In fiscal year 2022, XPeng’s overall gross profit margin was 11.5%, and the automobile business gross profit margin (that is, the gross margin of car sales as a percentage of car sales revenue) was 9.4%.
As of December 31, 2022, XPeng Motor cash and cash equivalents, restricted cash, short-term investments and term deposits are RMB 38.25 billion (US $5.55 billion).
Among them, in the fourth quarter of 2022, XPeng’s total revenue was 5.14 billion yuan ($750 million), of which car sales revenue was 4.66 billion yuan ($680 million), and the overall gross profit margin was 8.7%. The gross profit margin of the automobile business (that is, the gross profit margin of automobile sales as a percentage of auto sales revenue) is 5.7%.
In 2022, the net loss of XPeng Motor for the whole year was 9.14 billion yuan, of which the net loss in the fourth quarter was 2.36 billion yuan, which was 2.38 billion yuan higher than that in the third quarter of 2022.
In terms of sales volume and sales network, Xiaopeng delivered 120757 vehicles in 2022, an increase of 23.0% from 98155 in 2021.
As of December 31, 2022, XPeng car sales network continued to expand, a total of 420 stores, covering 143 cities.
For the first quarter of 2023, XPeng expects car delivery will range from 18000 to 19000 and total revenue will range from 4 billion to 4.2 billion yuan.
