Figma stock skyrockets 198% in explosive NYSE debut
Figma (FIG), the design software company, jumped 198% on its initial trading day on the New York Stock Exchange, demonstrating a buoyant investor demand for Silicon Valley tech public listings.
Figma priced its shares at $33 each in Wednesday's IPO — bringing in $1.2 billion and a $20 billion valuation for the company — but in early trading Thursday, the shares charged to approximately $98 each, giving Figma a much higher market cap of $60 billion.Though a software company and not a crypto company per se, Figma had previously disclosed its holdings of about $70 million in the Bitwise Bitcoin ETF (BITB) and said it now plans to pick up some $30 million in spot Bitcoin as well, as per reports.
Previously, Figma had agreed to a $20 billion acquisition by software giant Adobe.
But in 2023, Adobe walked away from the deal with Figma taking a $1 billion termination fee instead. Figma's IPO is the latest in a string of successful market performances for tech and crypto-related companies that have recently gone public.
An increasing number of non-crypto companies are adopting a strategy similar to that of Bitcoin-rich firms like Strategy (formerly MicroStrategy) by adding digital assets to their balance sheet.
Cumulative institutional adoption is apparent, beyond crypto-native businesses, with more than 160 public firms in sectors as diverse as healthcare, gaming, and sustainable energy holding BTC on their balance sheets as of mid-2025.
Silently, companies like Semler Scientific, GameStop, and Block, Inc. have bought bitcoin as a defense against higher inflation and fiat devaluation, or — as in Strategy — as a hedge on future soars in crypto within the valuation.
Figma stock skyrockets 198% in explosive NYSE debut first appeared on TheStreet on Jul 31, 2025
This story was originally reported by TheStreet on Jul 31, 2025, where it first appeared.
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Zeekr Group Reports Second Quarter 2025 Unaudited Financial Results
HANGZHOU, China, Aug. 14, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced its unaudited financial results for the second quarter ended June 30, 2025.[1] Operating Highlights for the Second Quarter of 2025 Total vehicle deliveries were 130,866 units for the second quarter of 2025, representing a 9.3% year-over-year increase and a 14.8% quarter-over-quarter increase. The Zeekr brand delivered 49,337 vehicles. Meanwhile, the Lynk & Co brand delivered 81,529 vehicles, with 58.8% of deliveries coming from NEV models. Deliveries2025 Q22025 Q12024 Q42024 Q3 130,866114,011169,088124,606Deliveries2024 Q22024 Q12023 Q42023 Q3 119,75594,115120,11494,151 Financial Highlights for the Second Quarter of 2025 Vehicle sales were RMB22,916 million (US$3,199 million)[2] for the second quarter of 2025, representing an increase of 2.2% from the second quarter of 2024 and an increase of 20.0% from the first quarter of 2025. Vehicle margin[3] was 17.3% for the second quarter of 2025, compared with 11.5% for the second quarter of 2024 and 16.5% for the first quarter of 2025. Total revenues were RMB27,431 million (US$3,829 million) for the second quarter of 2025, representing a decrease of 0.9% from the second quarter of 2024 and an increase of 24.6% from the first quarter of 2025. Gross profit was RMB5,656 million (US$789 million) for the second quarter of 2025, representing an increase of 13.3% from the second quarter of 2024 and an increase of 34.3% from the first quarter of 2025. Gross margin was 20.6% for the second quarter of 2025, compared with 18.0% for the second quarter of 2024 and 19.1% for the first quarter of 2025. Income from operations was RMB285 million (US$39 million) for the second quarter of 2025, compared with RMB2,269 million loss from operations in the second quarter of 2024 and RMB1,259 million loss from operations in the first quarter of 2025. Excluding share-based compensation expenses, adjusted income from operations (non-GAAP)[4] was RMB315 million (US$43 million) for the second quarter of 2025, compared with RMB1,325 million non-GAAP loss from operations in the second quarter of 2024 and RMB1,136 million non-GAAP loss from operations in the first quarter of 2025. Net loss was RMB287 million (US$40 million) for the second quarter of 2025, representing a decrease of 88.8% from the second quarter of 2024 and a decrease of 62.4% from the first quarter of 2025. Excluding share-based compensation expenses, adjusted net loss (non-GAAP)[4] was RMB257 million (US$36 million) for the second quarter of 2025, representing a decrease of 84.2% from the second quarter of 2024 and a decrease of 59.8% from the first quarter of 2025. [1] All disclosed data (including historical periods) were recast to reflect common-control