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- MoichiewMoichiew
  ·2021-06-30
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  Tesla has sent CATL to the "C position"
  宁德时代最近成为新能源界的C位担当，一是因为董事长曾毓群暴涨的身价，二是因为和特斯拉的一纸电池合约。 6月28日，宁德时代发布公告称，公司已与特斯拉签订协议，将在2022年1月至2025年12月期间，
  Tesla has sent CATL to the "C position"
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- MoichiewMoichiew
  ·2021-06-30
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  Buffett's 8 valuable lessons and lessons from the pandemic
  许多人成功的方法之一是把每一次危机都当作一个机会来对待。尽管巴菲特向慈善机构捐赠了数十亿美元，但他的净资产在今年3月突破了1000亿美元大关。巴菲特不仅变得更富有，还为其他投资者带来了一些宝贵的经验教
  Buffett's 8 valuable lessons and lessons from the pandemic
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- MoichiewMoichiew
  ·2021-06-30
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  Ding Dong Maicai officially landed on NYSE and opened 21% on the first day
  北京时间6月30日，叮咚买菜正式登陆纽交所，首日开涨21%，此前给出的IPO发行价为每份ADS 23.50美元。上市前夕发行规模缩减7成叮咚买菜在上市前夜紧急更新了IPO招股书，据最新招股书显示
  Ding Dong Maicai officially landed on NYSE and opened 21% on the first day
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- MoichiewMoichiew
  ·2021-06-30
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  Sorry, this post has been deleted
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The specific purchase situation is determined by Tesla by order, and the final sales amount must be subject to the actual settlement of the purchase order issued by Tesla.</p><p>In the future, Tesla's Model 3, Model Y and other models will use battery packs from CATL.</p><p><img src=\"https://static.tigerbbs.com/a713164f29f737032b723520c810364e\" tg-width=\"600\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>Affected by this news, on June 29th, the share price of CATL reached a new high. The intraday share price once reached 519.60 yuan/share, and the total market value exceeded 1.2 trillion yuan. As of the close, CATL's share price closed at 508.51 yuan/share, an increase of 2.96%. Become the first technology stock in A-shares to step into the trillion-dollar club.</p><p>It is worth mentioning that since last year, the share price of CATL is like sitting on a rocket, and the total market value has risen from 0.23 trillion yuan to 1.18 trillion yuan, an increase of more than four times.</p><p>June 29,<a href=\"https://laohu8.com/S/601995\">CICC</a>According to the evaluation of this cooperation, the agreement between CATL and Tesla is stronger than the previous cooperation. Considering that the downstream demand of the company exceeds expectations, the profit forecast of CATL is raised and the target price is raised by 9% to 600 yuan. CICC also raised its 2021-2023 earnings forecast for CATL by 10%, 25% and 8% to 11 billion yuan, 20 billion yuan and 26.7 billion yuan, respectively.</p><p><a href=\"https://laohu8.com/S/601555\">Soochow Securities</a>Recently, a research report released said that the buy rating of CATL was maintained, and the target price was 607.5 yuan. The reasons for the rating include: the strategic cooperation agreement with the car company is to bind the battery production capacity, which can solve the bottleneck of battery supply and ensure that the production capacity is not limited.</p><p>In addition, Zeng Tao, an analyst at CICC, pointed out in the report that the agreement did not stipulate the Chinese market, which means that CATL will take the opportunity of cooperating with Tesla's global market supply to accelerate its products to the world. Boosted by global demand, the long-term global market share of CATL is expected to reach more than 30%.</p><p>This is another handshake between the two head enterprises. For CATL, which has already stood at a high market value of trillions, the deep bundling with Tesla, the largest customer, is not only related to the installed battery capacity brought by this customer, but also an important ticket to break through the overseas power battery market.</p><p><h2><b>Secondary</b><b>\"Hand in Hand\"</b></h2>It is reported that in 2018, when Musk signed the landing agreement of Tesla's Shanghai factory, he secretly met Zeng Yuqun, chairman of CATL, but the two sides did not reach a substantive agreement.</p><p>At the \"2019 World Artificial Intelligence Conference\", the two met again and finalized their cooperation intention in more than 40 minutes.</p><p>In February 2020, a contract brought the two leading companies in new cars and power batteries truly together. At that time, CATL signed the Production Pricing Agreement (China) with Tesla, and planned to supply lithium-ion power battery products to Tesla from July 2020 to June 2022.</p><p>According to this contract, CATL will supply batteries for Tesla's Model 3 produced in Shanghai. The scope of cooperation between the two sides is also expected to expand further after Tesla launched the Model Y in early 2021.</p><p>On June 25th this year, on the basis of this Agreement, the two parties signed the above-mentioned cooperation framework Agreement \"Production Pricing Agreement\". The agreement stipulates that CATL plans to supply lithium-ion power battery products to Tesla in the next four years. Some analysts believe that the difference between the two cooperation framework agreements before and after lies in the removal of \"China\", which indicates that this supply agreement will cover the whole world.</p><p>The further deepening of cooperation between the two sides has actually been foreshadowed.</p><p>On June 3, Reuters quoted people familiar with the matter as saying that CATL plans to build a new large power battery factory in Shanghai to supply half of Tesla's batteries used for electric vehicles and rooftop energy storage worldwide.</p><p>The Shanghai plant is rumored to have an annual capacity of 80GWh, compared to CATL's existing capacity of 69.1GWh and 77.5GWh under construction.</p><p>In addition, the \"Oolong Incident\" that occurred in CATL a few days ago is also related to Tesla. Recently, some people claiming to be employees of CATL broke the news that CATL forced manager-level employees to buy Tesla Model 3. Some employees said that the company launched preferential activities to buy Tesla in order to clear Tesla inventory with \"battery problems\".</p><p>CATL said that there were no quality problems and no compulsory purchases. \"Regarding employees' purchase of Tesla, the company encourages employees to purchase electric vehicles at preferential prices in order to promote full electrification. There is no compulsory and is not limited to Tesla, including most of the brands it supplies. It is said that this activity has lasted for three years, and last year it was during the National Day.\"</p><p><h2><b>\"Binding\" deepens</b></h2>Regardless of the Oolong incident, the relationship between Tesla and CATL is further bound.</p><p>According to the 2021 Q1 financial report of CATL, the company's sales to the top five customers accounted for 41.08% of the current receivables, and the company's main customers are large domestic and overseas car companies. According to the 2020 annual report, the company's sales gap to the third and fourth largest customers is not big.</p><p><img src=\"https://static.tigerbbs.com/7b1d28e7bc0109ab77f6fbdfcfb26e8f\" tg-width=\"640\" tg-height=\"213\" referrerpolicy=\"no-referrer\"></p><p>According to Century Securities,<b>Calculated according to the installed caliber,</b><b>In 2020, Tesla was the third largest customer in CATL, and by the first quarter of 2021, Tesla jumped into the largest customer.