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1、XPENG Reports Third Quarter 2024 Unaudited Financial ResultsNovember 19,2024Quarterly total revenues were RMB10.10 billion,a 24.5%increase quarter-over-quarterQuarterly gross margin was 15.3%,reaching a historical high,an increase of 18.0 percentage points over the same periodof 2023GUANGZHOU,China,

2、Nov.19,2024(GLOBE NEWSWIRE)-XPeng Inc.(“XPENG”or the“Company,”NYSE:XPEV and HKEX:9868),a leadingChinese smart electric vehicle(“Smart EV”)company,today announced its unaudited financial results for the three months ended September 30,2024.Operational and Financial Highlights for the Three Months End

3、ed September 30,2024 2024Q32024Q22024Q12023Q42023Q32023Q2 Total deliveries46,53330,20721,82160,15840,00823,205 Total deliveries of vehicles were 46,533 for the third quarter of 2024,representing an increase of 16.3%from 40,008 inthe corresponding period of 2023.XPENGs physical sales network had a to

4、tal of 639 stores,covering 206 cities as of September 30,2024.XPENG self-operated charging station network reached 1,557 stations,including 654 XPENG S4 ultra-fast chargingstations as of September 30,2024.Total revenues were RMB10.10 billion(US$1.44 billion)for the third quarter of 2024,representing

5、 an increase of 18.4%from the same period of 2023,and an increase of 24.5%from the second quarter of 2024.Revenues from vehicle sales were RMB8.80 billion(US$1.25 billion)for the third quarter of 2024,representing anincrease of 12.1%from the same period of 2023,and an increase of 29.0%from the secon

6、d quarter of 2024.Gross margin was 15.3%for the third quarter of 2024,compared with negative 2.7%for the same period of 2023 and14.0%for the second quarter of 2024.Vehicle margin,which is gross profit or loss of vehicle sales as a percentage of vehicle sales revenue,was 8.6%for thethird quarter of 2

7、024,compared with negative 6.1%for the same period of 2023 and 6.4%for the second quarter of 2024.Net loss was RMB1.81 billion(US$0.26 billion)for the third quarter of 2024,compared with RMB3.89 billion for the sameperiod of 2023 and RMB1.28 billion for the second quarter of 2024.Excluding share-bas

8、ed compensation expenses,fairvalue loss on derivative liability and fair value gain(loss)on derivative liability relating to the contingent consideration,non-GAAP net loss was RMB1.53 billion(US$0.22 billion)for the third quarter of 2024,compared with RMB2.79 billion forthe same period of 2023 and R

9、MB1.22 billion for the second quarter of 2024.Net loss attributable to ordinary shareholders of XPENG was RMB1.81 billion(US$0.26 billion)for the third quarter of2024,compared with RMB3.89 billion for the same period of 2023 and RMB1.28 billion for the second quarter of 2024.Excluding share-based co

10、mpensation expenses,fair value loss on derivative liability and fair value gain(loss)on derivativeliability relating to the contingent consideration,non-GAAP net loss attributable to ordinary shareholders of XPENGwas RMB1.53 billion(US$0.22 billion)for the third quarter of 2024,compared with RMB2.79

11、 billion for the same period of2023 and RMB1.22 billion for the second quarter of 2024.Basic and diluted net loss per American depositary share(ADS)were both RMB1.91(US$0.27)and basic anddiluted net loss per ordinary share were both RMB0.95(US$0.14)for the third quarter of 2024.Each ADS representstw

12、o Class A ordinary shares.Non-GAAP basic and diluted net loss per ADS were both RMB1.62(US$0.23)and non-GAAP basic and diluted netloss per ordinary share were both RMB0.81(US$0.12)for the third quarter of 2024.Cash and cash equivalents,restricted cash,short-term investments and time deposits were RM

13、B35.75 billion(US$5.09 billion)as of September 30,2024,compared with RMB37.33 billion as of June 30,2024.Time deposits includerestricted short-term deposits,short-term deposits,restricted long-term deposits,current portion and non-current portion oflong-term deposits.Key Financial Results(in RMB bil

