净亏损13.3亿元（1.8亿美元）。其中，汽车销售收入为人民币146.7亿元（20.1亿美元），同比增长20.0%，环比增长66.8%。$XPeng (XPEV.US)$ In the first quarter of 2025, the expected delivery volume of Autos will be between 91,000 and 93,000 units, an increase of approximately 317.0% to 326.2% year-on-year; total revenue is expected to be between RMB 15 billion and RMB 15.7 billion, an increase of approximately 129.1% to 139.8% year-on-year.
On Tuesday, March 18, XPeng Motors released its fourth quarter Earnings Reports, which showed that
In Q4 2024: total revenue was 16.11 billion yuan (2.21 billion USD), an increase of 23.4% year-on-year and 59.4% quarter-on-quarter; gross margin was 14.4%, significantly improved from 6.2% in the same period of 2023, and the gross margin of Autos also increased to 10.0%, a significant growth from 4.1% in the same period of 2023.
Net loss was 1.33 billion yuan (0.18 billion USD). Among them, the sales revenue from Autos was 14.67 billion yuan (2.01 billion USD), an increase of 20.0% year-on-year and 66.8% quarter-on-quarter.
For the entire year of 2024: total revenue was 40.87 billion yuan, a year-on-year increase of 33.2%; gross margin was 14.3%; net loss was 5.79 billion yuan (0.79 billion USD).
Cash reserves: As of December 31, 2024, cash and cash equivalents, restricted cash, short-term investments and time deposits amounted to 41.96 billion yuan (5.75 billion USD).
Delivery volume: In Q4 2024, the delivery volume of Autos was 91,507 units, a year-on-year increase of 52.1%; the total delivery volume of Autos for the year 2024 was 190,068 units, a year-on-year increase of 34.2%. Delivery volume in January and February 2025: January delivered 30,350 units, February delivered 30,453 units, accumulating 60,803 units for the year.
Sales network: As of December 31, 2024, there are a total of 690 stores covering 226 cities. Charging network: **1,920 self-operated charging stations, including 928 ultra-fast charging stations.
AI Global Strategy accelerates layout, actively embracing the future of mobility.
It is worth noting that the management of Xpeng Motors emphasized the key role of AI in the Automotive Industry in the Earnings Reports. Mr. He Xiaopeng stated that the company is committed to becoming a Global AI automotive company and to building a smart Technology brand loved by users around the world. This strategic direction indicates that Xpeng Motors will continue to increase investments in technologies such as autonomous driving and smart cockpit to maintain its competitive advantage in the smart electric vehicle sector.
In addition, Xpeng Motors' strategic cooperation with the Volkswagen Group (China) is also actively advancing. Both parties will join forces to build one of the largest ultra-fast charging networks in China, which will help enhance the user experience for Xpeng Motors and accelerate the popularization of electric vehicles.
Optimistic outlook for the first quarter of 2025.
For the first quarter of 2025, Xpeng Motors has provided an optimistic performance guidance. The expected vehicle delivery volume will be between 91,000 and 93,000 units, a year-on-year increase of approximately 317.0% to 326.2%. The expected total revenue will be between RMB 15 billion and RMB 15.7 billion, a year-on-year increase of approximately 129.1% to 139.8%.
Development Strategy:
Emphasizing AI-driven smart electric vehicles, building a Global AI automotive company.
Cooperating with the Volkswagen Group (China) to build a super-fast charging network.
Outlook for the first quarter of 2025:
Expected vehicle deliveries are between 91,000 and 93,000 units, a year-on-year increase of approximately 317.0% to 326.2%.
Expected total revenue is between 15 billion and 15.7 billion yuan, a year-on-year increase of approximately 129.1% to 139.8%.
Editor/rice
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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