽车加征关税
泥泞之后花开满地
06-12
$蔚来(NIO)$
蔚来车有三只脚,一只蔚来,一只乐道,还有一只就是萤火虫。同时能源版块铸造了自己的护城河。 2019年蔚来危,2024年又是一个低点,5年一个轮回,从今年底到明年将会越来越好。 欧盟关税与否并不重要,毕竟也就4000多台车, 同时布局欧洲让我们看到蔚来的软硬实力,就当是广告了。 乐道以及明年初的萤火虫,希望蔚来打一个漂亮的翻身仗。同时希望蔚来注重股东回报,相信会有的。
泥泞之后花开满地
06-12
纯电的转换,或许不久就要到来
泥泞之后花开满地
06-11
$蔚来(NIO)$
混动,增程,卖得越多越好因为这都是培养纯电的基础。
泥泞之后花开满地
06-07
拐点的预测很难的,但若准了,那就是一个底部区域。
NIO Below $5: Investors Seem Way Too Bearish
泥泞之后花开满地
05-30
$Faraday Future(FFIE)$
选择相信也是因为赌,选择不信,那是因为受伤了。不评论人,只看公司的ceo变动,以及当时极度看好的陈雪峰,现在的ff更像是一个赌博的工具。车生产不了,因为供应链中国最完全,塔尖,极奢,太过浮夸了。不否认贾的远见,乐视,版权,生态等。但ff到现在,生产地方选错了,硬伤。
泥泞之后花开满地
05-07
交付时间太晚,要像小米学习,发布马上交付
泥泞之后花开满地
04-08
牛
我给B站出一个赚钱的主意
泥泞之后花开满地
2023-01-30
$Faraday Future(FFIE)$
现在啥都有,就差量产了,这个就有意思了。中东的富豪有没有相中的?
泥泞之后花开满地
2022-06-28
牛逼牛逼,这个做空机构估计亏钱亏傻了吧
蔚来盘中“跳水”,有做空机构指其夸大部分财务数据
泥泞之后花开满地
2022-06-09
$先瑞达医疗-B(06669)$
耐心等待,持股。
泥泞之后花开满地
2022-06-09
的确蛮不错
商业化加速收入增至3.04亿元,先瑞达医疗-B(06669)将迎长期价值释放
泥泞之后花开满地
2022-03-25
目标价给100吧[捂脸] [捂脸] [捂脸]
【券商聚焦】花旗:维持蔚来(NIO)买入评级 目标价87美元
泥泞之后花开满地
2022-03-25
$英伟达(NVDA)$
牛是你牛,
$箩筐技术(LKCO)$
了解下,希望你们能有合作。
泥泞之后花开满地
2022-01-26
$哔哩哔哩(BILI)$
啥时候能有个像样的筑底和企稳。[流泪]
去老虎APP查看更多动态
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href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$ </a> 这个6月交付开挂有点。。。还伴随乐道没上市。。。我蔚高端纯电一哥","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$ </a> 这个6月交付开挂有点。。。还伴随乐道没上市。。。我蔚高端纯电一哥","text":"$蔚来(NIO)$ 这个6月交付开挂有点。。。还伴随乐道没上市。。。我蔚高端纯电一哥","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322868043255968","isVote":1,"tweetType":1,"viewCount":886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":316065838833720,"gmtCreate":1718190903277,"gmtModify":1718190905376,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"靴子落地,对蔚来没啥影响,对比亚迪有点影响","listText":"靴子落地,对蔚来没啥影响,对比亚迪有点影响","text":"靴子落地,对蔚来没啥影响,对比亚迪有点影响","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/316065838833720","repostId":"1100658413","repostType":2,"repost":{"id":"1100658413","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1718187726,"share":"https://www.laohu8.com/m/news/1100658413?lang=&edition=full","pubTime":"2024-06-12 18:22","market":"hk","language":"zh","title":"欧盟宣布将在7月初对自中国进口的电动汽车加征关税","url":"https://stock-news.laohu8.com/highlight/detail?id=1100658413","media":"老虎资讯综合","summary":"6月12日,中概新能源汽车股盘前走低,$蔚来$跌超3%,$理想汽车$跌超2%;消息面:欧盟宣布将在7月初对自中国进口的电动汽车加征关税,中方已表示将采取措施维权。欧盟将从下个月起对自中国进口的电动汽车最高加征38.1%的额外关税。12日早些时候,中国外交部发言人林剑在回应有关欧盟将从下月起对从中国进口的电动汽车征收关税一事时表示,中方已多次阐明了有关立场,这起反补贴调查是典型的保护主义。","content":"<html><head></head><body><p>6月12日,中概新能源汽车股盘前走低,<a href=\"https://laohu8.com/S/NIO\">蔚来</a>跌超3%,<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超2%;消息面:欧盟宣布将在7月初对自中国进口的电动汽车加征关税,中方已表示将采取措施维权。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e9cb0727f8a41c7ac36f647a6bb98b3\" title=\"\" tg-width=\"408\" tg-height=\"135\"/></p><p>欧盟将从下个月起对自中国进口的电动汽车最高加征38.1%的额外关税。欧盟委员会6月12日发布公告称,如无法与中方达成解决方案,加征关税将于7月4日左右实施。欧盟委员会表示,对比亚迪、吉利汽车和上汽集团将分别加征17.4%、20%和38.1%的关税;对其它制造商将征收21%的关税;进口自中国的特斯拉汽车可能适用单独的税率。</p><p style=\"text-align: justify;\">12日早些时候,中国外交部发言人林剑在回应有关欧盟将从下月起对从中国进口的电动汽车征收关税一事时表示,中方已多次阐明了有关立场,这起反补贴调查是典型的保护主义。欧方以此为由对自中国进口的电动汽车加征关税,违背市场经济原则和国际贸易规则,损害中欧经贸合作和全球汽车产供链的稳定,最终也会损害欧洲自身的利益。</p><p style=\"text-align: justify;\">“我们注意到近段时间欧洲多个国家政要,业界的代表对欧委会的调查表达了反对意见,认为通过对中国电动汽车加税来试图保护欧洲产业是错误的方法,保护主义没有前途,开放合作才是正道。”林剑说。“我们敦促欧方恪守支持自由贸易,反对保护主义的承诺,同中方一道维护好中欧经贸合作大局。中方将采取一切必要措施,坚定维护自身合法权益。”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>欧盟宣布将在7月初对自中国进口的电动汽车加征关税</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n欧盟宣布将在7月初对自中国进口的电动汽车加征关税\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2024-06-12 18:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>6月12日,中概新能源汽车股盘前走低,<a href=\"https://laohu8.com/S/NIO\">蔚来</a>跌超3%,<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超2%;消息面:欧盟宣布将在7月初对自中国进口的电动汽车加征关税,中方已表示将采取措施维权。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e9cb0727f8a41c7ac36f647a6bb98b3\" title=\"\" tg-width=\"408\" tg-height=\"135\"/></p><p>欧盟将从下个月起对自中国进口的电动汽车最高加征38.1%的额外关税。欧盟委员会6月12日发布公告称,如无法与中方达成解决方案,加征关税将于7月4日左右实施。欧盟委员会表示,对比亚迪、吉利汽车和上汽集团将分别加征17.4%、20%和38.1%的关税;对其它制造商将征收21%的关税;进口自中国的特斯拉汽车可能适用单独的税率。</p><p style=\"text-align: justify;\">12日早些时候,中国外交部发言人林剑在回应有关欧盟将从下月起对从中国进口的电动汽车征收关税一事时表示,中方已多次阐明了有关立场,这起反补贴调查是典型的保护主义。欧方以此为由对自中国进口的电动汽车加征关税,违背市场经济原则和国际贸易规则,损害中欧经贸合作和全球汽车产供链的稳定,最终也会损害欧洲自身的利益。</p><p style=\"text-align: justify;\">“我们注意到近段时间欧洲多个国家政要,业界的代表对欧委会的调查表达了反对意见,认为通过对中国电动汽车加税来试图保护欧洲产业是错误的方法,保护主义没有前途,开放合作才是正道。”林剑说。“我们敦促欧方恪守支持自由贸易,反对保护主义的承诺,同中方一道维护好中欧经贸合作大局。中方将采取一切必要措施,坚定维护自身合法权益。”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a530a2a17bc301499c9e286759c5657e","relate_stocks":{"LI":"理想汽车","XPEV":"小鹏汽车","09868":"小鹏汽车-W","BK4527":"明星科技股","09866":"蔚来-SW","02015":"理想汽车-W","BK4526":"热门中概股","BK4503":"景林资产持仓","BK1521":"挪威政府全球养老基金持仓","002594":"比亚迪","BK4505":"高瓴资本持仓","01211":"比亚迪股份","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","NIO":"蔚来","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100658413","content_text":"6月12日,中概新能源汽车股盘前走低,蔚来跌超3%,理想汽车跌超2%;消息面:欧盟宣布将在7月初对自中国进口的电动汽车加征关税,中方已表示将采取措施维权。欧盟将从下个月起对自中国进口的电动汽车最高加征38.1%的额外关税。欧盟委员会6月12日发布公告称,如无法与中方达成解决方案,加征关税将于7月4日左右实施。欧盟委员会表示,对比亚迪、吉利汽车和上汽集团将分别加征17.4%、20%和38.1%的关税;对其它制造商将征收21%的关税;进口自中国的特斯拉汽车可能适用单独的税率。12日早些时候,中国外交部发言人林剑在回应有关欧盟将从下月起对从中国进口的电动汽车征收关税一事时表示,中方已多次阐明了有关立场,这起反补贴调查是典型的保护主义。欧方以此为由对自中国进口的电动汽车加征关税,违背市场经济原则和国际贸易规则,损害中欧经贸合作和全球汽车产供链的稳定,最终也会损害欧洲自身的利益。“我们注意到近段时间欧洲多个国家政要,业界的代表对欧委会的调查表达了反对意见,认为通过对中国电动汽车加税来试图保护欧洲产业是错误的方法,保护主义没有前途,开放合作才是正道。”林剑说。“我们敦促欧方恪守支持自由贸易,反对保护主义的承诺,同中方一道维护好中欧经贸合作大局。中方将采取一切必要措施,坚定维护自身合法权益。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3554955583528736","authorId":"3554955583528736","name":"Jeremy_1092","avatar":"https://static.tigerbbs.com/f04ed86a42fa7c7aa67c0f426a8a723e","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3554955583528736","idStr":"3554955583528736"},"content":"原文没看到?“对其它制造商将征收21%的关税”","text":"原文没看到?“对其它制造商将征收21%的关税”","html":"原文没看到?“对其它制造商将征收21%的关税”"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":316044450812184,"gmtCreate":1718185696358,"gmtModify":1718185724082,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$ </a>混动,增程,卖得越多越好因为这都是培养纯电的基础。","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$ </a>混动,增程,卖得越多越好因为这都是培养纯电的基础。","text":"$蔚来(NIO)$ 混动,增程,卖得越多越好因为这都是培养纯电的基础。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/315685083537480","isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":314311962099976,"gmtCreate":1717767642035,"gmtModify":1717767644233,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"拐点的预测很难的,但若准了,那就是一个底部区域。","listText":"拐点的预测很难的,但若准了,那就是一个底部区域。","text":"拐点的预测很难的,但若准了,那就是一个底部区域。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/314311962099976","repostId":"2441059256","repostType":2,"repost":{"id":"2441059256","pubTimestamp":1717836507,"share":"https://www.laohu8.com/m/news/2441059256?lang=&edition=full","pubTime":"2024-06-08 16:48","market":"fut","language":"en","title":"NIO Below $5: Investors Seem Way Too Bearish","url":"https://stock-news.laohu8.com/highlight/detail?id=2441059256","media":"seekingalpha","summary":"NIO's Q1 earnings showed improved vehicle margins and a strong forecast for Q2 deliveries, leading to a positive outlook for the firm's shares.The launch of NIO's new low-cost EV brand, ONVO, represen","content":"<html><head></head><body><ul style=\"\"><li><p>NIO's Q1 earnings showed improved vehicle margins and a strong forecast for Q2 deliveries, leading to a positive outlook for the firm's shares.