</b><img src=\"https://static.tigerbbs.com/71035fcd7b52b58275f0aaf4030589c9\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p><p>The binding between the two sides has deepened, not only because Tesla has jumped into the largest customer. More importantly, Tesla is one of the important tickets for CATL to break through the overseas power battery market.</p><p>Earlier, Jiang Li, deputy general manager and secretary of the board of directors of CATL, once said,<b>The cooperation between CATL and Tesla is not limited to China. The new contract may be the beginning of the power battery cooperation between the two parties going abroad.</b></p><p>Public data shows that CATL is already in the C position in terms of installed capacity of power batteries. In 2020, the valid catalogue of new energy models published by the Ministry of Industry and Information Technology has more than 6,800 models, of which more than 3,400 models are equipped with power batteries in CATL, accounting for the highest proportion among all power battery manufacturers.</p><p>CATL's advantages in the global power battery competition are also further expanding.</p><p>According to the latest data from SNE Research, a South Korean industry Research organization, in the first quarter of 2021, the global battery energy consumption of electric vehicles was 47.8 GWh, up 127% year-on-year, with CATL's substantial growth in the first quarter as the main driving force.</p><p>According to the data, in the first quarter, CATL's battery installed capacity increased by 320.8% year-on-year to 15.1 GWh, and its market share expanded from 25% in 2020 to 31.5% again, while its biggest competitor LG Chem and<a href=\"https://laohu8.com/S/PC\">Panasonic</a>The market share of Panasonic decreased to 20.5% and 16.7% respectively, and the market share of Panasonic decreased by nearly 10 percentage points in one year.</p><p>However, the heights are too cold, and CATL still needs to face many competitors at home and abroad.</p><p>Overseas, there are LG Chem and other enterprises eyeing; At home,<a href=\"https://laohu8.com/S/002594\">BYD</a>Already poses a threat to CATL. In March last year, BYD released a blade battery based on lithium iron phosphate, and gradually opened it from self-use to third-party car companies.</p><p>Therefore, deepening the binding with Tesla at this time may have some benefits for CATL, whether it is the installed capacity of power batteries or further enhancing the competitiveness of domestic and overseas markets.</p><p><h2><b>\"C-Bit\"</b><b>Challenges</b></h2>Although Tesla's battery contract sent CATL to the C position this time, this trillion-dollar company has a very stable position in the new energy field.</p><p>As the world's leading power battery supplier, CATL not only supplies new car representatives such as Tesla, but also cooperates with traditional car companies such as Mercedes-Benz and Honda. Three domestic new car manufacturers also chose the power battery of CATL.</p><p>Han<a href=\"https://laohu8.com/S/600617\">Guoxin Energy</a>According to the statistics of SNE, an analyst organization, CATL has ranked first in the global power battery installation for four consecutive years. As recently as 2020, the global installed capacity of CATL power batteries was 34GWh, representing a market share of nearly a quarter.</p><p>With the popularity of the new energy sector, this behind-the-scenes giant has gone to the front of the stage since last year and gained capital attention. For example, clearance in 2020<a href=\"https://laohu8.com/S/NIO\">Nio</a>After that, Gaochun Capital turned to CATL and subscribed for a fixed increase of 10 billion yuan.</p><p>CATL, whose share price has soared, has also attracted more investors' attention. On May 21st, CATL also received a survey of 54 people from 33 institutional investors, including large-scale public offering of funds, foreign-funded institutions and asset management of securities firms. The topics that these institutional investors are concerned about are mainly in the development of solid-state batteries, the company's three strategic directions and the layout of photovoltaic field.</p><p>It is not only CATL that is recognized by the outside world, but its chairman Zeng Yuqun has repeatedly been at the forefront of Forbes Rich List.</p><p>As of 11: 30 a.m. on June 28th, the real-time list of Forbes Rich List showed that Zeng Yuqun, chairman of CATL, was worth $44.7 billion (about 288.8 billion yuan), ranking 30th in the world. It was his first time in the top 30 of the list.</p><p>At the beginning of May, Zeng Yuqun successfully became the richest man in Hong Kong. With a net worth of $34.5 billion, he shook the list of the richest people in Hong Kong, which was dominated by the \"Lee family\" for more than 20 years, and his personal wealth once surpassed that of Lee Shau Kee ($32.1 billion) and Li Ka-shing ($34.4 billion).</p><p>At that time, Zeng Yuqun ranked 42nd in the world's richest list, and now he has broken through to the top 30.</p><p>Within one year, CATL has gone out of the circle many times, attracting much attention in the primary and secondary markets. As the first A-share technology company with a trillion market capitalization, how long can CATL stand in the C position?</p>","source":"wallstreetcn_api","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>Tesla has sent CATL to the \"C position\"</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTesla has sent CATL to the \"C position\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-29 20:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/300750\">CATL</a>Recently, it has become the C-position in the new energy industry, first because of the skyrocketing value of Chairman Zeng Yuqun, and second because of the<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>A battery contract.</p><p>On June 28, CATL announced that the company had signed an agreement with Tesla to supply lithium-ion power battery products to Tesla from January 2022 to December 2025, that is, the next four years. The specific purchase situation is determined by Tesla by order, and the final sales amount must be subject to the actual settlement of the purchase order issued by Tesla.</p><p>In the future, Tesla's Model 3, Model Y and other models will use battery packs from CATL.</p><p><img src=\"https://static.tigerbbs.com/a713164f29f737032b723520c810364e\" tg-width=\"600\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>Affected by this news, on June 29th, the share price of CATL reached a new high. The intraday share price once reached 519.60 yuan/share, and the total market value exceeded 1.2 trillion yuan. As of the close, CATL's share price closed at 508.51 yuan/share, an increase of 2.96%. Become the first technology stock in A-shares to step into the trillion-dollar club.</p><p>It is worth mentioning that since last year, the share price of CATL is like sitting on a rocket, and the total market value has risen from 0.23 trillion yuan to 1.18 trillion yuan, an increase of more than four times.</p><p>June 29,<a href=\"https://laohu8.com/S/601995\">CICC</a>According to the evaluation of this cooperation, the agreement between CATL and Tesla is stronger than the previous cooperation. Considering that the downstream demand of the company exceeds expectations, the profit forecast of CATL is raised and the target price is raised by 9% to 600 yuan. CICC also raised its 2021-2023 earnings forecast for CATL by 10%, 25% and 8% to 11 billion yuan, 20 billion yuan and 26.7 billion yuan, respectively.