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开车了滴滴滴
2023-08-16
$理想汽车(LI)$
理想可以看多嘛[开心] 今天试驾了理想L9,智能方面对比传统汽车没的说,较为满意的底盘特别舒适,[开心] 跟同价位我在开的GLC完全秒爆了,打算置换[开心] [开心]
开车了滴滴滴
2023-08-16
[捂脸] 一辆奔驰跌没了
开车了滴滴滴
2023-08-09
哗众取宠
理想的破绽,在财报之外
开车了滴滴滴
2023-08-07
$La Rosa Holdings Corp(LRHC)$
又推迟时间啦[捂脸] 申购了我又取消了
开车了滴滴滴
2023-07-31
$京东(JD)$
[开心] 雄起
开车了滴滴滴
2023-07-31
瞎巴巴,小鹏雄起
$小鹏汽车(XPEV)$
抱歉,原内容已删除
开车了滴滴滴
2023-07-26
$小鹏汽车(XPEV)$
[微笑] 上到30
开车了滴滴滴
2023-07-26
$小鹏汽车(XPEV)$
想起来
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[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/209676349739096","isVote":1,"tweetType":1,"viewCount":4189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":209675316949024,"gmtCreate":1692196022527,"gmtModify":1692196851984,"author":{"id":"4135430872474840","authorId":"4135430872474840","authorIdStr":"4135430872474840","name":"开车了滴滴滴","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[捂脸] 一辆奔驰跌没了","listText":"[捂脸] 一辆奔驰跌没了","text":"[捂脸] 一辆奔驰跌没了","images":[{"img":"https://static.tigerbbs.com/cb504e87885e7167153b3cde7c2587c0","width":"914","height":"1340"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/209675316949024","isVote":1,"tweetType":1,"viewCount":680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":206946864238808,"gmtCreate":1691553496590,"gmtModify":1691553497939,"author":{"id":"4135430872474840","authorId":"4135430872474840","authorIdStr":"4135430872474840","name":"开车了滴滴滴","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"哗众取宠","listText":"哗众取宠","text":"哗众取宠","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/206946864238808","repostId":"2357282992","repostType":4,"repost":{"id":"2357282992","pubTimestamp":1691546482,"share":"https://www.laohu8.com/m/news/2357282992?lang=&edition=full","pubTime":"2023-08-09 10:01","market":"us","language":"zh","title":"理想的破绽,在财报之外","url":"https://stock-news.laohu8.com/highlight/detail?id=2357282992","media":"略大参考","summary":"理想的二季度财报几乎挑不出刺。论毛利,在家家打价格战的情况下,理想的毛利率依然保持上涨,接近22%。也是在第二季度,理想的月销量突破了3万大关。销量增长后,理想的渠道扩展速度也在变快。二季度,理想净利润高达23.1亿元,同比扭亏为盈,环比增长147.4%。理想二季度的另一个重大项目,来自智能驾驶。理想的势头,很像是2021年的特斯拉。","content":"<html><head></head><body><blockquote><strong>汽车不是互联网社交,能像微信一样独占市场。