</p></li><li><p>The launch of NIO's new low-cost EV brand, ONVO, represents an opportunity for the company to attack Tesla in China, but also poses risks to the company's margin trend.</p></li><li><p>NIO has the second-highest vehicle margins, after Li Auto.</p></li><li><p>The Company has a low price-to-revenue ratio and upside catalysts (profit improvement, ONVO launch, growing vehicle margins).</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e9f97d77afc55629dc80b54e0d1af071\" tg-width=\"750\" tg-height=\"500\"/></p><p>Robert Way/iStock Editorial via Getty Images</p><p></p><p>Electric vehicle start-up NIO (NYSE:NIO) submitted a mixed earnings sheet for the first fiscal quarter on Thursday that thankfully showed a continual trend of vehicle margin improvements. NIO's share price nonetheless dropped 7% after the Q1'24 earnings report, largely due to persistently high losses. NIO also announced the launch of a new, low-cost electric vehicle brand recently in a bid to attack the low-cost EV market segment and challenge Tesla's (TSLA) Model Y. I believe NIO still deserves the benefit of the doubt and since deliveries are roaring back in the second-quarter, the risk profile remains skewed to the upside, especially with the kind of valuation that NIO now offers EV investors.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f4860496a35403a90a8553b59661b450\" tg-width=\"635\" tg-height=\"456\"/></p><p>Data by YCharts</p><p></p><h2 id=\"id_4132377136\">Previous rating</h2><p>My last rating (March 2024) on shares of NIO was strong buy because I saw a positive risk profile related to the company's valuation. Since then, shares have declined approximately 13%, largely because investors appear too bearish. NIO's deliveries expectedly dipped in the first-quarter due to seasonal effects (and so do the deliveries of other China-focused EV start-ups) which sometimes can take a toll on investor sentiment. However, NIO's electric vehicle margins continued to improve in the first-quarter and the company's deliveries are set for a bounce-back quarter in Q2'24. Additionally, NIO just announced the kick-off of a new EV brand, ONVO, which is meant to create a challenge for Tesla's widely popular Model Y.</p><h2 id=\"id_3735402886\">Improving vehicle margin trend for NIO</h2><p>The biggest take-away from NIO's first fiscal quarter earnings report card was that the electric vehicle start-up successfully managed to improve its margin picture. NIO's vehicle margins improved to 9.2% in Q1'24, showing 4.1 PP expansion on a year-over-year basis. NIO's vehicle margins dropped Q/Q due to increased promotional events.</p><p>XPeng (XPEV), as an example, improved its vehicle margins 8.0 PP to 5.5% in Q1'24. So while XPeng's margin improvement was bigger than NIO's in percentage terms, NIO still has higher vehicle margins than XPeng (due to the EV company posting negative margins in the last year). Li Auto (LI) is still stealing the show here and had vehicle margins of 19.8% in Q1'24, although the EV firm reported a 0.5 PP Y/Y decline in margins. Li Auto's vehicle margins were therefore more than double NIO's margins, and it is the main reason why I believe Li Auto remains the most attractive Chinese EV start-up for investors to invest in right now.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a877e36d5f0b7216ecc3078470e8f32b\" tg-width=\"640\" tg-height=\"216\"/></p><p>NIO</p><p></p><p>With delivery growth broadly slowing last year, investors have become more focused on profitability, and margins tend to be a great way to judge improvements in this regard. From this point of view, NIO did quite well in Q1'24, although the company's large net loss of 5.2B Chinese Yuan ($718.1M) which increased 10% to the year-earlier period. Because investors are more focused on costs now than a year ago and NIO continues to post large net losses, shares of NIO slumped 7% after earnings... which I consider to be a buying opportunity, largely because the delivery picture is improving.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/11fe6b413fd723e2e6ea4b246ffd21c9\" tg-width=\"640\" tg-height=\"364\"/></p><p>NIO</p><p></p><p>NIO delivered 30,053 electric vehicles in the first-quarter, but the company is seeing very encouraging momentum so far in Q2'24. First-quarter delivery volumes in China tend to decline drastically due to the inclusion of Chinese New Year holidays. However, second-quarter delivery volumes typically bounce back quick and hard: in the first two months of the second fiscal quarter, as an example, NIO already delivered 36,164 electric vehicles which is already 20% more than in the entire first-quarter. The company's delivery guidance for Q2'24 calls for 54-56k deliveries, implying up to 138% year-over-year growth.</p><h2 id=\"id_3882034590\">Launch of EV spin-off brand ONVO</h2><p>NIO announced the launch of a new electric vehicle brand named ONVO last month, which is meant to consolidate the company's attempts to challenge the position of the Tesla Model Y in China. The brand's first model, the ONVO L60, is a mid-size sport utility vehicle that is meant to target families and have mass market appeal. Deliveries for the ONVO L60 are set to start in Q3'24 and any disclosures of reservation numbers for this EV model could be a positive catalyst for NIO's shares.</p><p>The ONVO L60 is set to debut with a price tag of $30k which would make it about $10k cheaper than the Tesla Model Y. I believe the launch of the spin-off brand is a positive development for NIO although the ONVO brand also poses a significant risk for the EV start-up: with vehicle margins just rebounding, it is a big risk for NIO to launch a low-cost EV brand to consolidate its efforts to target the mass market as it could have negative consequences for the company's vehicle margin trend. Therefore, the vehicle margin trend for NIO will remain the most important KPI going forward, in my opinion.</p><h2 id=\"id_3372386272\">NIO's valuation reflects deep investor pessimism</h2><p>I believe NIO and Li Auto are the two EV start-up companies that are the most attractive for investors. This is because Li Auto is growing the fastest and is posting vehicle margins around the 20% mark, which is more than double what NIO achieved in the first-quarter and almost four times of what XPeng achieved in Q1'24.</p><p>Li Auto is not only growing the fastest, but is also already profitable and has the lowest price-to-revenue ratio... which I believe is completely undeserved. NIO is currently trading at a price-to-revenues ratio -- which I have to use for comparison purposes since only Li Auto is currently already profitable on a net income basis -- of 0.76X, which is way below the longer term (3-year) average P/S ratio of 4.45X.</p><p>In my last work on NIO, I said that the EV maker could have a fair value of $10.80 per-share if shares revalued only to their 1-year P/S ratio... which has since further risen to 1.40X. In my opinion, the reason for this is that investors have soured on the EV sector more broadly due to reports about waning electric vehicle demand, and especially on those EV firms that are not yet profitable.