Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.
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Category: Earnings
Xpeng posts record revenue in Q4, gross margin turns positive
Xpeng reported total revenues of RMB 13.05 billion ($1.84 billion) in the fourth quarter of 2023, an increase of 153.9 percent from the same period in 2022 and 53.0 percent from the third quarter of 2023.
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CATL’s net profit up 24.5% in Q4 over Q3, overseas operations contribute more to 2023 revenue
CATL has 32.67 percent of its revenue coming from overseas in 2023, up from 23.41 percent in 2022, as it begins deliveries to foreign customers.
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Nio Q4 earnings: Deutsche Bank’s 1st look
Nio reported mixed fourth-quarter results while providing a better than feared first-quarter outlook, said Deutsche Bank.
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Nio Q4 earnings: Revenue beats estimates, gross margin falls short
Nio reported a net loss of RMB 5.37 billion in the fourth quarter, down 7.2 percent from the fourth quarter of 2022 and up 17.8 percent from the third quarter of 2023.
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Nio earnings preview: Here’s what to watch for Q4 2023 report
Focus will mostly be on the gross margin, and Nio management's guidance for first-quarter deliveries are expected to be weak.
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Li Auto Q4 earnings: Deutsche Bank’s 1st look
Li Auto reported strong fourth-quarter results and provided a better-than-expected outlook for first-quarter sales, Deutsche Bank said.
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Li Auto earnings call: Management expects deliveries to top 70,000 in Jun, has set up operations in Middle East
Li Auto management said they expect to see deliveries top 50,000 in March and 70,000 in June.
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Xpeng to report Q4 earnings on Mar 19
Li Auto already reported its fourth-quarter earnings earlier today, while Nio will report its earnings on March 5.
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Li Auto posts 20.3% revenue growth in Q4 from Q3, gross margin improves to 23.5%
Li Auto expects to deliver 100,000 to 103,000 units in the first quarter.
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