这里有一个又一个虎视眈眈的对手,试图用更低的价格,更高的配置,更独特的设计来颠覆守擂者。即使强如<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>、理想,也不敢说高枕无忧。</strong></blockquote><p>理想的二季度财报几乎挑不出刺,但股价还是大跌了!截至发稿,理想汽车-W盘中跌超6%。论销量,理想刚刚突破3万大关,已经把其他新势力甩在身后。论毛利,在家家打价格战的情况下,理想的毛利率依然保持上涨,接近22%。论赚钱,理想的净利润率已经达到10%左右。如此完美的数据,很容易让人想起2021年的特斯拉。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b840d9e50541846beaf3ae102ee014aa\" tg-width=\"560\" tg-height=\"240\"/></p><p>那一年的特斯拉正处在真正的巅峰,销量暴增,利润翻了6倍,股价翻了四倍。从销量到利润,从品牌到技术,特斯拉身上几乎挑不出破绽。</p><p>但一年以后,特斯拉就迎来了最坏的一年。 <a href=\"https://laohu8.com/S/002594\">比亚迪</a> 崛起,夺走了特斯拉销冠的名号。供应链问题频发,一度影响产能。车型的单一、老化,使得一部分消费者流向其他品牌。最终,特斯拉的收入增速大幅度下滑,全年股价跌去近7成。</p><p>某种程度上,眼下的理想也像2021年的特斯拉一样:成绩足够优秀,但隐忧依然存在,更是远远没到高枕无忧的地步。</p><p><strong>01 收入:销量一样好</strong></p><p>二季度,理想共交付8.65万台新车,同比增长201.6%。也是在第二季度,理想的月销量突破了3万大关。</p><p>由于单车售价的提高,二季度的收入增长还要更快一些,同比增长228.1%,达到286.5亿元,环比也增长了62.8%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72eedcb34e498699b5295c4023e88fda\" title=\"\" tg-width=\"550\" tg-height=\"353\"/></p><p>收入结构来看,相较于<a href=\"https://laohu8.com/S/NIO\">蔚来</a>和特斯拉,理想还是更依赖卖车,其他销售和服务收入仅为6.8亿元,占比还不到3%。且增速才173.4%,并没有交付量的增长快。</p><p>销量增长后,理想的渠道扩展速度也在变快。单季度开店32家,而上一季度,理想仅仅开了11家店。</p><p>不过理想的销售成本增加速度还算合理。二季度,理想销售、一般及管理费用为23.1亿元,同比增长74.3%,环比增加40.4%,均低于收入的增速。</p><p>作为蔚小理中研发占比长期垫底的一个,理想对研发投入的加大幅度有限。研发费用为24.3亿元,大幅度增加了58.4%。</p><p>绝对数字不算少,但在收入大增下,理想的研发费用占比显得很低:才刚过8%。相比业绩上的成功,这样的投入还是显得有些抠了。</p><p><strong>02 利润:能谈净利润的新势力</strong></p><p>挣得多,花得省,理想的利润数据因此特别好看。</p><p>在另外两家新势力还在为亏损头疼时,理想的赚钱能力已经越来越接近成熟车企。</p><p>二季度,理想的毛利率基本维持稳定,为21.8%,此消彼长后,已经超过了特斯拉的毛利率,进入全球 新能源车 企毛利率的第一梯队。</p><p>毛利达到62.4亿元,同比增长232%,环比增长62.7%。</p><p>经营利润为16.3亿,环比增加301%,同比扭亏为盈,去年同期为9.78亿元。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2aaf67db2ce3a439211c4705ff89b21d\" title=\"\" tg-width=\"550\" tg-height=\"282\"/></p><p>由于发展年头短,外界对新势力的数据考量很少提到净利润。但进入今年第二季度,理想的净利润数据已经达到了成熟车企水平。</p><p>二季度,理想净利润高达23.1亿元,同比扭亏为盈,环比增长147.4%。Non-GAAP净利润达到了27.3亿元,净利率直逼10%。已经达到了丰田在2022年、以及比亚迪在今年上半年的水平,这对于一家新势力来说十分不易。</p><p>连续优秀的利润表现后,理想的现金流已经养得非常健康。</p><p>二季度,理想经营现金流为111.1亿元,同比翻了十倍,环比增长42.8%。自由现金流为96.2亿元,环比增长43.6%。现金及等价物高达737.7亿元,同比增长近90亿元。</p><p><a href=\"https://laohu8.com/S/NIO.SI\">蔚来</a>小鹏刚刚接受了外界投资,而理想这边的钱几乎多到可以投资别人。