Shulou(Shulou.com)12/24 Report--

CTOnews.com December 5 news, Xilai Motor now announced the third quarter of 2023 results. The revenue of Weilai Q3 is 19.0666 billion yuan, compared with 13 billion yuan in the same period last year, and the market is expected to be 19.373 billion yuan.

Car sales in the third quarter of 2023 were 55432, including 37585 high-end smart electric SUV and 17847 high-end smart electric cars, an increase of 75.4% over the third quarter of 2022 and 135.7% over the second quarter of 2023.

Xilai delivered 16074 cars in October and 15959 in November. As of November 30, 2023, the cumulative delivery volume of Lulai has reached 431582.

Main operating performance

Quarterly 23Q323Q223Q122Q4 delivery 551.43223 52031j04140052 after the release of the earnings report, Ulai American stocks fell nearly 4% before trading, but by the time CTOnews.com was published, it had withdrawn to-0.27%.

Bright spot in the third quarter of 2023. Vehicle sales revenue was 17.4089 billion yuan, an increase of 45.9% over the third quarter of 2022 and 142.3% over the second quarter of 2023.

two。 Vehicle profit margins were 11.0%, compared with 16.4% in the third quarter of 2022 and 6.2% in the second quarter of 2023.

3. Total revenue in the third quarter reached 19.0666 billion yuan, an increase of 46.6% over the third quarter of 2022 and 117.4% over the second quarter of 2023.

4. Gross profit was 1.5233 billion yuan, down 12.2% from the third quarter of 2022 and up 1650.9% from the second quarter of 2023.

5. The gross margin was 8.0%, compared with 13.3% in the third quarter of 2022 and 1.0% in the second quarter of 2023.

6. The operating loss was 4.8439 billion yuan, up 25.2% from the third quarter of 2022 and down 20.3% from the second quarter of 2023. Excluding equity incentive fees, the operating loss was 4.2404 billion yuan, up 30.1% from the third quarter of last year and down 22.4% from the second quarter of this year.

7. The net loss was 4.5567 billion yuan, up 10.8% from the third quarter of 2022 and down 24.8% from the second quarter of 2023. Excluding equity incentive fees, the adjusted net loss (non-GAAP) in the third quarter of 2023 was 3.9532 billion yuan, up 13.0% from the third quarter of 2022 and down 27.4% from the second quarter of 2023.

As of September 30, cash and cash equivalents, restricted cash, short-term investments and long-term deposits totaled 45.2 billion yuan.

In addition, Weilai also announced that it had spent 3.16 billion yuan to acquire part of the manufacturing equipment and assets of Anhui Jianghuai Automobile Group Co., Ltd. ("Jianghuai Automobile"), which is consistent with the previous Jianghuai Automobile announcement.

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.