Xiaopeng Automobile's US stock market plunged before the market, and its total revenue increased by 25% year-on-year in the third quarter
ayineblis
发表于 2023-11-15 20:07:22
3230
0
0
On November 15th, Xiaopeng Automobile announced that its revenue for the third quarter was 8.53 billion yuan, a 25% increase year-on-year; The net loss in the third quarter was 3.89 billion yuan, compared to 2.38 billion yuan in the same period of 2022 and 2.8 billion yuan in the second quarter of 2023.
After the financial report was released, Xiaopeng Automobile's US stock market dived before the market, now falling nearly 2%, after rising by over 3% previously; As of today's close, Hong Kong stock Xiaopeng Motors has risen by over 7% to HKD 67.8.
According to the announcement, the total delivery volume of automobiles in the third quarter of 2023 was 40008, an increase of 72.4% from 23205 vehicles in the second quarter of 2023. As of September 30, 2023, Xiaopeng Automobile's physical sales network has a total of 395 stores. As of September 30, 2023, the self operated charging station network of Xiaopeng Automobile has reached 1057 charging stations, including 854 Xiaopeng Automobile self operated super charging stations and 203 destination charging stations.
In terms of research and development, the R&D expenditure in the third quarter was 1.31 billion yuan, a decrease of 12.9% from 1.5 billion yuan in the same period of 2022, and a decrease of 4.5% from 1.37 billion yuan in the second quarter of 2023. The annual and quarterly decline is mainly related to the timing and progress of new vehicle development projects.
Looking ahead to the fourth quarter, Xiaopeng Automobile expects that the delivery volume of vehicles in the fourth quarter will range from 59500 to 63500, an increase of approximately 101.2% to 114.7% year-on-year. The total revenue will range from 12.7 billion yuan to 13.6 billion yuan, with an annual increase of approximately 86.1% to 99.3%.
He Xiaopeng, Chairman and CEO of Xiaopeng Automobile, said, "Starting from the third quarter of this year, we have entered a preliminary positive cycle. I believe that the effects of a series of changes starting this year will be more evident in 2024 and beyond, and we will enter a high-speed development positive cycle by the fourth quarter of next year
Our delivery volume has been increasing month on month for 9 consecutive months, and free cash flow has significantly improved, "said Dr. Gu Hongdi, Honorary Vice Chairman and Co President of Xiaopeng Automobile. We expect that with the significant improvement in our gross profit margin driven by new product and technology cost reductions, our free cash flow will significantly improve in the fourth quarter, which is the starting point for us to move towards long-term scale profitability
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Asia Pacific region drives Airbnb's growth in Q3
- Sohu's total revenue for the third quarter was 152 million US dollars, an increase of 4.5% compared to the same period in 2023
- NetEase: Third quarter revenue of 26.2 billion yuan
- NetEase: Third quarter revenue of 26.2 billion yuan
- The corruption case does not damage the foundation, and what caused NetEase to fall can only be the product power drop caused by insufficient innovation?
- Caterpillar's sales and revenue for the third quarter were $16.1 billion, a year-on-year decrease of 4%
- Xiaopeng Motors: Total revenue in the third quarter increased by 18.4% year-on-year
- NIO's gross profit margin for the third quarter reached 13.1%, and its free cash flow turned positive
- Nvidia's third quarter revenue reached $35.082 billion
-
知名做空机构香橼研究(Citron Research)周四(11月21日)在社交媒体平台X上发布消息称,该公司已决定做空“比特币大户”微策略(Microstrategy)这家公司,并认为该公司已经将自己变身成为一家比特币投资基金 ...
- caffycat
- 12 小时前
- 支持
- 反对
- 回复
- 收藏
-
每经AI快讯,11月20日,文远知行宣布旗下自动驾驶环卫车S6与无人扫路机S1分别在新加坡滨海湾海岸大道与滨海艺术中心正式投入运营。据介绍,这是新加坡首个商业化运营的自动驾驶环卫项目。 ...
- star8699
- 前天 19:48
- 支持
- 反对
- 回复
- 收藏
-
上证报中国证券网讯(记者王子霖)11月20日,斗鱼发布2024年第三季度未经审计的财务报告。本季度斗鱼依托丰富的游戏内容生态,充分发挥主播资源和新业务潜力,持续为用户提供高质量的直播内容及游戏服务,进一步 ...
- goodfriendboy
- 前天 20:09
- 支持
- 反对
- 回复
- 收藏
-
人民网北京11月22日电 (记者栗翘楚、任妍)2024广州车展,在新能源汽车占据“半壁江山”的同时,正加速向智能网联新能源汽车全面过渡,随着“端到端”成为新宠,智能驾驶解决方案成为本届广州车展各大车企竞 ...
- 3233340
- 6 小时前
- 支持
- 反对
- 回复
- 收藏