NIO stock forecast 2025: 2021 Q1 report analysis

April 30, NIO announced the first quarter of the 2021 financial report.

Revenue reached 7.98 billion yuan, a year-on-year increase of 481.8%, and a month-on-month increase of 20.2%; gross profit was 1.5548 billion yuan, a month-on-month increase of 36.2%, and last year was -167.5 million yuan; a net loss of 350 million yuan was significantly narrowed year-on-year and month-on-month. Various indicators show that NIO's performance in the first quarter of this year is very impressive.

Gross profit margin exceeds 20% for the first time

NIO’s Q1 car sales were 7.40058 billion yuan, a year-on-year increase of 489.8% and a month-on-month increase of 20.0%. The gross profit margin of automobile sales was 21.2%, exceeding 20% for the first time, a significant increase from -7.4% in Q1 of 2020 and 17.2% in Q4 of 2020. In addition, Weilai's Q1 comprehensive gross profit margin in 2021 will also reach 19.5%.

The founder, chairman, and CEO of NIO said: A gross profit margin of more than 20% indicates that we have reached a state of relatively healthy operations.

The rapid increase in Q1 gross profit margin was attributed to the increase in the average transaction price caused by the continuously rising delivery volume and the increase in the delivery volume of high-end models. In addition, costs have also dropped.

Increasing gross profit margin has been an operating indicator that NIO has focused on since last year. To this end, Weilai has taken several measures, including layoffs last year. In Q2 of 2020, NIO's gross profit margin turned from negative to positive for the first time. By the end of last year, both the comprehensive gross profit margin and auto sales gross profit margin reached 17.2%.

Q1 losses narrowed sharply

While revenue and gross profit margin increased substantially, NIO's losses continued to narrow. In 2021, the Q1 net loss was 451 million yuan, a decrease of 73.3% year-on-year and a decrease of 67.5% month-on-month. Excluding share compensation expenses, the adjusted net loss (non-GAAP) was 354.6 million yuan, a decrease of 78.6% year-on-year (a loss of 1.659 billion yuan in Q1 last year) and a 73.3% decrease from the previous quarter (a loss of 1.328 billion yuan in Q4 last year).

Judging from the situation in the first quarter, the net profit of NIO Q2 is expected to turn from negative to positive.

Delivery in 2021 is expected to hit 100,000 vehicles

In Q1 of 2021, Weilai delivered a total of 2,060 vehicles, a year-on-year increase of 422.7% and a month-on-month increase of 15.6%. Among them, ES8 delivered 4,516 vehicles, ES6 delivered 8088 vehicles, and EC6 delivered 7456 vehicles.

At present, NIO’s orders continue to grow, and the main challenge in Q2 is still the supply chain risk brought about by global chip shortages.

On April 7 this year, NIO's 100,000th production car rolled off the assembly line. Looking back at the delivery cycle of NIO, the first 50,000 units took 26 months, and the second 50,000 units took only 9 months.

In general, Q1 is the off-season, but NIO's delivery volume also exceeds 20,000 and is expected to reach 100,000 this year, which will create a sales record for high-end models of Chinese brands.

The opening of the second factory by Weilai and its huge production capacity show that NIO has great confidence in the growth potential of its delivery volume.

Expansion/recharging/recharging and after-sales network construction is steadily advancing

For this year's development, the production and testing of NIO's first smart electric flagship sedan ET7 are in full swing. The body of the first production line of the new car officially rolled off the assembly line on April 2 this year, and the interior design was unveiled for the first time on April 19, fully demonstrating the design concept of the ET7 second living room.

Due to the short-term impact of the chip, the NIO factory suspended production for five working days between the end of March and the beginning of April.

During the shutdown and holidays, NIO and its partners have transformed the factory's production line to prepare for the mass production of ET7. Get ready.

At the same time, the second-generation power station announced on 2021 NIO DAY has been deployed on April 15th. The battery compartment of the second-generation replacement station can hold up to 13 batteries, and the daily service capacity of a single station can reach 312 times, which further shortens the replacement time.

There is no need to get off the car for the whole process of the second-generation battery replacement. After all the vehicles are upgraded, one-key automatic parking and one-key self-service battery replacement can be realized.

As an important part of the NIO charging and swapping system, the second-generation swap station will be gradually launched nationwide in the future.

At present, NIO has built 206 swap stations, covering 77 cities. This year's goal for second-generation power stations is to increase to at least 500. At the same time, NIO will increase the construction of overcharging networks and destination charging piles.

So far, NIO has deployed more than 146 overcharging stations and 1826 destination charging piles in China and plans to reach 600 and 15,000 by the end of 2021, respectively.

