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During the announcement of second-quarter results, Weilai suddenly cancelled its earnings conference call. On that day, Weilai's shares fell sharply, hitting a record low of $1.97. U.S. stocks closed at 5 a.m. on Sept. 26, and Weilai shares closed at $2.05. On September 25, Xilai announced that it would hold a second-quarter earnings conference at 20:00 Beijing time. Weilai management responded to external news and problems, including losses, layoffs, future development plans, and so on. Weilai second quarter financial report shows that the revenue is 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan; the second quarter belongs to shareholders.
Since the establishment of Ulai, sales have gradually increased, reaching a record high in 2019. However, according to the data that Xilai submitted its annual report to the US SEC a few days ago, the company's revenue loss expanded again, which means that the pace of loss has not been stopped.
After the announcement of the second-quarter results, the share price of Lulai Motor fell sharply to close at $2.17 today. Affected by a loss of 3.285 billion in the second quarter, the market slumped today and hit a record low of $1.97. for unknown reasons, Xilai announced the cancellation of the scheduled earnings call, saying that more news would be released in the form of announcements, which was very rare after the financial reports of listed companies were released, which was generally questioned by the market reaction. This morning, Xilai Motor again decided to announce that it would hold a conference call on second-quarter results at 20:00 Beijing time. At the time of this release, the conference call was being held, followed by some transcripts. The second quarter results show.
After all kinds of negative news this year, Lulai finally achieved its "final madness" at the end of the year, with sales growth, new car launches and narrowing performance losses all contributing to a surge in its share price.
The three major domestic car brands Xiaopeng Automobile, ideal Automobile and Ulay Motor announced their third-quarter financial data, which is also the first financial report since Xiaopeng Automobile and ideal Automobile went public. On November 17, Xilai released its third-quarter financial report, showing that the total operating income during the reporting period was 4.526 billion yuan, an increase of 146.4% over the same period last year. The net loss of shareholders belonging to listed companies was 1.188 billion yuan, down 53.5% from the same period last year. The gross profit margin in the third quarter was 12.9%, compared with-12.1% in the same period last year. At present, three models of ES8, ES6 and EC6 have been launched, and the overall sales volume continues to rise. Third.
After a huge loss, the company continued to expand, and officials announced the opening of nine more stores during the National Day holiday, including one NIO House and eight NIO Space. NIO Space has a smaller scale and less investment than NIO House, and its main function is to sell cars. NIO House has a huge investment and is laid out in the core business district of first-tier cities, while NIO Space is mainly concentrated in small and medium-sized cities, expanding the sales channels of Weilai. It is understood that the area of NIO Space is smaller, most of the individual store area is 100-200m2, and the cost is lower.
Last night, Xilai released its 2022 results to the public. Due to the lower-than-expected results, Ulai US stocks fell 5.96% overnight, while Hong Kong stocks fell 11.95%. According to the financial report, a total of 122486 new cars were delivered in 2022, an increase of 34.0% over the same period last year.
On April 30, Xilai released its first-quarter results for 2021, showing operating income of 7.98 billion yuan during the reporting period, an increase of 481.8% over the same period last year. The net loss of common shareholders belonging to the parent company was 4.875 billion yuan, down 182.96% from the same period last year. In response to the net homing loss of 4.875 billion yuan in the first quarter, Weilai explained that Weilai bought back 3.305% of the 3.305% stake held by some strategic investors in China in the first quarter of 2021, and therefore confirmed an increase of 4.4 billion yuan (US $671.6 million) in the redeemable value of uncontrolled rights and interests. The financial report shows that.
Recently, Xilai Automobile released its fourth-quarter results, showing that the total revenue in 2018 was 3.4356 billion yuan, and the loss further expanded, with a net loss of 9.639 billion yuan. Weilai delivered ES8 113.48 million in 2018, meaning a loss of nearly 850000 yuan for every car delivered in the past year. In addition to huge losses, Weilai also halted plans to build a factory in Shanghai, and the share price also fell. Li Bin, chairman of Weilai, recently responded to the problem of loss: we cannot account for Weilai on the basis of how much money a car has lost. It is the investment period in the short term and in the early stage, and now there is only one car on sale.
