【招银国际】Strong sales in Q3, with a narrowed net loss.pdf

Xpeng Inc. (XPEV US) 4Q22E net loss to narrow; sales as key to FY23

4Q22E loss to narrow; FY23 sales to outperform

4Q22E net loss to narrow; sales as key to FY23

State-by-State Hotel Revenue, Tax and Job Loss

A Xylem AMI metrology solution helps to reduce water loss by 80,000m³ per annum

–Loss reduction on track

–Homegrown brands likely to narrow loss in 2H23

Net loss in 4Q24 further narrowed; target to achieve 97% revenue growth in 2025E

Striving for large-scale loss reduction in 2025

2Q loss reduction trend better than expectation