Chinese Luxury EV Company Zeekr Clocks 100% Growth in Q2 Deliveries, Margin Boost Amid Domestic Price War, Tariffs
Chinese Luxury EV Company Zeekr Clocks 100% Growth in Q2 Deliveries, Margin Boost Amid Domestic Price War, Tariffs
ZEEKR Intelligent Technology Holding (NYSE: ZK) reported fiscal second-quarter revenue of 20.04 billion Chinese Yuan ($2.76 billion), representing an increase of 58.4% year-on-year, quashing the analyst consensus estimate of $2.60 billion.
ZEEKR Intelligent Technology Holding (纽交所：ZK) 报告了2024年第二季度的营业收入为200.4亿元人民币（27.6亿美元），同比增长58.4%，超过分析师的预估26亿美元。
The premium electric vehicle company's adjusted net loss per ADS of $0.75 beat the analyst consensus loss estimate of $1.40.
该高端电动汽车公司每ADS调整后每股亏损为0.75美元，超出分析师一致预估的1.40美元的亏损。
Total vehicle deliveries were 54,811 units for the second quarter of 2024, up 100% year over year and a 66% increase quarter-over-quarter.
2024年第二季度总交付量为54,811辆，同比增长100%，环比增长66%。
In July 2024, the company delivered 15,655 vehicles, up 30% year over year.
2024年7月，该公司交付了15,655辆车，同比增长30%。
Vehicle sales were 13.44 billion Chinese Yuan ($1.85 billion) for the quarter, representing an increase of 59.0% year over year due to the increased sales volume of ZEEKR vehicles. Vehicle sales increased 64.4% versus the first quarter of 2024.
本季度车辆销售额为134.4亿元人民币（18.5亿美元），同比增长59.0%，这是由于ZEEKR车辆销售量的增加。车辆销售额较2024年第一季度增长了64.4%。
The vehicle margin was 14.2% for the quarter, up from 13.6% year over year, primarily due to procurement savings.
这一季度的汽车毛利率为14.2%，同比增长13.6%，主要是由于采购节省。
Revenues from sales of batteries and other components were 5.3 billion Chinese Yuan ($729.2 million) for the quarter of 2024, representing an increase of 36.1%, mainly attributable to the increasing sales volume of battery packs and electric drives.
2024年第二季度电池和其他元件的销售额为53亿元人民币（72920万美元），同比增长36.1%，主要归因于电池组和电动驱动销售量的增加。
Revenues from research and development services and other services were 1.30 billion Chinese Yuan ($179.2 million) for the quarter, representing an increase of 326.8% year over year.
2024年第二季度研发服务和其他服务的营收为13亿元人民币（17920万美元），同比增长326.8%。
The gross margin climbed to 17.2% for the quarter, up from 12.3% Y/Y, attributable to increased margins on batteries and other components.
季度 毛利率 上升到 17.2%，比去年同期的 12.3%有所增长，这要归功于电池和其他元件的利润率增加。
The company held 8.05 billion Chinese Yuan ($1.11 billion) in cash and equivalents as of June-end.
截至6月底，该公司持有80.5亿人民币（11.1亿美元）的现金和等值物。
ZEEKR Intelligent Technology stock plunged over 46% in the last 12 months as the Chinese EV industry grappled with a domestic price war and international protectionist tariffs.
过去12个月中，ZEEKR智能科技股票下跌了超过46%，因为中国的电动汽车行业面临着国内价格战和国际贸易保护主义关税的困扰。
Price Action: ZK stock traded higher by 8.41% at $16.50 premarket at the last check Wednesday.
Zk股票在上一个周三最后一次的盘前交易中以16.50美元的价格上涨了8.41%。
Image Credits – Shutterstock
图片来源- shutterstock