Celis won the bet: surpassed Li Auto and became the car company with the highest market value in new power

Among the domestic new car manufacturers, Li Auto’s market value used to rank first. Data show that Li Auto’s market value exceeded 280 billion in 2023, with a year-on-year increase of 94.15%.

From the perspective of market value growth, Li Auto also ranks first among all domestic automakers.

With the significant increase in market value in 2023, Li Auto has not only become the car company with the highest market value among the new car manufacturing forces, but also ranks second only to BYD among the key listed car companies in China.

The reason why Li Auto’s market value can perform so well is of course due to its perfect sales in 2023.

XPeng Motors, which is as famous as Li Auto and a new force in car manufacturing, has a market value of only 99.30 billion in 2023, an increase of 62.3% year-on-year. It ranks ninth in the market value of domestic car companies. Although it has also entered the top 10, it is obvious that there is a big gap with Li Auto.

As for NIO, the market value in 2023 is 126.50 billion yuan, ranking sixth among domestic car companies, but it has decreased by 3.51% year-on-year.

In other words, among the three new car-making forces of "Wei Xiaoli", Li Auto is far ahead of NIO and Xiaopeng in terms of market value alone. In contrast, although NIO’s market value is not the lowest, it is the only car company among the three that has experienced a year-on-year decline.

I originally thought that in 2024, Li Auto would still be able to sit firmly on the throne of "No. 1 in the market value of new car manufacturers". But I didn’t expect that before the first half of the year was over, Li Auto’s first place in market value was refreshed.

Beyond Li Auto, it is Cyrus.

When it comes to Cyrus, some people may feel a little unfamiliar. But when it comes to Qinjie, everyone may know. So what is the relationship between Cyrus and Qinjie? Qinjie is a car brand jointly built by Cyrus and Huawei.

The relationship between them is that Sailis is responsible for the production of the world’s cars, and Huawei is empowering the world in the field of intelligence and technology.

The latest data show that as of June 19, the total market value of Sailis Automobile was 151.151 billion yuan, making it the car company with the highest market value among the new forces of car manufacturing. After losing nearly 10 billion yuan in the past four years, Sailis finally ushered in a highlight moment.

In the same period, Li Auto’s market value was equivalent to RMB 145.865 billion.

That is to say, on June 19, Cyrus Auto successfully surpassed Li Auto in market value and officially became the car company with the highest market value among the new car manufacturing forces. In addition, the data also shows that the market value of Cyrus Auto in the global market ranks 22nd, followed by Li Auto in 23rd place.

Judging from the sales of the two car companies in the recent period, with the listing of the ideal L6, Li Auto has surpassed the world in sales and continues to become the sales champion of new car manufacturers. However, due to the poor performance of the ideal MEGA market, it has had a certain impact on the market value of Li Auto.

On the other hand, the Q Jie produced by Sailis, since the launch of the new M7 last year, sales have begun to soar. Even more terrifying is the flagship model Q Jie M9, which has become the highest-selling model in China with a price of more than 500,000.

Like Li Auto, in Quarter 1 this year, Celis Automobile also achieved profitability, with a net profit of nearly 220 million yuan.

Next, who are you more optimistic about in terms of market value performance of Selix and Ideal? Welcome to leave a message at the end of the article to interact.