14、lions,except for percentage)For the Three Months Ended%Changei September 30,June 30,September 30,202420242023YoYQoQ Vehicle sales8.806.827.8412.1%29.0%Vehicle margin8.6%6.4%-6.1%14.7pts2.2ptsTotal revenues10.108.118.5318.4%24.5%Gross profit(loss)1.541.14(0.23)776.2%35.7%Gross margin15.3%14.0%-2.7%18

15、.0pts1.3ptsNet loss1.811.283.89-53.5%40.7%Non-GAAP net loss1.531.222.79-45.1%25.5%Net loss attributable to ordinary shareholders1.811.283.89-53.5%40.7%Non-GAAP net loss attributable to ordinaryshareholders1.531.222.79-45.1%25.5%Comprehensive loss attributable to ordinaryshareholders2.091.204.01-47.8

16、%74.6%i Except for vehicle margin and gross margin,where absolute changes instead of percentage changes are presented Management Commentary“Our core competences and execution capabilities have been significantly transformed.The successful launch of M03 and P7+marks the beginning ofa strong growth cy

17、cle underpinned by our major product cycles,”said Mr.Xiaopeng He,Chairman and CEO of XPENG.“I believe the next decade willbe the era of AI.I am confident that I can lead XPENG to become a global AI auto company and accelerate the mass adoption of AI in mobility.”“Through technology-driven cost reduc

18、tions and significant quarter-over-quarter volume growth,our gross margin reached historical high at 15.3%,achieving the fifth consecutive quarterly margin improvement,”added Dr.Hongdi Brian Gu,Vice Chairman and Co-President of XPENG.“Our majorproduct cycle will not only boost sales volume growth bu

19、t also contribute to healthy gross profit and cash flow.This robust financial foundation willempower us to continue to invest in R&D of AI technology and provide our customers with superior products and services.”Recent DevelopmentsDeliveries in October 2024Total deliveries were 23,917 vehicles in O

20、ctober 2024.As of October 31,2024,year-to-date total deliveries were 122,478 vehicles.2024 XPENG AI DayOn November 6,2024,XPENG hosted its 2024 AI Day event in Guangzhou.The Company unveiled its cutting-edge technologies and innovations,including XPENG Kunpeng Super Electric System,Turing AI Intelli

21、gent Driving System and AI Robot.Launch of XPENG P7+On November 7,2024,XPENG officially launched the P7+,an AI-defined smart electric fastback sedan,and commenced mass delivery in the samemonth.The P7+comes standard with end-to-end AI-driven advanced driver assistance system(ADAS)technology,offering

22、 industry-leading urbanADAS capabilities that do not rely on high-definition(HD)maps or LiDARs.ESG PerformanceXPENG has been awarded the highest“AAA”ESG rating by Morgan Stanley Capital International(“MSCI”)for the second consecutive year,beingrecognized for its outstanding performance in clean tech

23、nology,product carbon footprint,and corporate governance.XPENG is also the only company in Chinas automotive manufacturing industry to have been named the“Industry Mover”by S&P Global for twoconsecutive years.Unaudited Financial Results for the Three Months Ended September 30,2024Total revenues were

24、 RMB10.10 billion(US$1.44 billion)for the third quarter of 2024,representing an increase of 18.4%from RMB8.53 billion for thesame period of 2023 and an increase of 24.5%from RMB8.11 billion for the second quarter of 2024.Revenues from vehicle sales were RMB8.80 billion(US$1.25 billion)for the third

25、quarter of 2024,representing an increase of 12.1%from RMB7.84billion for the same period of 2023,and an increase of 29.0%from RMB6.82 billion for the second quarter of 2024.The year-over-year and quarter-over-quarter increases were mainly attributable to higher deliveries.Revenues from services and

26、others were RMB1.31 billion(US$0.19 billion)for the third quarter of 2024,representing an increase of 90.7%fromRMB0.69 billion for the same period of 2023 and an increase of 1.1%from RMB1.29 billion for the second quarter of 2024.The year-over-yearincrease was mainly attributable to the increased re

27、venue from technical research and development services(“R&D services”)related to the platformand software strategic technical collaboration,as well as electrical/electronic architecture(“EEA”)technical collaboration with the Volkswagen Group.The quarter-over-quarter increase was mainly attributable

