Chinese Company

Analysis of BYD 2020 Annual Report: New Energy is the Growth Engine

In 2020, The COVID-19 outbreak dealt a heavy blow on the global economy, but the New Energy Vehicle industry has embraced a good time. As Tesla sales volumes booming, the market capital of Tesla has also skyrocketed in 2020. Other NEV vendors has a similar journey, such as BYD, NIO, xPeng, etc. However, we should not take BYD just as NEV vendor. BYD has played a significant role in industries related to electronics, automobiles, new energy and rail transit. From energy…
Read more

Analysis of Huawei 2020 Annual Report: Make Preparation for Mastering Own Destiny

As we know, 2020 is a very challenge year for Chinese companies, because of the COVID-19 impact. However, I believe Huawei has most tough year compared with others, since US government make strict ban of key component procurement.  Let’s see what financial data Huawei achieved in 2020. From the above graph, we can see that the revenue and net profit are still growing slightly. Considering the dual impact of COVID-19 and US procurement ban, it’s not easy for Huawei. However,…
Read more

Analysis of Ping An Good Doctor 2020 Annual Report: Connect Doctors and Patients

In 2020, the sudden outbreak of COVID-19 impacted on the world economy and people’s lifestyles to an extent, and also greatly increased doctors’ and patients’ acceptance of online consultation. Since the outbreak, increasingly more people have started to accept online healthcare, and got used to substituting it for part of offline outpatient treatment. In addition, regulators and local governments introduced a series of policies, supporting and encouraging the development of Internet healthcare, promoting online tiered diagnosis and treatment, and accelerating…
Read more

Analysis of Ping An 2020 Annual Report: Technology Empower Business Development

In 2020, almost every businesses from each industry were severely impacted by the COVID-19 epidemic. The main business of Ping An is life insurance, which rely on the insurance agent keep close contact with customers, so the life insurance of Ping An has a difficult year.  If we look back the overall operation figures since IPO, we will find out the it’s the second time that the net profit and ROE of Ping An was dropped.  As we all know,…
Read more

BYD, a Global Pioneer in New Energy Solutions to Build a Zero-Emission Ecosystem

BYD is a high-tech company devoted to technological innovations for a better life. BYD was founded in February 1995, and after more than 20 years of fast growth, the company has established over 30 industrial parks worldwide and has played a significant role in industries. BYD is principally engaged in automobile business which includes new energy vehicles and traditional fuel-engined vehicles, handset components and assembly services, rechargeable battery and photovoltaic business, as well as the urban rail transit business segment which…
Read more

Will Ping An Health Care Ecosystem Solve the Difficulty of Medical Treatment in China

Before I dived into Ping An health care ecosystem, I will share my experience of medical treatment in hospital recently. Last week, I have my throat stuck by fish bone, and went to hospital immediately. After registered, I went to Otolaryngology, the doctor give the suggestion to have X ray for my throat. They are at different places, and the doctor can not give the exact answer when got the X ray result.  After all the process, I have spent 3…
Read more

Analysis of Xiaomi 2020 Interim Report: Investment Creates Good Yields

In 2020, COVID-19 pandemic has put great challenges to businesses, especially overseas market. From another perspective, COVID has provide great opportunity to identify which company has resilient business, and beyond expectation even in difficult times.  Actually, the business performance of Xiaomi is beyond expectations in the first half year of 2020. As we can see from the financial result, the overall revenue is growing modestly by 7.9%, and the profit is growing fast by 29.3. If we are clearly aware of lockdown…
Read more

Analysis of Ping An 2020 Q3 Financial Statements: Several Indicators need to be Improved

As we all know, Ping An has a tough year in 2020, not only the insurance business was severely affected by the Covid-19 epidemic, but also the poor investment performance from invested in the HSBC and Chinese real estate. The stock price of Ping An has fallen down by 6% this year so far, by contrast, the peer China Life Insurance Company stock price has risen by 34% and HS300 has risen by 14%.  However, in my opinion, Ping An management…
Read more

Taobao and TMall, the Massive and Fast Growing Online Retail Ecosystem in China

Alibaba provides the largest retail commerce business in the world in terms of GMV 2020, which is up to US 1 trillion in terms of GMV. Alibaba operate China retail marketplaces, consisting of Taobao Marketplace, China’s largest mobile commerce with a large and growing social community, and Tmall, the world’s largest third-party online and mobile commerce platform for brands and retailers.  As I have said Alibaba aims to build the operating system for commerce, and provides a bundle of services to…
Read more

Ant Group, Building Payment and Financial Services Infrastructure through Technology Innovation

In September, the hottest market news is Ant Group, backed by Alibaba, will go public to list its shares in Hong Kong and on Shanghai’s Star Market, China’s Nasdaq-like tech board. This will lead to one of the biggest IPO in histroy.  Let’s see what business Ant Group provides and why it may pull off a record breaking IPO.  In “Alibaba, the Operating System for Commerce, Make Business Easy Anywhere“, I have briefly provide one picture that the payment and…
Read more