accounting treatment related to Lynk & Co's acquisition. [2] All conversions from Renminbi("RMB") to U.S. dollars ("US$") were made at an exchange rate of RMB7.1636 to US$1.00, as set forth in the H.10 statistical release of the Federal Reserve Board on June 30, 2025. [3] Vehicle margin is the margin of vehicle sales, which is calculated based on revenues and cost of revenues derived from vehicle sales only. [4] The Company's non-GAAP financial measures exclude share-based compensation expenses. See "Unaudited Reconciliation of GAAP and Non-GAAP Results" set forth at the end of this announcement. Key Financial Results for the Second Quarter of 2025 (in RMB millions, except for percentages)2025 Q2 2025 Q1 2024 Q2 % Changei YoY QoQ Vehicle sales 22,916 19,096 22,433 2.2 % 20.0 % -Zeekr 10,925 9,987 13,438 (18.7) % 9.4 % - Lynk & Co 11,991 9,109 8,995 33.3 % 31.6 % Vehicle margin 17.3 % 16.5 % 11.5 % 5.8pts 0.8pts -Zeekr 21.1 % 21.2 % 14.2 % 6.9pts (0.1)pts - Lynk & Co 13.8 % 11.4 % 7.6 % 6.2pts 2.4pts Total revenues 27,431 22,019 27,671 (0.9) % 24.6 % Gross profit 5,656 4,213 4,994 13.3 % 34.3 % Gross margin 20.6 % 19.1 % 18.0 % 2.6pts 1.5pts Income/(loss) from operations 285 (1,259) (2,269) N/A N/A Non-GAAP income/(loss) from operations 315 (1,136) (1,325) N/A N/A Net loss (287) (763) (2,569) (88.8) % (62.4) % Non-GAAP net loss (257) (640) (1,625) (84.2) % (59.8) % i Except for vehicle margin and gross margin, absolute changes instead of percentage changes are presented. Recent Developments Delivery Update In July, Zeekr Group delivered a total of 44,193 vehicles across its Zeekr and Lynk & Co brands, marking a 2.7% increase compared to the previous month. This achievement was made possible by the trust and support of over 2 million users. Specifically, the Zeekr brand delivered 16,977 vehicles, while Lynk & Co brand delivered 27,216 vehicles. New Model Launches On July 9, 2025, Zeekr debuted its revolutionary Super Hybrid Technologies in Wuzhen, China. This system sets new standards for long-range plug-in hybrid technologies including best-in-class charging and acceleration speeds, as well as luxury noise and vibration control, enhancing both highway cruising and urban experiences. Built on the Company's groundbreaking SEA-S platform, the Zeekr Super Hybrid System features a revolutionary 900V high-voltage architecture, tri-silicon carbide-powered e-motors and a CATL Freevoy Super Hybrid battery. This powerful combination enables passengers to enjoy quiet city journeys and confidently transition to high-performance or long-distance driving, free of range anxiety. The recently unveiled Zeekr 9X is the first model in the Zeekr lineup to incorporate this technology. Boasting a 70kWh battery pack with a 380km range per CLTC (model specific), as well as an all-new, turbocharged 2.0T engine with peak power output of 205 kW (275 hp) and thermal efficiency over 46%, Zeekr 9X delivers a performance that is normally only found in super luxury premium models. Zeekr 9X will commence deliveries in the third quarter of 2025. Financial Results for the Second Quarter of 2025 Revenues Total revenues were RMB27,431 million (US$3,829 million) for the second quarter of 2025, representing a decrease of 0.9% from RMB27,671 million for the second quarter of 2024 and an increase of 24.6% from RMB22,019 million for the first quarter of 2025. Revenues from vehicle sales were RMB22,916 million (US$3,199 million) for the second quarter of 2025, representing an increase of 2.2% from RMB22,433 million for the second quarter of 2024, and an increase of 20.0% from RMB19,096 million for the first quarter of 2025. The year-over-year increase was mainly driven by higher sales volume of the Lynk & Co brand, partially offset by lower sales volume of the Zeekr brand. The quarter-over-quarter increase was mainly driven by sales growth resulting from the launch of new models during the second quarter of 2025. Revenues from other sales and services were RMB4,515 million (US$630 million) for the second quarter of 2025, representing a decrease of 13.8% from RMB5,238 million for the second quarter of 2024 and an increase of 54.5% from RMB2,923 million for the first quarter of 2025. The year-over-year decrease was primarily due to a decrease in R&D revenue from related parties in the second quarter of 2025. The quarter-over-quarter increase was mainly due to the increased overseas sales of battery packs and electric drives since May 2025. Cost of Revenues and Gross Margin Cost of revenues was RMB21,775 million (US$3,040 million) for the second quarter of 2025, representing a decrease of 4.0% from RMB22,677 million for the second quarter of 2024 and an increase of 22.3% from RMB17,806 million for the first quarter of 2025. The year-over-year decrease was primarily