Anneater
2021-11-23
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XPeng shares gain after Q3 beat, guides Q4 revenues above consensus
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Vehicle margin was 13.6% vs. 3.2% year ago.</p>\n<p>CEO comment: “Looking forward, XPeng will continue to trailblaze new and disruptive advancements that redefine China’s automobile industry, transforming future mobility with technology. We believe our innovative mindset, outstanding full-stack R&D capabilities and a powerful pipeline of products will continue to drive our future success.”</p>\n<p>Q4 Guidance: Deliveries: ~34.5K-36.5K vehicles (+~166.1% to +181.5% Y/Y); Total revenues: RMB7.1B to RMB7.5B (~+149% to +163% Y/Y) vs. consensus of RMB5.8B.</p>\n<p>Last week, the company unveiled its new G9 flagship smart SUV at the 19th Guangzhou International Automobile Exhibition.</p>\n<p>Total Smart EV deliveries reached 10,138 in October 2021, representing a233% increase Y/Y.</p>\n<p>During the quarter, the company began shipping its P7 sedan to Norway and expects to deliver models to customers in Q4 2021.</p>\n<p>Peer, Li Auto(NASDAQ:LI)to report Q3 results next week on November 29. Expects Q3 deliveries in the range of 25,000 and 26,000 units, an increase of 188.7% to 200.2% from Q3 2020.</p>\n<p>XPeng unveiled anew model last week.</p>","source":"seekingalpha","collect":0,"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 shares gain after Q3 beat, guides Q4 revenues above consensus</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 shares gain after Q3 beat, guides Q4 revenues above consensus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 19:56 GMT+8 <a href=https://seekingalpha.com/news/3773645-xpeng-shares-gain-after-q3-beat-guides-q4-revenues-above-consensus><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XPeng (NYSE:XPEV) +4.3% premarket on exceeding Q3 consensus mark.\nThe company reported Q3 deliveries growth of 199% Y/Y and 47.5% Q/Q to 25,666 units, exceeding the company's guidance of 23,000 to 25,...</p>\n\n<a href=\"https://seekingalpha.com/news/3773645-xpeng-shares-gain-after-q3-beat-guides-q4-revenues-above-consensus\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://seekingalpha.com/news/3773645-xpeng-shares-gain-after-q3-beat-guides-q4-revenues-above-consensus","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1176372323","content_text":"XPeng (NYSE:XPEV) +4.3% premarket on exceeding Q3 consensus mark.\nThe company reported Q3 deliveries growth of 199% Y/Y and 47.5% Q/Q to 25,666 units, exceeding the company's guidance of 23,000 to 25,000 vehicles.\nP7 deliveries rose 71.2% Q/Q to 19,731 units, of which 99% can support XPILOT 2.5 or XPILOT 3.0.\nThe company's branded super charging stations expanded to 439, covering 121 cities as of September 30, 2021.\nRevenues from vehicle sales increased 187.7% to $847.4M, mainly due to higher vehicle delivery, especially for the P7.\nRevenues from services and others grew 182.2% to $40.3M.\nGross margin rate was 14.4% vs. 4.6% year ago. Vehicle margin was 13.6% vs. 3.2% year ago.\nCEO comment: “Looking forward, XPeng will continue to trailblaze new and disruptive advancements that redefine China’s automobile industry, transforming future mobility with technology. We believe our innovative mindset, outstanding full-stack R&D capabilities and a powerful pipeline of products will continue to drive our future success.”\nQ4 Guidance: Deliveries: ~34.5K-36.5K vehicles (+~166.1% to +181.5% Y/Y); Total revenues: RMB7.1B to RMB7.5B (~+149% to +163% Y/Y) vs. consensus of RMB5.8B.\nLast week, the company unveiled its new G9 flagship smart SUV at the 19th Guangzhou International Automobile Exhibition.\nTotal Smart EV deliveries reached 10,138 in October 2021, representing a233% increase Y/Y.\nDuring the quarter, the company began shipping its P7 sedan to Norway and expects to deliver models to customers in Q4 2021.\nPeer, Li Auto(NASDAQ:LI)to report Q3 results next week on November 29. Expects Q3 deliveries in the range of 25,000 and 26,000 units, an increase of 188.7% to 200.2% from Q3 2020.\nXPeng unveiled anew model last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":484,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/875542807"}
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