My review of XPEVs of recent financial report
@ToughCoyote:
» » » 1. Quarterly revenue fell by 40% Fourth quarter. The total revenue of Xiaopeng Automobile in the fourth quarter of 2022 was 5.14 billion yuan, down 39.9% from the same period in 2021 and 24.7% from the third quarter of 2022; Automobile sales revenue was RMB 4.66 billion, down 43.1% from the same period in 2021 and 25.3% from the third quarter of 2022; The gross profit margin was 8.7%, 12.0% in the same period in 2021, compared with 13.5% in the third quarter of 2022; The car profit margin was 5.7%, 10.9% in the same period in 2021, and 11.6% in the third quarter of 2022; The net loss was RMB 2.36 billion, RMB 1.29 billion in the same period in 2021, and RMB 2.38 billion in the third quarter of 2022. The whole year of 2022. The total revenue of the fiscal year 2022 was 26.86 billion y