text | Zhang Jiaru
Stephen Chow movie " Shaolin Football ", when the senior brother who practiced iron cloth shirt temporarily replaced the goalkeeper, he smoked while saying a classic line: "I don't know if I can withstand it." Now, investors in Great Wall Motors can no longer stand it.
In the morning of March 25, Great Wall Motors opened high and closed low and closed , closing at midday at 27.78 yuan, down 2.87%, with a total market value of 256.6 billion yuan. In the afternoon, if Great Wall Motors does not rise, it will achieve a tragic decline of 20 consecutive weekly declines. What is the situation of
weekly decline in the weekly line for 20 weeks? At the end of October 2021, Great Wall Motors hit a high of 69.80 yuan, and its total market value once reached 644.6 billion yuan. In just a few months, Great Wall Motor's market value has dropped by 388 billion yuan.
At present, there are only 21 stocks with a market value of more than 380 billion in the entire A-share market, including Haitian Flavor Industry, China Telecom , and Hikvision .
The latest number of shareholders has not been announced yet. At the end of September 2021, Great Wall Motors had 139,300 shareholders. If calculated based on this, the average loss of shareholders is 2.7 million yuan. While the
weekly line is approaching 20 weeks of decline, Great Wall Motors has also become the auto stock with the largest decline in 2022. Since 2022, Great Wall Motors has fallen by 42.77%, ranking first among 22 auto stocks. It is worth noting that auto stocks generally performed poorly in 2022, and their current stock prices are all down.
Great Wall Motor was established on July 1, 1998. It is one of the largest SUV and pickup truck manufacturing companies in China. Its main business is the research, development, production and sales of complete vehicles and major automotive parts. The well-known model is Haval H6, which has always dominated the SUV sales championship. Recently, Great Wall Motors' Tank 500 was launched. In just a few months, the orders for this car were close to 30,000.
Since 2019, Great Wall Motor's stock price has risen from more than 4 yuan to nearly 70 yuan at the end of October 2021, and has increased by more than ten times. At that time, Great Wall Motors was attached to multiple hot concepts such as CATL and new energy vehicles, and was popular among funds.
So, why did Great Wall Motors fall sharply?
Funding level, since the third quarter of 2021, the number of Great Wall Motor institutions has been decreasing, from 517 in the interim report in 2021 to 62 in the 2021 annual report, the market value of the holdings has decreased from 245.4 billion yuan to 4.6 billion yuan, and the proportion of holdings in has decreased from 92.69% to 1.57%.
performance level, the performance report disclosed by Great Wall Motors shows that in 2021, the company achieved attributable net profit of 6.781 billion yuan, and increased by 26.45% year-on-year. Behind the annual growth, Great Wall Motor's net profit in the fourth quarter declined year-on-year.
sales, according to Great Wall Motor's February production and sales report, both production and sales in the first two months declined, with sales falling by 19.95% year-on-year and production falling by 18.42%. Great Wall Motor explained that it is mainly due to insufficient supply of body electronic stability system ("ESP").
In addition, external conflicts broke out, and Great Wall Motors may also be affected. According to data, Chinese automakers with larger sales in Russia and Ukraine include Great Wall, Geely and Chery . Last year, Great Wall Haval sold 39,126 vehicles in Russia, ranking 12th on the Russian car sales list.
According to Great Wall Motor's plan, in 2025, the global annual sales volume will be achieved by 4 million vehicles, of which 80% are new energy vehicles, with operating income exceeding 600 billion yuan. This means that the sales of new energy vehicles will reach 3.2 million.
According to production and sales data, Great Wall Motors' total sales in the first two months were 182,570 and 20,346 new energy vehicles, accounting for 11.14%. This means that Great Wall Motors' fuel vehicles are still the main force in sales.
Investors are dissatisfied with the performance of Great Wall Motor's stock price. Some people said, "I have spent 36 and you to the end, so I won't leave. If you have the ability, you will smash it. The investors who chased high prices have been trapped so far. Some people said, "I fell from 68 yuan and have cried several times." Some people replied, "I am 59 yuan, lucky to know."
and investors joked, saying, "Everyone is optimistic, rotate the stock price chart, and it will be a bull stock."
In recent months, Great Wall Motor's stock price has been deeply adjusted. Will it continue to fall or rebound in the future? How do you think?