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XPeng shares rose nearly 12% in early trading

Tiger Newspress2021-11-23

XPeng shares rose nearly 12% in early trading after the China-based electric vehicle maker reported a wider-than-expected third-quarter loss but revenue that rose well above forecasts and provided an upbeat fourth-quarter outlook.The net loss widened to RMB1.59 bln ($249.7 million), or RMB1.89 per American depositary share (ADS), from a loss of RMB1.15 billion a year ago. Excluding nonrecurring items, the adjusted loss per ADS came to RMB1.77, compared with the FactSet consensus of RMB1.30.

Revenue jumps 187.4% to RMB5.72 billion ($895.5 million) to beat the FactSet consensus of RMB5.03 billion, as deliveries rose 199.2% to a record 25,666 vehicles, including 217.7% growth in P7 model deliveries.

Gross margin improved to 14.4% from 4.6%. Looking ahead, the company expects fourth-quarter deliveries of between 34,500 and 36,500 vehicles, representing growth of 166.1% to 181.5%, and revenue between RMB7.1 billion and RMB7.5 billion, compared with the FactSet consensus of RMB6.09 billion.

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  • karuppasamy
    ·2021-12-01
    Nice
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  • Bspn
    ·2021-11-26
    Steady la
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  • Louis7779
    ·2021-11-26
    ok 
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  • nautiann
    ·2021-11-25
    Good for those holding on to the stock
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  • HWChua1961
    ·2021-11-24
    Nio might ride on good news
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  • Wah
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    收起
  • HENRYCSC
    ·2021-11-24
    Like 
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  • ming22
    ·2021-11-24
    Yeah, please continue 🚀🚀
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  • SGboy
    ·2021-11-24
    Roating
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  • CynthiaGho
    ·2021-11-24
    Like pls 
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  • Trainman
    ·2021-11-24
    EV is the next era. Save the world by making Green cars.
    回复
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    收起
    • BettyT
      Yeah
      2021-11-24
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    • CynthiaGho
      👍
      2021-11-24
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  • TSY123
    ·2021-11-24
    EV
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  • Juanlee
    ·2021-11-24
    Some companies report good results but share price drop after news. Xpeng share price jumped up big after a loss quarter.  
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    • evey77
      Maybe it’s just the market makers at their game. Get the retail investors jumping on the bandwagon - sell to them at high pxs, then they buy back again when they make the px falls.😬
      2021-11-25
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    • WCS1981
      Yup noticed this anonaly many times. Perhaps Due to stuff not privy to retail investors like u….
      2021-11-24
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  • Bill516
    ·2021-11-24
    Like 
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  • Barbarazhao
    ·2021-11-24
    Good for Xpeng
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  • Wendy8899
    ·2021-11-24
    Great! 👍🏻👍🏻👍🏻
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  • TK360
    ·2021-11-24
    Nice 
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  • 2021koon
    ·2021-11-24
    Back to previous high!!
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    • Elsontok
      yes
      2021-11-24
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  • Lifestyle
    ·2021-11-24
    Too many EV wana be the next Tesla 🤔
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  • TaiWoeiHaur
    ·2021-11-24
    Good morning pls like 
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    • buckethead
      ok
      2021-11-25
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    • b1uesky
      like
      2021-11-25
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