A rumor triggered a sharp change in the share price of Weilai. On the evening of Sept. 25, it was rumored that Xilai was considering raising about $3 billion (21.9 billion yuan) because of widening losses and had contacted investors from the Middle East. Financing is likely to take place in the first half of next year and negotiations are still under way. Receive
According to media reports, Xilai Motor has announced that it will hold a conference call on second-quarter results at 20:00 Beijing time on Wednesday. Yesterday, after announcing the second-quarter results, Weilai cancelled the financial report meeting. Xilai Motor responded to the media, "the conference call is generally a supplement to the quarterly report, which we think fully covers the information that needs to be disclosed at present." If other important matters occur in the company, it will be disclosed again in the form of public announcement. " In the second quarter of 2019, revenue was 1.5086 billion yuan, down 7.5% from the previous month, while the net loss attributable to shareholders was 3.2858 billion yuan, compared with a loss of 6.11 billion in the same period last year.
After the news of a loss of 40 billion yuan over the past four years, the company officially announced its results for the second quarter of 2019. According to the report, the revenue of Lulai Motor in the second quarter was 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan. The net loss attributed to shareholders in the second quarter was 3.285 billion yuan, higher than the market expectation of 2.944 billion yuan, compared with a loss of 6.11 billion yuan in the same period last year. In the first half of 2019, Weilai made a cumulative loss of 5.9086 billion yuan, of which the net loss in the first quarter reached 2.6236 billion yuan. Weilai began to deliver its first production car, ES8, in mid-2018, when.
Without accident, Weilai lost a huge amount of money again! Before the US stock market opened on August 29th, Xilai officially released its results for the second quarter of 2023, and a bad financial report card was released to the public. According to the financial report, the revenue of Weilai in the second quarter was 8.772 billion yuan, down 14.8% from the same period last year and 17.8% from the previous month.
On March 2, Xilai released its financial results for the fourth quarter of 2020 and its annual financial results. According to the financial report, the revenue of Xilai Automobile in 2020 was 16.26 billion yuan, an increase of 107.8 percent over the same period last year, while the net profit loss was 5.204 billion yuan, down 53.04 percent from the same period last year. Of this total, revenue in the fourth quarter of 2020 was about 6.641 billion yuan, up 133.2 percent from the same period last year, while the net loss was about 1.389 billion yuan, down 51.5 percent from the same period last year. The narrowing of revenue and profits of Xilai has a lot to do with the sharp increase in delivery volume. According to the data, the cumulative delivery volume of Xilai Automobile in 2020 is 43 and 7.
Recently, the official response to the news that Weilai is making layoffs is that online remarks about massive layoffs at Weilai are pure fabrication, and its company is indeed doing local optimization, but the aim is to improve operational efficiency. There are no significant layoffs, which is what Weilai should do at this stage. Affected by media reports of layoffs, NIO's US stock fell as much as 7.78 per cent on Aug. 1 and fell 5.48 per cent to $3.28at the close. Behind the layoffs, the financial situation of Xilai Motor is not optimistic, its company has been for three consecutive quarters.
Recently, when participating in the CCTV "Dialogue" program, Li Bin, CEO of Xilai Automobile, refuted the rumors that recently circulated on the Internet about gambling between Weilai and Hefei, saying: it is true that the industrial guidance funds of Anhui and Hefei have invested in Lulai in 2020, which is very important to Yulai. But Weilai is also in 2.
Today, Weilai released its results for the second quarter of 2022. According to the financial report, the total revenue of Weilai in the second quarter was 10.29 billion yuan, an increase of 21.8 percent compared with the second quarter of 2021 and 3.9 percent compared with the first quarter of 2022. Car sales in the second quarter were 9.5708 billion yuan.
Wei Lai, something happened again! On March 3, a netizen named "did you pull the ice cream today" revealed on social media that in his first month, a male colleague of the company sneaked into his room late at night and tried to rape him. After a two-hour battle of wits, the other side finally failed, and
After listing, Weilai announced its first financial report, with a total income of 4.9 billion yuan and a net loss of 9.6 billion yuan in 2018. An unqualified financial report affected the operation and evaluation of Weilai. On May 28, Weilai officially released its first-quarter results. According to the financial report, the revenue of Lailai in the first quarter was 1.6312 billion yuan, down 52.5% from the previous quarter; the net loss reached 2.6236 billion yuan, down 25.1% from the previous month, and an increase of 71.4% over the same period last year. A total of 3989 new cars were delivered in the first quarter, with realized sales of 1.5352 billion yuan, down 54.6 percent from the previous quarter. Also today, Weilai announced that ES6 is coming in Jianghuai.
On June 9, Weilai announced its financial results for the first quarter of 2023, showing that during the reporting period, Weilai realized operating income of 10.68 billion yuan, an increase of 7.7% over the same period last year, of which vehicle sales revenue was 9.22 billion yuan, down 0.2% from the same period last year; a net loss of 4.74 billion yuan, an increase of 165.9%; in addition,
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
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The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
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Another independent brand was born. Hanlong's first model is "domestic range Rover"?
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