By Jiahui Huang

XPeng is scheduled to report results for the third quarter on Tuesday. Here is what you need to know:

NET LOSS: The Chinese electric-vehicle maker is expected to post a third-quarter net loss of 1.60 billion yuan, equivalent to $221.1 million, according to the consensus estimate of analysts by Visible Alpha. That would be significantly narrower than the 3.89 billion yuan net loss a year earlier.

REVENUE: Quarterly revenue likely rose 18% to 10.04 billion yuan, according to Visible Alpha.

XPeng's Hong Kong-listed shares surged 79% in the third quarter, driven largely by the robust performance of newly launched models P7+ and Mona M03. Chief Executive Xiaopeng He increased his stake in the company in late August, which boosted its stock prices. The EV maker's H-shares remain around 10% lower so far this year.

WHAT TO WATCH:

--SALES GUIDANCE: The sales outlook for the newly launched P7+ sedan and the fully electric Mona M03 sedan will be a focus for investors.

--NET LOSS: XPeng has yet to turn a profit. But given solid sales in recent months, investors will be curious to see how much its bottom line improved, CCB International analyst Qu Ke said.

--MARGINS: The company reported double-digit gross margins for the first and second quarters. As one of the most competitive Chinese automakers, investors will want to see its gross margin for the latest quarter to examine its cost control and whether it is moving closer to profitability.

Write to Jiahui Huang at jiahui.huang@wsj.com

(END) Dow Jones Newswires

November 18, 2024 21:36 ET (02:36 GMT)

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