XPeng Motors announced Tuesday that it will release its second-quarter financial results on Aug. 26 before the US stock market opens (late Aug. 26, Beijing time).
Previously announced figures showed that XPeng delivered 17,398 vehicles in the second quarter, up 439 percent from the same period last year and up 30 percent from the first quarter.
(Graphic by CnEVPost)
Following the earnings release, XPeng's management team will hold earnings call on August 26 at 8:00 a.m. US Eastern Time (8:00 p.m. Beijing Time).
Dial-in details for the earnings conference call are as follows:
United States: +1-833-350-1333
United Kingdom: +44-203-547-8612
Hong Kong, China: +852-3012-6671
Chinese Mainland: 400-820-9391
Conference ID: 7286782
Participants should dial-in at least 5 minutes before the scheduled start time to be connected to the call.
Additionally, a live and archived webcast of the conference call will be available on XPeng's investor relations website at http://ir.xiaopeng.com.
A replay of the conference call will be accessible approximately two hours after the conclusion of the call until September 2, 2021, by dialing the following telephone numbers:
United States: +1-800-585-8367
Replay Access Code: 7286782
In May, XPeng reported first-quarter revenue of RMB 2.95 billion (US$450.4 million), topping Wall Street estimates of RMB 2.886 billion and a record high.
That was up 616 percent from RMB 412 million a year ago and up 3.5 percent from RMB 2.85 billion in the fourth quarter of last year.
XPeng's vehicle sales revenue for the first quarter was RMB 2.81 billion, up 655 percent from RMB 372 million in the same quarter last year and up 2.7 percent from RMB 2.74 billion in the fourth quarter last year.
The company's gross margin for the first quarter was 11.2%, a record high. This compares with -4.8% in the same quarter last year and 7.4% in the fourth quarter last year.
Its automotive gross margin was 10.1% in the first quarter, compared with -5.3% in the same quarter last year and 6.8% in the fourth quarter last year.