</p><p><strong>03 新动向:新的收入增长点?</strong></p><p>8月3日,理想发布了L9 Pro。相比此前的版本降价3万元,并对芯片、激光雷达、摄像头等配置进行缩水,最终弱化了其辅助驾驶能力。算是一种“降价减配”。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27e19690a256b2a80875cdb52ac34460\" title=\"\" tg-width=\"550\" tg-height=\"910\"/></p><p>此前,蔚来也通过去掉换电服务实现了3万元的降价,并换来了月销量突破两万的回报。而<a href=\"https://laohu8.com/S/LI\">理想汽车</a>从成立以来一直不以<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>化能力著称,这种降价减配方式更容易被消费者接受。根据汽车网站的投票,大约4成的消费者愿意选择缩水的Pro版本。</p><p>作为价格战为数不多的“遗珠”,理想L系列上市以来一直没有降价消息,理想L9 Pro的发售算是第一次,此举有望再次提振理想的月销量。</p><p>理想二季度的另一个重大项目,来自智能驾驶。</p><p>在6月份的家庭科技日活动上,理想展示了城市 NOA 与通勤 NOA 的开放计划。据发布会介绍,理想通勤 NOA 通过 AI 大模型的帮助,不依赖高精地图,可以做到接近人类司机的驾驶表现。</p><p>这一服务并不收费,但必须要AD max系统的车型才能用,也就是L系列的最高配车型才有。</p><p>这意味着,理想的辅助驾驶系统可以帮助品牌单车价格获得3-4万元的提升,也算是间接的卖智能驾驶包了。</p><p>此外,二季度,理想还公布了品牌的第一台纯电汽车:MEGA。</p><p>该车属于MPV,将于今年四季度发布。按照发布会的说法,MEGA将打破高端纯电车无爆款的现状,并成为50万以上全品类最畅销的乘用车,不论能源类型或车型。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/253fd9069ce482f006e173a4db22bbaf\" title=\"\" tg-width=\"550\" tg-height=\"332\"/></p><p>不过目前的数据,国内MPV单车的月销量冠军大多在1万台出头,MPV想超过各类<a href=\"https://laohu8.com/S/DLX\">豪华</a>SUV和轿车,难度远比L系列的成绩大得多。</p><p><strong>04 隐忧:理想有裂痕吗?</strong></p><p>理想的势头,很像是2021年的特斯拉。</p><p>那一年,特斯拉营收超过了500亿美元,同比大增71%,净利润达到55.2亿美元,同比大增665%,完成连续10个季度盈利。</p><p>彼时的特斯拉风头正盛,几乎找不到任何弱点:销量上,特斯拉已经成为了全球第一新能源车企,价位也集中在高端。相比理想,特斯拉还有强大的技术能力,以及马斯克个人魅力加持下的独特品牌价值。</p><p>几乎想不出特斯拉怎么输。</p><p>然而短短一年后,特斯拉就迎来了至暗时刻。整个2022年,特斯拉的股价下滑约69%,接近7成股价蒸发,直到今天还没缓过来。</p><p>那一年,特斯拉依然在高歌猛进,但速度比前两年明显慢了太多。由于疫情导致的供应链问题,各地对电动车取消补助、产能不足、以及竞争对手崛起等种种原因,2022年没有达到交付量增加50%的销量目标。</p><p>特别是在中国市场。此前两年,特斯拉在中国市场的收入都以100%以上的速度暴涨着。但来到2022年,特斯拉在华营收大降至31%。远低于51%的总增速。</p><p>这当然离不开中国市场对手的强劲,尤其是马斯克此前瞧不起的比亚迪。</p><p>整个2022年,比亚迪卖了186.85万辆车,同比增长152.5%,一举超过特斯拉的131万辆,成为全球第一新能源车企。在中国市场,比亚迪汉和比亚迪唐严重侵蚀着特斯拉的市场空间。</p><p>就连特斯拉前董事会成员也不得不承认“特斯拉第一次有了一个真正的挑战者。”</p><p>眼下,理想的挑战者也不少。</p><p>蔚来的月销量再次破两万,重新获得和理想坐在一张桌子的机会。长城的蓝山销量初具规模,比亚迪的腾势N8已经上市。30万以上的高端SUV的丰厚利润,已经有越来越多的品牌眼馋。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9356743ce932f3c7191755736391b6b8\" title=\"\" tg-width=\"550\" tg-height=\"978\"/></p><p>汽车行业不是电力或烟草,没有绝对的位置优势。汽车也不是互联网社交,能像微信一样独占市场。这里有一个又一个虎视眈眈的对手,试图用更低的价格,更高的配置,更独特的设计来颠覆守擂者。