Profile

Industry: Auto manufacturing

Sector: Consumer discretionary

Theme: Chinese innovation

5-Year shareholder growth: +20.9%/year

Estimated fair value: HKD 246

Valuation assumption: 4.0% MFCF yield

Insider ownership: 28.3%

Investors: James Anderson (Lingotto Innovation)

Transaction log

  • Sep 25, 2025 - Bought 100 1211.HK @ HKD 109.20 (0.59% wtg, coffee can innovators)

  • Jan 2, 2026 - Bought 200 1211.HK @ HKD 99.20 (300 shares, 1.40% wtg)

BYD Company

Location: Shenzen, China

 

Estimated fair value history

  • Jun-25 - HKD 258 (4.0% MFCF yield)

  • Sep-25 - HKD 282

  • Dec-25 - HKD 246

History
Adding to our Chinese EV position
Adding to our Chinese EV position

Hesai Group is at the center of the EV revolution in China. [trades]

2025 stocking stuffers
2025 stocking stuffers

Who knew Santa could pick stocks?

Is Nvidia ringing the bell with its $100 billion OpenAI investment?
Is Nvidia ringing the bell with its $100 billion OpenAI investment?

Nvidia is goosing demand for its GPUs by infusing its customers with cash. This brings back bad memories of the dot-com bubble (vendor financing).

Bonus feature: the insane valuation gap between Tesla and BYD. [trades]

Hesai Group CEO talks about future of LiDAR
Hesai Group CEO talks about future of LiDAR

Hesai Group co-founder David Li talks about the great autonomous vehicle debate: Which technology will prevail, cameras or LiDAR? Li says both.

James Anderson and Morgan Samet talk innovation, investing and autonomous vehicles
James Anderson and Morgan Samet talk innovation, investing and autonomous vehicles

The future of electric vehicles and autonomous driving looks bright.

Tesla vs. BYD
Tesla vs. BYD

If we look at growth rates and valuations, there is no comparison.