Chinanews.com, March 3 (Zhongxin Finance, Ge Cheng) On the evening of the 17th, Xpeng Motors disclosed its Q17 and full-year financial reports for 2022 - the total delivery volume of vehicles in 4 was 2022 units, a year-on-year increase of 120757%; Automobile sales revenue was CNY 23.248 billion (USD 4.36 billion), up 0.23% y/y. Net loss in the fourth quarter was 9.23 billion yuan ($6 million), up 3.4% year-on-year. The more the car is sold, the more the loss continues, because what?
According to the financial report data, Xpeng Motors' automobile profit margin (that is, the gross profit of automobile sales as a percentage of automobile sales revenue) in the fourth quarter of 2022 was 5.7%, which fell sharply both month-on-month and year-on-year. This figure was 2021.10% in the same period of 9, compared to 2022.11% in the third quarter of 6.
He Xiaopeng, CEO of Xpeng Motors, said in the 2022 earnings call, "Through the drastic optimization of the organizational structure, the company's strategy and organizational adjustment have achieved remarkable results in the first quarter (of 2023). ”
He Xiaopeng introduced that at present, all R&D, production and supply chain systems of Xpeng Motors directly report to He Xiaopeng. President Wang Fengying has been fully responsible for product planning and sales service system, greatly improved the ability and efficiency of sales service, and further strengthened brand marketing. In the next two years, we will further strengthen the network layout and improve the combat effectiveness of front-line sales personnel through the flat management of the sales network.
He Xiaopeng said that Xpeng Motors has basically completed the investment in the two production bases, capital expenditure will fall sharply, and in the next two years, it will also significantly reduce costs in the fields of intelligence, power, and vehicles in accordance with a clear implementation path.
According to He Xiaopeng, Xpeng's second blockbuster new model G6 this year will be unveiled at the Shanghai Auto Show and officially released and launched in the middle of the year. The G6 will be a new energy SUV in the price range of 20,30-<>,<>.
In addition, He Xiaopeng also said that Xpeng Motors will launch a pure electric MPV in the fourth quarter to meet the needs of customers who pursue greater space and comfort, and bring better gross profit per vehicle. With the upgrading and iteration of the product portfolio and the significant improvement of the marketing system capabilities, he expects that the monthly sales volume in the second half of this year will be several times higher than the level at the beginning of the year.
He Xiaopeng said that in 2023, Xpeng's pure electric platform, electronic and electrical architecture, power system, and intelligent assisted driving will be fully platformized and enter the stage of systematic car building, providing users with a faster speed and lower cost and better quality products. (End)