Earnings

CATL posts $1.45 billion net profit in Q1, 19% lower than Q4

CATL reported revenue of RMB 79.77 billion in the first quarter, a new low since the second quarter of 2022. ...

BYD net profit slips in Q4 despite revenue hits record high

A heated price war in China's NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits. ...

Xpeng Q4 2023 earnings: Deutsche Bank's 1st look

Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank. ...

Xpeng posts record revenue in Q4, gross margin turns positive

Xpeng guided for first-quarter deliveries between 21,000 and 22,500 units, meaning it expects to deliver 8,205-9,705 units in March. ...

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. ...

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. ...

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. ...

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. ...

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. ...

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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