即使强如特斯拉、理想,也不敢说高枕无忧。</p><p>马斯克在去年曾经感慨:“前方有暴风雨天气,但之后会有阳光。”对理想来说,当下当然是阳光灿烂,但保不齐前面也有暴风雨。舒适区的安稳日子,还远远没有到来。</p></body></html>","source":"ldck","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>理想的破绽,在财报之外</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { 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理想的破绽,在财报之外\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-09 10:01 北京时间 <a href=https://mp.weixin.qq.com/s/Za_keI69jnes9El2sh1wTg><strong>略大参考</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>汽车不是互联网社交,能像微信一样独占市场。这里有一个又一个虎视眈眈的对手,试图用更低的价格,更高的配置,更独特的设计来颠覆守擂者。即使强如特斯拉、理想,也不敢说高枕无忧。理想的二季度财报几乎挑不出刺,但股价还是大跌了!截至发稿,理想汽车-W盘中跌超6%。论销量,理想刚刚突破3万大关,已经把其他新势力甩在身后。论毛利,在家家打价格战的情况下,理想的毛利率依然保持上涨,接近22%。论赚钱,理想的...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/Za_keI69jnes9El2sh1wTg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2c0ab7d3f5d89bb403311ca0a8e68f8e","relate_stocks":{"LI":"理想汽车","02015":"理想汽车-W"},"source_url":"https://mp.weixin.qq.com/s/Za_keI69jnes9El2sh1wTg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2357282992","content_text":"汽车不是互联网社交,能像微信一样独占市场。这里有一个又一个虎视眈眈的对手,试图用更低的价格,更高的配置,更独特的设计来颠覆守擂者。即使强如特斯拉、理想,也不敢说高枕无忧。理想的二季度财报几乎挑不出刺,但股价还是大跌了!截至发稿,理想汽车-W盘中跌超6%。论销量,理想刚刚突破3万大关,已经把其他新势力甩在身后。论毛利,在家家打价格战的情况下,理想的毛利率依然保持上涨,接近22%。论赚钱,理想的净利润率已经达到10%左右。如此完美的数据,很容易让人想起2021年的特斯拉。那一年的特斯拉正处在真正的巅峰,销量暴增,利润翻了6倍,股价翻了四倍。从销量到利润,从品牌到技术,特斯拉身上几乎挑不出破绽。但一年以后,特斯拉就迎来了最坏的一年。 比亚迪 崛起,夺走了特斯拉销冠的名号。供应链问题频发,一度影响产能。车型的单一、老化,使得一部分消费者流向其他品牌。最终,特斯拉的收入增速大幅度下滑,全年股价跌去近7成。某种程度上,眼下的理想也像2021年的特斯拉一样:成绩足够优秀,但隐忧依然存在,更是远远没到高枕无忧的地步。01 收入:销量一样好二季度,理想共交付8.65万台新车,同比增长201.6%。也是在第二季度,理想的月销量突破了3万大关。由于单车售价的提高,二季度的收入增长还要更快一些,同比增长228.1%,达到286.5亿元,环比也增长了62.8%。收入结构来看,相较于蔚来和特斯拉,理想还是更依赖卖车,其他销售和服务收入仅为6.8亿元,占比还不到3%。且增速才173.4%,并没有交付量的增长快。销量增长后,理想的渠道扩展速度也在变快。单季度开店32家,而上一季度,理想仅仅开了11家店。不过理想的销售成本增加速度还算合理。二季度,理想销售、一般及管理费用为23.1亿元,同比增长74.3%,环比增加40.4%,均低于收入的增速。作为蔚小理中研发占比长期垫底的一个,理想对研发投入的加大幅度有限。研发费用为24.3亿元,大幅度增加了58.4%。绝对数字不算少,但在收入大增下,理想的研发费用占比显得很低:才刚过8%。相比业绩上的成功,这样的投入还是显得有些抠了。02 利润:能谈净利润的新势力挣得多,花得省,理想的利润数据因此特别好看。在另外两家新势力还在为亏损头疼时,理想的赚钱能力已经越来越接近成熟车企。二季度,理想的毛利率基本维持稳定,为21.8%,此消彼长后,已经超过了特斯拉的毛利率,进入全球 新能源车 企毛利率的第一梯队。毛利达到62.4亿元,同比增长232%,环比增长62.7%。