On August 25, XPENG-W fell 8.47% in regular trading, trading at HK$44.7/share, with turnover of HK$174 million. The decline followed the release of Q2 earnings on August 24, which missed consensus on multiple fronts.
XPENG reported Q2 revenue of RMB 19.74 billion, below the FactSet estimate of RMB 20.50 billion. Adjusted loss per ADS came in at RMB 1.29, far exceeding the expected loss of RMB 0.91. First-half net loss expanded 173% year-over-year to RMB 31.2 billion, while deliveries declined 15.8% to 166,000 units. Most critically, Q3 revenue guidance of RMB 21.7-23.4 billion fell dramatically short of the FactSet consensus of RMB 26.69 billion.
While gross margin of 20.7% exceeded the estimated 19.2% and the robotics division secured over $900 million in funding at a $6.3 billion valuation, the significant earnings shortfall and weak forward guidance dominated market sentiment, triggering broad selling pressure.
(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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