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2021-09-23
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30 while the first local Nio House in Oslo will be officially open for business from Oct. 1, as per the report that <b>Marius Hayler</b>, general manager of Nio Norway.</p>\n<p>The report did not provide any details about the reasons for the delay. 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It was reported earlier this month the EV maker will open the Nio House in Norway and also announce the local pricing of its flagship ES8 model on Sept. 23.</p>\n<p>Nio House is the EV maker’s concept store.</p>\n<p><b>Why It Matters</b>: Nio’s entry into Norway marks the first step in an ambitious overseas expansion plan charted by the EV maker, which has found success in <a href=\"https://laohu8.com/S/CAAS\">China</a> as a seller of premium electric vehicles.</p>\n<p>NIO CEO<b>Wiliam Li</b>has said that the company may expand into Germany, followed by other European countries, if it achieves success in Norway.</p>\n<p><b>Price Action</b>: Nio shares closed almost 2.3% higher in Wednesday’s trading at $35.70.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135139549","content_text":"Chinese electric vehicle maker NIO Inc. is delaying the official launch of the ES8 SUV and the opening of the first overseas Nio House in Norway by a week, cnEVpostreportedWednesday.\nWhat Happened: Nio will now launch the ES8 in Norway on Sept. 30 while the first local Nio House in Oslo will be officially open for business from Oct. 1, as per the report that Marius Hayler, general manager of Nio Norway.\nThe report did not provide any details about the reasons for the delay. It was reported earlier this month the EV maker will open the Nio House in Norway and also announce the local pricing of its flagship ES8 model on Sept. 23.\nNio House is the EV maker’s concept store.\nWhy It Matters: Nio’s entry into Norway marks the first step in an ambitious overseas expansion plan charted by the EV maker, which has found success in China as a seller of premium electric vehicles.\nNIO CEOWiliam Lihas said that the company may expand into Germany, followed by other European countries, if it achieves success in Norway.\nPrice Action: Nio shares closed almost 2.3% higher in Wednesday’s trading at $35.70.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341252886,"gmtCreate":1617836023145,"gmtModify":1704703646860,"author":{"id":"3565839970985442","authorId":"3565839970985442","authorIdStr":"3565839970985442","name":"许均哥","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565839970985442"},"themes":[],"htmlText":"↖","listText":"↖","text":"↖","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341252886","repostId":"2125726043","repostType":2,"repost":{"id":"2125726043","pubTimestamp":1617827002,"share":"https://ttm.financial/m/news/2125726043?lang=&edition=fundamental","pubTime":"2021-04-08 04:23","market":"us","language":"en","title":"Buffett-Backed BYD Smashes Rival Companies' March Car Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2125726043","media":"GuruFocus.com","summary":"- By James Li \nBYD Co. Ltd. (HKSE:01211)(SZSE:002594), the Chinese electric vehicle backed by Berksh","content":"<html><body><p>- By James Li<br/><br/> </p>\n<p>BYD Co. Ltd. (HKSE:01211)(SZSE:002594), the Chinese electric vehicle backed by Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett (Trades, Portfolio), disclosed this week March battery-powered vehicle sales that outshined March vehicle sales of rivals like Nio Inc. (NYSE:NIO) and Xpeng Inc. (NYSE:XPEV).</p>\n<ul>\n<li>Warning! GuruFocus has detected 1 Warning Sign with HKSE:01211. Click here to check it out. </li>\n<li>HKSE:01211 15-Year Financial Data</li>\n<li>The intrinsic value of HKSE:01211</li>\n<li>Peter Lynch Chart of HKSE:01211</li>\n</ul>\n<br/>\n<p>The Shenzhen, Guangdong-based vehicle manufacturer said March electric vehicle sales totaled 16,301 units, topping Nio's 7,257 units and Xpeng's 5,102 units.</p>\n<p><strong>Company background</strong></p>\n<p>BYD said revenue for 2020 was approximately 156.6 billion yuan ($23.96 billion), up approximately 26% year over year on automobile revenue growth of approximately 37.66% year over year. The company discussed that its flagship models, including the Han sedan and Tang SUV, drove sales volume during the year on strong customer favor and demand.</p>\n<p><img height=\"400\" src=\"https://s1.yimg.com/uu/api/res/1.2/wZSMjvCkZi3iUvoR_4vQWw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/us.finance.gurufocus/ce8f07c82bec92f0ea8c71fe0013f602\" width=\"550\"/> </p>\n<p>GuruFocus ranks the company's profitability 7 out of 10 on several positive investing signs, which include a high Piotroski F-score of 8, a 4.5-star business predictability rank and an operating margin that has increased approximately 3.2% per year on average over the past five years. Despite this, net margins and return on assets outperform just over half of global automobile competitors.</p>\n<p><strong>Company financial strength summary</strong></p>\n<p>BYD's financial strength ranks 5 out of 10 on the back of interest coverage and debt ratios underperforming over 60% of global competitors. Despite this, the company has a strong Altman Z-score of 3.15 and a Beneish M-score that suggests little or no earnings manipulation.</p>\n<p><img height=\"400\" src=\"https://s1.yimg.com/uu/api/res/1.2/P.ajAC8oI6N0Wd7qAehneg--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/us.finance.gurufocus/79e870e7a5643bfa6f113a490da361e0\" width=\"550\"/> </p>\n<p><strong>Shares rise slightly yet remain overvalued</strong></p>\n<p>Shares of BYD's H shares (HKSE:01211) traded around 177.8 Hong Kong dollars ($22.84) while shares of the company's China A shares (SZSE:002594) traded around 170.99 yuan. The stock is significantly overvalued based on Wednesday's price-to-GF Value ratio of over 2.30.