Bitauto Holdings Limited ( BITA )

BITA has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company.
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors' attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses.

One such company that might be well-positioned for future earnings growth is Bitauto Holdings Limited ( BITA ). This firm, which is in the internet services industry, saw EPS growth of 79.3% last year, and is looking great for this year too.

In fact, the current growth estimate for this year calls for earnings-per-share growth of 62.1%. Furthermore, the long-term growth rate is currently an impressive 25%, suggesting pretty good prospects for the long haul.

And if this wasn't enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 30.5%.

Read more: www.nasdaq.com/article/...e-of-the-tape-cm343582#ixzz2z4doJZSU

In 2010 through 2012, BITA grew revenues at average annual pace of 57%. While that early-stage growth pace is slowing, the numbers are still impressive. In early March, BITA reported standout Q4 2013 results with the following highlights...

Revenue was $79.9 million, a 36.3% increase from the corresponding period in 2012. Revenue in fiscal year 2013 was $237.8 million, a 36.2% increase from 2012.

Operating profit was $17.2 million, a 52.2% increase from the corresponding period in 2012. Operating profit in fiscal year 2013 was $41.4 million, a 63.3% increase from 2012.

The company also guided to 1Q14 sales $53.9-55.5M, suggesting continued 36-40% year-over-year revenue growth. In reaction, Oppenheimer analysts noted.......

"We’re raising our 2014 sales and GAAP estimates from $301M/$1.18 to $327M/$1.54, and increasing our target to $45 from $30."............

In November, BitAuto announced a joint venture with Kelley Blue Book and the China Automobile Dealers Association (CADA) to provide data on the Chinese used car market. But not only did BITA pick a great US partner, they are also launching these services in mobile applications to meet the country's increasingly high-tech consumer demand........

seekingalpha.com/article/...s-bull-of-the-day-bitauto-holdings

blogs.barrons.com/emergingmarketsdaily/...tohome-on-valuation/

Credit Suisse started their coverage on China‘s Internet auto websites today, giving Bitauto (BITA) a Buy rating with $46 price target and Autohome (ATHM) a Neutral rating with $36 price target.

China’s Internet auto websites are in an earlier development stage than say real estate or travel, says Credit Suisse.

The vertical websites tend to have three stages: 1. Pure marketing for clients; 2. Generate sales for clients, charging them either a fixed fee, or at a later phase, performance-based fee; 3. Execute transactions for clients.

According to Credit Suisse, China’s online travel agencies such as Ctrip.com are already at stage 3. The real estate sites such as Soufun are at the second phase of stage 2. But the auto websites are just starting to explore the second phase.

In that sense, the China Internet auto sector has a lot more room to grow.

Credit Suisse urges us to buy Bitauto for its online-to-offline capabilities, but Autohome is looking pricey. Here are analysts Evan Zhou and Dick Wei:

   We like Bitauto for its strong online-to-offline capability in sales leads generation. We expect a performance-based solution to offer meaningful upside in its wallet share among dealers. Valuation is attractive compared to peers and we recommend investors to accumulate. Autohome is leading in portals ads and is also fast ramping up the dealership platform. While we like its organic traffic and valuable UGC resources among auto vertical websites, we believe that the current valuation fairly reflects Autohome’s leadership premium and superior portal user experience, and the stock may have limited upside before a meaningful breakthrough in auto e-commerce.

Shares of Bitauto rose 9.1% today to trade at $33.58. Autohome advanced 7.9% to trade at $33.88.

www.nasdaq.com/press-release/...-group-and-uxin-20140422-00099

...today announced that it has entered into an agreement to establish a joint venture (the "JV"), with Pangda Automobile Trade Co., Ltd ("Pang Da Group"), one of China's leading automotive dealership groups, and Youxin Internet (Beijing) Information Technology Co., Ltd. ("UXIN"), a leading used car electronic auction service provider in China.

The joint venture will solidify the leading position of Bitauto's proprietary used car website, taoche.com, by providing high-quality used car listings and expanding the website's inventory of available-for-sale used cars. Building on Bitauto's existing competitive barriers within the used car ecosystem, the partnership will help grow Bitauto's already leading share of China's nascent used car transaction market. The JV will also help bring much-needed vehicle valuation services to market....

Summary

   Bitauto’s strong fundamental momentum is expected to continue.
   Growth in the mobile segment and the recently enhanced used car segment should boost the top and bottom line down the road.
   I am raising my price target from $45 to $51 on rising EPS expectations for 2014.
   Downside should be limited given the growth potential and a reasonable forward valuation.

