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 (紐交所：ZK) 報告了2024年第二季度的營業收入爲200.4億元人民幣（27.6億美元），同比增長58.4%，超過分析師的預估26億美元。
The premium electric vehicle company's adjusted net loss per ADS of $0.75 beat the analyst consensus loss estimate of $1.40.
該高端電動汽車公司每ADS調整後每股虧損爲0.75美元，超出分析師一致預估的1.40美元的虧損。
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年第二季度總交付量爲54,811輛，同比增長100%，環比增長66%。
In July 2024, the company delivered 15,655 vehicles, up 30% year over year.
2024年7月，該公司交付了15,655輛車，同比增長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.
本季度車輛銷售額爲134.4億元人民幣（18.5億美元），同比增長59.0%，這是由於ZEEKR車輛銷售量的增加。車輛銷售額較2024年第一季度增長了64.4%。
The vehicle margin was 14.2% for the quarter, up from 13.6% year over year, primarily due to procurement savings.
這一季度的汽車毛利率爲14.2%，同比增長13.6%，主要是由於採購節省。
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年第二季度電池和其他元件的銷售額爲53億元人民幣（72920萬美元），同比增長36.1%，主要歸因於電池組和電動驅動銷售量的增加。
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年第二季度研發服務和其他服務的營收爲13億元人民幣（17920萬美元），同比增長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%有所增長，這要歸功於電池和其他元件的利潤率增加。
The company held 8.05 billion Chinese Yuan ($1.11 billion) in cash and equivalents as of June-end.
截至6月底，該公司持有80.5億人民幣（11.1億美元）的現金和等值物。
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.
過去12個月中，ZEEKR智能科技股票下跌了超過46%，因爲中國的電動汽車行業面臨着國內價格戰和國際貿易保護主義關稅的困擾。
Price Action: ZK stock traded higher by 8.41% at $16.50 premarket at the last check Wednesday.
Zk股票在上一個週三最後一次的盤前交易中以16.50美元的價格上漲了8.41%。
Image Credits – Shutterstock
圖片來源- shutterstock