Chinese Company

Three Chinese Electric Vehicle maker NIO, Li Auto, XPeng were IPO in US Market, Who will Be Tesla of China?

In China, everything is changing fast, especially in the technology. Now, AI+Big Data+Cloud is radically transforming the Chinese traditional industries.  Compared with other traditional industries, Car industry has been through a lot of change since Tesla was born.  First,Chinese car industry is already matured, and the growth is negative in recent years. The overall sales volume of car reached top in 2017 at 29M, and gradually reduced to 25M in 2019.  Second, in recent years, Chinese government is pushing the…
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Analysis of Hikvision 2019 Annual Financial Reports

As I have discussed before, Hikvision is a video-centered intelligent IoT solutions and big data services provider, whose businesses are focused on comprehensive security, big data services and intelligent business. It builds open cooperation ecosystems, serves the users in public service sectors, enterprises and public institutions and medium/small enterprises and strives to build smart city and digitized enterprises with cloud-edge fusion, IoT-information network fusion and big data-AI fusion. In the field of comprehensive security, as reported by Omdia1 , Hikvision…
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Analysis of Xiaomi 2019 Annual Financial Report

Xiaomi was listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK), so it’s the second year that we can see how Xiaomi developed and get the accurate financial results.  Financial Analysis Actually, I was amazed about the good financial performance in 2019. Total revenue of Xiaomi was RMB205.8 billion, an increase of 17.7% year-over-year. Adjusted net profit was RMB11.5 billion, an increase of 34.8% year-over-year. We should know that Xiaomi was only 10 years…
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Analysis of Huawei 2019 Annual Financial Report

As we all know, 2019 is the toughest year of Huawei in its history, since US government put Huawei into entity list and banned Huawei procure US product from chipset to sofware. As Huawei released 2019 annual report this week, I was curious about four parts from this report: How was Huawei 2019 financial performance? Has Huawei moat become wider or not? How Huawei responded to US sanction? Why Huawei can be success in the past, and can Huawei still be…
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Analysis of Tencent 2019 Annual Financial Statements

Tencent released 2019 financial statements this month. Since the beginning of the coronavirus epidemic, the App portfolio of Tencent played more and more important role for everyone’s daily life. So Tencent 2019 financial statedments is highly expected. From 4Q19 and Annual Results Presentation As we can see from above graph, the key performance indicators, such as revenue, profit, etc, grew by more than 20%. So Tencent still keeps high growing pace in the elephant size. The operating margin is 30%, more…
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Vanke, the Leading City and Town Developer and Service Provider in China

Vanke was established in shenzhen since 1984, and after 30 years of development, it has become a leading city and town developer and service provider in China. As I mentioned before, Shenzhen is an amazing city, which created great companies in its short history, for example, Tencent as the largest social and connecting platform, Ping An as the leading retail finance group in China, Huawei as the leading telecom infrastructure provider globally. The founder of Vanke is Wang Shi, like Jack Ma…
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Tencent, Fostering Connecting Ecosystem to Serve Enterprises and Consumers

Tencent was founded in Shenzhen, China, in 1998, and listed on the Main Board of the Stock Exchange of Hong Kong since June 2004. As I mentioned before, Shenzhen is an amazing city. Within 40 years history, numerous competitive companies were founded in Shenzhen, the most famous companies are Tencent, Huawei, Ping An, and China Merchants Bank Currently, Tencent and Alibaba is the Top 2 conglomerates by market capitalization. Alibaba aims to provide operating system for commerce and make business…
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Business Analysis of Ping An 2019 Annual Report

Unlike the old days, Ping An published 2019 annual reports on Feb 21th, 2020, and almost one month in advance compared with last year. As a finance conglomerate, Ping An offers complex business services, such as insurance, bank, securities, trust, and five ecosystem, it’s hard to imagine that Ping An can publish annual reports in a short time. However, if we know Ping An history, we will not be so surprise. As I have posted: Ping An, a World-Leading Technology-Powered Retail…
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Huawei and Samsung: Who is a More Iconic Global Smart Device Brand

Every smart device vendor will take Apple as their teacher and first competitor. However, as we see Huawei has achieved great success in recent year, especially in smart devices area. If you ask me which is the first competitor of Huawei, I would say Samsung.  My opinion is based on several factors: The market share, and let’s see the latest Q3 phone market share results of 2019  from Canalys:  Market share leader Samsung shipped 11% more smartphones than it did…
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Haier Business Analysis: Leading Global Home Appliance Company from China

Haier is one of the most successful global company from China, not only because it’s one of the earliest brand go abroad, but near 50% percent of its revenue from foreign Countries. In contrast, GREE, another home appliance in China and similiar revenue size with Haier, made only less than 10% revenue from abroad.  Haier is a leading global home appliance manufacturer headquartered in Qingdao, China. Haier  designs, manufactures and sells a wide range of household appliances including refrigerators, freezers, washing…
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