</p><p><a href=\"https://laohu8.com/S/601555\">Soochow Securities</a>Recently, a research report released said that the buy rating of CATL was maintained, and the target price was 607.5 yuan. The reasons for the rating include: the strategic cooperation agreement with the car company is to bind the battery production capacity, which can solve the bottleneck of battery supply and ensure that the production capacity is not limited.</p><p>In addition, Zeng Tao, an analyst at CICC, pointed out in the report that the agreement did not stipulate the Chinese market, which means that CATL will take the opportunity of cooperating with Tesla's global market supply to accelerate its products to the world. Boosted by global demand, the long-term global market share of CATL is expected to reach more than 30%.</p><p>This is another handshake between the two head enterprises. For CATL, which has already stood at a high market value of trillions, the deep bundling with Tesla, the largest customer, is not only related to the installed battery capacity brought by this customer, but also an important ticket to break through the overseas power battery market.</p><p><h2><b>Secondary</b><b>\"Hand in Hand\"</b></h2>It is reported that in 2018, when Musk signed the landing agreement of Tesla's Shanghai factory, he secretly met Zeng Yuqun, chairman of CATL, but the two sides did not reach a substantive agreement.</p><p>At the \"2019 World Artificial Intelligence Conference\", the two met again and finalized their cooperation intention in more than 40 minutes.</p><p>In February 2020, a contract brought the two leading companies in new cars and power batteries truly together. At that time, CATL signed the Production Pricing Agreement (China) with Tesla, and planned to supply lithium-ion power battery products to Tesla from July 2020 to June 2022.</p><p>According to this contract, CATL will supply batteries for Tesla's Model 3 produced in Shanghai. The scope of cooperation between the two sides is also expected to expand further after Tesla launched the Model Y in early 2021.</p><p>On June 25th this year, on the basis of this Agreement, the two parties signed the above-mentioned cooperation framework Agreement \"Production Pricing Agreement\". The agreement stipulates that CATL plans to supply lithium-ion power battery products to Tesla in the next four years. Some analysts believe that the difference between the two cooperation framework agreements before and after lies in the removal of \"China\", which indicates that this supply agreement will cover the whole world.</p><p>The further deepening of cooperation between the two sides has actually been foreshadowed.</p><p>On June 3, Reuters quoted people familiar with the matter as saying that CATL plans to build a new large power battery factory in Shanghai to supply half of Tesla's batteries used for electric vehicles and rooftop energy storage worldwide.</p><p>The Shanghai plant is rumored to have an annual capacity of 80GWh, compared to CATL's existing capacity of 69.1GWh and 77.5GWh under construction.</p><p>In addition, the \"Oolong Incident\" that occurred in CATL a few days ago is also related to Tesla. Recently, some people claiming to be employees of CATL broke the news that CATL forced manager-level employees to buy Tesla Model 3. Some employees said that the company launched preferential activities to buy Tesla in order to clear Tesla inventory with \"battery problems\".</p><p>CATL said that there were no quality problems and no compulsory purchases. \"Regarding employees' purchase of Tesla, the company encourages employees to purchase electric vehicles at preferential prices in order to promote full electrification. There is no compulsory and is not limited to Tesla, including most of the brands it supplies. It is said that this activity has lasted for three years, and last year it was during the National Day.\"</p><p><h2><b>\"Binding\" deepens</b></h2>Regardless of the Oolong incident, the relationship between Tesla and CATL is further bound.</p><p>According to the 2021 Q1 financial report of CATL, the company's sales to the top five customers accounted for 41.08% of the current receivables, and the company's main customers are large domestic and overseas car companies. According to the 2020 annual report, the company's sales gap to the third and fourth largest customers is not big.</p><p><img src=\"https://static.tigerbbs.com/7b1d28e7bc0109ab77f6fbdfcfb26e8f\" tg-width=\"640\" tg-height=\"213\" referrerpolicy=\"no-referrer\"></p><p>According to Century Securities,<b>Calculated according to the installed caliber,</b><b>In 2020, Tesla was the third largest customer in CATL, and by the first quarter of 2021, Tesla jumped into the largest customer.</b><img src=\"https://static.tigerbbs.com/71035fcd7b52b58275f0aaf4030589c9\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p><p>The binding between the two sides has deepened, not only because Tesla has jumped into the largest customer. More importantly, Tesla is one of the important tickets for CATL to break through the overseas power battery market.</p><p>Earlier, Jiang Li, deputy general manager and secretary of the board of directors of CATL, once said,<b>The cooperation between CATL and Tesla is not limited to China. The new contract may be the beginning of the power battery cooperation between the two parties going abroad.</b></p><p>Public data shows that CATL is already in the C position in terms of installed capacity of power batteries. In 2020, the valid catalogue of new energy models published by the Ministry of Industry and Information Technology has more than 6,800 models, of which more than 3,400 models are equipped with power batteries in CATL, accounting for the highest proportion among all power battery manufacturers.</p><p>CATL's advantages in the global power battery competition are also further expanding.</p><p>According to the latest data from SNE Research, a South Korean industry Research organization, in the first quarter of 2021, the global battery energy consumption of electric vehicles was 47.8 GWh, up 127% year-on-year, with CATL's substantial growth in the first quarter as the main driving force.</p><p>According to the data, in the first quarter, CATL's battery installed capacity increased by 320.8% year-on-year to 15.1 GWh, and its market share expanded from 25% in 2020 to 31.5% again, while its biggest competitor LG Chem and<a href=\"https://laohu8.com/S/PC\">Panasonic</a>The market share of Panasonic decreased to 20.5% and 16.7% respectively, and the market share of Panasonic decreased by nearly 10 percentage points in one year.</p><p>However, the heights are too cold, and CATL still needs to face many competitors at home and abroad.</p><p>Overseas, there are LG Chem and other enterprises eyeing; At home,<a href=\"https://laohu8.com/S/002594\">BYD</a>Already poses a threat to CATL. In March last year, BYD released a blade battery based on lithium iron phosphate, and gradually opened it from self-use to third-party car companies.</p><p>Therefore, deepening the binding with Tesla at this time may have some benefits for CATL, whether it is the installed capacity of power batteries or further enhancing the competitiveness of domestic and overseas markets.</p><p><h2><b>\"C-Bit\"</b><b>Challenges</b></h2>Although Tesla's battery contract sent CATL to the C position this time, this trillion-dollar company has a very stable position in the new energy field.