attributable to the ongoing vehicle cost-saving initiatives. The quarter-over-quarter increase was mainly due to the increased vehicle delivery volume. Gross profit was RMB5,656 million (US$789 million) for the second quarter of 2025, representing an increase of 13.3% from RMB4,994 million for the second quarter of 2024 and an increase of 34.3% from RMB4,213 million for the first quarter of 2025. Gross margin was 20.6% for the second quarter of 2025, compared with 18.0% for the second quarter of 2024 and 19.1% for the first quarter of 2025. Vehicle margin was 17.3% for the second quarter of 2025, compared with 11.5% for the second quarter of 2024 and 16.5% for the first quarter of 2025. The year-over-year and quarter-over-quarter increases were primarily attributed to sustained cost-saving initiatives. Operating Expenses Research and development expenses were RMB2,146 million (US$300 million) for the second quarter of 2025, representing a decrease of 42.9% from RMB3,760 million for the second quarter of 2024 and a decrease of 26.2% from RMB2,908 million for the first quarter of 2025. The year-over-year and quarter-over-quarter decreases were mainly driven by economies of scale resulting from business integration, partially offset by expanded technological investments for vehicle models. Selling, general and administrative expenses were RMB3,364 million (US$469 million) for the second quarter of 2025, representing a decrease of 9.7% from RMB3,725 million for the second quarter of 2024 and an increase of 27.2% from RMB2,645 million for the first quarter of 2025. The year-over-year decrease was mainly driven by economies of scale generated following the Zeekr and Lynk & Co business integration. The quarter-over-quarter increase was primarily attributable to higher marketing and advertising expenses to support new vehicle model launches and sales growth. Income/(Loss) from Operations Income from operations was RMB285 million (US$39 million) for the second quarter of 2025, compared with RMB2,269 million loss from operations in the second quarter of 2024 and RMB1,259 million loss from operations in the first quarter of 2025. Non-GAAP income from operations, which excludes share-based compensation expenses from income/(loss) from operations, was RMB315 million (US$43 million) for the second quarter of 2025, compared with RMB1,325 million non-GAAP loss from operations in the second quarter of 2024 and RM1,136 million non-GAAP loss from operations in the first quarter of 2025. Net Loss and Net Loss Per Share Net loss was RMB287 million (US$40 million) for the second quarter of 2025, representing a decrease of 88.8% from RMB2,569 million for the second quarter of 2024 and a decrease of 62.4% from RMB763 million for the first quarter of 2025. Non-GAAP net loss, which excludes share-based compensation expenses from net loss, was RMB257 million (US$36 million) for the second quarter of 2025, representing a decrease of 84.2% from RMB1,625 million for the second quarter of 2024 and a decrease of 59.8% from RMB640 million for the first quarter of 2025. Net loss attributable to ordinary shareholders of Zeekr Group was RMB394 million (US$55 million) for the second quarter of 2025, representing a decrease of 86.3% from RMB2,876 million for the second quarter of 2024 and a decrease of 45.1% from RMB718 million for the first quarter of 2025. Non-GAAP net loss attributable to ordinary shareholders of Zeekr Group, which excludes share-based compensation expenses from net loss attributable to ordinary shareholders, was RMB364 million (US$51 million) for the second quarter of 2025, representing a decrease of 81.2% from RMB1,932 million for the second quarter of 2024 and a decrease of 38.8% from RMB595 million for the first quarter of 2025. Basic and diluted net loss per share attributed to ordinary shareholders were both RMB0.15 (US$0.02) for the second quarter of 2025, compared with RMB1.25 each for the second quarter of 2024 and RMB0.28 each for the first quarter of 2025. Non-GAAP basic and diluted net loss per share attributed to ordinary shareholders were both RMB0.14 (US$0.02) for the second quarter of 2025, compared with RMB0.84 each for the second quarter of 2024 and RMB0.23 each for the first quarter of 2025. Basic and diluted net loss per American Depositary Share[5] ("ADS") attributed to ordinary shareholders were both RMB1.54 (US$0.21) for the second quarter of 2025, compared with RMB12.49 each for the second quarter of 2024 and RMB2.81 each for the first quarter of 2025. Non-GAAP basic and diluted net loss per ADS attributed to ordinary shareholders were both RMB1.42 (US$0.20) for the second quarter of 2025, compared with RMB8.39 each for the second quarter of 2024 and RMB2.33 each for the first quarter of 2025. [5] Each ADS represents