China Electric Vehicle Corporation Xiaopeng Automobile's net loss in the second quarter was 2.8 billion yuan (RMB, the same below, about S $ 522 million), an increase of 3.8%year -on -year, an increase of 20%month -on -month, exceeding market expectations, which exceeded market expectations.Net loss is 21.71 yuan.U.S. stocks fell more than 8%.
According to the surging news report, Xiaopeng Automobile released the second quarter of the 2023 financial report on Friday (August 18).According to the financial report, in the second quarter of this year, Xiaopeng Automobile's revenue was 5.06 billion yuan, a year -on -year decrease of 31.9%, and an increase of 25.5%month -on -month; net loss was 2.8 billion yuan, an increase of 3.8%year -on -year, and an increase of 20%month -on -month.
In terms of gross profit margin, Xiaopeng Automobile's car gross profit margin in the second quarter of 2023 was -8.6%, compared with 9.1%in the same period in 2022, and -2.5%in the first quarter of 2023.
Xiaopeng Automobile said that the decline in automobile profit margins is mainly G3I -related inventory reduction and inventory purchase commitment losses.In addition, the increase in promotional activities and the end of new energy vehicle subsidies have also affected gross margins.
In the second quarter, Xiaopeng Automobile delivered a total of 23,200 new cars.Xiaopeng Automobile is expected to be delivered from 39,000 to 41,000 vehicles in the third quarter.
Xiaopeng Automobile CEO He Xiaopeng said at the financial report telephone that it would impact the company's monthly target to deliver 20,000 vehicles in the fourth quarter.
I asked Xiaopeng Auto Management at the financial report on the conference call of the financial report, and whether the price of the car market was reduced, and whether the price reduction would follow up.Show a denied attitude towards price reduction promotion.
Some executives said that the adjustment of the price of friends has not affected Xiaopeng sales. Generally speaking, it can maintain a good market position.Because when the G6 is priced, it is expected that the price pressure has been expected, and there is no adverse factors at present.
A number of executives emphasized that Xiaopeng's current strategy is to ensure that the company resumes growth and scale as soon as possible.
From the car delivery data, Xiaopeng Automobile is recovering.In the second quarter of this year, Xiaopeng Automobile delivered a total of 23,200 new cars. Although it was still disadvantaged in the new vehicle construction forces, it increased by 27.3%over 18,200 vehicles in the first quarter.
In mid -July, the Xiaopeng G6 model, which was called Xiaopeng Automobile's "Life Straw" by the outside world, was delivered. The official data disclosed by officials showed that its sales in July were 3,900 vehicles.Thanks to the increase in sales of new models such as G6 and P7I, Xiaopeng's delivery data in July has heated to 11,000 vehicles, the highest since this year.
He Xiaopeng said at the financial report and telephone that the delivery volume of G6 models in September is expected to increase significantly, driving the company's monthly delivery of 15,000 vehicles.In the fourth quarter, the target of the G6 was delivered over 10,000 a month.With the climbing of G6 and richer models, it will impact the company in the fourth quarter to deliver 20,000 a month.