28、to the revenue from technical R&D services related to EEA technical collaboration with theVolkswagen Group,partially offset by the decrease in parts and accessories sales.Cost of sales was RMB8.56 billion(US$1.22 billion)for the third quarter of 2024,representing a decrease of 2.3%from RMB8.76 billi

29、on for the sameperiod of 2023 and an increase of 22.7%from RMB6.98 billion for the second quarter of 2024.The year-over-year decrease was primarily attributableto the cost reduction and the improvement in product mix of models.The quarter-over-quarter increase was mainly in line with vehicle deliver

30、ies asdescribed above,partially offset by the lower average cost of sales due to cost reduction.Gross margin was 15.3%for the third quarter of 2024,compared with negative 2.7%for the same period of 2023 and 14.0%for the second quarter of2024.Vehicle margin was 8.6%for the third quarter of 2024,compa

31、red with negative 6.1%for the same period of 2023 and 6.4%for the second quarter of2024.The year-over-year increase was primarily attributable to the cost reduction and the improvement in product mix of models.The quarter-over-quarter increase was primarily attributable to the cost reduction.Service

32、s and others margin was 60.1%for the third quarter of 2024,compared with 36.1%for the same period of 2023 and 54.3%for the secondquarter of 2024.The year-over-year and quarter-over-quarter increases were primarily attributable to the higher gross margin from the aforementionedrevenue from technical

33、R&D services.Research and development expenses were RMB1.63 billion(US$0.23 billion)for the third quarter of 2024,representing an increase of 25.1%fromRMB1.31 billion for the same period of 2023 and an increase of 11.3%from RMB1.47 billion for the second quarter of 2024.The year-over-year andquarter

34、-over-quarter increases were mainly due to higher expenses related to the development of new vehicle models as the Company expanded itsproduct portfolio to support future growth.Selling,general and administrative expenses were RMB1.63 billion(US$0.23 billion)for the third quarter of 2024,representin

35、g a decrease of 3.5%from RMB1.69 billion for the same period of 2023 and an increase of 3.8%from RMB1.57 billion for the second quarter of 2024.The year-over-yeardecrease was primarily due to lower employee compensation.The quarter-over-quarter increase was mainly due to higher commission paid to th

36、efranchised stores.Other income,net was RMB0.04 billion(US$0.01 billion)for the third quarter of 2024,representing a decrease of 38.8%from RMB0.07 billion for thesame period of 2023 and a decrease of 85.7%from RMB0.28 billion for the second quarter of 2024.The year-over-year and quarter-over-quarter

37、decreases were primarily due to the decrease in government subsidies.Fair value gain(loss)on derivative liability relating to the contingent consideration was loss of RMB0.16 billion(US$0.02 billion)for the thirdquarter of 2024,compared with gain of RMB0.02 billion for the second quarter of 2024.Thi

38、s non-cash gain(loss)resulted from the fair value change ofthe contingent consideration related to the acquisition of DiDis smart auto business.Loss from operations was RMB1.85 billion(US$0.26 billion)for the third quarter of 2024,compared with RMB3.16 billion for the same period of 2023and RMB1.61

39、billion for the second quarter of 2024.Non-GAAP loss from operations,which excludes share-based compensation expenses,fair value loss on derivative liability and fair value gain(loss)on derivative liability relating to the contingent consideration,was RMB1.57 billion(US$0.22 billion)for the third qu

40、arter of 2024,compared withRMB3.04 billion for the same period of 2023 and RMB1.54 billion for the second quarter of 2024.Net loss was RMB1.81 billion(US$0.26 billion)for the third quarter of 2024,compared with RMB3.89 billion for the same period of 2023 and RMB1.28billion for the second quarter of

41、2024.Non-GAAP net loss,which excludes share-based compensation expenses,fair value loss on derivative liability and fair value gain(loss)on derivativeliability relating to the contingent consideration,was RMB1.53 billion(US$0.22 billion)for the third quarter of 2024,compared with RMB2.79 billion for