经营利润为16.3亿,环比增加301%,同比扭亏为盈,去年同期为9.78亿元。由于发展年头短,外界对新势力的数据考量很少提到净利润。但进入今年第二季度,理想的净利润数据已经达到了成熟车企水平。二季度,理想净利润高达23.1亿元,同比扭亏为盈,环比增长147.4%。Non-GAAP净利润达到了27.3亿元,净利率直逼10%。已经达到了丰田在2022年、以及比亚迪在今年上半年的水平,这对于一家新势力来说十分不易。连续优秀的利润表现后,理想的现金流已经养得非常健康。二季度,理想经营现金流为111.1亿元,同比翻了十倍,环比增长42.8%。自由现金流为96.2亿元,环比增长43.6%。现金及等价物高达737.7亿元,同比增长近90亿元。蔚来小鹏刚刚接受了外界投资,而理想这边的钱几乎多到可以投资别人。03 新动向:新的收入增长点?8月3日,理想发布了L9 Pro。相比此前的版本降价3万元,并对芯片、激光雷达、摄像头等配置进行缩水,最终弱化了其辅助驾驶能力。算是一种“降价减配”。此前,蔚来也通过去掉换电服务实现了3万元的降价,并换来了月销量突破两万的回报。而理想汽车从成立以来一直不以智能化能力著称,这种降价减配方式更容易被消费者接受。根据汽车网站的投票,大约4成的消费者愿意选择缩水的Pro版本。作为价格战为数不多的“遗珠”,理想L系列上市以来一直没有降价消息,理想L9 Pro的发售算是第一次,此举有望再次提振理想的月销量。理想二季度的另一个重大项目,来自智能驾驶。在6月份的家庭科技日活动上,理想展示了城市 NOA 与通勤 NOA 的开放计划。据发布会介绍,理想通勤 NOA 通过 AI 大模型的帮助,不依赖高精地图,可以做到接近人类司机的驾驶表现。这一服务并不收费,但必须要AD max系统的车型才能用,也就是L系列的最高配车型才有。这意味着,理想的辅助驾驶系统可以帮助品牌单车价格获得3-4万元的提升,也算是间接的卖智能驾驶包了。此外,二季度,理想还公布了品牌的第一台纯电汽车:MEGA。该车属于MPV,将于今年四季度发布。按照发布会的说法,MEGA将打破高端纯电车无爆款的现状,并成为50万以上全品类最畅销的乘用车,不论能源类型或车型。不过目前的数据,国内MPV单车的月销量冠军大多在1万台出头,MPV想超过各类豪华SUV和轿车,难度远比L系列的成绩大得多。04 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href=\"https://laohu8.com/S/0P6N.UK\">大众集团</a>宣布向小鹏增资约7亿美元(约合50亿元人民币),持有后者4.99%的股份,双方约定将于2026年在中国市场共同开发大众品牌电动车,;受该消息刺激推动,小鹏汽车上周累计上涨60.65%。</p><p>但数据显示,2023年上半年,小鹏汽车交付<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电动车数量为4.14万辆,同比下滑约40%,并且在中国造车新势力品牌中由第一位跌至第七位。需要提出的是,2023年一季度,小鹏汽车现金及现金等价物、受限制现金、短期投资及定期存款为341.2亿元,比起2022年底的382.5亿元的现金储备缩水约41亿元。同时7月31日UBS将小鹏汽车评级从买入下调评级为中性,最新目标价为23.00美元。</p><p>小鹏此前发布的第一季度业绩数据看,小鹏汽车一季度实现营业收入40.3亿元,同比下降45.9%,环比下降21.5%,低于市场预期的51.94亿元。其中,公司汽车销售收入35.1亿元,同比下降49.8%,环比下降24.6%。2023年第一季度单季净亏损为23.4亿元,此前市场预估为亏损18.98亿元,同比上年同期净亏损17亿元,亏损金额扩大了37.6%。</p><p>不仅如此,小鹏的毛利率水平也受到巨大影响。2023年一季度,公司的整体毛利率暴跌至1.7%,同比降低了10.5个百分点。其中,公司的汽车毛利率更是跌至-2.5%,这是小鹏近三年以来首次出现负的汽车毛利率。这也意味着,在整个一季度,小鹏基本处于“亏本赚吆喝”状态。</p><p>有分析师认为,从双方合作的内容上看,小鹏汽车扮演的角色更多的是“技术输出”,也可以理解成成为了大众的“代工厂”。且大众投资小鹏,并不是把所有的技术押宝在国产品牌身上,只是多方案并行而已。从全球市场来看,其他主要市场(北美、日本、德国等)对智能化的需求不高,但国内市场在这一块确实相当“卷”。跟国产新势力合作,也有助于大众在中国市场快速补齐短板。