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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 10.1B | 24.5% |
| Gross Profit | 1.54B | 35.7% |
| Cost of Revenue | 8.56B | 22.7% |
| Operating expense | 3.39B | 23.5% |
| Net Income | -1.81B | 40.7% |
| EBITDA | -1.69B | 33.9% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 76.4B | 1.9% |
| Total Liabilities | 44.4B | 8.3% |
| Total Equity | 32B | 5.8% |
| Shares Outstanding | 1.12B | 18.2% |
Cash Flow (NONE)
| Q3 '24 | QoQ |
|---|
Financial Highlights for Xpeng in Q3 '24
Xpeng reported a revenue of 10.1B, which is a 24.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.54B, marking a 35.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 8.56B, a 22.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 3.39B, showing a 23.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -1.81B, showing a -40.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -1.69B, showing a -33.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Xpeng faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
