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Weilai, Xiaopeng, and Ideal released their 2021 financial reports, all of which are money-losing car companies, and the more they sell, the more they lose?

When it comes to the new forces of car building, everyone will first think of the top 3, they are Weilai Automobile, Ideal Automobile and Xiaopeng Automobile, but do you know? These car companies are very different from traditional car companies, the more vehicles produced, the more car companies lose money, to put it bluntly, car companies are losing money to buy cars, do you believe it?

Recently, Weilai Automobile, Ideal Automobile and Xiaopeng Automobile have successively announced the 2021 financial report, we let the financial report speak, see which of the three car companies has made money? Which one loses the most? Which car company has the lowest profit on bicycles?

Xiaopeng Motors

Net loss: $4,863 million

Year-over-year increase of 78%

On the evening of March 28, Xiaopeng Automobile released its 2021 financial report, and the data showed that Xiaopeng Automobile's revenue was 20.99 billion yuan, an increase of 259.1% year-on-year; automobile sales revenue was 20.04 billion yuan, an increase of 261.3%; gross profit margin was 12.5%, an increase of 7.9%; net loss was 4.863 billion yuan, an increase of 78% year-on-year; and a total of 98,155 vehicles were delivered in 2021, an increase of 263% year-on-year.

Weilai, Xiaopeng, and Ideal released their 2021 financial reports, all of which are money-losing car companies, and the more they sell, the more they lose?

It can be seen from the financial report of Xiaopeng Automobile that in 2021, Xiaopeng Automobile is striving to develop well in all aspects, but it is still in a state of loss, with a loss of 4.863 billion yuan for the whole year, with annual sales of nearly 100,000 units and a gross profit margin of only 12.5%, indicating that the cost performance of Xiaopeng Automobile models is still very good.

NIO

Net loss: 4,016.9 million yuan

24.3% yo-yoy decrease

Weilai, Xiaopeng, and Ideal released their 2021 financial reports, all of which are money-losing car companies, and the more they sell, the more they lose?

NIO's revenue was 36,136.4 million yuan, an increase of 122.3% year-on-year; automobile sales revenue was 33,169.7 million yuan, an increase of 118.5%; gross profit margin was 18.9%, an increase of 740% year-on-year; operating loss was 4,496.3 million yuan, down 2.42% from the previous year; net loss was 4,016.9 million yuan, a decrease of 24.3% year-on-year. Net loss attributable to shareholders was RMB10,572.3 million, compared to RMB5,610.8 million in 2020; a total of 91,400 vehicles were delivered in 2021, an increase of 109.1% over 2020.

Weilai, Xiaopeng, and Ideal released their 2021 financial reports, all of which are money-losing car companies, and the more they sell, the more they lose?

Weilai Automobile as the earliest mass production of car companies, the initial loss of the door to close, is still in the loss, but the gross profit margin is very high, reaching 18.9%, can be described as a high value, which is why the price of Weilai Automobile is high, in order to pursue a higher gross profit margin, compared to the gross profit margin of Xiaopeng Automobile, Weilai Automobile has no cost performance at all.

Ideal car

Net loss: $321.5 million

111.9% yo-yo increase

Ideal Auto achieved revenue of RMB27.01 billion in 2021, an increase of 185.6% over RMB9.46 billion in 2020, net loss of RMB321.5 million, an increase of 111.9% over RMB151.7 million in 2020, and a cumulative delivery of 90,491 units in 2021, an increase of 177.4% over 32,624 units in 2020.

Weilai, Xiaopeng, and Ideal released their 2021 financial reports, all of which are money-losing car companies, and the more they sell, the more they lose?

Ideal Car currently has only one ideal ONE mass production and sale model, delivery volume and Weilai Automobile and Xiaopeng Automobile have entered the 90,000 unit mark, ideal car delivery is the lowest, but the net loss is the least, have to admire the financial control of Ideal Automobile.

Written in the end: Weilai Automobile, Ideal Automobile and Xiaopeng Automobile in the past 2021 sales, sales are almost the same, the three are in a state of loss of new car-making forces, but Xiaopeng Automobile sales are the highest loss, ideal car losses the least, the financial reports of the three car companies in 2021 are like this, whether you believe it or not, the new forces of car-making with unlimited scenery on the surface are actually on the road to loss, but the amount is different.

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