</p><p>As the world's leading power battery supplier, CATL not only supplies new car representatives such as Tesla, but also cooperates with traditional car companies such as Mercedes-Benz and Honda. Three domestic new car manufacturers also chose the power battery of CATL.</p><p>Han<a href=\"https://laohu8.com/S/600617\">Guoxin Energy</a>According to the statistics of SNE, an analyst organization, CATL has ranked first in the global power battery installation for four consecutive years. As recently as 2020, the global installed capacity of CATL power batteries was 34GWh, representing a market share of nearly a quarter.</p><p>With the popularity of the new energy sector, this behind-the-scenes giant has gone to the front of the stage since last year and gained capital attention. For example, clearance in 2020<a href=\"https://laohu8.com/S/NIO\">Nio</a>After that, Gaochun Capital turned to CATL and subscribed for a fixed increase of 10 billion yuan.</p><p>CATL, whose share price has soared, has also attracted more investors' attention. On May 21st, CATL also received a survey of 54 people from 33 institutional investors, including large-scale public offering of funds, foreign-funded institutions and asset management of securities firms. The topics that these institutional investors are concerned about are mainly in the development of solid-state batteries, the company's three strategic directions and the layout of photovoltaic field.</p><p>It is not only CATL that is recognized by the outside world, but its chairman Zeng Yuqun has repeatedly been at the forefront of Forbes Rich List.</p><p>As of 11: 30 a.m. on June 28th, the real-time list of Forbes Rich List showed that Zeng Yuqun, chairman of CATL, was worth $44.7 billion (about 288.8 billion yuan), ranking 30th in the world. It was his first time in the top 30 of the list.</p><p>At the beginning of May, Zeng Yuqun successfully became the richest man in Hong Kong. With a net worth of $34.5 billion, he shook the list of the richest people in Hong Kong, which was dominated by the \"Lee family\" for more than 20 years, and his personal wealth once surpassed that of Lee Shau Kee ($32.1 billion) and Li Ka-shing ($34.4 billion).</p><p>At that time, Zeng Yuqun ranked 42nd in the world's richest list, and now he has broken through to the top 30.</p><p>Within one year, CATL has gone out of the circle many times, attracting much attention in the primary and secondary markets. As the first A-share technology company with a trillion market capitalization, how long can CATL stand in the C position?</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3634141\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/983e0432c72ee1117f6c5b8a19ed6e25","relate_stocks":{"300750":"宁德时代","TSLA":"特斯拉"},"source_url":"https://wallstreetcn.com/articles/3634141","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147863759","content_text":"宁德时代最近成为新能源界的C位担当，一是因为董事长曾毓群暴涨的身价，二是因为和特斯拉的一纸电池合约。\n6月28日，宁德时代发布公告称，公司已与特斯拉签订协议，将在2022年1月至2025年12月期间，也就是未来四年，向特斯拉供应锂离子动力电池产品。具体的采购情况特斯拉以订单方式确定，最终销售金额须以特斯拉发出的采购订单实际结算为准。\n未来，特斯拉旗下的Model 3、Model Y等车型将会使用来自宁德时代的电池组。\n\n受此消息影响，6月29日，宁德时代股价再创新高，盘中股价一度达到519.60元/股，总市值突破1.2万亿元。截至收盘，宁德时代股价报收508.51元/股，涨幅达2.96%。成为A股中第一家跨进万亿俱乐部的科技股。\n值得一提的是，自去年以来，宁德时代的股价如同坐上火箭，总市值由0.23万亿元上涨至1.18万亿元，涨幅超过4倍。\n6月29日，中金公司对此合作评价称，宁德时代此次与特斯拉的协议较之前合作力度更大，考虑到公司下游需求超预期，上调宁德时代的盈利预测，并将目标价调升9%至600元人民币。中金还上调了宁德时代2021-2023年的盈利预测10%、25%和8%，分别至110亿元、200亿元和267亿元。\n东吴证券近日发布研报称，维持宁德时代买入评级，目标价格为607.5元。其评级理由就包括：与车企的战略合作协议系绑定电池产能，能解决电池供应瓶颈，确保产能不受限。\n另外，中金分析师曾韬等在报告中指出，此次协议未约定中国市场，意味着宁德时代将以配合特斯拉全球市场供应为契机，推动产品加速走向全球。全球需求提振下，宁德时代远期全球市场份额有望达到30%以上。\n这是两家头部企业的再次握手。对于已经站上万亿市值高位的宁德时代而言，与第一大客户特斯拉的深度捆绑，不仅关乎该客户带来的电池装机量，更是一张突围海外动力电池市场的重要门票。\n二次“牵手”\n据悉，2018年，马斯克在签署特斯拉上海工厂落地协议时，曾秘密会见宁德时代董事长曾毓群，不过双方未达成实质性协议。\n在“2019世界人工智能大会”上，二人再度会面，用40多分钟敲定了合作意向。\n2020年2月，一份合约让新造车和动力电池的两家头部企业真正走到一起。彼时，宁德时代与特斯拉签订《Production Pricing Agreement (China)》，拟于2020年7月至2022年6月期间向特斯拉供应锂离子动力电池产品。\n据此合约，宁德时代为特斯拉在上海生产的Model 3供应电池。2021年初，特斯拉推出Model Y后，双方的合作范围也有望进一步扩大。\n今年6月25日，在该协议的基础上，双方又签订了上文提及的合作框架协议《Production Pricing Agreement》。协议约定宁德时代计划在未来四年向特斯拉供应锂离子动力电池产品。有分析认为，前后两份合作框架协议的区别在于去掉了“China”，预示着本次供货协议将覆盖全球。\n双方的合作进一步深入，其实早就有预示。\n6月3日，路透社援引知情人士消息称，宁德时代计划在上海新建一家大型动力电池厂，提供特斯拉在全球范围内一半用于电动汽车和屋顶储能的电池。\n有传言称，上海工厂年产能将达到80GWh，而宁德时代现有产能为69.1GWh，并有77.5GWh产能在建中。\n另外，宁德时代日前发生的“乌龙事件”也与特斯拉有关。近日，有自称是宁德时代员工的人员爆料，宁德时代强制经理级别员工购买特斯拉Model 3，有员工称公司推出购买特斯拉的优惠活动，是为了清掉“电池有问题”的特斯拉库存。\n宁德时代则表示，没有质量问题，也没有强制购买。“关于员工购买特斯拉是公司为推行全面电动化，以优惠价格鼓励员工购买电动车，没有强制，也不限于特斯拉，包括其大部分供货的品牌。称此活动已持续三年，去年是在国庆节期间。”\n“绑定”加深\n不论乌龙事件如何，特斯拉和宁德时代的关系都在进一步绑定。\n宁德时代2021年Q1财报显示，公司面向前五大客户的销售金额占当期应收比例为41.08%，公司主要客户为大型境内外车企。2020年年报显示，公司面对第三和第四大客户的销售额差距不大。\n\n而据世纪证券，按装机口径计算， 2020年特斯拉为宁德时代第三大客户，而到2021年第一季度，特斯拉一跃成为最大客户 。\n双方的绑定加深，不仅在于特斯拉跃升为最大客户。更关键的是特斯拉是宁德时代突围海外动力电池市场的重要门票之一。\n此前，宁德时代副总经理、董事会秘书蒋理曾表示，宁德时代与特斯拉的合作不局限于国内。新合约或许就是双方的动力电池合作走出国门的开始。\n公开数据表明，宁德时代在动力电池装机量上已经处于C位。2020年工信部公布的新能源车型有效目录共有6800多款车型，其中宁德时代配套动力电池的有3400多款，在全部动力电池厂商中占比最高。\n宁德时代在全球动力电池竞争中的优势也在进一步扩大。\n据韩国行业调研机构SNE Research最新数据，2021年第一季度，全球电动车电池能耗为47.8 GWh，同比增长127%，宁德时代一季度的大幅增长为主要推动力。\n数据显示，第一季度，宁德时代电池装机量同比增长320.8%至15.1 GWh，市占率从2020年全年的25%再度扩大至31.5%，而其最大竞争对手LG化学以及松下的市占率则分别下降至20.5%和16.7%，松下市占率一年内下降近10个百分点。\n但高处不胜寒，宁德时代仍然需要面对海内外不少竞争对手。\n在海外，有LG化学等企业虎视眈眈；在国内，比亚迪已经对宁德时代构成了威胁。去年3月，比亚迪发布了基于磷酸铁锂材料的刀片电池，并逐渐从自用开放给第三方车企。\n因而，此时与特斯拉加深绑定，对宁德时代而言，无论是对动力电池装机量，还是进一步提升海内外市场竞争力，或许都存在一些好处。\n“C位”挑战\n虽然本次是特斯拉的电池合约将宁德时代送上C位，但这家万亿市值的公司，在新能源领域的地位已经十分稳固。\n作为全球头部动力电池供应商，宁德时代不仅为特斯拉等新造车代表供货，还与奔驰、本田等传统车企合作。国内新造车三家企业也选择了宁德时代的动力电池。\n韩国新能源分析机构SNE统计称，宁德时代已连续四年在全球动力电池装车量排名中居于首位。就在2020年，宁德时代动力电池的全球装车量为34GWh，市场份额接近四分之一。\n随着新能源板块的火爆，这家幕后巨头从去年开始走向台前，获得资本关注。例如，在2020年清仓蔚来后，高瓴资本就转而重仓宁德时代，认购了100亿元的定增。\n股价飙升的宁德时代，也受到更多投资者的关注。5月21日，宁德时代还接待了33家机构投资者共54人的调研，其中包括大型公募基金、外资机构以及券商资管等。这些机构投资者们关心的话题，主要在固态电池发展、公司三大战略方向以及光伏领域的布局等方面。\n被外界认知的不止有宁德时代，其董事长曾毓群也屡次跻身福布斯富豪榜的前列。\n截至6月28日上午11点半，福布斯富豪榜的实时榜单显示，宁德时代董事长曾毓群身价达到447亿美元（约合2888亿元人民币），位列全球第30位。这是他首次进入榜单前30名。\n而就在5月初，曾毓群成功问鼎香港首富。他以345亿美元的身价，动摇了被“李氏家族”霸榜20余年的香港首富榜，个人财富一度超过李兆基（321亿美元）和李嘉诚（344亿美元）。\n彼时，曾毓群在全球富豪榜上的排名升至全球第42名，而今他已经突围进前30名。\n一年之内，宁德时代多次出圈，在一、二级市场备受关注。作为A股第一家万亿市值的科技公司，宁德时代在C位上又能矗立多久？","news_type":1,"symbols_score_info":{"300750":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":5008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153973917,"gmtCreate":1625008126639,"gmtModify":1703849826080,"author":{"id":"4087877573545530","authorId":"4087877573545530","name":"Moichiew","avatar":"https://static.tigerbbs.com/8743c5627993aea2fa1607c89111bfef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087877573545530","idStr":"4087877573545530"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153973917","repostId":"1162626672","repostType":4,"repost":{"id":"1162626672","kind":"news","pubTimestamp":1624950782,"share":"https://ttm.financial/m/news/1162626672?lang=en_US&edition=fundamental","pubTime":"2021-06-29 15:13","market":"us","language":"zh","title":"Buffett's 8 valuable lessons and lessons from the pandemic","url":"https://stock-news.laohu8.com/highlight/detail?id=1162626672","media":"智通财经 ","summary":"许多人成功的方法之一是把每一次危机都当作一个机会来对待。尽管巴菲特向慈善机构捐赠了数十亿美元，但他的净资产在今年3月突破了1000亿美元大关。巴菲特不仅变得更富有，还为其他投资者带来了一些宝贵的经验教","content":"<p><b>One of the ways many people succeed is to treat every crisis as an opportunity.</b>Although Buffett has donated billions to charity, his net worth crossed the $100 billion mark in March of this year. Not only has Buffett gotten richer, but he has brought some valuable lessons for other investors.</p><p>01 New investment? Utilizing the S&P 500</p><p>At Berkshire Hathaway's annual meeting last month, Buffett talked about one of his favorite investments — one that emerged as a winner during the pandemic.