小鹏汽车-W(09868.HK):G7定价超预期 重磅新品再落地
Ge Long Hui·2025-07-05 18:16

Core Viewpoint - Xiaopeng Motors has launched the G7 model, which shows strong market potential with over 10,000 pre-orders within 9 minutes of its release, indicating a potential for success similar to the P7 model last year [1] Group 1: G7 Launch Details - The G7 model includes three versions: 602 Long Range Max, 702 Ultra Long Range Max, and 702 Ultra Long Range, priced at 195,800, 205,800, and 225,800 yuan respectively, all below the pre-sale price of 235,800 yuan [1] - The G7 features advanced technology with the first deployment of three Turing AI chips, achieving a total vehicle computing power of 2250 TOPS, and a cabin AI computing power exceeding 800 TOPS [1] - The vehicle design allows for an 88% space utilization rate, with a total space of 4.47 m² and a trunk capacity of 819L, expandable to 2277L [1] Group 2: International Expansion and Sales Performance - Xiaopeng Motors has accelerated its international expansion, ranking first in sales among Chinese new energy vehicle brands in nine countries, including Ireland and the Netherlands, as of June [2] - The company delivered 34,600 vehicles in June 2025, a year-on-year increase of 224%, marking eight consecutive months of deliveries exceeding 30,000 units [2] - Cumulative deliveries for Q2 2025 reached 103,200 units, setting a new quarterly record, while H1 2025 deliveries totaled 197,200 units, surpassing the total for the entire year of 2024 [2] Group 3: Financial Forecast - The company is projected to achieve revenues of 94.743 billion, 131.656 billion, and 159.043 billion yuan from 2025 to 2027, with net profits of -3.27 billion, 3.024 billion, and 6.155 billion yuan respectively [3] - Earnings per share (EPS) are expected to be -0.17, 1.59, and 3.23 yuan for the same period [3]