Latest news with #RMB0.45
Yahoo
21-05-2025
- Automotive
- Yahoo
XPeng Shares Soar After Q1 Revenue Surges 142% on Record Deliveries
May 21 - Shares of XPeng (NYSE:XPEV) jumped about 12% on Wednesday after the electric vehicle maker posted stronger-than-expected first-quarter results. Warning! GuruFocus has detected 2 Warning Sign with XPEV. Revenue rose 141.5% year-over-year to RMB15.81 billion ($2.19 billion), topping the RMB15.69 billion consensus estimate. The surge was supported by record deliveries of 94,008 vehicles in the quarter, a 331% increase from the same period last year. Adjusted diluted net loss per American depository share narrowed to RMB0.45, down from RMB1.49 a year earlier and below the projected RMB1.51 loss. Gross margin improved to 15.6% from 12.9% a year ago. The company ended the quarter with RMB45.28 billion in cash, short-term investments, and deposits, up from RMB41.96 billion at the end of 2024. XPeng's CEO, Xiaopeng He, said the company hit a new quarterly delivery record despite seasonal trends, adding that more high-volume models are on the way as part of its long-term strategy. For the second quarter, XPeng expects to deliver between 102,000 and 108,000 vehicles, with revenue seen rising 116% to 131% year-over-year to RMB17.5 billionRMB18.7 billion. This article first appeared on GuruFocus.
Yahoo
21-05-2025
- Automotive
- Yahoo
XPeng Shares Soar After Q1 Revenue Surges 142% on Record Deliveries
May 21 - Shares of XPeng (NYSE:XPEV) jumped about 12% on Wednesday after the electric vehicle maker posted stronger-than-expected first-quarter results. Warning! GuruFocus has detected 2 Warning Sign with XPEV. Revenue rose 141.5% year-over-year to RMB15.81 billion ($2.19 billion), topping the RMB15.69 billion consensus estimate. The surge was supported by record deliveries of 94,008 vehicles in the quarter, a 331% increase from the same period last year. Adjusted diluted net loss per American depository share narrowed to RMB0.45, down from RMB1.49 a year earlier and below the projected RMB1.51 loss. Gross margin improved to 15.6% from 12.9% a year ago. The company ended the quarter with RMB45.28 billion in cash, short-term investments, and deposits, up from RMB41.96 billion at the end of 2024. XPeng's CEO, Xiaopeng He, said the company hit a new quarterly delivery record despite seasonal trends, adding that more high-volume models are on the way as part of its long-term strategy. For the second quarter, XPeng expects to deliver between 102,000 and 108,000 vehicles, with revenue seen rising 116% to 131% year-over-year to RMB17.5 billionRMB18.7 billion. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