Bitauto's strong momentum was evident throughout 2013, and is expected to continue in 2014. The company's revenue grew 36% Y/Y, while operating income and non-GAAP net income grew 63% and 77% respectively. Bitauto.com advertising business and EP Platform business were responsible for most of the growth and margin expansion,......
seekingalpha.com/article/...ranslate-into-a-higher-share-price

By Zacks.com,  May 01,
www.nasdaq.com/article/...ime-to-buy-tale-of-the-tape-cm349106

Report First Quarter Unaudited Financial Results on Thursday, May 8, 2014
: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2014, before the U.S. market opens on Thursday, May 8, 2014. Bitauto's management will hold an earnings conference call at 8 AM on May 8, 2014 U.S. Eastern Time
www.prnewswire.com/news-releases/...-may-8-2014-257457631.html

10% plus in Deutschland gestern,da hat wohl jemand sie auf dem Kieker

First Quarter 2014 Highlights

   Revenue in the first quarter of 2014 was RMB353.4 million (US$56.9 million), a 47.6% increase from the corresponding period in 2013.
   Gross profit in the first quarter of 2014 was RMB287.0 million (US$46.2 million), a 55.1% increase from the corresponding period in 2013.
   Operating profit in the first quarter of 2014 was RMB54.0 million (US$8.7 million), a 174.4% increase from the corresponding period in 2013.
   IFRS profit in the first quarter of 2014 was RMB36.9 million (US$5.9 million), an 87.4% increase from the corresponding period in 2013.
   Non-GAAP profit in the first quarter of 2014 was RMB45.3 million (US$7.3 million), a 95.5% increase from the corresponding period in 2013.
   Non-GAAP basic and diluted profit per ADS in the first quarter of 2014 was RMB1.13 (US$0.18) and RMB1.06 (US$0.17), respectively.  ......

www.prnewswire.com/news-releases/...014-results-258419961.html

The provider of services for China's automotive industry reported Q1 earnings earlier this month.
The company reported a 78% jump in EPS to 18 cents, 2 cents over views. Revenue rose 47% to $54.3 million on double-digit sales growth through its website and mobile platforms.

Read More At Investor's Business Daily: news.investors.com/technology/...alibaba-ipo.htm#ixzz32inNWvpw

...Bitauto (NYSE:BITA) is quickly building up the right side of a new base. But it too would be a late-stage pattern. Still, the stock has rallied for five of the past six weeks. Its Relative Strength line has hit a new high.

The company, which provides online content and marketing services for China's auto industry, has delivered triple-digit profit growth in three of the past four quarters. Analysts polled by Thomson Reuters see its full-year earnings rising 50% to $1.55 a share.

Read More At Investor's Business Daily: news.investors.com/...2342-vipshop-has-solid-profit-growth.htm

finance.yahoo.com/news/...ion-deliver-exclusive-151100770.html

This week, these ten stocks, all currently earning A’s (“strong buy”) on Portfolio Grader, have the best year-to-date performance......The price of Bitauto Holdings Ltd. Sponsored ADR (BITA) is up 82.4% since the first of the year. Bitauto provides Internet content and marketing services for the automotive industry, primarily in the People’s Republic of China.

investorplace.com/2014/07/...d-more-gmk-trgp-tpl/#.U9vXEWM42uo

07/15/14  www.thestreet.com/story/12774184/1/...lifetime-high-stock.html      .....TheStreet Quant Ratings rates Bitauto Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Highlights from the ratings report include:

   The revenue growth came in higher than the industry average of 21.2%. Since the same quarter one year prior, revenues rose by 47.4%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
   BITA has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.69, which clearly demonstrates the ability to cover short-term cash needs.....
BITAUTO HOLDINGS LTD -ADR reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, BITAUTO HOLDINGS LTD -ADR increased its bottom line by earning $0.95 versus $0.53 in the prior year. This year, the market expects an improvement in earnings ($1.55 versus $0.95).

seekingalpha.com/article/...auto-time-to-take-profits?uprof=46

www.it-times.de/news/...-mehr-als-150-prozent-steigern-106243/

Bitauto Hldg Ltd (ADR) (NYSE:BITA) declared that it has entered into an agreement to establish a joint venture (“JV”) company, with China Yong Da Automobiles Services Holdings Limited (“Yong Da Group”), one of China’s leading automotive dealership groups, and Youxinpai (Beijing) Information Technology Co., Ltd. (“UXIN”), a leading professional electronic auction service provider for used cars in China......

www.techsonian.com/...resources-partners-lp-nysengls/12312460/

Zacks cut shares of Bitauto Hldg Ltd (NASDAQ:BITA) from an outperform rating to a neutral rating in a research report sent to investors on Monday morning. The firm currently has $67.30 price target on the stock....tickerreport.com/banking-finance/317229/...td-to-neutral-bita/

Concern about China’s slowing growth was a major factor in the recent sell-off. The World Banknow estimates that the Chinese economy will grow at 6.9% a year, down from earlier forecasts of 7.1%.