ten ordinary shares. Balance Sheets Cash and cash equivalents and restricted cash was RMB10,210 million (US$1,425 million) as of June 30, 2025. About Zeekr Group Zeekr Group, headquartered in Zhejiang, China, is the world's leading premium new energy vehicle group from Geely Holding Group. With two brands, Lynk & Co and Zeekr, Zeekr Group aims to create a fully integrated user ecosystem with innovation as a standard. Utilizing its state-of-the-art facilities and world-class expertise, Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain. Zeekr Group's values are equality, diversity, and sustainability. Its ambition is to become a true global new energy mobility solution provider. For more information, please visit Non-GAAP Financial Measures The Company uses non-GAAP financial measures, such as non-GAAP income/(loss) from operations, non-GAAP net loss, non-GAAP net loss attributable to ordinary shareholders, non-GAAP basic and diluted net loss per ordinary share attributed to ordinary shareholders, non-GAAP basic and diluted net loss per ADS attributed to ordinary shareholders, in evaluating its operating results and for financial and operational decision-making purposes. By excluding the impact of share-based compensation expenses, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company's past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company's management in its financial and operational decision-making. The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company's operating performance, investors should not consider them in isolation, or as a substitute for net loss or other consolidated statements of comprehensive loss data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company's performance. For more information on the non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of GAAP and non-GAAP Results" set forth in this announcement. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars and from U.S. dollars to RMB are made at a rate of RMB7.1636 to US$1.00, the exchange rate on June 30, 2025, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or U.S. dollar amounts referred to could be converted into U.S. dollars or RMB, as the case may be, at any particular rate or at all. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "future," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any duty to update such information, except as required under applicable law. Investor Relations Contact In China:ZEEKR Intelligent Technology Holding LimitedInvestor RelationsEmail: ir@ Piacente Financial CommunicationsTel: +86-10-6508-0677Email: Zeekr@ In the United States:Piacente Financial CommunicationsBrandi PiacenteTel: +1-212-481-2050Email: Zeekr@ Media Contact Email: Globalcomms@ ZEEKR INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in millions)As of December 31June 30June 30 202420252025 RMBRMBUS$ASSETS Current assets: Cash and cash equivalents9,8978,0881,129 Restricted cash1,4912,122296 Notes receivable12,2686,618924 Accounts receivable2,3442,873401 Inventories10,3888,0071,118 Amounts due from related parties 9,82111,0361,541 Prepayments and other current assets4,6545,870819 Total current assets50,86344,6146,228 Property, plant and equipment, net10,98410,5021,466 Intangible assets, net1,3461,426199 Land use rights, net50650070 Operating lease right-of-use assets3,0082,817393 Deferred tax assets34051372 Long-term investments688967135 Other non-current assets47749269 Total non-current assets17,34917,2172,404 TOTAL ASSETS68,21261,8318,632 ZEEKR INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) (Amounts in millions)As of December 31June 30June 30 202420252025 RMBRMBUS$ LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term borrowings1,3539,1291,274 Accounts payable15,89914,8322,070 Notes payable and others23,39118,0562,520 Amounts due to related parties19,09919,5232,725 Income tax payable9831644 Accruals and other current liabilities15,45513,5701,896 Total current liabilities75,29575,42610,529 Long-term borrowings2,7277,2781,016 Operating lease liabilities, non-current2,1371,946272 Other non-current liabilities2,1912,380333 Deferred tax liability57588 Total non-current liabilities7,11211,6621,629 TOTAL LIABILITIES82,40787,08812,158SHAREHOLDERS' EQUITY Ordinary shares330 Paid-in capital in combined companies7,66900 Additional paid-in capital15,76310,5421,472 Treasury stock(187)(193)(27) Accumulated deficits(38,894)(34,346)(4,795) Accumulated other comprehensive income(142)(63)(9) Total Zeekr Group shareholders' deficit(15,788)(24,057)(3,359) Non-controlling interest1,593(1,200)(167) TOTAL SHAREHOLDERS' DEFICIT(14,195)(25,257)(3,526) TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 68,21261,8318,632 ZEEKR INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME (Amounts