</p><p>However, NIO is seeing strong growth in margins and deliveries, so I believe NIO does have a lot of revaluation potential. If NIO executes well, defends its vehicle margins and continues to grow its deliveries in FY 2024 (first-half FY 2024 actuals + Q2'24 forecast imply an annual 170k+ delivery volume on a full-year basis), I believe NIO could revalue to its 1-year average P/S ratio of 1.4X which implies a fair value in the neighborhood of $9.30 per-share.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5a5cd4afbd52eda707b2616f36e58b63\" tg-width=\"635\" tg-height=\"559\"/></p><p>Data by YCharts</p><p></p><h2 id=\"id_3391514567\">Risks with NIO</h2><p>I see certain risks with NIO continuing to post high net losses, especially now that investors are more focused on profitability than mere growth. There are also risks regarding the launch of a new, lost-cost EV brand, which could add new margin pressures for NIO going forward. This launch also comes at a time at which the electric vehicle start-up is not yet achieving a baseline of profitability. What would change my mind about NIO is if the company were to see a decline in its vehicle margins specifically or suffered slowing delivery growth.</p><h2 id=\"id_1331419800\">Final thoughts</h2><p>NIO did a great job in growing its vehicle margins in the first fiscal quarter, which has been a point of contention for investors for a long time. Compared to rivals in the start-up industry, NIO has now the second-highest vehicle margins after Li Auto. XPeng is still hanging a bit behind, but has also recently seen some upside momentum in vehicle margins. I have mixed feelings about NIO's launch of its low-cost, mass market EV brand ONVO which appears set to increase margin pressures just at a time when they are recovering. The outlook for the second-quarter, in terms of deliveries, confirmed my earlier suspicions that NIO was set for a strong Q2 delivery rebound. What sustains my strong buy rating here is that NIO is trading at a very attractive valuation, from a price-to-revenue point of view, and I believe that investors are too bearish. Overall, I believe the positives outweighed the negatives with regard to NIO's earnings report for Q1'24, and I especially like the change in the vehicle margin trajectory!</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Below $5: Investors Seem Way Too Bearish</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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NIO's share price nonetheless dropped 7% after the Q1'24 earnings report, largely due to persistently high losses. NIO also announced the launch of a new, low-cost electric vehicle brand recently in a bid to attack the low-cost EV market segment and challenge Tesla's (TSLA) Model Y. I believe NIO still deserves the benefit of the doubt and since deliveries are roaring back in the second-quarter, the risk profile remains skewed to the upside, especially with the kind of valuation that NIO now offers EV investors.Data by YChartsPrevious ratingMy last rating (March 2024) on shares of NIO was strong buy because I saw a positive risk profile related to the company's valuation. Since then, shares have declined approximately 13%, largely because investors appear too bearish. NIO's deliveries expectedly dipped in the first-quarter due to seasonal effects (and so do the deliveries of other China-focused EV start-ups) which sometimes can take a toll on investor sentiment. However, NIO's electric vehicle margins continued to improve in the first-quarter and the company's deliveries are set for a bounce-back quarter in Q2'24. Additionally, NIO just announced the kick-off of a new EV brand, ONVO, which is meant to create a challenge for Tesla's widely popular Model Y.Improving vehicle margin trend for NIOThe biggest take-away from NIO's first fiscal quarter earnings report card was that the electric vehicle start-up successfully managed to improve its margin picture. NIO's vehicle margins improved to 9.2% in Q1'24, showing 4.1 PP expansion on a year-over-year basis. NIO's vehicle margins dropped Q/Q due to increased promotional events.XPeng (XPEV), as an example, improved its vehicle margins 8.0 PP to 5.5% in Q1'24. So while XPeng's margin improvement was bigger than NIO's in percentage terms, NIO still has higher vehicle margins than XPeng (due to the EV company posting negative margins in the last year). Li Auto (LI) is still stealing the show here and had vehicle margins of 19.8% in Q1'24, although the EV firm reported a 0.5 PP Y/Y decline in margins. Li Auto's vehicle margins were therefore more than double NIO's margins, and it is the main reason why I believe Li Auto remains the most attractive Chinese EV start-up for investors to invest in right now.NIOWith delivery growth broadly slowing last year, investors have become more focused on profitability, and margins tend to be a great way to judge improvements in this regard. From this point of view, NIO did quite well in Q1'24, although the company's large net loss of 5.2B Chinese Yuan ($718.1M) which increased 10% to the year-earlier period. Because investors are more focused on costs now than a year ago and NIO continues to post large net losses, shares of NIO slumped 7% after earnings... which I consider to be a buying opportunity, largely because the delivery picture is improving.NIONIO delivered 30,053 electric vehicles in the first-quarter, but the company is seeing very encouraging momentum so far in Q2'24. First-quarter delivery volumes in China tend to decline drastically due to the inclusion of Chinese New Year holidays. However, second-quarter delivery volumes typically bounce back quick and hard: in the first two months of the second fiscal quarter, as an example, NIO already delivered 36,164 electric vehicles which is already 20% more than in the entire first-quarter. The company's delivery guidance for Q2'24 calls for 54-56k deliveries, implying up to 138% year-over-year growth.Launch of EV spin-off brand ONVONIO announced the launch of a new electric vehicle brand named ONVO last month, which is meant to consolidate the company's attempts to challenge the position of the Tesla Model Y in China. The brand's first model, the ONVO L60, is a mid-size sport utility vehicle that is meant to target families and have mass market appeal. Deliveries for the ONVO L60 are set to start in Q3'24 and any disclosures of reservation numbers for this EV model could be a positive catalyst for NIO's shares.The ONVO L60 is set to debut with a price tag of $30k which would make it about $10k cheaper than the Tesla Model Y. I believe the launch of the spin-off brand is a positive development for NIO although the ONVO brand also poses a significant risk for the EV start-up: with vehicle margins just rebounding, it is a big risk for NIO to launch a low-cost EV brand to consolidate its efforts to target the mass market as it could have negative consequences for the company's vehicle margin trend. Therefore, the vehicle margin trend for NIO will remain the most important KPI going forward, in my opinion.NIO's valuation reflects deep investor pessimismI believe NIO and Li Auto are the two EV start-up companies that are the most attractive for investors. This is