As a group, Chinese e-commerce stocks got hammered, with Bitauto Holdings Ltd. (NYSE: BITA) coming under severe pressure. From its recent closing high of $96.14 reached on Aug. 26 to its recent low of $63.09 on Oct. 13, the stock declined 34.3%. (We picked up the stock for around $31 back in April.)

The leader in China’s automotive e-commerce sector, Bitauto sells online advertising and provides reviews and pricing data for consumers. It also serves as an online showroom for both new- and used-car dealers.
etfdailynews.com/2014/10/27/...r-cheap-tech-stocks-to-buy-now/
It has operating returns of more than 21% and earns 23% on stockholders’ equity. The most recent quarterly earnings were up 107.6%. With a market cap of $3.29 billion, Bitauto trades at about $75.

Even though Bitauto quickly recovered much of its value, the stock remains a bargain. Stupid Cheap Price:$70.90.

www.it-times.de/news/...z-und-ergebnis-fast-verdoppeln-108179/

In addition to beating Q3 estimates, Bitauto (NYSE:BITA) is guiding for Q4 revenue of $117.3M-$120.6M, above a $110.1M consensus. Net profit is expected to rise 52.9%-62.6% Y/Y to $25.7M-$27.4M.Q3 ad/subscription revenue totaled $87.6M, and agent service revenue $11.4M. The Bitauto.com advertising and EP platform (marketing/CRM apps for auto dealers) businesses both saw 68% Y/Y growth.
Gross margin was 80.3%, flat Q/Q and up from 74.4% a year ago. Sales/admin spend rose 64.7% Y/Y to $47.7M, and R&D spend 39.3% to $6.2M.

seekingalpha.com/news/...q4-guidance-autohome-plus-5_2-percent

,....BitAuto stock is up 148% year to date and the company's rise fits into one of the more prominent stories of the year, the awakening of Chinese internet companies.

This year we've seen gargantuan IPOs from Chinese e-commerce leaders Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD). Shares of Alibaba have already returned over 65% from their September debut. Some of the smaller Chinese internet stocks including BitAuto are performing even better.

Since we profiled BitAuto back in March, shares have doubled. This company is on an absolute tear for reasons, which could have been foreseen. It caters to the emerging Chinese middle class and aims to disrupt a notoriously inefficient business, auto-dealerships.

BitAuto provides information on its website about car pricing, specifications, and dealership reviews and has an advertising business built on top of that. The earnings growth here is off the charts......seekingalpha.com/article/...y-attention-to-its-earnings-friday

Summary

   Bitauto reported Q3 earnings and revenue that blew past analyst estimates.
   The company guided Q4 revenue significantly above views.
   Accelerating revenue growth and margin expansion are enough to justify the significant valuation expansion in the last couple of months.
   I was too conservative with my valuation expectations in previous articles and I am significantly raising my price target to reflect the meaningfully improved growth prospects.
................
Conclusion

Bitauto has surprised most of us with outsized EPS and revenue gains in the first three quarters of 2014. The accelerating top line growth in the last three quarters and meaningful margin expansion have caused significant P/E expansion, and the improving growth outlook should be enough to justify the same or slightly lower valuation in the next 12 to 18 months. My $120 price target translates into 37% upside from the current price, while the share price could exceed $150 if we take the upper end of the expected valuation range. The rising competition remains the main worry, but the company has managed to build its brand and grow its revenues significantly in face of the growing competition, and the growth story is far from over.
seekingalpha.com/article/...-strong-outlook-make-bitauto-a-buy

blogs.barrons.com/asiastocks/2014/12/08/bitauto-autohome-in-overd­rive-aarete-says-sell/?

