XPeng Full Year 2023 Earnings: Revenues Disappoint

Simply Wall St.04-19

XPeng (NYSE:XPEV) Full Year 2023 Results Key Financial Results Revenue: CN¥30.7b (up 14% from FY 2022). Net loss: CN¥10.4b (loss widened by 14% from FY 2022). CN¥11.92 loss per share (further ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428637536?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","is_english":true,"pubTime":"2024-04-19 18:33","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2428637536","market":"us","top_or_hot":-1,"title":"XPeng Full Year 2023 Earnings: Revenues Disappoint","media":"Simply Wall St.","content":"<div>\n<p>XPeng (NYSE:XPEV) Full Year 2023 Results\nKey Financial Results\n\nRevenue: CN¥30.7b (up 14% from FY 2022).\nNet loss: CN¥10.4b (loss widened by 14% from FY 2022).\nCN¥11.92 loss per share (further ...</p>\n\n<a href=\"https://finance.yahoo.com/news/xpeng-full-2023-earnings-revenues-103352144.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng Full Year 2023 Earnings: Revenues Disappoint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXPeng Full Year 2023 Earnings: Revenues Disappoint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-19 18:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/xpeng-full-2023-earnings-revenues-103352144.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XPeng (NYSE:XPEV) Full Year 2023 Results\nKey Financial Results\n\nRevenue: CN¥30.7b (up 14% from FY 2022).\nNet loss: CN¥10.4b (loss widened by 14% from FY 2022).\nCN¥11.92 loss per share (further ...</p>\n\n<a href=\"https://finance.yahoo.com/news/xpeng-full-2023-earnings-revenues-103352144.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XPEV","symbol_name":"小鹏汽车","start_time":0,"source_url":"https://finance.yahoo.com/news/xpeng-full-2023-earnings-revenues-103352144.html","article_id":"2428637536","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428637536","pubTimestamp":1713522832,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"NYSE:XPEV Revenue and Expenses Breakdown April 19th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 2.9%. Earnings per share  was mostly in line with analyst estimates.In the last 12 months, the only revenue segment was Auto Manufacturers contributing CN30.7b. Notably, cost of sales worth CN30.1b amounted to 98% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN6.15b . Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN461.2m. Explore how XPEV's revenue and expenses shape its earnings.Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto industry in the US.The company's shares are down 13% from a week ago.Every company has them, and we've spotted   2 warning signs for XPeng   you should know about.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"XPEV":"小鹏汽车"},"translate_title":"XPeng 2023年全年收益：收入令人失望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XPEV":0.9},"content_text":"XPeng (NYSE:XPEV) Full Year 2023 Results\nKey Financial Results\n\nRevenue: CN¥30.7b (up 14% from FY 2022).\nNet loss: CN¥10.4b (loss widened by 14% from FY 2022).\nCN¥11.92 loss per share (further deteriorated from CN¥10.67 loss in FY 2022).\n\n\n\n\n  NYSE:XPEV Revenue and Expenses Breakdown April 19th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nXPeng Revenues Disappoint\n Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) was mostly in line with analyst estimates. \n In the last 12 months, the only revenue segment was Auto Manufacturers contributing CN¥30.7b. Notably, cost of sales worth CN¥30.1b amounted to 98% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥6.15b (54% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥461.2m. Explore how XPEV's revenue and expenses shape its earnings.\n Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto industry in the US. \nPerformance of the American Auto industry.\n The company's shares are down 13% from a week ago. \nRisk Analysis\n What about risks? Every company has them, and we've spotted   2 warning signs for XPeng   you should know about. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428637536"}