because Li Auto is growing the fastest and is posting vehicle margins around the 20% mark, which is more than double what NIO achieved in the first-quarter and almost four times of what XPeng achieved in Q1'24.Li Auto is not only growing the fastest, but is also already profitable and has the lowest price-to-revenue ratio... which I believe is completely undeserved. NIO is currently trading at a price-to-revenues ratio -- which I have to use for comparison purposes since only Li Auto is currently already profitable on a net income basis -- of 0.76X, which is way below the longer term (3-year) average P/S ratio of 4.45X.In my last work on NIO, I said that the EV maker could have a fair value of $10.80 per-share if shares revalued only to their 1-year P/S ratio... which has since further risen to 1.40X. In my opinion, the reason for this is that investors have soured on the EV sector more broadly due to reports about waning electric vehicle demand, and especially on those EV firms that are not yet profitable.However, NIO is seeing strong growth in margins and deliveries, so I believe NIO does have a lot of revaluation potential. If NIO executes well, defends its vehicle margins and continues to grow its deliveries in FY 2024 (first-half FY 2024 actuals + Q2'24 forecast imply an annual 170k+ delivery volume on a full-year basis), I believe NIO could revalue to its 1-year average P/S ratio of 1.4X which implies a fair value in the neighborhood of $9.30 per-share.Data by YChartsRisks with NIOI see certain risks with NIO continuing to post high net losses, especially now that investors are more focused on profitability than mere growth. There are also risks regarding the launch of a new, lost-cost EV brand, which could add new margin pressures for NIO going forward. This launch also comes at a time at which the electric vehicle start-up is not yet achieving a baseline of profitability. What would change my mind about NIO is if the company were to see a decline in its vehicle margins specifically or suffered slowing delivery growth.Final thoughtsNIO did a great job in growing its vehicle margins in the first fiscal quarter, which has been a point of contention for investors for a long time. Compared to rivals in the start-up industry, NIO has now the second-highest vehicle margins after Li Auto. XPeng is still hanging a bit behind, but has also recently seen some upside momentum in vehicle margins. I have mixed feelings about NIO's launch of its low-cost, mass market EV brand ONVO which appears set to increase margin pressures just at a time when they are recovering. The outlook for the second-quarter, in terms of deliveries, confirmed my earlier suspicions that NIO was set for a strong Q2 delivery rebound. What sustains my strong buy rating here is that NIO is trading at a very attractive valuation, from a price-to-revenue point of view, and I believe that investors are too bearish. Overall, I believe the positives outweighed the negatives with regard to NIO's earnings report for Q1'24, and I especially like the change in the vehicle margin trajectory!","news_type":1},"isVote":1,"tweetType":1,"viewCount":684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":311511041708096,"gmtCreate":1717078702866,"gmtModify":1717080642545,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ </a>选择相信也是因为赌,选择不信,那是因为受伤了。不评论人,只看公司的ceo变动,以及当时极度看好的陈雪峰,现在的ff更像是一个赌博的工具。车生产不了,因为供应链中国最完全,塔尖,极奢,太过浮夸了。不否认贾的远见,乐视,版权,生态等。但ff到现在,生产地方选错了,硬伤。","listText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ </a>选择相信也是因为赌,选择不信,那是因为受伤了。不评论人,只看公司的ceo变动,以及当时极度看好的陈雪峰,现在的ff更像是一个赌博的工具。车生产不了,因为供应链中国最完全,塔尖,极奢,太过浮夸了。不否认贾的远见,乐视,版权,生态等。但ff到现在,生产地方选错了,硬伤。","text":"$Faraday Future(FFIE)$ 选择相信也是因为赌,选择不信,那是因为受伤了。不评论人,只看公司的ceo变动,以及当时极度看好的陈雪峰,现在的ff更像是一个赌博的工具。车生产不了,因为供应链中国最完全,塔尖,极奢,太过浮夸了。不否认贾的远见,乐视,版权,生态等。但ff到现在,生产地方选错了,硬伤。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/311511041708096","isVote":1,"tweetType":1,"viewCount":932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":303338786295968,"gmtCreate":1715077574911,"gmtModify":1715079718807,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"交付时间太晚,要像小米学习,发布马上交付","listText":"交付时间太晚,要像小米学习,发布马上交付","text":"交付时间太晚,要像小米学习,发布马上交付","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/303338786295968","isVote":1,"tweetType":1,"viewCount":1803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":292978792001856,"gmtCreate":1712551415419,"gmtModify":1712551416996,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"牛","listText":"牛","text":"牛","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/292978792001856","repostId":"2425965623","repostType":2,"repost":{"id":"2425965623","pubTimestamp":1712451540,"share":"https://www.laohu8.com/m/news/2425965623?lang=&edition=full","pubTime":"2024-04-07 08:59","market":"us","language":"zh","title":"我给B站出一个赚钱的主意","url":"https://stock-news.laohu8.com/highlight/detail?id=2425965623","media":"五陆","summary":"创作者能够在“购物打赏”模式下赚到钱吗?","content":"<html><body><p>每一个创作者平台都存在这样的“灵魂三问”:</p><p>怎么增加创作者的数量?</p><p>怎么帮助创作者赚到钱?</p><p>怎么做好平台的商业化?</p><p>对此,有的平台似乎已经蹚出了一条路,比如抖音、快手等;有的平台则仍然在寻找更适合自己的解决方式,比如B站、微博、<a href=\"https://laohu8.com/S/ZH\">知乎</a>等。</p><p>那么,在抖音快手的方式之外,还有没有其他方式呢?</p><p>这篇文章,就是想抛出一个解决“灵魂三问”的新方式,至于这个新方式到底是别开蹊径、切实可行,还是异想天开、只是空想,就需要大家一起来讨论、实践了。</p><p label=\"大标题\">一、一石击落三鸟</p><p label=\"小标题\">1. 旧瓶新酒</p><p>这个新的解决方式,说起来也简单。</p><p>以B站为例。</p><p>在B站单独开设一个“商城”频道,商品都选自<a href=\"https://laohu8.com/S/JD\">京东</a>联盟、淘宝联盟等电商营销平台,商品都有佣金,B站用户购物后得到返佣的一部分,然后用户通过以下几种方式把得到的返佣花出去:</p><ul><li><p>提现;</p></li><li><p>给喜欢的UP主视频“打赏”;</p></li><li><p>给视频下的优质评论“打赏”。</p></li></ul><p>比如,用户C实际花53元在“商城”频道买“XXX抽纸3层120抽*27包”,全部返佣为2.1元,这里假设B站分成1元、用户分成1.1元,用户所得1.1元以积分形式在站内使用,1.1元=110积分——通过这一段举例的描述我们可以看到,截止到当前的操作,其实就是<strong>一个普通而又典型的“购物返利”模式</strong>。</p><p>但“购物返利”模式在用户得到1.1元返佣,然后于一定时间申请提现后,就完成了全部流程。</p><p>而对于“新解决方式”来说,“购物返利”只是这个解决方式的前半截,它还有更重要的后半截,<strong>“积分打赏”</strong>。</p><p>我们把“购物返利”和“积分打赏”相结合,看看能够碰撞出怎样的火花。</p><p>如果用户得到110积分,可以用来给喜欢的UP主视频“打赏”,“打赏”10积分就是0.1元,一个视频如果有10W用户分别“打赏”0.1元,UP主就可以得到1W元“打赏”收入。这能否激励UP主持续制作出好的内容呢?</p><p>如果视频下的优质评论,也能得到1000个用户分别“打赏”0.1元,评论的网友得到100元的“打赏”收入,然后产生下面这些好处:</p><blockquote><p>有效激励。优质评论<span label=\"备注\">(回复)</span>可以得到“打赏”收入,激励网友多发评论<span label=\"备注\">(回复)</span>;</p><p>互动增强。评论/回复多了,UP主和网友之间的互动增加,UP主有更多的动力持续制作内容;</p><p>角色升级。网友看到评论/回复也能得到“打赏收入”,在这样的激励机制下,有进一步成为一个UP主的动力。</p></blockquote><p>这能否增加创作者的数量?</p><p>可以看到,“购物返利”是“旧瓶”,“积分打赏”是“新酒”,旧瓶装上新酒,对于解决“灵魂三问”中的前两问“怎么增加创作者的数量”“怎么帮助创作者赚到钱”,或许是能够启发出一条新的思路的。</p><p label=\"小标题\">2. 想象空间</p><p>平台的收入,除了从返佣的2.1元里分成1元以外,在这种模式下,还有很多可以想象的空间。</p><p>当创作者从这个模式中受益后,那么在视频内容最后的“请大家一键三连支持”,就会逐渐变成“请大家打赏支持”,而这会促使普通网友对积分的需求增加——谁不想多攥点零钱在手里,给自己喜欢的UP主“打赏”些小费,一方面真金白银地支持对方,一方面体会被人“热烈追求”、当“上帝”的感觉呢?</p><p>面对“普通网友对积分的需求增加”这一问题,平台可以在“商城”分出三个区域:低佣区、高佣区、自营区。</p><p>低佣区通常是品牌商品区,“3层抽纸120抽*10包”,品牌商品卖20元,佣金1%,全部返佣只有0.2元,20积分。</p><p>高佣区通常是白牌区,同样的“3层抽纸120抽*10包”,白牌卖18元,佣金10%,全部返佣有1.8元,180积分。</p><p>自营区则相当于是一个放大版的“周边商城”,“3层抽纸120抽*10包”可以设计成二次元款、番剧款、热梗款,找代工厂生产,做好品控,假如实际毛利是25%,然后根据“平台盈利”“创作者激励”这两个核心需求,佣金可以视情况给到5%~20%。平台想多从卖货中赚钱增加盈利,就把佣金调低一点<span label=\"备注\">(比如5%)</span>,平台想提升对创作者的激励,就把佣金调高一点<span label=\"备注\">(比如20%)</span>,于是起到一个调节平台内积分流通多寡、内容激励高低、平台盈利大小的“央行”作用。</p><p>这个“放大版周边商城”的商品,不必全品类都做,而是根据“商城”数据,只选取用户购买频次较高的商品来“自营”,这样就不会因为店大欺客、虎口夺食得罪所有类型的商家,从而给平台留有余地。</p><p>这个解决方式,可以归纳为:</p><p>购物返利——积分分成——打赏内容——激励创作——活跃平台——自营商品——有效调节。