XPeng Inc. ($XPEV) Earnings (Q4 FY21)

 XPeng Inc. ($XPEV) Earnings and Opinion:


XPeng Inc. is a company in the Consumer Cyclical sector and operates in the Auto Manufacturers industry. They are known as one of the electrical vehicle makers in China. The company was founded in 2015 and is currently headquartered in Guangzhou, China. The company made its debut on the stock market in 2020.

XPeng EPS and Revenue (Q4 FY21):

  • EPS of -$0.24 beating expectations of -$0.34
  • Revenue of $1.34B beating expectations of $1.3B
  • Revenue was up 200% (YOY)
XPeng EPS and Revenue (FY21):
  • EPS was -$0.93 beating expectations of -$1.08
  • Revenue was $3.29B beating expectations of $3.25B
  • Revenue was up 259% (YOY)
XPeng Deliveries and Other Information:
  • Delivered 98,155 vehicles in 2021, up 263% from 2020.
  • Vehicle margin was 11.5% compared to 3.5% last year
  • Gross margin was 12.5% compared to 4.6% last year
Opinion:
XPeng, Inc. is an auto manufacturer on the rise. They have become a name of interest in the hot industry of EV makers. With Tesla becoming the leader in EV sales, companies are now starting to file in behind them to make a name for themselves. XPeng is a company that seems to be a little bit ahead of the ballgame and is expanding at a rapid rate. Taking a look at the total deliveries and revenues growing by over 200% in the past fiscal year, you know they are starting to develop a solid product. They seem to have a pretty solid foundation on their P7 model and have just started introducing their P5 model. I personally have never seen any of these cars around (partly because they are in China), so I really can't give a fair valuation of the quality of these products. However, I do like the financial side of the company in this report. With them beating expectations in both EPS and Revenue for the quarter and fiscal year, it could be a hot stock to watch. I want to see them get to a point where they are making a profit. It seems to be more attainable, especially with the kind of delivery numbers they are putting up. I am a little weary of the Chinese market, so that is why I will stay away from this stock right now. That doesn't take away that it will remain on my watchlist, if they can continue to put up sustainable results and eventually expand overseas, then this could very well be one of the biggest competitors of Tesla in a couple of years.

Comments

Popular posts from this blog

Weekly Earnings Review: September 25, 2023- September 29, 2023

Weekly Earnings Review: October 16, 2023- October 20, 2023

Weekly Earnings Review: November 27, 2023- December 1, 2023