Bitauto, Autohome: From Displaying To Selling Cars, UBS Starts At Buy
December 18, 2014
Analysts Ming Xu and Erica Poon Werkun today started their coverage with a Buy rating on both companies, with $100 price target for Bitauto and $47.50 price target for Authome...
blogs.barrons.com/asiastocks/2014/12/18/...ubs-starts-at-buy/?

seekingalpha.com/news/...internet-mobile-stocks-post-big-gains

Standouts include online retailers JD.com (JD +3.8%) and Vipshop (VIPS +5%), auto sites Bitauto (BITA +6%) and Autohome (ATHM +3.9%), beaten-down Qihoo (QIHU +4.2%) and NQ Mobile (NQ +8.4%), and newly-public social network/mobile chat platform Momo (MOMO +6.3%).
Chinese online real estate plays SouFun, E-House, and Leju have delivered 10%+ gains after the city of Beijing hiked a credit ceiling for home purchase loans, and Perfect World has soared after receiving a going-private offer. Renren also had a very good day.

usa.chinadaily.com.cn/epaper/2014-12/19/content_19126341.htm
Five years on from the mainland auto boom, the time is ripe for an explosion in used car sales, industry experts say. Yang Ziman reports.

Used cars look set to be the new growth engine for the national automobile industry, with total sales volume on the mainland tipped to surpass 9 million by the end of the year.

Shen Rong, vice-chairman of the China Automobile Dealers Association, noted that the era of fast growth in the new-car sector is now at an end. In the next few years, annual sales of second-hand cars will grow by double digits.

In the first 10 months, the sales volume for used cars hit 4.9 million units - up 16.8 percent over the same period last year. Their total value amounted to 294.5 billion yuan ($47.6 billion) - up 27.1 percent year-on-year. "County and township-level areas hold great potential for sales of used cars," said Shen. "Many people in these less developed regions, because of their limited financial means, tend to purchase a used car as a transitional automobile before they are able to buy a brand new one."

Used cars get into gear

Lin Zhe, CEO of Kaixin Second-Hand Cars - a Shanghai-based company that helps people sell their used cars - said demand in the second-hand car market is outstripping supply, which is the biggest difference between China and a mature second-hand car market like that of the US.
According to the China Automobile Dealers Association, the sales volume of new cars in China was 22 million units last year, while the figure for pre-owned cars stood at only 5.2 million. The ratio for new and used cars sold was 1:0.24.

"In the US, the sales volume of second-hand cars is three times that of new cars," said Lin. "There's great room for growth in the Chinese market."

China's car parc - the number of cars and other vehicles in use in a region or market - was close to 140 million by the end of 2013. In overseas markets, the transaction volume of second-hand cars is 20 percent of the car parc. In China, this proportion is merely 4 percent, Lin noted.

"The O2O (online to offline) market is beginning to take shape," he said. "As new as these online platforms are at present, they are catching up with conventional dealers quickly." "The O2O model is able to reduce intermediary fees, mostly commissions to used car agencies," said Yang Haoyong, chief executive officer of Ganji.com. "The second-hand car market is expected to surge. The year 2010 was a boom year for the Chinese automobile industry. Consequently, 2015 will be an explosion year for used cars, since the average frequency for people to update their cars is every five to six years," Yang forecast.

BITA+9%  und ATHM +10%

seekingalpha.com/news/...om-tencent-investing-1_55b-in-bitauto

   Chinese mobile messaging/gaming giant Tencent (OTCPK:TCEHY) and leading direct online retailer JD.com (JD +0.8%) are directly investing $1.3B in "cash and resources" in major auto site Bitauto (BITA +8.7%), and $250M in Bitauto's YiXin Capital (online auto financing) subsidiary.
   JD will directly invest $400M in cash in Bitauto and provide $750M in resources, including "exclusive access to the new and used car channels on JD.com's e-commerce sites including mobile apps and additional support from its key platforms," in exchange for shares. Tencent will directly invest $150M in cash. JD and Tencent will respectively invest $100M and $150M in YiXin Capital.
   The deal will leave JD with a 25% stake in Bitauto, and Tencent a 3.3% stake. JD and Tencent will respectively have 17.7% and 26.6% stakes in YiXim Capital. Tencent already has a sizable stake in JD.
   Bitauto, whose shares have soared on the news, promises to "aggressively invest to solidify Bitauto's industry leadership and build market share" in upcoming months. Rival Autohome (ATHM +5.8%) is also up sharply, perhaps on hopes a Tencent/JD rival (Alibaba?) will invest in the company in response.

moneymorning.com/2015/01/09/...ese-small-cap-is-already-up-19/

....BITA is essentially a play on two exciting markets: the automotive industry, and e-commerce. Bitauto provides online advertising as well as reviews and pricing information for consumers looking to buy cars. It's basically an online showroom for new and used car dealers.

