Understanding the Market | XPENG-W opened nearly 10% higher, Q1 performance exceeded market expectations, He Xiaopeng stated that it will move towards profitability in Q4

Zhitong
2025.05.22 01:26
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XPENG-W opened nearly 10% higher, and as of the time of writing, it rose 9.74%, trading at HKD 85.1, with a transaction volume of HKD 102 million. In terms of news, XPeng announced its performance for the first quarter of 2025, with total revenue of RMB 15.81 billion, a year-on-year increase of 141.5%; gross margin reached 15.6%, an increase of 2.7 percentage points year-on-year, setting a new quarterly historical high; the gross margin for vehicles reached 10.5%, an increase of 5 percentage points year-on-year, achieving growth for seven consecutive quarters; the net loss attributable to ordinary shareholders was RMB 660 million, a year-on-year decrease of 51.5% and a quarter-on-quarter decrease of 50.1%. In the first quarter of this year, XPeng delivered a total of 94,008 electric vehicles, a year-on-year increase of 330.8%. The company stated that it expects revenue in the second quarter to be between RMB 17.5 billion and RMB 18.7 billion; it anticipates that the delivery volume in the second quarter will be between 102,000 and 108,000 vehicles, a year-on-year increase of approximately 237.7% to 257.5%. He Xiaopeng expressed confidence that this year, not only will the sales target of more than double be achieved, but the company will also move towards profitability in the fourth quarter, achieving positive free cash flow for the entire year

According to Zhitong Finance APP, XPeng-W (09868) opened nearly 10% higher, and as of the time of writing, it has risen by 9.74%, trading at HKD 85.1, with a transaction volume of HKD 102 million.

In terms of news, XPeng announced its performance for the first quarter of 2025, with total revenue of RMB 15.81 billion, a year-on-year increase of 141.5%; gross margin reached 15.6%, an increase of 2.7 percentage points year-on-year, setting a new historical high for a single quarter; the automotive gross margin reached 10.5%, an increase of 5 percentage points year-on-year, achieving growth for seven consecutive quarters; net loss attributable to ordinary shareholders was RMB 660 million, a year-on-year decrease of 51.5% and a quarter-on-quarter decrease of 50.1%.

In the first quarter of this year, XPeng delivered a total of 94,008 electric vehicles, a year-on-year increase of 330.8%. The company stated that it expects revenue in the second quarter to be between RMB 17.5 billion and RMB 18.7 billion; it anticipates that the delivery volume in the second quarter will be between 102,000 and 108,000 units, a year-on-year increase of approximately 237.7% to 257.5%. He Xiaopeng expressed confidence that this year, not only will the sales target of more than double be achieved, but the company will also move towards profitability in the fourth quarter, achieving positive free cash flow for the entire year

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