</p><p>这给创作者平台的“灵魂三问”,提供了一个新思路的解答方向。而这其中,“购物积分——内容激励”是两个最重要的支撑点。下文中,我们以“购物打赏”来代称这个解决方式。</p><p label=\"大标题\">二、创作者的春天</p><p label=\"小标题\">1. 要点分析</p><p>B站视频下有许多操作按键,这些操作按键,有“互动型按键”“功能型按键”之分。</p><p>比如“倍速播放”“稍后再看”,就是功能型按键;点赞、评论、投币、收藏、分享、发弹幕,就是互动型按键。</p><p>对一个创作者来说,不同的互动型按键,在“重要性”这一点上,是有一个“等级差异的”——而这,通常取决于平台赋予按键的权重。如果平台赋予“点赞”更高的权重——点赞越多,给创作者的奖励流量越多,那么创作者就会觉得“点赞”更重要,从而在视频中呼吁网友多点赞。</p><p>现在有很多平台是给内容都提供了“打赏”这一操作按键的,但多数时候“打赏”其实都用不上,原因也是众所周知——网友没有付费习惯,直白的说,不愿意掏钱。</p><p>而“购物打赏”的要点就在于,用户“打赏”时,不用再额外从现实的钱包里掏钱充值进行“打赏”,而是从日常的购物中,用购物返利得到的积分去打赏——这样就大大降低了网友对“打赏”这一操作的心理门槛,从而提高对优质内容的付费比例,最终让创作者受益。</p><p>当创作者和网友都接受了“购物打赏”模式,“打赏”按键的重要性就将大幅提升,“点赞”按键的作用则大幅降低,成为一块鸡肋。</p><p>当然,“购物打赏”也做不到让B站100%所有用户在购物获得积分后都去给UP主打赏<span label=\"备注\">(也许经过较长的时间后能走到这一步,但肯定不会是一蹴而就)</span>,不过没关系,只要在一开始有10%~30%的用户能参与“购物打赏”,然后在创作者的不断呼吁、平台的氛围累积、自身也从新模式中受益<span label=\"备注\">(比如通过评论得到了不错的“打赏”收入)</span>等多方面的累积下,也会使“购物打赏”的用户比例进一步提升,以此助力平台健康地、持续地运营下去。</p><p label=\"小标题\">2. B站不急</p><p>可以通过一组具体数据,对“购物打赏”模式的能量做一个简单而直观的认识。</p><p>假如B站用户通过“购物打赏”模式,得到以下数据:</p><blockquote><p>购物用户数。有1亿用户在“商城”频道购物;</p><p>年购物总额。每个用户一年购物总额为5000元;</p><p>平均佣金率。返利佣金综合下来平均为5%;</p><p>打赏用户比例。一年内,“购物打赏”的用户比例从10%到20%到30%到40%。</p></blockquote><p>即,一年内,“购物打赏”的总金额为:</p><blockquote><p>1亿*5000元*5%*10%=25亿元;</p><p>1亿*5000元*5%*20%=50亿元;</p><p>1亿*5000元*5%*30%=75亿元;</p><p>1亿*5000元*5%*40%=100亿元。</p></blockquote><p>根据《B站急了》一文中的数据,2023年B站UP主分成所属“收入分成成本”为95亿元。如果按照上述举例中“购物打赏”的金额,在“购物打赏”用户比例为40%的基础上,就能自发产生100亿元用于“创作者激励”,大大减轻B站在这一支出大项上的投入,从而更好地实现盈利。</p><p>并且还要看到,上述四项数据“购物用户数”“年购物总额”“平均佣金率”“打赏用户比例”,在举例计算时都只是取了较为折中的数据,实际上,每一项数据都还有较大的提升空间——这意味着,100亿元的“创作者激励”不是尽头,而只是一个开始。</p><p>相比于在这之前,创作者收到的微乎其微的“打赏收入”,在“购物打赏”模式下,每提高1%的打赏用户比例,对创作者来说,都将是莫大的精神鼓励、巨大的财富收获、满心的欢呼雀跃。</p><p>如果创作者能够在“购物打赏”模式下赚到钱、衣食足,那么,创作者的春天,也就真的来了。</p><p label=\"大标题\">三、一鲸生,万物活</p><p label=\"小标题\">1. 开放平台</p><p>内容平台在“购物打赏”模式下,从逻辑推演的角度来看,似乎可以较好地解决“灵魂三问”。但同时,这里面也存在一个显而易见的问题,那就是,如果内容平台都添加上一个“商城”频道,那平台的内容属性、社区属性还能保持纯粹吗?会不会变味?甚至变成一个电商不电商、内容不内容的四不像,最终走向瓦解呢?</p><p>是有不小的可能。</p><p>那么,这个问题可以怎么解决?</p><p>要解决这个问题,就要先搞清楚电商平台在这个模式里的角色是什么?</p><p>在“购物打赏”模式下,“购物”是使内容平台活跃的源头,而内容平台的活跃,也将反哺电商平台,促进其交易量、交易额的提升。</p><p>普通的交易量、交易额提升,还不足以让财大气粗的电商平台押重注到“购物打赏”模式中。但很明显,“购物打赏”对电商平台产生的催化作用,一点也不普通。</p><p>如果说,“购物打赏”模式对内容平台的贡献有10分的话,那它对电商平台的贡献就将十倍于此,达到100分。</p><p>因为“购物是使内容平台活跃的源头”,而内容平台包罗万象,长视频、中视频、短视频、小说、问答、博客、漫画、音乐、音频、资讯、代码、影评、贴吧、小组……都可以无缝衔接到“购物打赏”模式里。</p><p>我们都知道“一鲸落,万物生”,“购物打赏”模式,带来的则是“一鲸生,万物活”。</p><p>正因为有如此巨大的收益前景、如此重要的体系源头责任,电商平台才有动力和义务,站出来解决前面提到的那个问题。</p><p>每一个内容平台都需要单独开设一个“商城”频道吗?</p><p>可以需要,也可以不需要。</p><p>以京东为例,在京东联盟的基础上,做一个“购物返利”的积分开放平台,所有内容平台<span label=\"备注\">(B站、微博、知乎、微信公众号、音乐网站、视频网站、小说网站等)</span>都可以申请对接到该“购物积分开放平台”,用户在开放平台购物后所得积分<span label=\"备注\">(购物返佣,实际上就等于现金)</span>,可以在对接的所有内容平台自由使用<span label=\"备注\">(付积分看视频、听音乐、看小说等)</span>,UP主、影视公司、音乐人、小说作者等众多创作者都能在这个模式下直接受益。</p><p>这样做,内容平台就不需要再在站内单独开设一个“商城”频道,从而保证平台内容属性、社区属性的纯粹性。</p><p>而前面之所以说“可以需要”,是因为对于有的内容平台来说,可能会担心命脉被控制,不甘心于做电商平台的下游,所以还是会有自己做“商城频道”的需求——虽然这样做并不能完全摆脱电商平台的影响,但也总算能多一些主动权在自己手里。</p><p label=\"小标题\">2. 线下整合</p><p>同时,除了电商平台自己在“线上购物”的一亩三分地之外,还要考虑对“线下超市积分”的整合。</p><p>这种“整合”,有这样几个特点。</p><p>一是,<strong>自发需求。</strong></p><p>很多线下超市也有自己的积分体系,但都是分散的、生态价值较低的,且这些线下超市大多也不具备自己独立搭建、运作“购物打赏”模式的能力,因此,它们有加入到这个体系中的天然需求。</p><p>二是,<strong>场景延伸。</strong></p><p>“线下超市”只是一个代指,事实上,这里说的不只是“线下超市”,而是说的“线下消费”,比如,线下超市、餐饮店、酒店、信用卡积分等。</p><p>因此,“购物打赏”中的“购物场景”,完全可以从线上延伸到线下,并且是延伸到线下的方方面面——在线上,也许一年一个用户只消费5000元,但延伸到线下,一年可能就有2W元,这些数据的提升,最终都将倍数级的体现在“创作者激励的总金额”上面。</p><p>三是,<strong>属性之异。</strong></p><p>设想一下,如果这样一个“购物积分开放平台”只有“积分开放平台”的功能<span label=\"备注\">(即,只对接商家)</span>,而没有“打赏内容”的功能——也就是“购物积分只能兑换平台内其他商家的商品/服务”<span label=\"备注\">(即,购物积分——积分换商品)</span>的话,那它在商业模式上就比较难以长期成立,即使成立,其体系价值和意义也要小得多,这是因为,不同商户之间是有利害关系的——大家都是卖商品、卖服务的,其属性是一致的或接近的<span label=\"备注\">(利害关系较大)</span>,因此就难以和谐地长期共存。</p><p>但有了“打赏内容”的功能<span label=\"备注\">(或者说“积分的使用途径”)</span>,“购物积分”就统一流向了另一个和“卖商品、卖服务”属性完全不同的地方<span label=\"备注\">(利害关系较小)</span>,也就是内容<span label=\"备注\">(即,购物积分——积分打赏内容)</span>,这样,两个不同属性之间的反哺、融合、共存就要和谐得多,商业模式上也就可以长期成立。</p><p label=\"小标题\">3. 长久基石</p><p>在“购物打赏”模式下,通常,只有较为短视的电商平台才会以“武林盟主”的身份对待合作的内容平台——这意味着一旦“盟主”做事不公允,比如佣金比例亲疏有别、创作者提现设置障碍、技术服务费狮子大开口……那就只能逼迫诸多内容平台另投他处,或者是自立门户。</p><p>毕竟,“购物打赏”模式不同于当年的“电商导购”模式,后者是同根同源、养虎为患的利害关系,前者则是属性各异、互惠互利的合作关系。</p><p>有远见的电商平台只能以“大管家”的身份对待合作的内容平台,只有提供优质的、公平的服务,才能和美与共、长长久久。</p><p label=\"大标题\">四、宏大始于微末</p><p>在前文里,又是100亿,又是内容又是电商,又是“购物积分开放平台”,又有线上又有线下……看起来,全都是宏大到不着边际的“臆想”,宏大到有时候连我自己都难免生出些“羞愧”来——我怎么能这么高谈阔论、信口开河、好高骛远、志大才疏、纸上谈兵、夸夸其谈呢?</p><p>然而,宏大并不是虚妄,它起始于对每一丁点的微末赋予意义、创造价值。正如,星星之火,可以燎原,从来都是殊途同归。</p><p>“购物打赏”模式里的元素,单独拉出来,其实一点也不稀奇:</p><p>购物返利、购物积分、积分换礼、内容打赏。</p><p>只是稍稍把“购物积分的流通方式”改变了一点点——让购物积分也可以打赏内容,就能带来许多不一样的变化。</p><p>对这些微末细节不遗余力地进行优化,才是构成一幅幅宏大画卷的微观像素。</p><p>而细究“购物打赏”的本质,其实就是一种新的“分配方式”。</p><p>至于这个“分配方式”到底是别开蹊径、切实可行,还是异想天开、只是空想,正如文章开头所说,就需要大家一起来讨论、实践了。</p><p>祝创作者都吃饱饭,祝B站能“治好病”。</p></body></html>","source":"highlight_huxiu","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n我给B站出一个赚钱的主意\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-07 08:59 北京时间 <a href=https://www.huxiu.com/article/2872569.html><strong>五陆</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>每一个创作者平台都存在这样的“灵魂三问”:怎么增加创作者的数量?怎么帮助创作者赚到钱?怎么做好平台的商业化?对此,有的平台似乎已经蹚出了一条路,比如抖音、快手等;有的平台则仍然在寻找更适合自己的解决方式,比如B站、微博、知乎等。那么,在抖音快手的方式之外,还有没有其他方式呢?这篇文章,就是想抛出一个解决“灵魂三问”的新方式,至于这个新方式到底是别开蹊径、切实可行,还是异想天开、只是空想,就需要大家...</p>\n\n<a href=\"https://www.huxiu.com/article/2872569.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://img.huxiucdn.com/article/cover/202404/07/082823879851.jpg?imageView2/1/w/720/h/405/|imageMogr2/strip/interlace/1/quality/85/format/jpg","relate_stocks":{"SG9999001051.SGD":"United Asia Fund SGD","BK4509":"腾讯概念","SG9999006597.SGD":"United China-India Dynamic Growth SGD","BK4566":"资本集团","BK1588":"回港中概股","BK1104":"互动家庭娱乐","BK4577":"网络游戏","SG9999001093.SGD":"United Greater China Fund A Acc SGD","BK4531":"中概回港概念","BK4588":"碎股","09626":"哔哩哔哩-W","BK1587":"次新股","BK4554":"元宇宙及AR概念","BK4513":"直播概念","BK4548":"巴美列捷福持仓","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","BK4563":"昨日强势股","BK4085":"互动家庭娱乐","BK4504":"桥水持仓","BK4505":"高瓴资本持仓","BK4510":"在线教育","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC","BILI":"哔哩哔哩","BK1608":"元宇宙概念","BK1575":"同股不同权","BK4503":"景林资产持仓","BK4526":"热门中概股","BK4585":"ETF&股票定投概念","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC"},"source_url":"https://www.huxiu.com/article/2872569.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2425965623","content_text":"每一个创作者平台都存在这样的“灵魂三问”:怎么增加创作者的数量?怎么帮助创作者赚到钱?怎么做好平台的商业化?对此,有的平台似乎已经蹚出了一条路,比如抖音、快手等;有的平台则仍然在寻找更适合自己的解决方式,比如B站、微博、知乎等。那么,在抖音快手的方式之外,还有没有其他方式呢?这篇文章,就是想抛出一个解决“灵魂三问”的新方式,至于这个新方式到底是别开蹊径、切实可行,还是异想天开、只是空想,就需要大家一起来讨论、实践了。一、一石击落三鸟1. 旧瓶新酒这个新的解决方式,说起来也简单。以B站为例。在B站单独开设一个“商城”频道,商品都选自京东联盟、淘宝联盟等电商营销平台,商品都有佣金,B站用户购物后得到返佣的一部分,然后用户通过以下几种方式把得到的返佣花出去:提现;给喜欢的UP主视频“打赏”;给视频下的优质评论“打赏”。比如,用户C实际花53元在“商城”频道买“XXX抽纸3层120抽*27包”,全部返佣为2.1元,这里假设B站分成1元、用户分成1.1元,用户所得1.1元以积分形式在站内使用,1.1元=110积分——通过这一段举例的描述我们可以看到,截止到当前的操作,其实就是一个普通而又典型的“购物返利”模式。但“购物返利”模式在用户得到1.1元返佣,然后于一定时间申请提现后,就完成了全部流程。而对于“新解决方式”来说,“购物返利”只是这个解决方式的前半截,它还有更重要的后半截,“积分打赏”。我们把“购物返利”和“积分打赏”相结合,看看能够碰撞出怎样的火花。如果用户得到110积分,可以用来给喜欢的UP主视频“打赏”,“打赏”10积分就是0.1元,一个视频如果有10W用户分别“打赏”0.1元,UP主就可以得到1W元“打赏”收入。这能否激励UP主持续制作出好的内容呢?如果视频下的优质评论,也能得到1000个用户分别“打赏”0.1元,评论的网友得到100元的“打赏”收入,然后产生下面这些好处:有效激励。优质评论(回复)可以得到“打赏”收入,激励网友多发评论(回复);互动增强。评论/回复多了,UP主和网友之间的互动增加,UP主有更多的动力持续制作内容;角色升级。网友看到评论/回复也能得到“打赏收入”,在这样的激励机制下,有进一步成为一个UP主的动力。这能否增加创作者的数量?