Zeekr Reports Reduced Losses and Revenue Growth in Q1

Zeekr Intelligent Technology Holding Ltd. has reported a narrower net loss for the first quarter, showcasing revenue growth and increased vehicle deliveries. Investors may interpret these results positively as the company moves towards profitability.

Date: 15-05-2025

AI Rating: 7

Financial Performance: Zeekr Intelligent Technology Holding Ltd. (ZK) has reported a narrowing net loss in Q1, which is a positive signal for investors looking for signs of improving operational efficiency. The net loss attributable to shareholders was RMB718 million ($99 million), down from RMB1.982 billion a year ago, translating to a significant improvement in profitability metrics.
EPS Insights: The loss per share (EPS) also improved, showing a significantly reduced loss of RMB0.28 ($0.04) compared to RMB0.99 last year. This reduction in losses indicates the company’s efforts in controlling costs, which is vital for investor confidence.
Revenue Growth: Total revenues for the quarter were RMB22.02 billion ($3.034 billion), a slight increase of 1.1% year-over-year, although there was a noticeable sequential decrease of 37.8%. Despite this decline from the previous quarter, revenue stability amidst market challenges is essential for long-term sustainability.
Vehicle Sales Performance: The vehicle sales constituted a significant part of total revenues at RMB19.096 billion ($2.631 billion), with a year-over-year surge of 16.1%. This growth reflects an increasing market acceptance of Zeekr’s product line and indicates potential for future revenue expansion.
Deliveries and Market Presence: The company delivered 114,011 vehicles during this quarter—a 21.1% increase from the previous year. Notably, the Zeekr brand alone delivered 41,403 units, representing a 25.2% year-on-year increase, showcasing strong consumer demand which may lead to a more resilient revenue stream going forward.
Overall, while Zeekr is still facing net losses, the improvements in EPS, revenue growth, and vehicle deliveries provide a cautiously optimistic platform for investors looking at the company over the next 1 to 3 months.

Stocks: ZK