On April 15, NIO and Sinopec formally signed a strategic cooperation agreement, and the two parties will work together to build a charging and swapping infrastructure.

This strategic cooperation will effectively guarantee the location resources of NIO's charging and swapping infrastructure, enhance the experience of electric vehicle users, and facilitate the further conversion of fuel vehicle users.

NIO also released the Power North plan: In the next three years, NIO plans to deploy 100 power station swaps, 120 mobile charging vehicles, 500 overcharging stations, and more than 2,000 overcharging piles in eight provinces and regions in northern China. And 10,000 destination charging piles.

NIO currently has 23 NIO centers and 211 NIO spaces in terms of sales and service network, covering 123 cities in China. At the same time, NIO currently has 33 NIO service centers and 162 authorized service centers.

Based on the continuous improvement of operational efficiency, NIO will continue to expand the after-sales service network layout in 2021 and further improve the after-sales service system.

Comments

INTC stock forecast 2025: Intel's acquisition of SiFive

SiFive, a chip design start-up company based on the RISC-V instruction set architecture, has received an acquisition intention from investor Intel. A person familiar with the matter, who asked not to be named, said that Intel has offered to buy SiFive for more than $2 billion. RISC-V with x86 and Arm As we all know, Intel dominates the industry leader in x86 architecture chip technology, while SiFive focuses on open-source RISC-V technology and employs several founding members of the RISC-V architecture. For a long time, the field of CPU instruction set architecture has been dominated by x86 and Arm. Since RISC-V was born at the University of California, Berkeley in 2010, it has gradually formed a certain competitive landscape with Arm after more than ten years of development. With the gradual refinement of the application field, the model of one chip making the world has become a thing of the past. Facing the hot AI and Internet of Things market, RISC-V i...

Catherine Wood's Disruptive Innovation ETF: Is ARKK worth buying?

ARKK ETF by Catherine Wood Catherine Wood's Disruptive Innovation ETF Warren Buffett is a stock god that everyone respected in the past, but in the past year, the female stock god Catherine Wood has become famous for the rising trend of technology stocks, and his head completely overshadows Buffett. Therefore, this time I want to talk to you in detail about the prestigious history of this female stock god. Catherine Wood founded ARK Investment in 2014 and listed the funds under her management under Exchange Traded Funds to facilitate investors to buy and sell, but the management fee is as low as some passive funds that track an index, about 0.75% per year. Ark Investment launched 4 ETFs in September and October 2014. The themes are Next Generation Internet, Automation Technology and Robots, Innovative Technology, and Genetics. Among them, Innovative Technology is currently the flagship ETF of Ark Investment and the most most popular ETF w...

Bear market coming, gold(GLD) assets become essential

The economic data of the global economic powers have been deteriorating, entering the bear market stage of the economy, and people have become more cautious when choosing asset investment. We should choose investment products with a low correlation coefficient with economic performance and investment products suitable for the current economic cycle. Investors should pay more attention to foreign exchange and commodity markets so that they can add value to your assets. Among many assets, anti-inflation commodities such as gold have become essential assets. Take gold as an example. For many years, gold has been regarded as an anti-inflation commodity by international capital markets and has been regarded as an important asset hedging tool by investors. There is also a saying, "The world bought gold during turbulent times." From basic political theory, we know that gold is not currency, and the currency is naturally gold and silver. Although gold has withdrawn from ...

4 George Soros advice to investors!

Who is George Soros? George Soros is a Hungarian-born Jewish businessman. It is one of the most influential investors in the world. In 1969, the Double Eagle Fund was established for Arnhold & S. Bleichroeder, an investment management company. In 1973, Soros and his assistant Rogers left Bleichroeder to co-found Soros Fund Management. In 1979, the well-known Quantum Fund was established and continued to make profits. In the Asian financial turmoil in 1997, George Soros sniped the Thai baht and the Hong Kong dollar, which was frightening. Learning from the experiences of successful people can benefit a lot. Here are 4 tips George Soros gave investors. First, to be successful, you must have ample free time. Most people want to be rich, but not everyone realizes the importance of free time. Many people spend a lot of time working to accumulate wealth, sleep, and forget. Set the goal to complete the work indicated by the superior, or the needs of business partners. But they hav...