可以看到,“购物返利”是“旧瓶”,“积分打赏”是“新酒”,旧瓶装上新酒,对于解决“灵魂三问”中的前两问“怎么增加创作者的数量”“怎么帮助创作者赚到钱”,或许是能够启发出一条新的思路的。2. 想象空间平台的收入,除了从返佣的2.1元里分成1元以外,在这种模式下,还有很多可以想象的空间。当创作者从这个模式中受益后,那么在视频内容最后的“请大家一键三连支持”,就会逐渐变成“请大家打赏支持”,而这会促使普通网友对积分的需求增加——谁不想多攥点零钱在手里,给自己喜欢的UP主“打赏”些小费,一方面真金白银地支持对方,一方面体会被人“热烈追求”、当“上帝”的感觉呢?面对“普通网友对积分的需求增加”这一问题,平台可以在“商城”分出三个区域:低佣区、高佣区、自营区。低佣区通常是品牌商品区,“3层抽纸120抽*10包”,品牌商品卖20元,佣金1%,全部返佣只有0.2元,20积分。高佣区通常是白牌区,同样的“3层抽纸120抽*10包”,白牌卖18元,佣金10%,全部返佣有1.8元,180积分。自营区则相当于是一个放大版的“周边商城”,“3层抽纸120抽*10包”可以设计成二次元款、番剧款、热梗款,找代工厂生产,做好品控,假如实际毛利是25%,然后根据“平台盈利”“创作者激励”这两个核心需求,佣金可以视情况给到5%~20%。平台想多从卖货中赚钱增加盈利,就把佣金调低一点(比如5%),平台想提升对创作者的激励,就把佣金调高一点(比如20%),于是起到一个调节平台内积分流通多寡、内容激励高低、平台盈利大小的“央行”作用。这个“放大版周边商城”的商品,不必全品类都做,而是根据“商城”数据,只选取用户购买频次较高的商品来“自营”,这样就不会因为店大欺客、虎口夺食得罪所有类型的商家,从而给平台留有余地。这个解决方式,可以归纳为:购物返利——积分分成——打赏内容——激励创作——活跃平台——自营商品——有效调节。这给创作者平台的“灵魂三问”,提供了一个新思路的解答方向。而这其中,“购物积分——内容激励”是两个最重要的支撑点。下文中,我们以“购物打赏”来代称这个解决方式。二、创作者的春天1. 要点分析B站视频下有许多操作按键,这些操作按键,有“互动型按键”“功能型按键”之分。比如“倍速播放”“稍后再看”,就是功能型按键;点赞、评论、投币、收藏、分享、发弹幕,就是互动型按键。对一个创作者来说,不同的互动型按键,在“重要性”这一点上,是有一个“等级差异的”——而这,通常取决于平台赋予按键的权重。如果平台赋予“点赞”更高的权重——点赞越多,给创作者的奖励流量越多,那么创作者就会觉得“点赞”更重要,从而在视频中呼吁网友多点赞。现在有很多平台是给内容都提供了“打赏”这一操作按键的,但多数时候“打赏”其实都用不上,原因也是众所周知——网友没有付费习惯,直白的说,不愿意掏钱。而“购物打赏”的要点就在于,用户“打赏”时,不用再额外从现实的钱包里掏钱充值进行“打赏”,而是从日常的购物中,用购物返利得到的积分去打赏——这样就大大降低了网友对“打赏”这一操作的心理门槛,从而提高对优质内容的付费比例,最终让创作者受益。当创作者和网友都接受了“购物打赏”模式,“打赏”按键的重要性就将大幅提升,“点赞”按键的作用则大幅降低,成为一块鸡肋。当然,“购物打赏”也做不到让B站100%所有用户在购物获得积分后都去给UP主打赏(也许经过较长的时间后能走到这一步,但肯定不会是一蹴而就),不过没关系,只要在一开始有10%~30%的用户能参与“购物打赏”,然后在创作者的不断呼吁、平台的氛围累积、自身也从新模式中受益(比如通过评论得到了不错的“打赏”收入)等多方面的累积下,也会使“购物打赏”的用户比例进一步提升,以此助力平台健康地、持续地运营下去。2. B站不急可以通过一组具体数据,对“购物打赏”模式的能量做一个简单而直观的认识。假如B站用户通过“购物打赏”模式,得到以下数据:购物用户数。有1亿用户在“商城”频道购物;年购物总额。每个用户一年购物总额为5000元;平均佣金率。返利佣金综合下来平均为5%;打赏用户比例。一年内,“购物打赏”的用户比例从10%到20%到30%到40%。即,一年内,“购物打赏”的总金额为:1亿*5000元*5%*10%=25亿元;1亿*5000元*5%*20%=50亿元;1亿*5000元*5%*30%=75亿元;1亿*5000元*5%*40%=100亿元。根据《B站急了》一文中的数据,2023年B站UP主分成所属“收入分成成本”为95亿元。如果按照上述举例中“购物打赏”的金额,在“购物打赏”用户比例为40%的基础上,就能自发产生100亿元用于“创作者激励”,大大减轻B站在这一支出大项上的投入,从而更好地实现盈利。并且还要看到,上述四项数据“购物用户数”“年购物总额”“平均佣金率”“打赏用户比例”,在举例计算时都只是取了较为折中的数据,实际上,每一项数据都还有较大的提升空间——这意味着,100亿元的“创作者激励”不是尽头,而只是一个开始。相比于在这之前,创作者收到的微乎其微的“打赏收入”,在“购物打赏”模式下,每提高1%的打赏用户比例,对创作者来说,都将是莫大的精神鼓励、巨大的财富收获、满心的欢呼雀跃。如果创作者能够在“购物打赏”模式下赚到钱、衣食足,那么,创作者的春天,也就真的来了。三、一鲸生,万物活1. 开放平台内容平台在“购物打赏”模式下,从逻辑推演的角度来看,似乎可以较好地解决“灵魂三问”。但同时,这里面也存在一个显而易见的问题,那就是,如果内容平台都添加上一个“商城”频道,那平台的内容属性、社区属性还能保持纯粹吗?会不会变味?甚至变成一个电商不电商、内容不内容的四不像,最终走向瓦解呢?是有不小的可能。那么,这个问题可以怎么解决?要解决这个问题,就要先搞清楚电商平台在这个模式里的角色是什么?在“购物打赏”模式下,“购物”是使内容平台活跃的源头,而内容平台的活跃,也将反哺电商平台,促进其交易量、交易额的提升。普通的交易量、交易额提升,还不足以让财大气粗的电商平台押重注到“购物打赏”模式中。但很明显,“购物打赏”对电商平台产生的催化作用,一点也不普通。如果说,“购物打赏”模式对内容平台的贡献有10分的话,那它对电商平台的贡献就将十倍于此,达到100分。因为“购物是使内容平台活跃的源头”,而内容平台包罗万象,长视频、中视频、短视频、小说、问答、博客、漫画、音乐、音频、资讯、代码、影评、贴吧、小组……都可以无缝衔接到“购物打赏”模式里。我们都知道“一鲸落,万物生”,“购物打赏”模式,带来的则是“一鲸生,万物活”。正因为有如此巨大的收益前景、如此重要的体系源头责任,电商平台才有动力和义务,站出来解决前面提到的那个问题。每一个内容平台都需要单独开设一个“商城”频道吗?可以需要,也可以不需要。以京东为例,在京东联盟的基础上,做一个“购物返利”的积分开放平台,所有内容平台(B站、微博、知乎、微信公众号、音乐网站、视频网站、小说网站等)都可以申请对接到该“购物积分开放平台”,用户在开放平台购物后所得积分(购物返佣,实际上就等于现金),可以在对接的所有内容平台自由使用(付积分看视频、听音乐、看小说等),UP主、影视公司、音乐人、小说作者等众多创作者都能在这个模式下直接受益。这样做,内容平台就不需要再在站内单独开设一个“商城”频道,从而保证平台内容属性、社区属性的纯粹性。而前面之所以说“可以需要”,是因为对于有的内容平台来说,可能会担心命脉被控制,不甘心于做电商平台的下游,所以还是会有自己做“商城频道”的需求——虽然这样做并不能完全摆脱电商平台的影响,但也总算能多一些主动权在自己手里。2. 线下整合同时,除了电商平台自己在“线上购物”的一亩三分地之外,还要考虑对“线下超市积分”的整合。这种“整合”,有这样几个特点。一是,自发需求。很多线下超市也有自己的积分体系,但都是分散的、生态价值较低的,且这些线下超市大多也不具备自己独立搭建、运作“购物打赏”模式的能力,因此,它们有加入到这个体系中的天然需求。二是,场景延伸。“线下超市”只是一个代指,事实上,这里说的不只是“线下超市”,而是说的“线下消费”,比如,线下超市、餐饮店、酒店、信用卡积分等。因此,“购物打赏”中的“购物场景”,完全可以从线上延伸到线下,并且是延伸到线下的方方面面——在线上,也许一年一个用户只消费5000元,但延伸到线下,一年可能就有2W元,这些数据的提升,最终都将倍数级的体现在“创作者激励的总金额”上面。三是,属性之异。设想一下,如果这样一个“购物积分开放平台”只有“积分开放平台”的功能(即,只对接商家),而没有“打赏内容”的功能——也就是“购物积分只能兑换平台内其他商家的商品/服务”(即,购物积分——积分换商品)的话,那它在商业模式上就比较难以长期成立,即使成立,其体系价值和意义也要小得多,这是因为,不同商户之间是有利害关系的——大家都是卖商品、卖服务的,其属性是一致的或接近的(利害关系较大),因此就难以和谐地长期共存。但有了“打赏内容”的功能(或者说“积分的使用途径”),“购物积分”就统一流向了另一个和“卖商品、卖服务”属性完全不同的地方(利害关系较小),也就是内容(即,购物积分——积分打赏内容),这样,两个不同属性之间的反哺、融合、共存就要和谐得多,商业模式上也就可以长期成立。3. 长久基石在“购物打赏”模式下,通常,只有较为短视的电商平台才会以“武林盟主”的身份对待合作的内容平台——这意味着一旦“盟主”做事不公允,比如佣金比例亲疏有别、创作者提现设置障碍、技术服务费狮子大开口……那就只能逼迫诸多内容平台另投他处,或者是自立门户。毕竟,“购物打赏”模式不同于当年的“电商导购”模式,后者是同根同源、养虎为患的利害关系,前者则是属性各异、互惠互利的合作关系。有远见的电商平台只能以“大管家”的身份对待合作的内容平台,只有提供优质的、公平的服务,才能和美与共、长长久久。四、宏大始于微末在前文里,又是100亿,又是内容又是电商,又是“购物积分开放平台”,又有线上又有线下……看起来,全都是宏大到不着边际的“臆想”,宏大到有时候连我自己都难免生出些“羞愧”来——我怎么能这么高谈阔论、信口开河、好高骛远、志大才疏、纸上谈兵、夸夸其谈呢?然而,宏大并不是虚妄,它起始于对每一丁点的微末赋予意义、创造价值。正如,星星之火,可以燎原,从来都是殊途同归。“购物打赏”模式里的元素,单独拉出来,其实一点也不稀奇:购物返利、购物积分、积分换礼、内容打赏。只是稍稍把“购物积分的流通方式”改变了一点点——让购物积分也可以打赏内容,就能带来许多不一样的变化。对这些微末细节不遗余力地进行优化,才是构成一幅幅宏大画卷的微观像素。而细究“购物打赏”的本质,其实就是一种新的“分配方式”。至于这个“分配方式”到底是别开蹊径、切实可行,还是异想天开、只是空想,正如文章开头所说,就需要大家一起来讨论、实践了。祝创作者都吃饱饭,祝B站能“治好病”。","news_type":1},"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":622079266,"gmtCreate":1675073523256,"gmtModify":1675073524834,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ </a>现在啥都有,就差量产了,这个就有意思了。中东的富豪有没有相中的?","listText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ </a>现在啥都有,就差量产了,这个就有意思了。中东的富豪有没有相中的?","text":"$Faraday Future(FFIE)$ 现在啥都有,就差量产了,这个就有意思了。中东的富豪有没有相中的?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/622079266","isVote":1,"tweetType":1,"viewCount":6633,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3547702849765002","authorId":"3547702849765002","name":"君乐宝","avatar":"https://static.tigerbbs.com/ff8d93915eb0007846a2c2b423d3e07b","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3547702849765002","idStr":"3547702849765002"},"content":"能不能量产取决于老贾自己,控制权已经没有问题了,剩下的就是利益最大化,(最低价增发)","text":"能不能量产取决于老贾自己,控制权已经没有问题了,剩下的就是利益最大化,(最低价增发)","html":"能不能量产取决于老贾自己,控制权已经没有问题了,剩下的就是利益最大化,(最低价增发)"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":683544738,"gmtCreate":1656429203527,"gmtModify":1704864787116,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"牛逼牛逼,这个做空机构估计亏钱亏傻了吧","listText":"牛逼牛逼,这个做空机构估计亏钱亏傻了吧","text":"牛逼牛逼,这个做空机构估计亏钱亏傻了吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/683544738","repostId":"1146846681","repostType":2,"repost":{"id":"1146846681","pubTimestamp":1656427493,"share":"https://www.laohu8.com/m/news/1146846681?lang=&edition=full","pubTime":"2022-06-28 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href=\"https://finance.sina.com.cn/tech/2022-06-28/doc-imizmscu9203282.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/eebab619623966f6e7115434f653b888","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://finance.sina.com.cn/tech/2022-06-28/doc-imizmscu9203282.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146846681","content_text":"周二,蔚来股价盘中快速走低,截至发稿跌近3%。据媒体报道,做空机构Grizzly Research发表报告称蔚来通过夸大收入和提高净利润率来达到目标。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":680367212,"gmtCreate":1654783248937,"gmtModify":1704860443474,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06669\">$先瑞达医疗-B(06669)$</a>耐心等待,持股。","listText":"<a href=\"https://laohu8.com/S/06669\">$先瑞达医疗-B(06669)$</a>耐心等待,持股。","text":"$先瑞达医疗-B(06669)$耐心等待,持股。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/680367212","isVote":1,"tweetType":1,"viewCount":1504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":680367669,"gmtCreate":1654783205053,"gmtModify":1704860443302,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"的确蛮不错","listText":"的确蛮不错","text":"的确蛮不错","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/680367669","repostId":"2223480654","repostType":2,"repost":{"id":"2223480654","pubTimestamp":1648627579,"share":"https://www.laohu8.com/m/news/2223480654?lang=&edition=full","pubTime":"2022-03-30 16:06","market":"sh","language":"zh","title":"商业化加速收入增至3.04亿元,先瑞达医疗-B(06669)将迎长期价值释放","url":"https://stock-news.laohu8.com/highlight/detail?id=2223480654","media":"智通财经","summary":"根据财报披露,截至2021年12月31日,先瑞达医疗的膝下DCB产品在27个省、市、自治区完成挂网,合计完成288家医院入院;同期,公司的膝上DCB产品实现1283家医院入院。