</p>\n<p><img height=\"400\" src=\"https://s1.yimg.com/uu/api/res/1.2/B0.xOANUwD5GIxaEZonpCg--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/us.finance.gurufocus/e3982781269e68a5ce73f816d6c69ed6\" width=\"550\"/> </p>\n<p><strong>See also</strong></p>\n<p>Berkshire disclosed in its 2020 shareholder letter that it owns 225 million shares of BYD, or approximately 8.2% of total shares outstanding.</p>\n<p>Disclosure: The author has no positions in the stocks mentioned. Berkshire's holding in BYD comes from its press releases. SEC 13-F filings generally display U.S.-based holdings only.</p>\n<p>The mention of stocks in this article does not constitute a recommendation. Investors must do their own diligent research before investing in the stock market.</p>\n<p>Read more here:</p>\n<ul>\n<br/>\n<li>5 Peter Lynch Growth Stocks to Consider for 2nd Quarter</li>\n<li>Charlie Munger's Daily Journal Subscribes to Alibaba</li>\n<li>Value Screeners Identify Opportunities for 2nd Quarter</li>\n</ul>\n<br/>\n<br/>\n<p><span>Not a Premium Member of GuruFocus? Sign up for a </span>free 7-day trial here<span>.</span></p>This article first appeared on \nGuruFocus.\n<br/></body></html>","source":"yahoofinance","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>Buffett-Backed BYD Smashes Rival Companies' March Car Sales</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\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\">\nBuffett-Backed BYD Smashes Rival Companies' March Car Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 04:23 GMT+8 <a href=https://finance.yahoo.com/news/buffett-backed-byd-smashes-rival-202322128.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>- By James Li \nBYD Co. Ltd. (HKSE:01211)(SZSE:002594), the Chinese electric vehicle backed by Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett (Trades, Portfolio), disclosed this ...</p>\n\n<a href=\"https://finance.yahoo.com/news/buffett-backed-byd-smashes-rival-202322128.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/NL6TAN8RNmkwsaXYRFk5MA--~B/aD00MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/QWwKzsb_QAU6kWCnsTWsfg--~B/aD00MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/ce8f07c82bec92f0ea8c71fe0013f602","relate_stocks":{"NIO":"蔚来"},"source_url":"https://finance.yahoo.com/news/buffett-backed-byd-smashes-rival-202322128.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2125726043","content_text":"- By James Li \nBYD Co. Ltd. (HKSE:01211)(SZSE:002594), the Chinese electric vehicle backed by Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett (Trades, Portfolio), disclosed this week March battery-powered vehicle sales that outshined March vehicle sales of rivals like Nio Inc. (NYSE:NIO) and Xpeng Inc. (NYSE:XPEV).\n\nWarning! GuruFocus has detected 1 Warning Sign with HKSE:01211. Click here to check it out. \nHKSE:01211 15-Year Financial Data\nThe intrinsic value of HKSE:01211\nPeter Lynch Chart of HKSE:01211\n\n\nThe Shenzhen, Guangdong-based vehicle manufacturer said March electric vehicle sales totaled 16,301 units, topping Nio's 7,257 units and Xpeng's 5,102 units.\nCompany background\nBYD said revenue for 2020 was approximately 156.6 billion yuan ($23.96 billion), up approximately 26% year over year on automobile revenue growth of approximately 37.66% year over year. The company discussed that its flagship models, including the Han sedan and Tang SUV, drove sales volume during the year on strong customer favor and demand.\n \nGuruFocus ranks the company's profitability 7 out of 10 on several positive investing signs, which include a high Piotroski F-score of 8, a 4.5-star business predictability rank and an operating margin that has increased approximately 3.2% per year on average over the past five years. Despite this, net margins and return on assets outperform just over half of global automobile competitors.\nCompany financial strength summary\nBYD's financial strength ranks 5 out of 10 on the back of interest coverage and debt ratios underperforming over 60% of global competitors. Despite this, the company has a strong Altman Z-score of 3.15 and a Beneish M-score that suggests little or no earnings manipulation.\n \nShares rise slightly yet remain overvalued\nShares of BYD's H shares (HKSE:01211) traded around 177.8 Hong Kong dollars ($22.84) while shares of the company's China A shares (SZSE:002594) traded around 170.99 yuan. The stock is significantly overvalued based on Wednesday's price-to-GF Value ratio of over 2.30.\n \nSee also\nBerkshire disclosed in its 2020 shareholder letter that it owns 225 million shares of BYD, or approximately 8.2% of total shares outstanding.\nDisclosure: The author has no positions in the stocks mentioned. Berkshire's holding in BYD comes from its press releases. SEC 13-F filings generally display U.S.-based holdings only.\nThe mention of stocks in this article does not constitute a recommendation. Investors must do their own diligent research before investing in the stock market.\nRead more here:\n\n\n5 Peter Lynch Growth Stocks to Consider for 2nd Quarter\nCharlie Munger's Daily Journal Subscribes to Alibaba\nValue Screeners Identify Opportunities for 2nd Quarter\n\n\n\nNot a Premium Member of GuruFocus? Sign up for a free 7-day trial here.This article first appeared on \nGuruFocus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
