ZK Earnings Prediction
The chart below shows how ZK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ZK sees a -10.39% change in stock price 10 days leading up to the earnings, and a +0.77% change 10 days following the report. On the earnings day itself, the stock moves by +10.71%. This data can give you a slight idea of what to expect for the next quarter's release.
ZK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
18.36B
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Gross Margin
18.53%
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Operating Margin
-6.63%
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Net Margin
-6.21%
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EPS
-0.48
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No Data Available
ZK Earnings Analysis
ZEEKR Intelligent Technology Holding Limited American Depositary Shares (each representing ten (10) Corporation (ZK.N) Earnings Conference Call
Positive
Quarterly Delivery Record: ZEEKR achieved a new quarterly delivery record with a total delivery of 55,003 units, reflecting solid growth both year over year and quarter over quarter.
Record Monthly Deliveries: In October, ZEEKR's deliveries surpassed 25,000 units, setting a new monthly record and propelling cumulative deliveries for 2024 to nearly 170,000 units.
Record Vehicle Sales Revenue: In Q3, vehicle sales revenue exceeded RMB 14.4 billion, setting a new record, with vehicle margin reaching 15.7%.
ZEEKR 7X Delivery Milestone: The ZEEKR 7X became ZEEKR's second model with monthly deliveries exceeding 10,000 units, and it achieved over 20,000 units delivered within 50 days of launch.
Global Market Expansion: ZEEKR has entered over 40 countries and regions, advancing its global strategy and expanding its market presence.
Negative
Profit Margin Decline: 1. Declining Profitability: Despite a record vehicle sales revenue of RMB14.4 billion in Q3, the vehicle margin only reached 15.7%, indicating a potential decline in profitability compared to previous quarters.
Competitive Market Pressures: 2. Increased Competition Risks: The integration with Lynk & Co aims to eliminate competition between the two brands, highlighting the existing competitive pressures in the market that necessitate such a move.
Model Launch Dependency: 3. High Dependency on New Models: The company is heavily reliant on the successful launch of new models, including the ZEEKR 7X and upcoming large size luxurious PHEV vehicles, to improve margins and sales, which poses a risk if these models underperform.
Cost Reduction Limitations: 4. Cost Management Challenges: The company anticipates achieving only a 10% to 20% reduction in R&D expenses and a 5% to 8% reduction in BOM costs post-integration, suggesting ongoing challenges in cost management despite the merger.
Sales Target Uncertainty: 5. Uncertain Sales Targets: The ambitious target of reaching 1 million annual sales by 2026 remains uncommitted, indicating potential uncertainty in future sales performance and market conditions.
ZK FAQs
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ZK Earning Call Sentiment
ZEEKR Intelligent Technology Holding Limited (ZK) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ZK.N
-0.12%Positive
The earnings call highlights record vehicle sales revenue and margins, strategic shareholding optimization, and ambitious expansion plans. The Q&A session indicates confidence in integration with Lynk & Co, enhancing market potential and addressing overseas challenges. Despite competitive and regulatory risks, the optimistic guidance for Q4 margins and strategic synergies suggest a positive outlook for stock price movement.