</p><p>\"I recommend the S&P 500 index fund and have been recommending it to people for a long time,\" Buffett said, adding that 90 percent of the money he leaves to his wife will go to the S&P 500 after his death.</p><p>S&P 500 index funds are mutual funds or ETFs that mimic the familiar stock indices that track the 500 largest companies in the United States. Despite the pandemic, the S&P 500 surged 16% in 2020 and hit a new high in 2021.</p><p>\"I like Berkshire, but I think someone who knows nothing about stocks and doesn't have any special feelings for Berkshire, they should buy the S&P 500,\" Buffett told a shareholder meeting in Los Angeles.</p><p>02 Be Practical-Even When the Market Is Losing Its Mind</p><p>Buffett recommends a long-term and practical approach for investors, rather than \"making 30 or 40 trades a day.\"</p><p>During the conference, Buffett presented two slides showing the 20 largest companies in the world by market capitalization today and in 1989. None of the companies that made the list in' 89 were from the 2021 edition. The lesson is: Things are impermanent, and picking winners is not easy.</p><p>\"If you only own diversified stocks, like U.S. stocks, that would be my preference, but hold them for more than 30 years,\" he said.</p><p>03 Don't expect a pension</p><p>One of the more worrying trends Buffett delved into at the Berkshire Hathaway conference is the growing precariousness of many state pension funds, an issue he said he's been watching since 2013.</p><p>\"The pension situation in a lot of states is terrible,\" Buffett said. \"It's not getting better. Obviously, it's not getting better at all.\"</p><p>The pandemic has killed state finances and will only exacerbate the pension problem for which there is currently no long-term solution. Before the pandemic began, state pension plans already lacked $1 trillion to meet future obligations to retirees, according to Pew Charitable Trusts.</p><p>04 Investors should be wary of certain investments</p><p>Buffett dumped airline stocks because of COVID-19.</p><p>The pandemic crisis devastated the entire aviation industry, yet airlines survived with the help of the government. But without that support, you'd see a whole new plane crash. The industry still has months to go before normal business (and normal profit margins) can resume.</p><p>\"I still don't want to buy an airline,\" Buffett told his Berkshire shareholders.</p><p>Shares of Delta Air Lines (DAL), one of the airlines Berkshire sold off from its portfolio, fell by more than half between March 1 and May 15 last year. Since then, the stock and other major U.S. airlines have recovered, but Buffett has little confidence in the economic fundamentals of the aviation industry.</p><p>05 Stick to your long-term plans</p><p>Stick to your financial goals, Buffett says. Buffett remains confident that the U.S. economy will rebound from the COVID-19 crisis, but he told shareholders that the future is far from certain.</p><p>\"You can bet on the United States, but you have to be careful how you bet,\" he said. He later reiterated that the world can change in \"very, very dramatic ways\".</p><p>Buffett has never wavered in his belief that holding stocks for a long time is the right investment strategy for a stable financial future. He was even reminded at the Berkshire conference that he once said it was \"too short\" to hold a stock forever.</p><p>06 Making the most of low interest rates</p><p>With interest rates falling, Buffett says it's a good time to borrow money.</p><p>With the Federal Reserve pledging to keep its key interest rate near zero, Buffett sees an excellent opportunity for borrowers in 2021.</p><p>\"These are fascinating times,\" Buffett told investors, adding that the low interest rate environment is \"very pleasant.\"</p><p>\"The economy fell off a cliff in March 2020,\" Buffett said. \"Through the actions of the Federal Reserve, it was brought back to life in a very effective way.\"</p><p>07 Avoiding Credit Card Debt</p><p>If you have credit card debt, get rid of it, Buffett said.</p><p>The pandemic has led to business closures and layoffs, forcing millions of Americans to rely on credit cards for basic financial needs. It's a good survival strategy, but the resulting balance and high interest rates can create long-term financial stress.</p><p>At Berkshire's 2020 online shareholder meeting, he recalled the advice he gave to a friend who got a windfall and was considering the smartest way to spend. She told Buffett that she still had credit card debt — at 18% interest.</p><p>Buffett remembers telling her, \"If I had 18% debt, the first thing I would do with the money on hand is pay it off.\"\"You can't borrow money at this rate for the rest of your life and be better off.\"</p><p>08 Always Prepare for the Worst</p><p>Buffett says a \"catastrophe\" is coming. It's not for nothing to call Buffett an \"oracle\". In 2019, he warned of a \"megacatastrophe\" ahead of the world that would dwarf the chaos caused by Hurricanes Katrina and Michael.</p><p>When the pandemic first hit the U.S., Buffett said in an interview, \"I always felt that a pandemic was going to happen sooner or later.\"</p><p>You would think that someone who has invested so much in the insurance industry would have the foresight — Berkshire owns Geico and several other insurers — that preparing for the worst is a central part of the business model.</p><p>\"We've seen some strange things happening in the world over the last 15 months,\" he told his investors this year. \"And we're always aware that weirder things are going to happen in the future.\"</p>","source":"stock_zhitongcaijing","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's 8 valuable lessons and lessons from the pandemic</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: 12.5px; color: #7E829C; margin: 0;}\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's 8 valuable lessons and lessons from the pandemic\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经 </strong><span class=\"h-time small\">2021-06-29 15:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>One of the ways many people succeed is to treat every crisis as an opportunity.</b>Although Buffett has donated billions to charity, his net worth crossed the $100 billion mark in March of this year. Not only has Buffett gotten richer, but he has brought some valuable lessons for other investors.</p><p>01 New investment? Utilizing the S&P 500</p><p>At Berkshire Hathaway's annual meeting last month, Buffett talked about one of his favorite investments — one that emerged as a winner during the pandemic.</p><p>\"I recommend the S&P 500 index fund and have been recommending it to people for a long time,\" Buffett said, adding that 90 percent of the money he leaves to his wife will go to the S&P 500 after his death.</p><p>S&P 500 index funds are mutual funds or ETFs that mimic the familiar stock indices that track the 500 largest companies in the United States. Despite the pandemic, the S&P 500 surged 16% in 2020 and hit a new high in 2021.</p><p>\"I like Berkshire, but I think someone who knows nothing about stocks and doesn't have any special feelings for Berkshire, they should buy the S&P 500,\" Buffett told a shareholder meeting in Los Angeles.</p><p>02 Be Practical-Even When the Market Is Losing Its Mind</p><p>Buffett recommends a long-term and practical approach for investors, rather than \"making 30 or 40 trades a day.\"</p><p>During the conference, Buffett presented two slides showing the 20 largest companies in the world by market capitalization today and in 1989. None of the companies that made the list in' 89 were from the 2021 edition. The lesson is: Things are impermanent, and picking winners is not easy.