in millions, except share/ADS and per share/ADS data and otherwise noted)Three Months Ended June 30March 31June 30June 30 2024202520252025 RMBRMBRMBUS$ Revenues: Vehicle sales22,43319,09622,9163,199 Other sales and services5,2382,9234,515630 Total revenues27,67122,01927,4313,829 Cost of revenues: Vehicle sales(19,847)(15,948)(18,953)(2,646) Other sales and services(2,830)(1,858)(2,822)(394) Total cost of revenues(22,677)(17,806)(21,775)(3,040) Gross profit4,9944,2135,656789 Operating expenses: Research and development expenses(3,760)(2,908)(2,146)(300) Selling, general and administrative expenses(3,725)(2,645)(3,364)(469) Other operating income, net2228113919 Total operating expenses(7,263)(5,472)(5,371)(750) (Loss)/income from operations(2,269)(1,259)28539 Interest expense(139)(116)(108)(15) Interest income10345375 Other (expense)/income, net(97)593(292)(40) Loss before income tax expense and share of losses in equity method investments(2,402)(737)(78)(11) Share of income in equity method investments8612815121 Income tax expense(253)(154)(360)(50) Net loss(2,569)(763)(287)(40) Less: income/(loss) attributable to non- controlling interest307(45)10715 Net loss attributable to shareholders of Zeekr Group(2,876)(718)(394)(55) ZEEKR INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME (CONTINUED) (Amounts in millions, except share/ADS and per share/ADS data and otherwise noted)Three Months Ended June 30March 31June 30June 30 2024202520252025 RMBRMBRMBUS$ Net loss per share attributed to ordinary shareholders: Basic and diluted(1.25)(0.28)(0.15)(0.02) Weighted average shares used in calculating net loss per share: Basic and diluted2,301,866,8872,552,901,6682,561,060,6692,561,060,669 Net loss per ADS attributed to ordinary shareholders: Basic and diluted(12.49)(2.81)(1.54)(0.21) Weighted average ADS used in calculating net loss per ADS: Basic and diluted230,186,689255,290,167256,106,067256,106,067 Net loss(2,569)(763)(287)(40) Other comprehensive income/(loss), net of tax of nil: Foreign currency translation adjustments10919(22)(3) Comprehensive loss(2,460)(744)(309)(43) Less: comprehensive income/(loss) attributable to non-controlling interest218(68)10715 Comprehensive loss attributable to shareholders of Zeekr Group (2,678)(676)(416)(58) ZEEKR INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME (Amounts in millions, except share/ADS and per share/ADS data and otherwise noted)Six Months Ended June 30June 30June 30 202420252025 RMBRMBUS$ Revenues: Vehicle sales38,88342,0125,865 Other sales and services10,5697,4381,039 Total revenues49,45249,4506,904 Cost of revenues: Vehicle sales(34,144)(34,901)(4,872) Other sales and services(6,769)(4,680)(654) Total cost of revenues(40,913)(39,581)(5,526) Gross profit8,5399,8691,378 Operating expenses: Research and development expenses(6,086)(5,054)(705) Selling, general and administrative expenses(6,638)(6,009)(839) Other operating income, net22222031 Total operating expenses(12,502)(10,843)(1,513) Loss from operations(3,963)(974)(135) Interest expense(287)(224)(31) Interest income1818211 Other (expense)/income, net(237)30142 Loss before income tax expense and share of losses in equity method investments(4,306)(815)(113) Share of income in equity method investments17727939 Income tax expense(355)(514)(72) Net loss(4,484)(1,050)(146) Less: income attributable to non-controlling interest374629 Net loss attributable to shareholders of Zeekr Group(4,858)(1,112)(155) ZEEKR INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME (CONTINUED) (Amounts in millions, except share/ADS and per share/ADS data and otherwise noted)Six Months Ended June 30June 30June 30 202420252025 RMBRMBUS$ Net loss per share attributed to ordinary shareholders: Basic and diluted(2.26)(0.43)(0.06) Weighted average shares used in calculating net loss per share: Basic and diluted2,150,933,4442,557,003,7072,557,003,707 Net loss per ADS attributed to ordinary shareholders: Basic and diluted(22.59)(4.35)(0.61) Weighted average ADS used in calculating net loss per ADS: Basic and diluted215,093,344255,700,371255,700,371 Net loss(4,484)(1,050)(146) Other comprehensive income, net of tax of nil: Foreign currency translation adjustments247(3)0 Comprehensive loss(4,237)(1,053)(146) Less: comprehensive income attributable to non-controlling interest374395 Comprehensive loss attributable to shareholders of Zeekr Group (4,611)(1,092)(151) ZEEKR INC. UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (Amounts in millions, except share/ADS and per share/ADS data and otherwise noted)Three Months Ended June 30March 31June 30June 30 2024202520252025 RMBRMBRMBUS$ (Loss)/income from operations(2,269)(1,259)28539 Share-based compensation expenses944123304 Non-GAAP (loss)/income from operations(1,325)(1,136)31543 Net