XPeng Q2 Earnings: 30.2% Deliveries Growth, Margin Boost From Volkswagen Partnership, Q3 Outlook And More
XPeng Q2 Earnings: 30.2% Deliveries Growth, Margin Boost From Volkswagen Partnership, Q3 Outlook And More
Chinese EV maker XPeng Inc (NYSE: XPEV) reported fiscal second-quarter sales growth of 60.2% year-on-year, to 8.11 billion Chinese Yuan ($1.12 billion), missing the analyst consensus estimate of 8.21 billion Chinese Yuan ($1.13 billion). Total revenues increased 23.9% sequentially.
中國電動汽車製造商小鵬汽車（NYSE:XPEV）報告顯示，截至2024年6月30日的財季第二季度銷售額同比增長60.2％，達到81.1億人民幣（約11.2億美元），略低於分析師共識預估的82.1億人民幣（約11.3億美元）。總營收環比增長23.9％。
Adjusted net loss per ADS of (1.29) Chinese Yuan missed the analyst consensus loss estimate of (1.26) Chinese Yuan. In USD terms, the adjusted earnings per ADS was a loss of 18 cents, which is in line with the consensus.
每股美國存托股的調整後淨虧損爲（1.29）人民幣，低於分析師共識平均損失預估的（1.26）人民幣。以美元計算，每股美國存託憑證的調整後淨虧損爲虧損18美分，與共識一致。
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另請參閱：中國網上「以舊換新」計劃可能在2024年推動電動汽車銷售達到1,000萬台，推動納斯達克（NASDAQ）上的蔚來、小鵬和理想汽車的股票上漲。
The Tesla Inc (NASDAQ:TSLA) rival's quarterly vehicle deliveries increased 30.2% year-on-year to 30,207.
作爲特斯拉股票（NASDAQ：TSLA）的競爭對手，小鵬汽車的季度車輛交付同比增長30.2％，至30,207輛。
XPeng's physical sales network had 611 stores, covering 185 cities as of June 30, 2024. XPeng's self-operated charging station network reached 1,298 stations as of June 30, 2024.
截至2024年6月30日，小鵬汽車的實體銷售網絡擁有611家門店，覆蓋185個城市。小鵬汽車自營充電站網絡截至2024年6月30日已達到1,298個。
Revenues from vehicle sales increased 54.1% Y/Y to $0.94 billion. Gross margin was 14.0% versus (3.9)% a year ago. Vehicle margin was 6.4% versus (8.6)% a year ago, primarily attributable to the cost reduction and the improvement in the model product mix.
汽車銷售的營收同比增長54.1％，達到9.4億美元。毛利率爲14.0％，去年同期爲（3.9）％。車輛毛利率爲6.4％，去年同期爲（8.6）％，主要歸因於成本降低和產品結構的改進。
Operating loss for the quarter was $(0.22) billion. The company held $5.14 billion in cash and equivalents as of June 30, 2024.
本季度運營虧損爲22億美元，截至2024年6月30日，公司持有51.4億美元的現金及現金等價物。
"Starting from the launch of MONA M03 in August, we are about to enter into a strong product cycle. In the next 3 years, we will have a large number of new models and facelift versions in the pipeline for market launch," said Mr. Xiaopeng He, Chairman and CEO of XPeng.
小鵬汽車董事長兼CEO何小鵬先生表示:"從8月份MONA M03發佈開始，我們即將進入強勁的產品週期。在未來3年中，我們將有大量的新車型和升級版本，準備在市場上推出。"
"With cost reduction through technical improvement and revenues from technical collaboration in our strategic partnership with Volkswagen, our gross profit margin in the second quarter of 2024 has further increased to 14.0%," said Dr. Hongdi Brian Gu, Honorary Vice Chairman and Co-President of XPENG.
"通過技術改進的成本降低以及與大衆汽車戰略合作中的技術合作收入，我們2024年第二季度的毛利率進一步提高至14.0％，"小鵬汽車榮譽副董事長兼聯席總裁顧虹弟博士表示。
Outlook: XPeng expects third-quarter vehicle deliveries of 41,000–45,000, up 2.5%–12.5% year-on-year.
展望未來：小鵬汽車預計第三季度車輛交付量爲41,000-45,000輛，同比增長2.5％-12.5％。
The company expects second-quarter revenue of 9.1 billion Chinese Yuan–9.8 billion Chinese Yuan, representing a year-on-year increase of 6.7%–14.9%, versus the consensus of 10.50 billion Chinese Yuan.
公司預計第二季度收入爲910億人民幣-980億人民幣，同比增長6.7％-14.9％，低於共識的105億人民幣。
XPeng stock plunged over 56% in the last 12 months as it strives against a domestic price war coupled with U.S. and EU protectionist tariffs.
由於面臨國內的價格戰和美國、歐盟貿易保護主義關稅的問題，小鵬汽車股票在過去12個月中暴跌了超過56％。
Price Action: At the last check on Tuesday, XPEV stock traded higher by 0.28% to $7.22 premarket.
截至週二最後一次交易時，小鵬汽車（XPEV）股票在盤前交易中上漲0.28％，至7.22美元。
Image by Robert Way via Shutterstock
圖像來自Shutterstock的Robert Way