On one end, Bitauto is a bet on an automotive industry entering a new age. Cars and technology are intersecting in new and exciting ways – and rapidly.

"Cars today have become high tech. They are brimming with advanced technology," Money Morning Defense and Tech Specialist Michael Robinson. "A wide range of exciting new tech features – everything from advanced sensors to software to GPS to Web and Bluetooth integration – are helping the auto industry rack up new sales records."

Robinson, who has been tracking the auto industry for 34 years, said now "is the most exciting time I've ever seen in the industry."

And it's also a player in Chinese e-commerce. This growing market is poised to explode in the next decade.

"According to the research I've seen, e-commerce in China is projected to hit $540 billion by 2015, and that's just for starters," said Money Morning Executive Editor Bill Patalon. "By 2020, China's e-commerce market will be worth more than the United States, the United Kingdom, Japan, Germany, and France combined. So we know that growth is coming."

Robinson recommended the Bitauto stock twice in the past. The first time was in Feb. 2014 at $29.66, then again in April at $35.33. It closed yesterday (Thursday) at $83.71. If you got in early, you would have made 182% gains. If you got in the second time, you would have "only" netted 137%.

This surge was tempered by a pullback later in the year, but that is to be expected.

"When a stock goes on such a quick, impressive rally, many investors wonder how much upside is left," Robinson said. "In this case, I still see potential for strong gains."

seekingalpha.com/news/...home-tumble-on-chinese-car-sales-data



   Chinese vehicle sales rose 6.9% in 2014 to 23.5M, estimates the China Association of Automobile Manufacturers. Sales are expected to grow 7% in 2015 to 25.1M.
   Passenger vehicle sales are expected to rise 8%, and SUV sales 25%. Dealers note consumers are increasingly asking for bigger discounts, and complain they've been pressured to meet unrealistic sales targets to achieve year-end bonuses. Meanwhile, many Chinese cities are trying to limit car purchases in an attempt to lower air pollution.
   Auto sites Bitauto (BITA -15%) and Autohome (ATHM -7.8%) are off sharply. Both surged on Friday after JD.com and Tencent announced they're investing $1.55B in Bitauto.

finance.yahoo.com/news/...-5-additions-thursday-143002623.html

offenbar ähnlich wie Morgan Stanley  sehen sie das Finanzgeschäft mit Tencent und JD.com kritisch weill es die Aktienzahl erhöht und den Wert der Aktien verwässert. Morgan Stanley hat das Kursziel von  $96.50 auf $73.6 um 24% reduziert
blogs.barrons.com/asiastocks/2015/02/11/...n-stanley-cuts-tp/?

www.prnewswire.com/news-releases/...arch-9-2015-300043351.html

before the market opens

finance.yahoo.com/news/...successful-closing-jd-100000617.html

www.zacks.com/stock/news/166640/...nk-5-additions-for-thursday

seekingalpha.com/pr/...th-quarter-and-fiscal-year-2014-results
Fourth Quarter and Fiscal Year 2014 Highlights

   Revenue in the fourth quarter of 2014 was RMB975.2 million (US$157.2 million), a 101.7% increase from the corresponding period in 2013. Revenue in fiscal year 2014 was RMB2.46 billion (US$396.3 million), a 70.8% increase from 2013.
   Gross profit in the fourth quarter of 2014 was RMB667.5 million (US$107.6 million), a 74.5% increase from the corresponding period in 2013. Gross profit in fiscal year 2014 was RMB1.86 billion (US$300.1 million), a 68.6% increase from 2013.
   Operating profit in the fourth quarter of 2014 was RMB195.1 million (US$31.4 million), an 87.5% increase from the corresponding period in 2013. Operating profit in fiscal year 2014 was RMB538.2 million (US$86.7 million), a 114.5% increase from 2013.
IFRS profit in the fourth quarter of 2014 was RMB150.0 million (US$24.2 million), a 60.6% increase from the corresponding period in 2013. IFRS profit in fiscal year 2014 was RMB489.1 million (US$78.8 million), a 102.8% increase from 2013.
Non-GAAP profit in the fourth quarter of 2014 was RMB197.4 million (US$31.8 million), a 91.1% increase from the corresponding period in 2013. Non-GAAP profit in fiscal year 2014 was RMB510.9 million (US$82.3 million), a 94.1% increase from 2013.
Non-GAAP basic and diluted profit per ADS in the fourth quarter of 2014 was RMB4.50 (US$0.73) and RMB4.25 (US$0.68), respectively. Non-GAAP basic and diluted profit per ADS in fiscal year 2014 was RMB11.96 (US$1.93) and RMB11.21 (US$1.81), respectively. ....

und die Rede des CEO...

mir unverständlich dass sie so stark fällt

William Li - Chairman and Chief Executive Officer

[Foreign Language]
Unidentified Company Representative ?