42、the same period of 2023 and RMB1.22 billion for the second quarter of 2024.Net loss attributable to ordinary shareholders of XPENG was RMB1.81 billion(US$0.26 billion)for the third quarter of 2024,compared withRMB3.89 billion for the same period of 2023 and RMB1.28 billion for the second quarter of

43、2024.Non-GAAP net loss attributable to ordinary shareholders of XPENG,which excludes share-based compensation expenses,fair value loss onderivative liability and fair value gain(loss)on derivative liability relating to the contingent consideration,was RMB1.53 billion(US$0.22 billion)for thethird qua

44、rter of 2024,compared with RMB2.79 billion for the same period of 2023 and RMB1.22 billion for the second quarter of 2024.Basic and diluted net loss per ADS were both RMB1.91(US$0.27)for the third quarter of 2024,compared with RMB4.49 for the third quarter of2023 and RMB1.36 for the second quarter o

45、f 2024.Non-GAAP basic and diluted net loss per ADS were both RMB1.62(US$0.23)for the third quarter of 2024,compared with RMB3.23 for the thirdquarter of 2023 and RMB1.29 for the second quarter of 2024.Balance SheetsAs of September 30,2024,the Company had cash and cash equivalents,restricted cash,sho

46、rt-term investments and time deposits of RMB35.75billion(US$5.09 billion),compared with RMB36.48 billion as of September 30,2023 and RMB37.33 billion as of June 30,2024.Business OutlookFor the fourth quarter of 2024,the Company expects:Deliveries of vehicles to be between 87,000 and 91,000,represent

47、ing a year-over-year increase of approximately 44.6%to 51.3%.Total revenues to be between RMB15.3 billion and RMB16.2 billion,representing a year-over-year increase ofapproximately 17.2%to 24.1%.The above outlook is based on the current market conditions and reflects the Companys preliminary estimat

48、es of market and operating conditions,and customer demand,which are all subject to change.Conference CallThe Companys management will host an earnings conference call at 8:00 AM U.S.Eastern Time on November 19,2024(9:00 PM Beijing/Hong KongTime on November 19,2024).For participants who wish to join

49、the call by phone,please access the link provided below to complete the pre-registration process and dial in 5minutes prior to the scheduled call start time.Upon registration,each participant will receive dial-in details to join the conference call.Event Title:XPENG Third Quarter 2024 Earnings Confe

50、rence CallPre-registration link:https:/s1.c- live and archived webcast of the conference call will be available on the Companys investor relations website at http:/.A replay of the conference call will be accessible approximately an hour after the conclusion of the call until November 26,2024,by dia

51、ling thefollowing telephone numbers:United States:+1-855-883-1031International:+61-7-3107-6325Hong Kong,China:800-930-639Mainland China:400-120-9216Replay Access Code:10042900 About XPENGXPENG is a leading Chinese Smart EV company that designs,develops,manufactures,and markets Smart EVs that appeal

52、to the large and growingbase of technology-savvy middle-class consumers.Its mission is to drive Smart EV transformation with technology,shaping the mobility experience ofthe future.In order to optimize its customers mobility experience,XPENG develops in-house its full-stack advanced driver-assistanc

53、e systemtechnology and in-car intelligent operating system,as well as core vehicle systems including powertrain and the electrical/electronic architecture.XPENG is headquartered in Guangzhou,China,with main offices in Beijing,Shanghai,Silicon Valley,San Diego and Amsterdam.The CompanysSmart EVs are

54、mainly manufactured at its plants in Zhaoqing and Guangzhou,Guangdong province.For more information,please visithttps:/ of Non-GAAP Financial MeasuresThe Company uses non-GAAP measures,such as non-GAAP loss from operations,non-GAAP net loss,non-GAAP net loss attributable to ordinaryshareholders,non-

55、GAAP basic loss per weighted average number of ordinary shares and non-GAAP basic loss per ADS,in evaluating its operatingresults and for financial and operational decision-making purposes.By excluding the impact of share-based compensation expenses,fair value gain(loss)on derivative liability and f

56、air value gain on derivative liability relating to the contingent consideration,the Company believes that the non-GAAPfinancial measures help identify underlying trends in its business and enhance the overall understanding of the Companys past performance andfuture prospects.The Company also believe

