FMP
May 21, 2024 1:36 PM - Davit Kirakosyan
Chinese electric vehicle company XPeng (NYSE:XPEV) reported better-than-expected earnings and revenue for the first quarter of 2024, resulting in more than 6% rise in its shares pre-market today.
XPeng's Q1 earnings per share (EPS) were (RMB0.75), significantly beating the Street estimate of (RMB2.06). The company also exceeded revenue expectations, reporting RMB6.55 billion compared to the Street estimate of RMB6.19 billion.
This revenue marked a substantial 62.3% increase from the same period last year, despite a 49.8% decrease from the previous quarter. The company delivered 21,821 vehicles in the first quarter, a healthy 19.7% year-over-year increase. Gross margin improved significantly to 12.9%, up from 1.7% in the same quarter last year, reflecting stronger profitability.
However, XPeng's guidance for the second quarter of 2024 projects revenue between RMB7.5 billion and RMB8.3 billion, below the Street estimate of RMB9.24 billion.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...