01
—
Sales volume
Q3 sold 40008 units. Within the financial outlook, 29,570 units were sold in the same period last year, up 35.3% year on year and 72.4% month on month.
After a full year of under-estimation of sales, Xiaopeng's sales rebounded sharply this quarter thanks to the popularity of G6, setting a record for single-quarter sales, which was not easy.
Q4 outlook:
Sales volume was 59500-63500 units, up 101%-115% year on year. The average monthly sales volume in November and December was about 19000-21,000 units.
Revenue was $127-13.6 billion, up 86%-99% year on year.
02
—
infrastructures
In Q3, the number of stores decreased by 16. In fact, the current number of stores corresponds to the current sales volume. Efficiency is very low, and store closures are normal.
The number of overcharging stations increased by 34. In the last year or two, investment in overcharging stations has basically stopped, and limited funds have been concentrated on models and price wars. Contrary to NIO, it is more pragmatic and effective.
03
—
revenues
Q3 data:
Revenue was $8.53 billion, up 25% year on year. Growth resumed after three consecutive quarters of negative growth.
First three quarters:
Revenue was $17.626 billion, up -18.8% year on year, mainly due to poor sales in the first two quarters.
04
—
Māori
Q3 data:
Overall gross profit -228 million, gross profit margin -2.7%; vehicle gross profit margin -6.1%, which is 2.5 percentage points narrower than Q1. The two harms are less severe than others. At a fixed price, low sales volume, and low...