57、s that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by theCompanys management in its financial and operational decision-making.The non-GAAP financial measures are not presented in accordance withU.S.GAAP and may be different from non-GAAP methods of a

58、ccounting and reporting used by other companies.The non-GAAP financial measureshave limitations as analytical tools and when assessing the Companys operating performance,investors should not consider them in isolation,or as asubstitute for net loss or other consolidated statements of comprehensive l

59、oss data prepared in accordance with U.S.GAAP.The Companyencourages investors and others to review its financial information in its entirety and not rely on a single financial measure.The Company mitigatesthese limitations by reconciling the non-GAAP financial measures to the most comparable U.S.GAA

60、P performance measures,all of which should beconsidered when evaluating the Companys performance.For more information on the non-GAAP financial measures,please see the table captioned“Unaudited Reconciliations of GAAP and non-GAAPResults”set forth in this announcement.Exchange Rate InformationThis a

61、nnouncement contains translations of certain RMB amounts into U.S.dollars at a specified rate solely for the convenience of the reader.Unlessotherwise noted,all translations from RMB to U.S.dollars and from U.S.dollars to RMB are made at a rate of RMB7.0176 to US$1.00,the exchangerate on September 3

62、0,2024,set forth in the H.10 statistical release of the Federal Reserve Board.The Company makes no representation that theRMB or U.S.dollars amounts referred could be converted into U.S.dollars or RMB,as the case may be,at any particular rate or at all.Safe Harbor StatementThis announcement contains

63、 forward-looking statements.These statements are made under the“safe harbor”provisions of the United States PrivateSecurities Litigation Reform Act of 1995.These forward-looking statements can be identified by terminology such as“will,”“expects,”“anticipates,”“future,”“intends,”“plans,”“believes,”“e

64、stimates”and similar statements.Statements that are not historical facts,including statements about XPENGsbeliefs and expectations,are forward-looking statements.Forward-looking statements involve inherent risks and uncertainties.A number of factorscould cause actual results to differ materially fro

65、m those contained in any forward-looking statement,including but not limited to the following:XPENGs goal and strategies;XPENGs expansion plans;XPENGs future business development,financial condition and results of operations;thetrends in,and size of,Chinas EV market;XPENGs expectations regarding dem

66、and for,and market acceptance of,its products and services;XPENGs expectations regarding its relationships with customers,suppliers,third-party service providers,strategic partners and other stakeholders;general economic and business conditions;and assumptions underlying or related to any of the for

67、egoing.Further information regarding these andother risks is included in XPENGs filings with the United States Securities and Exchange Commission.All information provided in this announcementis as of the date of this announcement,and XPENG does not undertake any obligation to update any forward-look

68、ing statement,except as requiredunder applicable law.For Investor EnquiriesIR DepartmentXPeng Inc.E-mail:Jenny CaiPiacente Financial CommunicationsTel:+1-212-481-2050 or+86-10-6508-0677E-mail:xpengtpg-For Media EnquiriesPR DepartmentXPeng Inc.E-mail:Source:XPeng Inc.XPENG INC.UNAUDITED CONDENSED CON

69、SOLIDATED BALANCE SHEETS(All amounts in thousands,except for ADS/ordinary share and per ADS/ordinary share data)December 31,2023 September 30,2024 September 30,2024 RMB RMB US$ASSETS Current assets Cash and cash equivalents 21,127,163 10,660,654 1,519,131Restricted cash 3,174,886 2,769,472 394,647Sh

70、ort-term deposits 9,756,979 13,225,316 1,884,592Restricted short-term deposits-138,328 19,712Short-term investments 781,216 270,154 38,497Long-term deposits,current portion 7,054,915 2,915,837 415,503Accounts and notes receivable,net 2,716,216 2,335,452 332,799Installment payment receivables,net,cur

71、rent portion 1,881,755 2,212,795 315,321Inventory 5,526,212 6,142,463 875,294Amounts due from related parties 12,948 44,536 6,346Prepayments and other current assets 2,489,339 3,255,702 463,935Total current assets 54,521,629 43,970,709 6,265,777Non-current assets Long-term deposits 3,035,426 3,860,9