Capital Flows Tracking Weekly

Release: January 27, 2021 The weekly Capital Flows estimate the industry's total, based on the report covering more than 98% of mutual fund and ETF assets. Collect actual mutual fund net new cash flows and ETF net issuance together monthly; therefore, there is a discrepancy between these weekly estimates and monthly flows. The data from the previous few weeks reflect revisions due to data adjustments, reclassifications, and changes in the number of fund reports. Mutual fund data represents the estimated value of net new cash flows, that is, new sales minus redemptions plus net exchanges, while exchange-traded fund (ETF) data represents net issuance, that is, net issuance minus total Redemption amount. This series does not include data on mutual funds that primarily invest in other mutual funds and ETFs that primarily invest in other ETFs.

ROKU stock forecast 2025: worth holding for a long time

1.The Roku Channel (TRC). The Roku Channel (TRC) will be a huge driving force for the company's growth. I think the market has not yet realized the huge potential of TRC. Currently, TRC is watched by 70 million people, which has doubled from last year. The growth rate is astonishing. Therefore, the ability of advertising monetization is getting stronger and stronger. ROKU mentioned in the Q1 quarterly report that if content providers promote their subscriptions in TRC, the effect will be twice as good as just on the ROKU platform. This fully shows the extremely strong marketing capabilities of TRC. The exclusive content of ROKU license Cipher has also become the most popular show in TRC, and then ROKU original packaged after the acquisition of Quibi will be launched, which will further increase the user viscosity of TRC. Roku's CEO said that the TRC flywheel has been turned, and the market seems to have not had time to digest this benefit. SVOD on the market i...

The relationship between Dow theory and the stock market!

Many technical analyses, such as morphological analysis and wave theory, use the Dow theory as the basis for the evolution of original technical analysis. Let's talk about the relationship between the Dow theory and today's stock market. Starting from the three most widely known theorems, theorems, market behavior is inclusive and digestive, market behavior follows the trend, and history will repeat itself. Among these three theorems, there are many Charles investment ideas, which can also be said to be the backbone of technical analysis. Charles' first theorem hoped that the market was originally a gathering place for hundreds of news. For example, Jun A believes that a country's civil war and unstable economy caused it to sell the shares of local companies; Jun B learned that the local companies will still have considerable profitability next year, so he bought the shares of local companies; Jun received a third different message and made an investment decision and...

Disney stock forecast 2025: Is it time to buy now?

The much-watched Disney released its second quarter financial report this year. Benefiting from the strong recovery of theme parks and the rapid growth of streaming media business, its net profit and revenue both beat expectations. Disney's stock price rose 5% after the market. Let's take a look at the highlights of Disney's earnings this quarter. In the second quarter, Disney’s total revenue reached 17.02 billion US dollars, exceeding analysts’ expectations of 16.76 billion US dollars, a year-on-year increase of 45.5%. Net profit turned from loss to profit, from a loss of US$4.721 billion last year to a profit of US$918 million. From the perspective of departmental business, Disney Parks, Experience and Products departments have brought a boost to the company's revenue. Since the economic restart, Disney's theme parks, cruise ships and offline merchandise retail businesses have all been greatly improved. The quarterly revenue of these bu...

Look for growth stocks, and let profits run!

let profits run Due to the recent rapid decline in the global stock market, many investors have suffered severe losses in the books they hold. How much money has been lost? What should I do now? Should the stock be sold immediately? Or wait for it to rebound before selling? I usually ask him, why would you buy stocks? Why do you still hold stocks? Sometimes they will tell me very frankly, because after listening to XX masters, XX experts, XX financial performances, or a friend, a relative, or a neighbor telling them, the stock price is very cheap now, so fast Click to buy, or after the stock has fallen for some time, these people will say that the current stock price is cheaper, and it should be evened down, and it will go up no matter what. If you are holding a lot of stocks in the stock market disaster because of this, you have already suffered heavy losses at this moment. I hope this is the last time you are recruited in the stock market. First, let's look at a practica...

VRTX stock forecast 2025: Vertex is undervalued

Let's look at some biotech companies with stable cash flow and currently undervalued value stocks as targets for diversified portfolios. The company I shared today, called Vertex Pharmaceuticals (VRTX), is dedicated to the development of rare diseases, especially Cystic Fibrosis (CF). I have always had high respect for the rare disease group of pharmaceutical companies in the disease category. In addition, in the future, gene and cell therapies are subverting the role of rare diseases in the pharmaceutical industry, making rare diseases no longer uncommon. It's tasteless, but a field full of the future. Vertex Pharmaceuticals Inc. was established in 1989 by Joshua Boger and Kevin Kinsella. is headquartered in Boston. At that time, several very good research and development companies were established in the United States, including the aforementioned Regeneron, Gilead, and today's Vertex. Vertex In the past, he devoted himself to the development of small molecule drugs, wh...

FinanceLinkway

Search This Blog