After the strongest financial report in history, Xiaomi and XPeng both opened lower

Wallstreetcn
2025.03.19 01:26
portai
I'm PortAI, I can summarize articles.

XPeng opened down 5.4%, and Xiaomi Corporation fell 1.1%. Xiaomi's net profit in 2024 increased by 41.3% year-on-year, reaching a historical high, with a Q4 automotive business gross margin of 20.4% and a target delivery of 350,000 units. XPeng's Q4 revenue grew by 23.4% year-on-year, with a gross margin rising to 14.4%. The market carries risks, and investment should be cautious

XPeng opened down 5.4%, while Xiaomi Corporation fell 1.1%. Xiaomi's net profit in 2024 increased by 41.3% year-on-year, reaching a record high, with a gross margin of 20.4% in Q4 for its automotive business, aiming for a delivery target of 350,000 units this year. XPeng's Q4 revenue grew by 23.4% year-on-year, with a significant increase in gross margin to 14.4%, accelerating its AI strategy layout.

Risk Warning and Disclaimer

The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at your own risk

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.