海外市场方面,先瑞达医疗亦取得了不俗成绩。BTK DCB的IDE申请也已向美国FDA递交。特别是中国,2019年,各种血管疾病患病数便高达4.706亿人,手术量高达133.88万。","content":"<html><body><p>当医药器械市场一时间被“带量采购”、“国产替代化”等政策同时左右情绪时,投资者似乎很难去平衡投资者标的的优劣程度。</p><p>但俗话说,“牛市赚钱,熊市赚股”,那结合当前的走势,赚股绝对是投资者的立命安身之本。可器械板块该如何“赚股”?智通财经APP认为,这需要从其产品、业绩端着手。因为在高精尖器械成为各大企业追逐的方向之后,谁能拿到潜力、重磅产品,谁便能占领市场,兑现业绩,成为优质标的。自然,也就能赚到股。</p><p>基于这一买卖逻辑,手握3款“国内第一”产品(膝上DCB、膝下DCB、外周抽吸系统全系产品),布局涵盖血管外科、心脏科、肾脏科、神经科及男科五大领域,搭建36条产品管线的<a href=\"https://laohu8.com/S/06669\">先瑞达医疗-B</a>(06669)显然是一只不可忽视的票。</p><p>毕竟,从财报来看,公司的业绩可圈可点:2021年,先瑞达医疗实现营收3.04亿元(人民币,单位下同),同比增长56.6%;毛利润2.66亿元,同比增长62.4%;调整后的净利润为0.42亿元,同比大增141.8%。其中,备受瞩目的DCB产品全年营收上涨了约57%,为该公司产生了2.99亿元的收入。</p><p><img src=\"https://img.zhitongcaijing.com/image/20220330/1648627760495861.png?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1648627760495861.png\"/></p><p><strong>上市产品持续创收</strong></p><p>通览先瑞达医疗的财报,2021年公司在业绩端和业务端均有不少亮点。</p><p>首先就业绩表现来看,如开篇所述,报告年度内公司的核心财务数据均呈向好态势。</p><p>对于长期跟踪先瑞达医疗的投资者而言,或许并不会对公司取得的这一成绩感到意外。作为中国外周血管疾病介入医疗器械领域的龙头,先瑞达医疗的两款核心产品膝上DCB产品和膝下DCB产品在各自细分领域均处于领跑地位。</p><p>具体来看,公司于2016年5月开发并推出的国内首款外周DCB产品AcoArt Orchid®& Dhalia™,比第二款同类产品领先约四年的时间;而若以2020年产生的收益计算,该款产品以约86.9%的市场份额在中国外周DCB市场中占据主导地位。</p><p>先瑞达医疗的第二款核心产品膝下BCB产品AcoArt Tulip™& Litos™于2020年12月获批上市,成为国内首款,也是国际上第一款被临床验证的BTK DCB产品,且预期可在至少五年内保持在中国膝下DCB市场的领先地位。</p><p>2021年,先瑞达医疗的上述两款核心产品市场表现依旧强势,期内分别实现收入2.75亿元、2409.4万元。</p><p><img src=\"https://img.zhitongcaijing.com/image/20220330/1648627806608511.png?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1648627806608511.png\"/></p><p>盈利表现方面,先瑞达医疗的毛利率一贯出色,2021年该指标继续保持在较高水准,达到87.5%。作为对比,同期行业可比公司<a href=\"https://laohu8.com/S/688016\">心脉医疗</a>(688016.SH)和<a href=\"https://laohu8.com/S/02190\">归创通桥-B</a>(02190)的毛利率为78.05%和74.13%。</p><p>智通财经APP认为,先瑞达医疗之所以能取得优于市场的财务表现,背后的重要原因正是在于公司核心产品临床试验结果优于竞品,叠加显著的先发优势,公司建立起了深厚的基本面护城河。</p><p>而展望后市,先瑞达医疗又能否将现有的优势保持下去,甚至在未来进一步将优势差距扩大呢? </p><p><strong>加码研发拉升价值曲线</strong></p><p>回顾中国介入器械领域的发展历史,众所周知这曾是外资巨头的天下。而如今,以先瑞达医疗为典型代表的中国创新力量喷薄而出。</p><p>让行业由量变产生质变的关键因子无它,唯创新尔。</p><p>作为全身血管介入医疗器械的执牛耳者,先瑞达医疗一贯对于研发高度重视,且近年来仍一直在加码研发端的投入。2019年-2021年,公司的研发费用分别为2547.9万元、8348.7万元、1.41亿元,同期研发费用率分别为20.4%、43.04%、46.5%,两组数据均呈稳步递增态势。</p><p><img src=\"https://img.zhitongcaijing.com/image/20220330/1648627838509994.png?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1648627838509994.png\"/></p><p>得益于公司对于研发的重视,2021年先瑞达医疗在研发管线方面亦取得诸多进展。年内,先瑞达医疗新增2款产品获批上市,7款产品正处于临床实验中,有2款产品向FDA提交注册申请,全年新增注册了10项核心专利,3款产品实现国产第一。</p><p>其中,尤为值得留意的是,2021年8月,先瑞达医疗的外周真空抽吸泵获批上市;11月,公司的外周抽吸导管AcoStream获批上市。至此,先瑞达医疗的外周血栓抽吸系统所有产品均已获批,这亦意味着公司从动脉领域向静脉领域跨出了关键一步。</p><p><img src=\"https://img.zhitongcaijing.com/image/20220330/1648627864512452.png?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1648627864512452.png\"/></p><p>另外,值得一提的是,截至2021年年底,先瑞达医疗开发出了包括外周振波球囊(血管外科)、冠脉振波球囊(心脏科)、外周弹簧圈(血管外科)、等在内的6款全新产品,且产品开发进度极快。比如,振波球囊从立项到定型仅用了7个月时间。</p><p>综合上述信息,不难看出先瑞达医疗其实并非部分投资者固有认知里的专攻DCB产品,而是从研发上便采取了“多条腿走路”的策略,除了DCB产品外还在积极探索其他的领域。</p><p>看到这里,或许有投资者会有疑问,在进入壁垒较高的血管介入手术医疗器械领域,为何先瑞达医疗能够将研发的“战线”延伸到多个领域?</p><p>智通财经APP认为,这就要归功于先瑞达医疗强大的底层能力了。一方面,先瑞达医疗的研发团队配置堪称<a href=\"https://laohu8.com/S/DLX\">豪华</a>。原有技术团队覆盖了材料学、机械设计制造、化学和生物医学工程,根据当下及未来发展需要,先瑞达补充了电子科学技术、自动化及计算机编程方向的技术人员,进一步完善了人才储备量。有源方向人才的储备,也将加速先瑞达有源项目的快速落地,也为将来更多管线的研发提供了人才后盾。</p><p>而除了在北京及深圳设有研发中心外,先瑞达医疗还于2021年11月在美国加州设立了Acotec Technologies Limited,由Scott Wilson担任总经理,主要聚焦前瞻性和创新性产品的研发。值得一提的是,在加入先瑞达之前,Scott拥有超过25年的医疗设备工程经验,曾担任Silk Road medical的研发副总裁,Concentric的首席董事和工程师,先后在Stryker及Guidant担任研发负责人,专注于血管领域疾病的治疗,曾开发了包括Trevo Stentreiver、Flow Gate 及 Distal Access Catheters(DAC)在内的多条产品线。</p><p>另一方面,先瑞达医疗依托药物涂层技术、抽吸平台技术、高分子材料技术和射频消融技术这四大核心技术,打造了独特的技术平台。得益于该四类技术彼此间能产生巨大的协同效应,先瑞达医疗才有余力涉足包括心脏科、肾脏科、神经科乃至男科等在内的多个领域。</p><p><strong>商业化提速业绩增势料延续</strong></p><p>研发端既已积累了优势,那么在商业化层面自然也要努力将优势保持下去。</p><p>根据财报披露,截至2021年12月31日,先瑞达医疗的膝下DCB产品在27个省、市、自治区完成挂网,合计完成288家医院入院;同期,公司的膝上DCB产品实现1283 家医院入院。此外,公司于2021年11月上市的外周抽吸导管,亦于2021年内完成了国家采购平台挂网。</p><p>海外市场方面,先瑞达医疗亦取得了不俗成绩。截至2021年末,公司的产品已在全球12个国家实现商业化落地。BTK DCB的IDE申请也已向美国FDA递交。</p><p>智通财经APP认为,在医疗器械领域,商业化的速度也是核心竞争力之一。当医生在熟悉、认可产品后,后来者若无技术或价格上的绝对优势,将很难撼动“前浪”的地位。</p><p>回看先瑞达医疗主要产品的市场潜力,一如文章开头所述充满了想象力。近年来,主动脉、静脉外周血管疾病的患病率逐年上升,推动了微创介入手术在全球范围内的应用。特别是中国,2019年,各种血管疾病患病数便高达4.706亿人,手术量高达133.88万。另据弗若斯特沙利文报告显示,随着各类血管疾病患病率的上升,手术量预计将以15.07%的复合年增长率走高,而这意味着相关介入医疗器械的需求量将持续走俏。</p><p>参考DCB产品在美国上市后使用量的迅速增长,上市三年后超越支架成为一线疗法,而中国DCB手术在介入手术中的渗透率有望得到快速提升。同时,随着未来我国PCI手术例数的增长,以及临床验证的适应症的拓宽和介入无植入理念的深入,预计DCB市场空间将更为广阔。</p><p>综上,可以想见的是,在国内市场拥有显著先发优势的先瑞达医疗,依托强大的研发能力,有望进一步拉开与竞争者的差距;与此同时,伴随商业化产品矩阵日渐丰富,在核心产品获得海外市场认可后,公司全球范围内的商业化通路料将愈发顺畅。</p><p>回看财报,此次年报再度确认了先瑞达医疗出色的成长性。鉴于公司在研管线数量众多,且接下来陆续将有更多重磅产品和技术商业化,中长期看先瑞达医疗延续业绩增势的确定性极高。</p><p>诚然,以公司上市以来的股价表现来看,颇有些差强人意,但先瑞达医疗股价承压很大一部分原因在于港股大盘的走熊。正所谓“熊市赚股”,投资者大可以在此时保持“贪婪”。综合考虑到公司基本面无虞,未来成长确定性极高,先瑞达医疗可视为投资者重点关注的医疗器械标的。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n商业化加速收入增至3.04亿元,先瑞达医疗-B(06669)将迎长期价值释放\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 16:06 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/692124.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>当医药器械市场一时间被“带量采购”、“国产替代化”等政策同时左右情绪时,投资者似乎很难去平衡投资者标的的优劣程度。但俗话说,“牛市赚钱,熊市赚股”,那结合当前的走势,赚股绝对是投资者的立命安身之本。可器械板块该如何“赚股”?智通财经APP认为,这需要从其产品、业绩端着手。因为在高精尖器械成为各大企业追逐的方向之后,谁能拿到潜力、重磅产品,谁便能占领市场,兑现业绩,成为优质标的。自然,也就能赚到股。...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/692124.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1100":"医疗保健设备","06669":"先瑞达医疗-B","BK1574":"生物医药B类股","BK1587":"次新股"},"source_url":"http://www.zhitongcaijing.com/content/detail/692124.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2223480654","content_text":"当医药器械市场一时间被“带量采购”、“国产替代化”等政策同时左右情绪时,投资者似乎很难去平衡投资者标的的优劣程度。但俗话说,“牛市赚钱,熊市赚股”,那结合当前的走势,赚股绝对是投资者的立命安身之本。可器械板块该如何“赚股”?智通财经APP认为,这需要从其产品、业绩端着手。因为在高精尖器械成为各大企业追逐的方向之后,谁能拿到潜力、重磅产品,谁便能占领市场,兑现业绩,成为优质标的。自然,也就能赚到股。基于这一买卖逻辑,手握3款“国内第一”产品(膝上DCB、膝下DCB、外周抽吸系统全系产品),布局涵盖血管外科、心脏科、肾脏科、神经科及男科五大领域,搭建36条产品管线的先瑞达医疗-B(06669)显然是一只不可忽视的票。毕竟,从财报来看,公司的业绩可圈可点:2021年,先瑞达医疗实现营收3.04亿元(人民币,单位下同),同比增长56.6%;毛利润2.66亿元,同比增长62.4%;调整后的净利润为0.42亿元,同比大增141.8%。其中,备受瞩目的DCB产品全年营收上涨了约57%,为该公司产生了2.99亿元的收入。上市产品持续创收通览先瑞达医疗的财报,2021年公司在业绩端和业务端均有不少亮点。首先就业绩表现来看,如开篇所述,报告年度内公司的核心财务数据均呈向好态势。对于长期跟踪先瑞达医疗的投资者而言,或许并不会对公司取得的这一成绩感到意外。作为中国外周血管疾病介入医疗器械领域的龙头,先瑞达医疗的两款核心产品膝上DCB产品和膝下DCB产品在各自细分领域均处于领跑地位。具体来看,公司于2016年5月开发并推出的国内首款外周DCB产品AcoArt Orchid®& Dhalia™,比第二款同类产品领先约四年的时间;而若以2020年产生的收益计算,该款产品以约86.9%的市场份额在中国外周DCB市场中占据主导地位。先瑞达医疗的第二款核心产品膝下BCB产品AcoArt Tulip™& Litos™于2020年12月获批上市,成为国内首款,也是国际上第一款被临床验证的BTK DCB产品,且预期可在至少五年内保持在中国膝下DCB市场的领先地位。2021年,先瑞达医疗的上述两款核心产品市场表现依旧强势,期内分别实现收入2.75亿元、2409.4万元。盈利表现方面,先瑞达医疗的毛利率一贯出色,2021年该指标继续保持在较高水准,达到87.5%。作为对比,同期行业可比公司心脉医疗(688016.SH)和归创通桥-B(02190)的毛利率为78.05%和74.13%。智通财经APP认为,先瑞达医疗之所以能取得优于市场的财务表现,背后的重要原因正是在于公司核心产品临床试验结果优于竞品,叠加显著的先发优势,公司建立起了深厚的基本面护城河。而展望后市,先瑞达医疗又能否将现有的优势保持下去,甚至在未来进一步将优势差距扩大呢? 加码研发拉升价值曲线回顾中国介入器械领域的发展历史,众所周知这曾是外资巨头的天下。而如今,以先瑞达医疗为典型代表的中国创新力量喷薄而出。让行业由量变产生质变的关键因子无它,唯创新尔。作为全身血管介入医疗器械的执牛耳者,先瑞达医疗一贯对于研发高度重视,且近年来仍一直在加码研发端的投入。2019年-2021年,公司的研发费用分别为2547.9万元、8348.7万元、1.41亿元,同期研发费用率分别为20.4%、43.04%、46.5%,两组数据均呈稳步递增态势。得益于公司对于研发的重视,2021年先瑞达医疗在研发管线方面亦取得诸多进展。