72、04 550,174Restricted long-term deposits 767,899 1,908,835 272,007Property,plant and equipment,net 10,954,485 11,436,026 1,629,621Right-of-use assets,net 1,455,865 1,224,553 174,497Intangible assets,net 4,948,992 4,572,126 651,523Land use rights,net 2,789,367 2,756,930 392,859Installment payment rece

73、ivables,net 3,027,795 4,457,984 635,258Long-term investments 2,084,933 1,816,317 258,823Other non-current assets 576,150 430,398 61,331Total non-current assets 29,640,912 32,464,073 4,626,093Total assets 84,162,541 76,434,782 10,891,870 XPENG INC.UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(CONTI

74、NUED)(All amounts in thousands,except for ADS/ordinary share and per ADS/ordinary share data)December 31,2023 September 30,2024 September30,2024 RMB RMB US$LIABILITIES Current liabilities Short-term borrowings 3,889,100 4,410,002 628,420Accounts and notes payable 22,210,431 16,864,060 2,403,109Amoun

75、ts due to related parties 30,880 -Operating lease liabilities,current portion 365,999 320,550 45,678Finance lease liabilities,current portion 34,382 35,131 5,006Deferred revenue,current portion 630,997 863,330 123,024Long-term borrowings,current portion 1,363,835 2,189,590 312,014Accruals and other

76、liabilities 7,580,195 7,334,737 1,045,192Income taxes payable 5,743 8,187 1,167Total current liabilities 36,111,562 32,025,587 4,563,610Non-current liabilities Long-term borrowings 5,650,782 6,377,610 908,802Operating lease liabilities 1,490,882 1,308,628 186,478Finance lease liabilities 777,697 774

77、,722 110,397Deferred revenue 668,946 688,724 98,142Derivative liability 393,473 355,192 50,614Deferred tax liabilities 404,018 367,769 52,407Other non-current liabilities 2,336,654 2,509,284 357,570Total non-current liabilities 11,722,452 12,381,929 1,764,410Total liabilities 47,834,014 44,407,516 6

78、,328,020SHAREHOLDERS EQUITY Class A Ordinary shares 103 104 15Class B Ordinary shares 21 21 3Additional paid-in capital 70,198,031 70,528,009 10,050,161Statutory and other reserves 60,035 88,434 12,602Accumulated deficit(35,760,301)(40,248,990)(5,735,435)Accumulated other comprehensive income 1,830,

79、638 1,659,688 236,504Total shareholders equity 36,328,527 32,027,266 4,563,850Total liabilities and shareholders equity 84,162,541 76,434,782 10,891,870 XPENG INC.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS(All amounts in thousands,except for ADS/ordinary share and per ADS/ordi

80、nary share data)Three Months Ended September 30,June 30,September 30,September30,2023 2024 2024 2024 RMB RMB RMB US$Revenues Vehicle sales7,844,239 6,818,867 8,795,011 1,253,279Services and others685,282 1,292,540 1,306,699 186,203Total revenues8,529,521 8,111,407 10,101,710 1,439,482Cost of sales V

81、ehicle sales(8,319,890)(6,384,289)(8,039,240)(1,145,583)Services and others(437,589)(591,328)(521,022)(74,245)Total cost of sales(8,757,479)(6,975,617)(8,560,262)(1,219,828)Gross(loss)profit(227,958)1,135,790 1,541,448 219,654Operating expenses Research and development expenses(1,305,868)(1,466,752)

82、(1,633,071)(232,711)Selling,general and administrative expenses(1,692,194)(1,573,601)(1,633,196)(232,729)Total operating expense(2,998,062)(3,040,353)(3,266,267)(465,440)Other income,net65,192 278,843 39,908 5,687Fair value gain(loss)on derivative liability relating to the contingent consideration-1

83、6,662 (162,185)(23,111)Loss from operations(3,160,828)(1,609,058)(1,847,096)(263,210)Interest income314,004 356,682 318,021 45,318Interest expense(65,767)(81,399)(83,461)(11,893)Fair value loss on derivative assets or derivative liabilities(971,832)-Investment loss on long-term investments(8,782)(35

