Assessing Chery Automobile (SEHK:9973) Valuation After Recent Share Price Softness And DCF Upside Potential

Yahoo FinanceFeb 16 00:07

Cui Dongshu: Strong vehicle exports in January drove relatively robust sales for manufacturers, while the performance of new energy vehicles remained stable.

In January, retail sales of passenger vehicles declined on a month-over-month basis; however, due to an increase in exports, manufacturers' sales growth was relatively strong in January.

Zhitong FinanceFeb 15 11:53

The industrialization of all-solid-state batteries has entered a critical verification phase, with Geely and Chery aiming to complete vehicle demonstration projects by 2027.

①Geely Auto's short-term goal is to complete the prototype launch by 2026; achieve small-scale industrialization of all-solid-state batteries and reach 1,000 demonstration vehicles in operation by 2027. ②Chery Automobile will officially initiate the demonstration work for installing all-solid-state batteries in vehicles in 2027, promoting the transition of the technology from production lines to real vehicle validation, and gradually realizing large-scale application.

cls.cnFeb 12 14:06

Canada's Minister of Industry: Actively promoting the establishment of a joint venture automobile factory between China and Canada to produce electric vehicles for global export.

Canadian Minister of Industry Melanie Joly, in an interview with Bloomberg Television, stated that Canada is actively promoting the establishment of a China-Canada joint venture automobile factory to produce electric vehicles for global export. She noted that Canadian automotive parts companies already operating in China could collaborate with Chinese electric vehicle manufacturers to set up a joint assembly plant within Canada, creating China-Canada co-branded models for export worldwide. She also emphasized that Canada can ensure that the software embedded in these vehicles complies with safety standards, highlighting that the country is capable of simultaneously upholding labor standards and building a local supply chain. She further pointed out that although labor costs in Canada are higher than in China, this collaboration would offer mutual benefits.

AASTOCKSFeb 9 11:29

Cailian Press Auto Morning Report [February 7]

①The sales revenue from trade-in programs for automobiles is expected to exceed 50 billion yuan by 2026. ②Tesla's AI Training Center in China has been put into operation. ③China Logistics Group Auto Supply Chain Technology Co., Ltd. has been officially inaugurated.

cls.cnFeb 7 09:17

Hongyi Co., Ltd. responded to the first round of inquiries, with a deep partnership with Chery Automobile, but its bargaining power has been questioned.

Persistently high accounts receivable coupled with increasing bad debt risks have also emerged as significant challenges for the company.

lanjinger.comFeb 6 23:11