Looking to 2015, while we continued to develop our existing business and improved operating efficiency we will increase our investments in O2O [ph] related products and services. We believe that it is now the crucial moment to transform China’s automobile industry from a purely offline transaction model to an O2O transaction model. As the industry leader this auto will swiftly seize this opportunity ???? and rapidly expand our market share which we believe will drive the long term growth of our company and our shareholders value.

seekingalpha.com/article/...4-results-earnings-call-transcript

...With that, I will turn to guidance for the first quarter of 2015. Bitauto currently expects to generate revenue in the range of RMB630 million US$111.5 million to RMB650 million US$104.8 million in the first quarter of 2015, representing a 78.2% to 83.9% year-over-year increase.

Bitauto currently expects non-GAAP loss/profit attributable to ordinary shareholders of the parent from RMB-5.0 million US$-0.8 million to RMB5.0 million US$0.8 million in the first quarter of 2015.... link s.oben

???

quotes.freerealtime.com/dl/frt/N?NewsStory=1

www.telegraph.co.uk/finance/markets/...orries-dog-markets.html
Analysts say the massive falls have been mainly triggered by a new crackdown on margin trading, where investors use borrowed money to buy securities.
This has heightened concerns that stocks are overvalued, prompting retail investors to lock in profit. .....

What Makes Bitauto Holdings (BITA) a Strong Sell?

www.nasdaq.com/article/...trong-sell-tale-of-the-tape-cm490665

Bitauto down 6.3% on soft Q3 guidance

Though it beat Q2 estimates, Bitauto (NYSE:BITA) is guiding for Q3 revenue of $161.3M-$169.4M (+64.5%-72.7%), below a $171.9M consensus. Profit is expected to be in a range of $15.3M-$16.9M, down from Q2's $19.8M; consensus is for EPS of $0.30 vs. a Q2 level of $0.31....quotes.freerealtime.com/dl/frt/N?NewsStory=1

Bitauto, Autohome jump after Beijing cuts vehicle tax

seekingalpha.com/news/...e-jump-after-beijing-cuts-vehicle-tax

Fourth Quarter and Fiscal Year 2015 Highlights

Revenue in the fourth quarter of 2015 was RMB1.24 billion (US$191.3 million), a 27.1% increase from the corresponding period in 2014. Revenue in fiscal year 2015 was RMB4.01 billion (US$619.3 million), a 63.1% increase from 2014.
Gross profit in the fourth quarter of 2015 was RMB902.8 million (US$139.4 million), a 35.2% increase from the corresponding period in 2014. Gross profit in fiscal year 2015 was RMB2.78 billion (US$429.5 million), a 49.4% increase from 2014.
Non-GAAP profit in the fourth quarter of 2015 was RMB112.2 million (US$17.3 million), compared to a non-GAAP profit of RMB197.4 million (US$30.5 million) in the corresponding period in 2014. Non-GAAP profit in fiscal year 2015 was RMB367.7 million (US$56.8 million), compared to a non-GAAP profit of RMB510.9 million (US$78.9 million) in 2014.
Non-GAAP basic and diluted profit per ADS in the fourth quarter of 2015 was RMB1.68 (US$0.26) and RMB1.63 (US$0.25), respectively. Non-GAAP basic and diluted profit per ADS in fiscal year 2015 was RMB5.86 (US$0.90) and RMB5.47 (US$0.84), respectively.

ausführlicher hier
www.prnewswire.com/news-releases/...015-results-300232384.html

15.März
ir.bitauto.com/phoenix.zhtml?c=240892&p=irol-reportsAnnual

schaffen sie demnächst profitabel zu werden. Die Wachstumsaussichten scheinen ja sonst sehr gut zu sein.  