年内,先瑞达医疗新增2款产品获批上市,7款产品正处于临床实验中,有2款产品向FDA提交注册申请,全年新增注册了10项核心专利,3款产品实现国产第一。其中,尤为值得留意的是,2021年8月,先瑞达医疗的外周真空抽吸泵获批上市;11月,公司的外周抽吸导管AcoStream获批上市。至此,先瑞达医疗的外周血栓抽吸系统所有产品均已获批,这亦意味着公司从动脉领域向静脉领域跨出了关键一步。另外,值得一提的是,截至2021年年底,先瑞达医疗开发出了包括外周振波球囊(血管外科)、冠脉振波球囊(心脏科)、外周弹簧圈(血管外科)、等在内的6款全新产品,且产品开发进度极快。比如,振波球囊从立项到定型仅用了7个月时间。综合上述信息,不难看出先瑞达医疗其实并非部分投资者固有认知里的专攻DCB产品,而是从研发上便采取了“多条腿走路”的策略,除了DCB产品外还在积极探索其他的领域。看到这里,或许有投资者会有疑问,在进入壁垒较高的血管介入手术医疗器械领域,为何先瑞达医疗能够将研发的“战线”延伸到多个领域?智通财经APP认为,这就要归功于先瑞达医疗强大的底层能力了。一方面,先瑞达医疗的研发团队配置堪称豪华。原有技术团队覆盖了材料学、机械设计制造、化学和生物医学工程,根据当下及未来发展需要,先瑞达补充了电子科学技术、自动化及计算机编程方向的技术人员,进一步完善了人才储备量。有源方向人才的储备,也将加速先瑞达有源项目的快速落地,也为将来更多管线的研发提供了人才后盾。而除了在北京及深圳设有研发中心外,先瑞达医疗还于2021年11月在美国加州设立了Acotec Technologies Limited,由Scott Wilson担任总经理,主要聚焦前瞻性和创新性产品的研发。值得一提的是,在加入先瑞达之前,Scott拥有超过25年的医疗设备工程经验,曾担任Silk Road medical的研发副总裁,Concentric的首席董事和工程师,先后在Stryker及Guidant担任研发负责人,专注于血管领域疾病的治疗,曾开发了包括Trevo Stentreiver、Flow Gate 及 Distal Access Catheters(DAC)在内的多条产品线。另一方面,先瑞达医疗依托药物涂层技术、抽吸平台技术、高分子材料技术和射频消融技术这四大核心技术,打造了独特的技术平台。得益于该四类技术彼此间能产生巨大的协同效应,先瑞达医疗才有余力涉足包括心脏科、肾脏科、神经科乃至男科等在内的多个领域。商业化提速业绩增势料延续研发端既已积累了优势,那么在商业化层面自然也要努力将优势保持下去。根据财报披露,截至2021年12月31日,先瑞达医疗的膝下DCB产品在27个省、市、自治区完成挂网,合计完成288家医院入院;同期,公司的膝上DCB产品实现1283 家医院入院。此外,公司于2021年11月上市的外周抽吸导管,亦于2021年内完成了国家采购平台挂网。海外市场方面,先瑞达医疗亦取得了不俗成绩。截至2021年末,公司的产品已在全球12个国家实现商业化落地。BTK DCB的IDE申请也已向美国FDA递交。智通财经APP认为,在医疗器械领域,商业化的速度也是核心竞争力之一。当医生在熟悉、认可产品后,后来者若无技术或价格上的绝对优势,将很难撼动“前浪”的地位。回看先瑞达医疗主要产品的市场潜力,一如文章开头所述充满了想象力。近年来,主动脉、静脉外周血管疾病的患病率逐年上升,推动了微创介入手术在全球范围内的应用。特别是中国,2019年,各种血管疾病患病数便高达4.706亿人,手术量高达133.88万。另据弗若斯特沙利文报告显示,随着各类血管疾病患病率的上升,手术量预计将以15.07%的复合年增长率走高,而这意味着相关介入医疗器械的需求量将持续走俏。参考DCB产品在美国上市后使用量的迅速增长,上市三年后超越支架成为一线疗法,而中国DCB手术在介入手术中的渗透率有望得到快速提升。同时,随着未来我国PCI手术例数的增长,以及临床验证的适应症的拓宽和介入无植入理念的深入,预计DCB市场空间将更为广阔。综上,可以想见的是,在国内市场拥有显著先发优势的先瑞达医疗,依托强大的研发能力,有望进一步拉开与竞争者的差距;与此同时,伴随商业化产品矩阵日渐丰富,在核心产品获得海外市场认可后,公司全球范围内的商业化通路料将愈发顺畅。回看财报,此次年报再度确认了先瑞达医疗出色的成长性。鉴于公司在研管线数量众多,且接下来陆续将有更多重磅产品和技术商业化,中长期看先瑞达医疗延续业绩增势的确定性极高。诚然,以公司上市以来的股价表现来看,颇有些差强人意,但先瑞达医疗股价承压很大一部分原因在于港股大盘的走熊。正所谓“熊市赚股”,投资者大可以在此时保持“贪婪”。综合考虑到公司基本面无虞,未来成长确定性极高,先瑞达医疗可视为投资者重点关注的医疗器械标的。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":637449502,"gmtCreate":1648214953531,"gmtModify":1648214953531,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"目标价给100吧[捂脸] [捂脸] [捂脸] ","listText":"目标价给100吧[捂脸] [捂脸] [捂脸] ","text":"目标价给100吧[捂脸] [捂脸] [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/637449502","repostId":"2222605881","repostType":2,"repost":{"id":"2222605881","weMediaInfo":{"introduction":"凤凰网港股","home_visible":1,"media_name":"凤凰网港股","id":"1002821290","head_image":"https://static.tigerbbs.com/b6fb647077f1ce46dc341fc35c26e817"},"pubTimestamp":1648207263,"share":"https://www.laohu8.com/m/news/2222605881?lang=&edition=full","pubTime":"2022-03-25 19:21","market":"us","language":"zh","title":"【券商聚焦】花旗:维持蔚来(NIO)买入评级 目标价87美元","url":"https://stock-news.laohu8.com/highlight/detail?id=2222605881","media":"凤凰网港股","summary":"花旗分析师Jeff Chung维持蔚来(NIO)买入评级,目标价为87美元。分析师在一份研究报告中告诉投资者,Nio报告第四季度汽车利润率强于预期,但其整体毛利率季度环比下降3.1%,原因是第四季度基准效应非常高,新增了电动汽车信贷收入。该分析师认为,投资者将能够在分析师简报中寻找关于电池成本上涨数字和芯片供应评论中看到更多细节。","content":"<html><body><p><font size=\"3\"><a href=\"https://laohu8.com/S/C\">花旗</a>分析师Jeff Chung维持<a href=\"https://laohu8.com/S/NIO\">蔚来</a>(NIO)买入评级,目标价为87美元。</font></p><p><font size=\"3\">分析师在一份研究报告中告诉投资者,Nio报告第四季度汽车利润率强于预期,但其整体毛利率季度环比下降3.1%,原因是第四季度基准效应非常高,新增了电动汽车信贷收入。该分析师认为,投资者将能够在分析师简报中寻找关于电池成本上涨数字和芯片供应评论中看到更多细节。</font></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>【券商聚焦】花旗:维持蔚来(NIO)买入评级 目标价87美元</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n【券商聚焦】花旗:维持蔚来(NIO)买入评级 目标价87美元\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1002821290\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b6fb647077f1ce46dc341fc35c26e817);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">凤凰网港股 </p>\n<p class=\"h-time\">2022-03-25 19:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><font size=\"3\"><a href=\"https://laohu8.com/S/C\">花旗</a>分析师Jeff Chung维持<a href=\"https://laohu8.com/S/NIO\">蔚来</a>(NIO)买入评级,目标价为87美元。</font></p><p><font size=\"3\">分析师在一份研究报告中告诉投资者,Nio报告第四季度汽车利润率强于预期,但其整体毛利率季度环比下降3.1%,原因是第四季度基准效应非常高,新增了电动汽车信贷收入。该分析师认为,投资者将能够在分析师简报中寻找关于电池成本上涨数字和芯片供应评论中看到更多细节。</font></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO":"蔚来"},"source_url":"http://hknews.szfuit.com/newRssInfo/feed?original_id=55a90e07312b1fbd7df84c9b5801487a","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222605881","content_text":"花旗分析师Jeff Chung维持蔚来(NIO)买入评级,目标价为87美元。分析师在一份研究报告中告诉投资者,Nio报告第四季度汽车利润率强于预期,但其整体毛利率季度环比下降3.1%,原因是第四季度基准效应非常高,新增了电动汽车信贷收入。该分析师认为,投资者将能够在分析师简报中寻找关于电池成本上涨数字和芯片供应评论中看到更多细节。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":637420180,"gmtCreate":1648204089162,"gmtModify":1648204089162,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$</a>牛是你牛,<a href=\"https://laohu8.com/S/LKCO\">$箩筐技术(LKCO)$</a>了解下,希望你们能有合作。","listText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$</a>牛是你牛,<a 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href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>第三季度财报公布,稳两个字稳健。接着昨晚说的,预计蔚来2021年将在轿车平台推出走量的竞争性产品,那时候选择蔚来产品的路更多,千亿市值踩在脚下。如今nio已成热门股,大家都开始慢慢认可特斯拉第二了,而且还是高端的电动车,与小鹏,理想的同涨同跌,或是现在,或是不久,就会各走各的。投行们看着三季度报告,接下去会有什么行动?师母已呆。","text":"$蔚来(NIO)$第三季度财报公布,稳两个字稳健。接着昨晚说的,预计蔚来2021年将在轿车平台推出走量的竞争性产品,那时候选择蔚来产品的路更多,千亿市值踩在脚下。如今nio已成热门股,大家都开始慢慢认可特斯拉第二了,而且还是高端的电动车,与小鹏,理想的同涨同跌,或是现在,或是不久,就会各走各的。投行们看着三季度报告,接下去会有什么行动?师母已呆。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/307725727","isVote":1,"tweetType":1,"viewCount":3739,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"content":"果不其然,又猜对一个,2021和2022每年发布一辆轿车,应该是慢慢渗透到中端市场。接下去还有芯片。","text":"果不其然,又猜对一个,2021和2022每年发布一辆轿车,应该是慢慢渗透到中端市场。接下去还有芯片。","html":"果不其然,又猜对一个,2021和2022每年发布一辆轿车,应该是慢慢渗透到中端市场。接下去还有芯片。"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":305869480,"gmtCreate":1604935616840,"gmtModify":1703835350031,"author":{"id":"3532666003429721","authorId":"3532666003429721","name":"泥泞之后花开满地","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3532666003429721","idStr":"3532666003429721"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LI\">$理想汽车(LI)$</a>理想或许只能在中国特有的环境有销量,这电耗油耗比不过日本车企,用一个发动机发电开车,这还真是笑话,这车也只能国内卖,适合绿牌,若将来收紧绿牌政策,打击最大的就是你咯。当时试驾的时候,答非所问的试驾员,音箱的**极差记忆犹新,前面板娱乐系统副驾的那个,真正使用率有多高,摸着良心说吧。就这样,不黑不吹,理想就是中规中矩的车企,连升级召回都没拿捏好,还投你作甚?","listText":"<a 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href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>蔚来中国总部启用,最有亮点的就是与江淮展开先进制造基地扩建工作,希望在三季度财报上,能透露更多细节。","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>蔚来中国总部启用,最有亮点的就是与江淮展开先进制造基地扩建工作,希望在三季度财报上,能透露更多细节。","text":"$蔚来(NIO)$蔚来中国总部启用,最有亮点的就是与江淮展开先进制造基地扩建工作,希望在三季度财报上,能透露更多细节。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/300231559","isVote":1,"tweetType":1,"viewCount":1543,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3496664393387249","authorId":"3496664393387249","name":"劉建明","avatar":"https://static.tigerbbs.com/2620bfe36c66c0ddc325ceb37883470f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3496664393387249","idStr":"3496664393387249"},"content":"确实 抓到重点了","text":"确实 抓到重点了","html":"确实 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href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>买在成长阶段,而不是稳增长阶段,两款轿车,呵呵,定位和时间节点拿捏相当好,因为有很多潜在车主是喜欢轿车的,只是希望这次发布到上市,来得快一点,可以下个定论,100美金不是问题,也就是千亿市值不是问题,就看产品上线进度了,加油吧,蔚来!","listText":"<a 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