84、,836)(216,768)(30,889)Exchange gain from foreign currency transactions5,972 20,801 47,565 6,778Other non-operating income,net4,282 3,525 6,444 918Loss before income tax(expenses)benefit and share of results of equity method investees(3,882,951)(1,345,285)(1,775,295)(252,978)Income tax(expenses)benef

85、it(682)33,773 (7,025)(1,001)Share of results of equity method investees(2,917)26,831 (25,400)(3,619)Net loss(3,886,550)(1,284,681)(1,807,720)(257,598)Net loss attributable to ordinary shareholders of XPeng Inc.(3,886,550)(1,284,681)(1,807,720)(257,598)XPENG INC.UNAUDITED CONDENSED CONSOLIDATED STATE

86、MENTS OF COMPREHENSIVE LOSS(CONTINUED)(All amounts in thousands,except for ADS/ordinary share and per ADS/ordinary share data)Three Months Ended September 30,June 30,September 30,September30,2023 2024 2024 2024 RMB RMB RMB US$Net loss(3,886,550)(1,284,681)(1,807,720)(257,598)Other comprehensive loss

87、 Foreign currency translation adjustment,net of tax(123,081)86,709 (284,343)(40,519)Total comprehensive loss attributable to XPeng Inc.(4,009,631)(1,197,972)(2,092,063)(298,117)Comprehensive loss attributable to ordinary shareholders of XPeng Inc.(4,009,631)(1,197,972)(2,092,063)(298,117)Weighted av

88、erage number of ordinary shares used in computing net loss per ordinary share Basic and diluted1,729,980,347 1,888,024,660 1,893,857,778 1,893,857,778Net loss per ordinary share attributable to ordinary shareholders Basic and diluted(2.25)(0.68)(0.95)(0.14)Weighted average number of ADS used in comp

89、uting net loss per share Basic and diluted864,990,174 944,012,330 946,928,889 946,928,889Net loss per ADS attributable to ordinary shareholders Basic and diluted(4.49)(1.36)(1.91)(0.27)XPENG INC.UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS(All amounts in thousands,except for ADS/ordinary s

90、hare and per ADS/ordinary share data)Three Months Ended September 30,June 30,September 30,September 30,2023 2024 2024 2024 RMB RMB RMB US$Loss from operations(3,160,828)(1,609,058)(1,847,096)(263,210)Fair value(gain)loss on derivative liability relating to the contingent consideration-(16,662)162,18

91、5 23,111Share-based compensation expenses124,291 81,306 113,963 16,240Non-GAAP loss from operations(3,036,537)(1,544,414)(1,570,948)(223,859)Net loss(3,886,550)(1,284,681)(1,807,720)(257,598)Fair value(gain)loss on derivative liability relating to the contingent consideration-(16,662)162,185 23,111F

92、air value loss on derivative liability971,832 -Share-based compensation expenses124,291 81,306 113,963 16,240Non-GAAP net loss(2,790,427)(1,220,037)(1,531,572)(218,247)Net loss attributable to ordinary shareholders(3,886,550)(1,284,681)(1,807,720)(257,598)Fair value(gain)loss on derivative liability

93、 relating to the contingent consideration-(16,662)162,185 23,111Fair value loss on derivative liability971,832 -Share-based compensation expenses124,291 81,306 113,963 16,240Non-GAAP net loss attributable to ordinary shareholders of XPeng Inc.(2,790,427)(1,220,037)(1,531,572)(218,247)Weighted averag

94、e number of ordinary shares used in calculating Non-GAAP net loss per share Basic and diluted1,729,980,347 1,888,024,660 1,893,857,778 1,893,857,778Non-GAAP net loss per ordinary share Basic and diluted(1.61)(0.65)(0.81)(0.12)Weighted average number of ADS used in calculating Non-GAAP net loss per share Basic and diluted864,990,174 944,012,330 946,928,889 946,928,889Non-GAAP net loss per ADS Basic and diluted(3.23)(1.29)(1.62)(0.23)Source:XPeng Inc.