On June 16, XPeng Inc fell 5.11% in regular trading, trading at $13.7559/share, with turnover of $38.76 million. The decline came amid broad-based weakness across the electric vehicle sector and persistent concerns over the company's recent quarterly loss.
The EV sector saw widespread selling pressure, with Rivian down 4.53%, NIO down 4.52%, and Tesla down 2.07%. XPeng's decline was compounded by lingering negative sentiment following its Q1 earnings report, which showed net losses of 1.78 billion yuan, a sharp reversal from the prior quarter's brief profitability. Revenue fell 17.6% year-over-year to 13.03 billion yuan, while quarterly deliveries dropped 33.3% to 62,682 vehicles. R&D expenditure surged 46.8% to 2.91 billion yuan, fully consuming gross profit as the company accelerates its physical AI and robotics initiatives.
The company's asset-liability ratio climbed to 71.77%, a historical high, as it continues investing heavily in humanoid robotics, Robotaxi, and AI chip development alongside its core vehicle business.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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