</p><p>\"If you only own diversified stocks, like U.S. stocks, that would be my preference, but hold them for more than 30 years,\" he said.</p><p>03 Don't expect a pension</p><p>One of the more worrying trends Buffett delved into at the Berkshire Hathaway conference is the growing precariousness of many state pension funds, an issue he said he's been watching since 2013.</p><p>\"The pension situation in a lot of states is terrible,\" Buffett said. \"It's not getting better. Obviously, it's not getting better at all.\"</p><p>The pandemic has killed state finances and will only exacerbate the pension problem for which there is currently no long-term solution. Before the pandemic began, state pension plans already lacked $1 trillion to meet future obligations to retirees, according to Pew Charitable Trusts.</p><p>04 Investors should be wary of certain investments</p><p>Buffett dumped airline stocks because of COVID-19.</p><p>The pandemic crisis devastated the entire aviation industry, yet airlines survived with the help of the government. But without that support, you'd see a whole new plane crash. The industry still has months to go before normal business (and normal profit margins) can resume.</p><p>\"I still don't want to buy an airline,\" Buffett told his Berkshire shareholders.</p><p>Shares of Delta Air Lines (DAL), one of the airlines Berkshire sold off from its portfolio, fell by more than half between March 1 and May 15 last year. Since then, the stock and other major U.S. airlines have recovered, but Buffett has little confidence in the economic fundamentals of the aviation industry.</p><p>05 Stick to your long-term plans</p><p>Stick to your financial goals, Buffett says. Buffett remains confident that the U.S. economy will rebound from the COVID-19 crisis, but he told shareholders that the future is far from certain.</p><p>\"You can bet on the United States, but you have to be careful how you bet,\" he said. He later reiterated that the world can change in \"very, very dramatic ways\".</p><p>Buffett has never wavered in his belief that holding stocks for a long time is the right investment strategy for a stable financial future. He was even reminded at the Berkshire conference that he once said it was \"too short\" to hold a stock forever.</p><p>06 Making the most of low interest rates</p><p>With interest rates falling, Buffett says it's a good time to borrow money.</p><p>With the Federal Reserve pledging to keep its key interest rate near zero, Buffett sees an excellent opportunity for borrowers in 2021.</p><p>\"These are fascinating times,\" Buffett told investors, adding that the low interest rate environment is \"very pleasant.\"</p><p>\"The economy fell off a cliff in March 2020,\" Buffett said. \"Through the actions of the Federal Reserve, it was brought back to life in a very effective way.\"</p><p>07 Avoiding Credit Card Debt</p><p>If you have credit card debt, get rid of it, Buffett said.</p><p>The pandemic has led to business closures and layoffs, forcing millions of Americans to rely on credit cards for basic financial needs. It's a good survival strategy, but the resulting balance and high interest rates can create long-term financial stress.</p><p>At Berkshire's 2020 online shareholder meeting, he recalled the advice he gave to a friend who got a windfall and was considering the smartest way to spend. She told Buffett that she still had credit card debt — at 18% interest.</p><p>Buffett remembers telling her, \"If I had 18% debt, the first thing I would do with the money on hand is pay it off.\"\"You can't borrow money at this rate for the rest of your life and be better off.\"</p><p>08 Always Prepare for the Worst</p><p>Buffett says a \"catastrophe\" is coming. It's not for nothing to call Buffett an \"oracle\". In 2019, he warned of a \"megacatastrophe\" ahead of the world that would dwarf the chaos caused by Hurricanes Katrina and Michael.</p><p>When the pandemic first hit the U.S., Buffett said in an interview, \"I always felt that a pandemic was going to happen sooner or later.\"</p><p>You would think that someone who has invested so much in the insurance industry would have the foresight — Berkshire owns Geico and several other insurers — that preparing for the worst is a central part of the business model.</p><p>\"We've seen some strange things happening in the world over the last 15 months,\" he told his investors this year. \"And we're always aware that weirder things are going to happen in the future.\"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.zhitongcaijing.com/content/detail/503261.html\">智通财经 </a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9beffeecb928009bf6287e307899ffe3","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://www.zhitongcaijing.com/content/detail/503261.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162626672","content_text":"许多人成功的方法之一是把每一次危机都当作一个机会来对待。尽管巴菲特向慈善机构捐赠了数十亿美元，但他的净资产在今年3月突破了1000亿美元大关。巴菲特不仅变得更富有，还为其他投资者带来了一些宝贵的经验教训。\n01  新投资吗?利用标普500\n在上个月伯克希尔哈撒韦公司的年会上，巴菲特谈到了他最喜欢的一项投资——该投资在疫情期间成为赢家。\n巴菲特说:“我推荐标普500指数基金，并且长期以来一直向人们推荐。”他还说，在他去世后，他留给妻子的90%的钱将进入标普500基金。\n标普500指数基金是模仿人们熟悉的跟踪美国500家最大公司的股票指数的共同基金或ETF。尽管疫情爆发，标普500指数在2020年飙升16%，并在2021年创下新高。\n巴菲特在洛杉矶的股东大会上表示:“我喜欢伯克希尔，但我认为一个对股票一无所知，对伯克希尔没有任何特殊感觉的人，他们应该购买标普500指数。”\n02  要实际——即使在市场失去理智的时候\n巴菲特建议投资者长期且实际的方法，而不是“每天进行30或40笔交易。”\n在会议期间，巴菲特展示了两张幻灯片，展示了当今和1989年全球市值最大的20家公司。89年上榜的公司没有一家是2021年版的。教训是:世事无常，挑选赢家并不容易。\n\"如果你只持有多元化的股票，比如美国股票，那将是我的偏好，但要持有超过30年，\"他说。\n03  不要指望养老金\n巴菲特在伯克希尔哈撒韦公司的会议上深入研究的一个更令人担忧的趋势，许多州养老基金的地位越来越不稳定，他说他从2013年就开始关注这个问题。\n巴菲特说:“很多州的养老金状况都很糟糕。”“情况并没有好转。显然，情况一点也没有好转。”\n疫情已经扼杀了各州的财政，只会加剧目前没有长期解决方案的养老金问题。Pew Charitable Trusts的数据显示，在大流行开始之前，国家养老金计划已经缺乏1万亿美元的资金来满足未来对退休人员的义务。\n04  投资者应该对某些投资保持警惕\n巴菲特因为COVID-19的原因抛售了航空股。\n疫情危机摧毁了整个航空行业，然而航空公司在政府的帮助下幸存下来。但如果没有这种支持，你会看到一场全新的空难。要想恢复正常的业务(以及正常的利润率)，该行业还有好几个月的时间。\n“我还是不想买航空公司，”巴菲特告诉他的伯克希尔股东。\n达美航空(DAL)是伯克希尔从其投资组合中抛售的航空公司之一，该公司股价在去年3月1日至5月15日期间下跌了一半以上。此后，该股和美国其他主要航空公司的股价都有所回升，但巴菲特对航空业的经济基本面没有多大信心。\n05  坚持你的长期计划\n巴菲特说，要坚持你的财务目标。巴菲特仍然相信，美国经济将从COVID - 19危机中反弹，但他告诉股东，未来远非确定。\n“你可以押注美国，但你必须小心如何押注，”他说。他后来重申，世界可以以“非常、非常戏剧性的方式”发生变化。\n巴菲特从来没有动摇过他的信念，长期持有股票是一个稳定的财务未来的正确投资策略。在伯克希尔的会议上，他甚至被提醒说，他曾经说过永远持有一只股票“太短了”。\n06  充分利用低利率\n随着利率的下降，巴菲特说现在是借钱的好时机。\n由于美联储承诺将关键利率维持在接近零的水平，巴菲特认为2021年借款人将有极好的机会。\n“这是一个迷人的时代，”巴菲特告诉投资者，并补充说低利率环境“非常令人愉快”。\n“经济在2020年3月跌落悬崖，”巴菲特说。“通过美联储的行动，它以一种非常有效的方式复活了。”\n07  避免信用卡债务\n巴菲特说，如果你有信用卡债务，那就摆脱它。\n疫情导致企业关闭和裁员，迫使数百万美国人依靠信用卡来满足基本的金融需求。这是一个很好的生存策略，但由此产生的平衡和高利率会造成长期的财务压力。\n在伯克希尔2020年的在线股东大会上，他回忆了自己给一位获得意外之财的朋友的建议，这位朋友当时正在考虑最明智的消费方式。她告诉巴菲特，她还有信用卡债务——利息为18%。\n巴菲特记得对她说:“如果我有18%的债务，我会用手头的钱做的第一件事就是还清。”“你不可能一辈子都以这样的利率借钱，然后过得更好。”\n08  总是做最坏打算\n巴菲特说，一场“大灾难”即将来临。称巴菲特为“神谕”不是没有原因的。2019年，他警告说，世界将迎来一场“特大灾难”，这将使卡特里娜飓风和迈克尔飓风造成的混乱相形见绌。\n当疫情首次袭击美国时，巴菲特在一次采访中说，“我一直觉得一场大流行迟早会发生。”\n你可能会认为，在保险业投入如此之多的人会有这样的远见——伯克希尔哈撒韦拥有Geico和其他几家保险公司——为最坏的情况做准备是商业模式的核心部分。\n“过去15个月里，我们看到世界上发生了一些奇怪的事情，”他今年告诉他的投资者。“而且我们总是意识到未来会发生更奇怪的事情。”","news_type":1,"symbols_score_info":{"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":3531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153979352,"gmtCreate":1625008084376,"gmtModify":1703849824451,"author":{"id":"4087877573545530","authorId":"4087877573545530","name":"Moichiew","avatar":"https://static.tigerbbs.com/8743c5627993aea2fa1607c89111bfef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087877573545530","idStr":"4087877573545530"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153979352","repostId":"1106873810","repostType":4,"repost":{"id":"1106873810","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624989419,"share":"https://ttm.financial/m/news/1106873810?lang=en_US&edition=fundamental","pubTime":"2021-06-30 01:56","market":"us","language":"zh","title":"Ding Dong Maicai officially landed on NYSE and opened 21% on the first day","url":"https://stock-news.laohu8.com/highlight/detail?id=1106873810","media":"老虎资讯综合","summary":"北京时间6月30日，叮咚买菜正式登陆纽交所，首日开涨21%，此前给出的IPO发行价为每份ADS 23.50美元。