</p>\n<div>\n<div>\r\n 责任编辑:史文瑞 RF13549\r\n </div>\n</div>\n</div></body></html>","source":"jinrongjie_highlight","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>评级遭遇下调且合作大众被指沦为“代工厂” 小鹏汽车早盘大跌近13%</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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class=\"title\">\n评级遭遇下调且合作大众被指沦为“代工厂” 小鹏汽车早盘大跌近13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-31 21:44 北京时间 <a href=https://usstock.jrj.com.cn/2023/07/31214437728505.shtml><strong>金融界</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>金融界7月31日消息,周一美股开盘,小鹏汽车未能延续上周强势表现,股价大幅下调。截止发稿,小鹏汽车股价下跌12.96%报20.35美元,市值176亿美元。上周,大众集团宣布向小鹏增资约7亿美元(约合50亿元人民币),持有后者4.99%的股份,双方约定将于2026年在中国市场共同开发大众品牌电动车,;受该消息刺激推动,小鹏汽车上周累计上涨60.65%。但数据显示,2023年上半年,小鹏汽车交付智能...</p>\n\n<a href=\"https://usstock.jrj.com.cn/2023/07/31214437728505.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://usstock.jrj.com.cn/2023/07/31214437728505.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2355938645","content_text":"金融界7月31日消息,周一美股开盘,小鹏汽车未能延续上周强势表现,股价大幅下调。截止发稿,小鹏汽车股价下跌12.96%报20.35美元,市值176亿美元。上周,大众集团宣布向小鹏增资约7亿美元(约合50亿元人民币),持有后者4.99%的股份,双方约定将于2026年在中国市场共同开发大众品牌电动车,;受该消息刺激推动,小鹏汽车上周累计上涨60.65%。但数据显示,2023年上半年,小鹏汽车交付智能电动车数量为4.14万辆,同比下滑约40%,并且在中国造车新势力品牌中由第一位跌至第七位。需要提出的是,2023年一季度,小鹏汽车现金及现金等价物、受限制现金、短期投资及定期存款为341.2亿元,比起2022年底的382.5亿元的现金储备缩水约41亿元。同时7月31日UBS将小鹏汽车评级从买入下调评级为中性,最新目标价为23.00美元。小鹏此前发布的第一季度业绩数据看,小鹏汽车一季度实现营业收入40.3亿元,同比下降45.9%,环比下降21.5%,低于市场预期的51.94亿元。其中,公司汽车销售收入35.1亿元,同比下降49.8%,环比下降24.6%。2023年第一季度单季净亏损为23.4亿元,此前市场预估为亏损18.98亿元,同比上年同期净亏损17亿元,亏损金额扩大了37.6%。不仅如此,小鹏的毛利率水平也受到巨大影响。2023年一季度,公司的整体毛利率暴跌至1.7%,同比降低了10.5个百分点。其中,公司的汽车毛利率更是跌至-2.5%,这是小鹏近三年以来首次出现负的汽车毛利率。这也意味着,在整个一季度,小鹏基本处于“亏本赚吆喝”状态。有分析师认为,从双方合作的内容上看,小鹏汽车扮演的角色更多的是“技术输出”,也可以理解成成为了大众的“代工厂”。且大众投资小鹏,并不是把所有的技术押宝在国产品牌身上,只是多方案并行而已。从全球市场来看,其他主要市场(北美、日本、德国等)对智能化的需求不高,但国内市场在这一块确实相当“卷”。跟国产新势力合作,也有助于大众在中国市场快速补齐短板。\n\n\r\n 责任编辑:史文瑞 RF13549","news_type":1},"isVote":1,"tweetType":1,"viewCount":1072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":202125888950344,"gmtCreate":1690385120608,"gmtModify":1690386216507,"author":{"id":"4135430872474840","authorId":"4135430872474840","authorIdStr":"4135430872474840","name":"开车了滴滴滴","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$ </a>[微笑] 上到30","listText":"<a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$ </a>[微笑] 上到30","text":"$小鹏汽车(XPEV)$ [微笑] 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