Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen kayd for the clue delivery! CTOnews.com September 7 news, today, Wei Lai released the second quarter of 2022 performance report ended June 30,2022. According to the report, Weilai realized revenue of 10.29 billion yuan in the second quarter of 2022, compared with 8.448 billion yuan in the same period last year, with a year-on-year growth of 21.8%; R & D expenditure of 2.15 billion yuan, a single-quarter high; net loss of 2.745 billion yuan in the second quarter and 659 million yuan in the same period last year.

In terms of delivery volume, in the second quarter of 2022, NIO delivered 25,059 vehicles, including 3,681 ES8, 9,914 ES 6, 4,715 EC6 and 6,749 ET7, an increase of 14.4% from the second quarter of 2021 and a decrease of 2.8% from the first quarter of 2022.

CTOnews.com understands that Weilai Auto said it expects 31,000 to 33,000 vehicle deliveries in the third quarter of 2022 and expects revenue of 12.85 billion yuan to 13.6 billion yuan in the third quarter.

The summary of NIO's second quarter 2022 results report is as follows:

Vehicle sales for the second quarter of 2022 were RMB9,570.8 million (US$1,428.9 million), up 21.0% from the second quarter of 2021 and 3.5% from the first quarter of 2022.

Gross vehicle margin for Q2 2022 was 16.7%, compared to 20.3% in Q2 2021 and 18.1% in Q1 2022.

Total revenue for the second quarter of 2022 was RMB10,292.4 million (US$1,536.6 million), up 21.8% from the second quarter of 2021 and 3.9% from the first quarter of 2022.

Gross profit for the second quarter of 2022 was RMB1,340.3 million (US$200.1 million), down 14.8% from the second quarter of 2021 and 7.4% from the first quarter of 2022. Gross profit margin for the second quarter of 2022 was 13.0%, compared with 18.6% in the second quarter of 2021 and 14.6% in the first quarter of 2022.

Operating loss for the second quarter of 2022 was RMB2,845.6 million (US$424.8 million), up 272.8% from the second quarter of 2021 and 30.0% from the first quarter of 2022. Adjusted operating loss (non-GAAP), excluding equity incentive expenses, was RMB2,355.1 million (US$351.6 million) for the second quarter of 2022, an increase of 360.1% from the second quarter of 2021 and an increase of 37.3% from the first quarter of 2022.

Net loss for the second quarter of 2022 was RMB2,757.5 million (US$411.7 million), up 369.6% from the second quarter of 2021 and 54.7% from the first quarter of 2022. Adjusted net loss (non-GAAP) excluding equity incentive expenses was RMB2,267.0 million (US$338.5 million) for the second quarter of 2022, an increase of 575.1% from the second quarter of 2021 and an increase of 73.1% from the first quarter of 2022.

Net loss attributable to ordinary shareholders of Weilai in the second quarter of 2022 was RMB2.7450 billion (US$409.8 million), up 316.4% from the second quarter of 2021 and 50.4% from the first quarter of 2022.

Excluding equity incentive expenses and appreciation in redemption value of redeemable non-controlling interests, adjusted net loss (non-GAAP) attributable to ordinary shareholders of Weilai for the second quarter of 2022 was RMB2,185.6 million (US$326.3 million), an increase of 551.1% from the second quarter of 2021 and 70.1% from the first quarter of 2022.

Basic and diluted net loss per ordinary share/ADS for the second quarter of 2022 were both RMB1.68 (US$0.25), compared to RMB0.42 for the second quarter of 2021 and RMB1.12 for the first quarter of 2022. Adjusted basic and diluted net loss (non-GAAP) per ADS, excluding equity incentive expenses and appreciation in redemption value of redeemable non-controlling interests, was RMB1.34 (US$0.20), compared to RMB0.21 in the second quarter of 2021 and RMB0.79 in the first quarter of 2022.

Cash and cash equivalents, restricted cash and short-term investments amounted to RMB54.4 billion (US$8.1 billion) as at 30 June 2022.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.