ZEEKR Intelligent Technology Holding Limited
ZK
ISIN US98923K1034 / Valor 130936114
ZEEKR Intelligent Technology Holding Limited
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About company
ZEEKR Intelligent Technology Holding Limited, established in 2013, is a Chinese electric vehicle manufacturer that focuses on developing advanced automotive technologies. The company operates a European R&D center, China Europe Vehicle Technology AB (CEVT), which has been instrumental in creating the Compact Modular Architecture (CMA) platform. This scalable vehicle architecture supports a variety of drive systems and technology solutions, and has been utilized in over 2 million vehicles. ZEEKR aims to innovate in the electric vehicle market by integrating cutting-edge technology and design to enhance vehicle performance and user experience.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (12.06.2024):
Revenue Growth
In the fiscal year ending December 31, 2023, ZEEKR Intelligent Technology Holding Limited reported a significant increase in net revenues, reaching RMB 51,672,618, compared to RMB 31,899,448 in 2022. This marks a substantial growth, showcasing the company's expanding market presence.
Gross Profit Increase
ZEEKR Intelligent Technology Holding Limited saw an impressive rise in gross profit for the year 2023, totaling RMB 6,850,530, up from RMB 2,472,050 in 2022. This improvement reflects better cost management and increased efficiency in operations.
Net Loss Situation
Despite revenue growth, ZEEKR Intelligent Technology Holding Limited experienced a net loss of RMB 8,264,191 in 2023, which was an increase from the previous year's loss of RMB 7,655,146. This indicates ongoing challenges in achieving profitability amidst expansion efforts.
Research and Development Expenses
The company continued to invest heavily in innovation, with research and development expenses climbing to RMB 8,369,207 in 2023 from RMB 5,446,320 in 2022. ZEEKR Intelligent Technology Holding Limited's commitment to R&D is crucial for maintaining competitive advantage in the technology sector.
Outlook and Future Investments
Looking ahead, ZEEKR Intelligent Technology Holding Limited remains focused on enhancing product offerings and expanding its market reach. The increased losses and high R&D expenses reflect the company's strategy to invest in future growth despite the short-term financial impacts.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
7007 M
Market cap (USD)
140,622
Daily traded volume (Shares)
28.43 / 26.81
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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