http://www.ariva.de/news/...ectors-approves-150-million-share-6879388

"...The shares rose 68% for all of 2017. Bitauto is a volatile beast, packing a one-year beta of 2.64.
Its original auto marketing offerings continue to post double-digit growth. Revenue from its advertising and subscription business went up 18% to $168.9 million, and its digital marketing solutions segment grew its top-line results by 49% to $49.5 million. However, the real driver here is its transaction services business, soaring 116% in the quarter to become the largest division here with $195.2 million in revenue.Playing a larger role in the actual vehicle sale has been a game changer for Bitauto, and it's also what drew three of China's largest dot-com darlings to take sizable investment stakes  in the company two years ago. Bitauto used the capital infusion and the perhaps even more valuable connections to lay the groundwork for one of China's largest online car financing platform. Bitauto closed out the year with $1.7 billion in cash, equivalents, and restricted cash...."

www.nasdaq.com/article/...k-after-last-weeks-20-drop-cm937296

www.prnewswire.com/news-releases/...ne-13-2018-300657960.html

www.fool.com/investing/2018/03/20/...after-last-weeks-20.aspx
Wachstumsaussichten wurden zurückgenommen
..." Bitauto's troublesome guidance calls for top-line growth to decelerate in the first quarter. Bitauto sees $301.8 million to $309.5 million in revenue, well short of the $337.1 million that analysts were modeling. Things aren't as bad as the miss is suggesting. Bitauto's forecast reflects revenue net of the value-added tax, a new revenue recognition standard that Bitauto is embracing this year. Some of the higher Wall Street targets probably weren't baking that into their projections. On a gross basis, revenue for the quarter will rise between 37% and 41% to hit $325.6 million and $333.8 million. We're still eyeing a top-line miss and decelerating revenue growth, but growth on a comparable basis remains strong.
The sell-off appears overdone, and Bitauto is signaling as such by announcing board authorization for $150 million in buybacks."

vor den Zahlen am 13ten einsteigen?
Die Wachstumsstory scheint ja intakt zu sein und ein Boden scheint auch gefunden. Was meint ihr?

....Bitauto Holdings lags the pack with its earnings falling by more than half over the past year, which indicates the company will be growing at a slower pace than its software peers. However, the future seems brighter, as analysts expect an industry-beating growth rate of 73.77% in the upcoming year.

finance.yahoo.com/news/...bitauto-193821050.html?guccounter=1

schent mir ähnlich wie bei MOMO ein positives Zeichen, zumindest wetten einige auf Überraschung

pp.quotemedia.com/quotetools/showFilingOutline.go?webmasterId=501&link=quotemedia.10kwizard.com/...s.xml?ipage=12292643&repo=tenk

und plötzlich minus 4%
warum ich werde nicht schlau aus der Änderung
Eric Chan   Insider?
CITIC Capital Holdings Limited  Hongkong an HARVEST OCEAN (CAYMAN) LIMITED ?  

quotes.freerealtime.com/quotes/BITA/News

kennt jemand noch ein gutes Board wo man sich über Ami und China Werte unterhält?

Hol dir die StockTwits app. Dort finder reger Austausch der Amis ua über China Werte statt.

@Kicky: Denke das waren Gewinnmitnahmen vom Lauf der letzten Tage. Bin gestern eingestiegen und rechne damit dass nun der Anstieg vor den Zahlen weitergeht.

der Autozahlen in China und welche Rolle das Internet hierbei spielt bei Firmen wie Autohome und Bitauto
seekingalpha.com/article/...xposure-chinese-internet-industry
"...Low car sales per capita. China is still underpenetrated in terms of car sales. According to this source, there were less than 140 cars per 1,000 inhabitants and less than 170 four-wheel motor vehicles per 1,000 inhabitants at the end of 2016, which compares to a number of 400-900 four-wheel motor vehicles in the developed economies. Even if we didn’t expect the gap to close, the huge difference suggests an excellent growth opportunity driven by an increasing penetration of car sales among the population.

Low internet penetration. Growing car sales shouldn’t be considered the only source of potential growth for Autohome or Bitauto. An equally important growth driver is the increasing penetration of internet usage in China, where only 52% of the people are using the internet, which compares to 88.5% in the United States...."

www.nasdaq.com/symbol/bita/stream

schöne Zusammenfassung
www.marketbeat.com/stocks/NYSE/BITA/

ir.bitauto.com/...240892&p=irol-newsArticle&ID=2354349

Revenue in the first quarter of 2018 was RMB2.17 billion (US$346.1 million), a 52.3% increase from the corresponding period in 2017.
Gross profit in the first quarter of 2018 was RMB1.35 billion (US$215.2 million), a 34.3% increase from the corresponding period in 2017.
Loss from operations in the first quarter of 2018 was RMB313.3 million (US$50.0 million), compared to a loss from operations of RMB10.9 million (US$1.7 million) in the corresponding period in 2017. The increased loss was mainly due to the increased expenses relating to the Company's marketing efforts and provision for credit losses of finance receivables.
Non-GAAP income from operations in the first quarter of 2018 was RMB8.0 million (US$1.3 million), compared to a Non-GAAP income from operations of RMB223.1 million (US$35.6 million) in the corresponding period in 2017.....