loss(2,569)(763)(287)(40) Share-based compensation expenses944123304 Non-GAAP net loss(1,625)(640)(257)(36) Net loss attributable to ordinary shareholders(2,876)(718)(394)(55) Share-based compensation expenses944123304 Non-GAAP net loss attributable to ordinary shareholders of Zeekr Group (1,932)(595)(364)(51)Weighted average number of ordinary shares used in calculating Non-GAAP net loss per share Basic and diluted2,301,866,8872,552,901,6682,561,060,6692,561,060,669 Non-GAAP net loss per ordinary share attributed to ordinary shareholders Basic and diluted(0.84)(0.23)(0.14)(0.02) Weighted average number of ADS used in calculating Non-GAAP net loss per ADS Basic and diluted230,186,689255,290,167256,106,067256,106,067 Non-GAAP net loss per ADS attributed to ordinary shareholders Basic and diluted(8.39)(2.33)(1.42)(0.20) ZEEKR INC. UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (Amounts in millions, except share and per share data and otherwise noted)Six Months Ended June 30June 30June 30 202420252025 RMBRMBUS$ Loss from operations(3,963)(974)(135) Share-based compensation expenses94715321 Non-GAAP loss from operations(3,016)(821)(114) Net loss(4,484)(1,050)(146) Share-based compensation expenses94715321 Non-GAAP net loss(3,537)(897)(125) Net loss attributable to ordinary shareholders(4,858)(1,112)(155) Share-based compensation expenses94715321 Non-GAAP net loss attributable to ordinary shareholders of Zeekr Group (3,911)(959)(134)Weighted average number of ordinary shares used in calculating Non-GAAP net loss per share Basic and diluted2,150,933,4442,557,003,7072,557,003,707 Non-GAAP net loss per ordinary share attributed to ordinary shareholders Basic and diluted(1.82)(0.38)(0.05) Weighted average number of ADS used in calculating Non-GAAP net loss per ADS Basic and diluted215,093,344255,700,371255,700,371 Non-GAAP net loss per ADS attributed to ordinary shareholders Basic and diluted(18.18)(3.75)(0.52) View original content: SOURCE ZEEKR Intelligent Technology Holding Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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4 minutes ago
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Hapag-Lloyd (ETR:HLAG) jumps 3.9% this week, though earnings growth is still tracking behind five-year shareholder returns
Explore Hapag-Lloyd's Fair Values from the Community and select yours While Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 20% in the last quarter. But that doesn't change the fact that the returns over the last five years have been very strong. Indeed, the share price is up an impressive 140% in that time. We think it's more important to dwell on the long term returns than the short term returns. Ultimately business performance will determine whether the stock price continues the positive long term trend. Unfortunately not all shareholders will have held it for five years, so spare a thought for those caught in the 55% decline over the last three years: that's a long time to wait for profits. After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Hapag-Lloyd achieved compound earnings per share (EPS) growth of 54% per year. This EPS growth is higher than the 19% average annual increase in the share price. So it seems the market isn't so enthusiastic about the stock these days. The reasonably low P/E ratio of 9.23 also suggests market apprehension. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that Hapag-Lloyd has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts. What About Dividends? It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Hapag-Lloyd, it has a TSR of 292% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! A Different Perspective While the broader market gained around 42% in the last year, Hapag-Lloyd shareholders lost 7.2% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 31%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Case in point: We've spotted 2 warning signs for Hapag-Lloyd you should be aware of, and 1 of them shouldn't be ignored. Of course Hapag-Lloyd may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
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- Yahoo
Cabka Reports First Half 2025 Earnings
Explore Cabka's Fair Values from the Community and select yours Cabka (AMS:CABKA) First Half 2025 Results Key Financial Results Revenue: €86.5m (down 8.4% from 1H 2024). Net loss: €4.70m (loss widened by 147% from 1H 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Cabka Earnings Insights Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Packaging industry in Europe. Performance of the market in the Netherlands. The company's shares are down 2.6% from a week ago. Risk Analysis It is worth noting though that we have found 1 warning sign for Cabka that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
