An announcement from ZEEKR Intelligent Technology Holding Limited Sponsored ADR ( (ZK) ) is now available.
Zeekr Group announced its unaudited financial results for the fourth quarter and full year of 2024, highlighting significant growth in vehicle deliveries and financial performance. The company reported a 99.8% year-over-year increase in vehicle deliveries for Q4 2024, totaling 79,250 units, and an 87.2% increase for the entire year with 222,123 units. Financially, Zeekr achieved a 39.2% increase in total revenues for Q4 2024 compared to the previous year, alongside an improved gross margin of 19.0%. Despite a net loss of RMB 820.6 million for the quarter, this represented a substantial decrease of 72.1% year-over-year, indicating improved operational efficiency and financial health.
More about ZEEKR Intelligent Technology Holding Limited Sponsored ADR
ZEEKR Intelligent Technology Holding Limited, known as Zeekr Group, is a leading company in the premium new energy vehicle industry. The company focuses on the production and delivery of electric vehicles, aiming to capture a significant share of the growing market for sustainable transportation solutions.
YTD Price Performance: 4.13%
Average Trading Volume: 633,403
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.12B
For an in-depth examination of ZK stock, go to TipRanks’ Stock Analysis page.