da beisst die Maus kein Faden ab, das war wohl doch enttäuschend trotz stark gestiegenem Umsatz erhöhte Verluste ...
hat sich eigentlich Tage  zuvor schon mit Minus angekündigt

seekingalpha.com/article/...-results-earnings-call-transcript

CFO wird abgelöst

klar, sieht der hohe Verlust auf dem ersten Blick nicht gut aus aber das rasante Wachstum kommt ja nicht von ungefähr. Das Unternehmen investiert extrem um seine Marktposition auszubauen. Ich bin bei dir wenn es darum geht dass in den nächsten Q Zahlen mal ein Gewinn abfallen muss. Bisher finde ich aber stimmt die Wachstumsstory.

Was glaubt Ihr, bis wann die endlich wieder profitabel arbeiten ?
Ansonsten würde ich sagen, dass sie in einem absoluten Zukunftsmarkt operieren; und warum soll ich das Risiko eingehen, einzelne Autoaktien zu kaufen, wenn ich die Aktie einer Internetplattform kaufen kann über der sämtliche Autos aller Marken vertrieben und beworben werden. Wenn Bitauto die Marktkapitalisierung von Autohome erreichen könnte, dann wäre hier extrem viel luft nach oben. Dafür braucht es aber profitabilität, die Autohome seit längerem schon beständig liefert. Mfg

Bitauto            Market Cap:      1,36 Mrd. USD
                      Umsatz in Q 3:       396 Mio USD

Autohome:    Market Cap:   10,17 Mrd. USD
                     Umsatz in Q 3:      275 Mio. USD

Autohome ist längst profitabel; sollte bitauto demnächst die Gewinnschwelle erreichen, wonach es aussieht, dann sehe ich aufgrund oben genannten Vergleichs hier einen potentiellen 10-Bagger die nächsten Jahre. Bitauto hat einen geringen Freefloat, dies erklärt die extremen Kursschwankungen dieser Aktie. Keine Kaufempfehlung, nur meine persönl. Einschätzung für jeden, den die Bitauto Aktie interessiert, Tencent ist übrigens auch beteiligt.
Wer mehr über des Geschäftsmodell wissen will:
www.investresearch.net/bitauto-aktie/

Bei Wallstreetonline findet Ihr interessante Einschätzungen des Verfassers "szew" zu Bitauto. Mfg

Kennt jemand den Grund für den heutigen Anstieg? Ich kann weder auf der IR Seite, noch auf Bloomberg oder sonstigen Newsportalen etwas finden

Vielleicht hat ein Institutioneller hier eingekauft, bei dem Preis ?

hat Bitauto einen extrem geringen Freefloat, was bei geringem Volumen immer schon gerne für hohe Kursschwnakungen in beide Richtungen verantwortlich ist.
Hier noch ein Artikel aus seeking alpha:
seekingalpha.com/article/...er-safe-target-highly-undervalued
Mfg

seekingalpha.com/article/4203080-bitauto-monster-making

Hier die Meldung zum Übernahmeangebot von Tencent und Hammer Capital:

ir.bitauto.com/news-releases/...nary-non-binding-going-private

Angebotener Preis je ADS sind 16 USD

bin erstmal raus, bevor das Teil wieder den Rückwärtsgang einlegt. Auch wenn ich weitere 20 % Anstieg verpasse, aber die 15 Dollar sind mir sicher.
Die Aktie hätte nach den Zahlen von Q 1 explodieren müssen, nachdem sie da ein positives Ergebnis vorweissen konnten. Die Kursentwickling hier ist mir suspect.
Sie machen im Prinzip die gleichen Umsätze wie Autohome (Autohome ist aber super profitabel), sind aber 10 mal niedriger bewertet als Autohome, hätte also bei zukünftiger positiver Gewinnentwichlung m.E. ein Tenbagger werden können.
Versuche es jetzt bei Uxin (Gebrauchtwagenplattform), Chart sieht dort jetzt ganz gut aus.
Entscheidend werden dort natürlich auch die Q 2  zahlen am 23.9. sein.
Keine Handelsempfehlung, nur meine bescheidene Meinung. Mfg