Maybe I backed the wrong horse with BYD after all

1Wk

Oh God, here we go with the negative sentiment, BYD is and remains the undisputed market leader (30% EV & 50% BEV) and will definitely emerge victorious from the price war.

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Matthias@M5557

1Wk

@Derspekulant1 I see it the same way

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2

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Donald D.@Privateer

1Wk

@Derspekulant1 At least has a good chance. The problem is: how battered is even the winner of the market share war at the end of the battle?

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Der Spekulant@Derspekulant1

1Wk

@Privateer So far, they have actually had the best chances in the largest car market on earth. And they are still at the top there and are actively putting pressure on the competition, as they have higher margins because they produce almost everything themselves.

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market_maestro_2368@market_maestro_2368

1Wk

@Derspekulant1
I am also invested, but the 340,000 EVs that are now unsold in the yard are quite a lot! Especially as BYD is growing much more slowly than the market.
I am now down 22% and consider it a hope.... Companies in China can also get around...real estate

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Der Spekulant@Derspekulant1

6D

@market_maestro_2368
I share the concern about profitability, as shown in the quarterly review. However, some points need to be clarified:

>Inventory: the high inventory level was the result of a deliberate strategy to exert maximum pressure on competitors in the price war. BYD has since cut back production in order to normalize this.

>Market growth: The data shows a different picture. BYD continues to grow faster than the Chinese NEV market and has recently even increased its market share to over 33%.

>The investment thesis is certainly under pressure, but it is based on the assumption that BYD is the only player with the strength to win this war of attrition.

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DividendenAlpaka@DividendenAlpaka

1Wk

Come on🤦‍♂️ Then there will be a quarter with a falling profit... which was to be expected when the news has been reporting for weeks that there is a price war between the various electric car manufacturers on the Chinese market. BYD is growing strongly abroad and is displacing Tesla in many countries. It will take a few quarters of patience until their profits rise again. If you don't have the patience, it's best to get out of the stock market altogether - it's not going to work out for you and the stock market.

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5

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Patrick Schäfer@Hotte1909

1Wk

I buy according to 😉

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5

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Bino@WarrenWobuffet

1Wk

For Tesla it would be 6% up for now😆

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4

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Eselai@DonkeyInvestor

1Wk

Ja 👍

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3

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ClaraLvt@ClaraLvt

1Wk

Never buy Chinese

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2

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Der Spekulant@Derspekulant1

1Wk

@ClaraLvt Who is talking such nonsense?

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2

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felipe estupendo@felipeestupendo

1Wk

@Derspekulant1 She just said you shouldn't buy Chinese. That would be body trafficking and slavery. You should only buy Chinese shares. Kappa

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2

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Der Spekulant@Derspekulant1

1Wk

@felipeestupendo 😂😂😂😂

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1

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Dirk aus Stade@dirko68

1Wk

10€ savings plan running

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2

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felipe estupendo@felipeestupendo

1Wk

Too many subsidies, too much KP and I'm haunted by the phrase: "Don't buy a share with 4 wheels" I have $P911 Porsche and $1810 Xiaomi but shhhh, don't tell :)

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2

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Der Spekulant@Derspekulant1

1Wk

@felipeestupendo The subsidies are available for all car brands, including VW, BMW, Mercedes, Porsche and Xiaomi.

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felipe estupendo@felipeestupendo

1Wk

@Derspekulant1 one of the reasons why things went downhill. Subsidies are only available for things that have no demand. The company still receives money. Money brings laziness and innovation disappears. At least that's the case with German car manufacturers. But nobody wanted heat pumps that were too expensive and subsidized. The heating law collapsed before it had even begun. But where are the future humanities graduates and engineers supposed to come from? Not from our disintegrating school system.

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2

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Sansebastian@Sansebastian

1Wk

It's just a car manufacturer. What do you have or what do you expect?

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1

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Der Spekulant@Derspekulant1

1Wk

@Sansebastian yes, a car manufacturer that does almost everything itself from start to finish, has 30% EV market share in China, 50% BEV in China and is shaking up all premium brands in Europe.

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Mau@ProMau

1Wk

Sell sell sell

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1

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Der O.@MMeier

1Wk

@ProMau ok, I can buy more cheaply

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felipe estupendo@felipeestupendo

4D

Now you see the salad. Things are not looking good for BYD. Not from their own resources, all because of stupid subsidies. Thousands of cars are in stockpiles and the price war is endless. https://www.deraktionaer.de/artikel/indizes/china-aktien--20385924.html

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1

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The W.@thewolfofallstreetz

1Wk

I just keep my hands off Chinese stocks

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SP@spellwan

1Wk

@thewolfofallstreetz but this saying is no longer up to date sorry

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The W.@thewolfofallstreetz

1Wk

@spellwan Can you trust 100% of the corporate data published there? What about the unpredictability of the state to the detriment of the private sector?

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