\n\n上市前夕发行规模缩减7成\n叮咚买菜在上市前夜紧急更新了IPO招股书，据最新招股书显示","content":"<p>On June 30th, Beijing time, Ding Dong Maicai officially landed on the New York Stock Exchange, rising by 21% on the first day. The previous IPO issue price was $23.50 per ADS.</p><p><img src=\"https://static.tigerbbs.com/8019015b6d73a8f99bab4121482e7be7\" tg-width=\"827\" tg-height=\"595\" referrerpolicy=\"no-referrer\"></p><p><b>On the eve of listing, the issuance scale was reduced by 70%</b></p><p>Dingdong Maicai urgently updated its IPO prospectus on the eve of its listing. According to the latest prospectus, Dingdong Maicai reduced its goal of listing and financing in the United States to about a quarter of the original, that is, it seeks to raise up to 94.4 million US dollars, which is 74% lower than the originally planned financing of 357 million US dollars. The number of depositary shares (ADS) issued has also been cut from 14 million shares to 3.7 million shares, with a price range of 23.50 to 25.50 US dollars.</p><p>A week ago, Dingdong Maicai's first updated prospectus showed that it would publicly issue 14 million American depositary shares. At that time, it could raise nearly $360 million according to the upper limit of the offering price range. In contrast, the last announced fundraising scale was reduced to a quarter of the previous quota, that is, the overall reduction was over 70%.</p><p><b>About Dingdong Grocery Buying</b></p><p>Dingdong Maicai is headquartered in Shanghai and operates its own grocery app. Consumers can buy fresh food on demand through the \"front warehouse\" network. The so-called front warehouse is a warehouse located close to residential areas according to the established strategy, so as to ensure that Ding Dong's groceries can be delivered to your door within 30 minutes as promised. Their services have now covered a range of major cities such as Shanghai, Beijing, Shenzhen and Hangzhou.</p><p>Ding Dong Maicai was born in 2017. Liang Changlin, the founder and CEO, had many successful entrepreneurial experiences before, so it quickly attracted the support of a series of venture capital, including Sequoia China and Qiming Venture Capital. In addition, such as Tiger Global, Gaorong Capital and Dachen Caizhi were also among the shareholders of the company. With the support of strong capital, it took Ding Dong only seven months to buy groceries, and the number of its front warehouses tripled to 345.</p><p>According to reports, in February 2020, against the background of the outbreak of COVID-19, Dingdong Maicai had to execute about 300,000 orders every day in Shanghai, and the company's total revenue that year also reached about 1.7 billion US dollars. As of January 2021, Dingdong Maicai's business has covered nearly 30 cities across the country, with about 1,000 front-end warehouses and a monthly user base of about 6.9 million.</p><p>In this field, the main competitors of Dingdong Maicai include Alibaba's Box Horse, Meituan Maicai, Daily Youxian and JD.COM Daojia.</p><p><b>Financial Performance</b></p><p>The recent financial performance of Dingdong Maicai can be roughly summarized as follows: the revenue has grown rapidly, but it is suspected to have peaked; Operating losses and net losses continued to expand, and the net loss ratio fluctuated; The burning of money is considerable, and the free cash flow is still negative.</p><p>Specifically, in 2020, Dingdong's grocery revenue reached 11.336 billion yuan, a 192.16% increase from 3.88 billion yuan in 2019. In the first quarter of 2021, the company's revenue was 3.802 billion yuan, a year-on-year increase of 46.01%.</p><p>In 2020, Dingdong Maicai's operating loss was RMB3.162 billion, representing an increase of 78.42% from RMB1.741 billion in 2019. In the first quarter of 2021, the company's operating loss was RMB1.334 billion, representing a year-on-year increase of 352.20%.</p><p>In 2020, Dingdong Maicai's net loss was RMB3.175 billion, an increase of 69.51% from RMB1.873 billion in 2019. In the first quarter of 2021, the company's net loss was RMB1.385 billion, an increase of 465.31% year-on-year.</p><p>In 2020, the net loss rate of Dingdong Maicai was 28.0%, which was significantly lower than 48.3% in 2019. However, in the first quarter of 2021, the net loss rate soared from 9.4% in the same period of the previous year to 36.4%.</p><p>As of March 31, 2021, Dingdong Maicai had total liabilities of US$898 million and cash and equivalents held of US$973 million. For the twelve months ended March 31, 2021, the Company's free cash flow was-$155 million.</p><p><b>Analysis Comments</b></p><p>According to the established strategy, the profit of Dingdong Maicai mainly comes from the sales of fresh food and other commodities completed through app. However, at present, they are far from achieving profitability, and they can't see a clear roadmap, so that the front warehouse model itself adopted by Dingdong Maicai and other competitors is questioned by market observers from time to time.</p><p>So far, Ding Dong has failed to achieve profitability, and from the financial data, their losses even have the momentum of expanding, and there is no clear profit prospect at all.</p><p>Although the market where Ding Dong groceries is located has a bright future in theory, the fierce competition and low profit margins here are well known. For example, it is reported that the order execution cost of Ding Dong's grocery purchase, including distribution fee, packaging fee, logistics cost, etc., will be twice the net revenue of the order itself in 2020.</p><p>This means that no matter how the number of orders of the company grows, it is not enough for Ding Dong to turn losses into profits in a short time, because the fact is that the more orders, the greater the loss. In fact, the front warehouse mode itself is a \"gold-swallowing beast\", and it is already a severe challenge for the company to control the burning speed of this mode.</p>","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>Ding Dong Maicai officially landed on NYSE and opened 21% on the first day</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nDing Dong Maicai officially landed on NYSE and opened 21% on the first day\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-30 01:56</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 30th, Beijing time, Ding Dong Maicai officially landed on the New York Stock Exchange, rising by 21% on the first day. The previous IPO issue price was $23.50 per ADS.</p><p><img src=\"https://static.tigerbbs.com/8019015b6d73a8f99bab4121482e7be7\" tg-width=\"827\" tg-height=\"595\" referrerpolicy=\"no-referrer\"></p><p><b>On the eve of listing, the issuance scale was reduced by 70%</b></p><p>Dingdong Maicai urgently updated its IPO prospectus on the eve of its listing. According to the latest prospectus, Dingdong Maicai reduced its goal of listing and financing in the United States to about a quarter of the original, that is, it seeks to raise up to 94.4 million US dollars, which is 74% lower than the originally planned financing of 357 million US dollars. The number of depositary shares (ADS) issued has also been cut from 14 million shares to 3.7 million shares, with a price range of 23.50 to 25.50 US dollars.</p><p>A week ago, Dingdong Maicai's first updated prospectus showed that it would publicly issue 14 million American depositary shares. At that time, it could raise nearly $360 million according to the upper limit of the offering price range. In contrast, the last announced fundraising scale was reduced to a quarter of the previous quota, that is, the overall reduction was over 70%.</p><p><b>About Dingdong Grocery Buying</b></p><p>Dingdong Maicai is headquartered in Shanghai and operates its own grocery app. Consumers can buy fresh food on demand through the \"front warehouse\" network. The so-called front warehouse is a warehouse located close to residential areas according to the established strategy, so as to ensure that Ding Dong's groceries can be delivered to your door within 30 minutes as promised. Their services have now covered a range of major cities such as Shanghai, Beijing, Shenzhen and Hangzhou.</p><p>Ding Dong Maicai was born in 2017. Liang Changlin, the founder and CEO, had many successful entrepreneurial experiences before, so it quickly attracted the support of a series of venture capital, including Sequoia China and Qiming Venture Capital. In addition, such as Tiger Global, Gaorong Capital and Dachen Caizhi were also among the shareholders of the company. With the support of strong capital, it took Ding Dong only seven months to buy groceries, and the number of its front warehouses tripled to 345.</p><p>According to reports, in February 2020, against the background of the outbreak of COVID-19, Dingdong Maicai had to execute about 300,000 orders every day in Shanghai, and the company's total revenue that year also reached about 1.7 billion US dollars. As of January 2021, Dingdong Maicai's business has covered nearly 30 cities across the country, with about 1,000 front-end warehouses and a monthly user base of about 6.9 million.</p><p>In this field, the main competitors of Dingdong Maicai include Alibaba's Box Horse, Meituan Maicai, Daily Youxian and JD.COM Daojia.</p><p><b>Financial Performance</b></p><p>The recent financial performance of Dingdong Maicai can be roughly summarized as follows: the revenue has grown rapidly, but it is suspected to have peaked; Operating losses and net losses continued to expand, and the net loss ratio fluctuated; The burning of money is considerable, and the free cash flow is still negative.</p><p>Specifically, in 2020, Dingdong's grocery revenue reached 11.336 billion yuan, a 192.16% increase from 3.88 billion yuan in 2019. In the first quarter of 2021, the company's revenue was 3.802 billion yuan, a year-on-year increase of 46.01%.</p><p>In 2020, Dingdong Maicai's operating loss was RMB3.162 billion, representing an increase of 78.42% from RMB1.741 billion in 2019. In the first quarter of 2021, the company's operating loss was RMB1.334 billion, representing a year-on-year increase of 352.20%.</p><p>In 2020, Dingdong Maicai's net loss was RMB3.175 billion, an increase of 69.51% from RMB1.873 billion in 2019. In the first quarter of 2021, the company's net loss was RMB1.385 billion, an increase of 465.31% year-on-year.</p><p>In 2020, the net loss rate of Dingdong Maicai was 28.0%, which was significantly lower than 48.3% in 2019. However, in the first quarter of 2021, the net loss rate soared from 9.4% in the same period of the previous year to 36.4%.</p><p>As of March 31, 2021, Dingdong Maicai had total liabilities of US$898 million and cash and equivalents held of US$973 million. For the twelve months ended March 31, 2021, the Company's free cash flow was-$155 million.</p><p><b>Analysis Comments</b></p><p>According to the established strategy, the profit of Dingdong Maicai mainly comes from the sales of fresh food and other commodities completed through app. However, at present, they are far from achieving profitability, and they can't see a clear roadmap, so that the front warehouse model itself adopted by Dingdong Maicai and other competitors is questioned by market observers from time to time.</p><p>So far, Ding Dong has failed to achieve profitability, and from the financial data, their losses even have the momentum of expanding, and there is no clear profit prospect at all.</p><p>Although the market where Ding Dong groceries is located has a bright future in theory, the fierce competition and low profit margins here are well known. For example, it is reported that the order execution cost of Ding Dong's grocery purchase, including distribution fee, packaging fee, logistics cost, etc., will be twice the net revenue of the order itself in 2020.</p><p>This means that no matter how the number of orders of the company grows, it is not enough for Ding Dong to turn losses into profits in a short time, because the fact is that the more orders, the greater the loss. In fact, the front warehouse mode itself is a \"gold-swallowing beast\", and it is already a severe challenge for the company to control the burning speed of this mode.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8bdbf77f2a44d0a051afa32e60a46fbf","relate_stocks":{"DDL":"叮咚买菜"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106873810","content_text":"北京时间6月30日，叮咚买菜正式登陆纽交所，首日开涨21%，此前给出的IPO发行价为每份ADS 23.50美元。\n\n上市前夕发行规模缩减7成\n叮咚买菜在上市前夜紧急更新了IPO招股书，据最新招股书显示，叮咚买菜将在美国上市融资的目标降低到了原来的四分之一左右，即寻求至多融资9440万美元，比原计划融资的3.57亿美元下降了74%，存托股票(ADS) 发行数量也从1400万股砍到了370万股，价格区间为23.50美元至25.50美元。\n一周前，叮咚买菜首次更新的招股书显示其将公开发行1400万股美国存托股票，彼时按照发行价区间上限计算可筹资达到近3.6亿美元。对比之下，最近一次宣布的募资规模缩减至此前额度的四分之一，即总体缩减幅度超70%。\n关于叮咚买菜\n叮咚买菜总部位于上海，运营着自己的买菜app，消费者可以通过“前置仓”网络购买按需生鲜食品。所谓前置仓，是按照既定策略配置在接近居民区的仓库，确保叮咚买菜能够按照承诺，在三十分钟内送货上门。他们的服务目前已经覆盖了上海、北京、深圳和杭州等一系列主要城市。\n叮咚买菜诞生于2017年，创始人兼首席执行官梁昌霖之前就有多次成功创业的经历，因此很快就吸引了一系列风投资本的支持，包括红杉中国、启明创投等，此外诸如老虎环球、高榕资本、达晨财智等也都在公司股东之列。在雄厚的资本支持下，叮咚买菜只用了七个月时间，就让其前置仓数量增长了三倍，达到了345处。\n据报道，2020年2月，在新冠病毒疫情大爆发的背景下，叮咚买菜在上海每天都要执行大约30万笔订单，公司当年的总营收也达到了大约17亿美元。截至2021年1月，叮咚买菜的业务已经覆盖全国近三十个城市，拥有大约一千家前置仓，每月用户群达到大约690万。\n在这个领域当中，叮咚买菜主要的竞争对手包括阿里巴巴旗下盒马、美团买菜、每日优鲜和京东到家等。\n财务表现\n叮咚买菜近期的财务表现可以大致概括如下：营收高速增长，但疑似已经见顶；运营亏损和净亏损持续扩大，净亏损率起伏不定；烧钱可观，自由现金流依然为负数。\n具体而言，2020年当中，叮咚买菜营收达到113.36亿元人民币，较之2019年的38.80亿元猛增192.16%，2021年第一季度，公司营收38.02亿元，同比增长46.01%。\n2020年当中，叮咚买菜运营亏损31.62亿元人民币，较之2019年的17.41亿元扩大78.42%，2021年第一季度，公司运营亏损13.34亿元，同比扩大352.20%。\n2020年当中，叮咚买菜净亏损31.75亿元人民币，较之2019年的18.73亿元扩大69.51%，2021年第一季度，公司净亏损13.85亿元，同比扩大465.31%。\n2020年当中，叮咚买菜净亏损率28.0%，较之2019年的48.3%大幅降低，但是2021年第一季度，净亏损率又从前一年同期的9.4%猛增到了36.4%。\n截至2021年3月31日，叮咚买菜总负债8.98亿美元，持有现金及等价物9.73亿美元。截至2021年3月31日的十二个月当中，公司自由现金流-1.55亿美元。\n分析评论\n按照既定策略，叮咚买菜的利润主要是来自于通过app完成的生鲜食品和其他各种商品的销售，只是目前，他们还远没有到实现盈利的地步，也看不到清晰的路线图，以至于叮咚买菜和其他竞争对手所采用的前置仓模式本身，都不时受到市场观察家们的质疑。\n迄今为止，叮咚买菜都未能实现盈利，而且从财务数据看，他们的亏损甚至还有扩大的势头，根本看不到明确的盈利前景。\n叮咚买菜所在的市场虽然理论上说来前途远大，但是这里的竞争之激烈和利润率之低也是人尽皆知。比如据报道，叮咚买菜的订单执行成本包括配送费、包装费、物流成本等在内，在2020年内要两倍于订单本身的净营收。\n这也就意味着，不管公司的订单数量如何增长，都不足以让叮咚买菜在短期之内扭亏为盈，因为事实就是，订单越多，亏损越大。事实上，前置仓模式本身就是一头“吞金兽”，要控制这种模式的烧钱速度，已经是摆在公司面前的严峻挑战。","news_type":1,"symbols_score_info":{"DDL":0.9}},"isVote":1,"tweetType":1,"viewCount":4647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153970980,"gmtCreate":1625008038340,"gmtModify":1703849825590,"author":{"id":"4087877573545530","authorId":"4087877573545530","name":"Moichiew","avatar":"https://static.tigerbbs.com/8743c5627993aea2fa1607c89111bfef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087877573545530","idStr":"4087877573545530"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153970980","repostId":"1106873810","repostType":4,"isVote":1,"tweetType":1,"viewCount":5007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}