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小鹏集团

17.66

-0.2100-1.18%

盘后：17.700.0400+0.23%19:59 EDT

成交量：668.96万

成交额：1.17亿

市值：168.63亿

市盈率：-103.20

高：17.76

开：17.31

低：17.22

收：17.87

52周最高：28.24

52周最低：15.38

股本：9.55亿

流通股本：6.70亿

量比：1.45

换手率：1.00%

股息：- -

股息率：- -

每股收益(TTM):-0.1711

每股收益(LYR):-0.1711

净资产收益率：-3.70%

总资产收益率：-1.78%

市净率：3.78

市盈率(LYR):-103.20

数据加载中...

总览公司新闻资讯公告

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经济参考报

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阿斯达克财经

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阿斯达克财经

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每日经济新闻

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老虎资讯综合

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自动驾驶的转折之年真的到来了？

华尔街见闻

《大行》里昂：小鹏(09868.HK)去年业绩符预期升目标价至80元

阿斯达克财经

首次单季盈利，小鹏汽车再砸70亿元重押“物理AI”

小摩：重申小鹏汽车-W(09868)“增持”评级看好AI布局及新车周期

小鹏汽车何小鹏：图灵芯片累计出货超20万片，今年全年出货量目标近100万片

国际金融报

【券商聚焦】招银国际维持小鹏汽车(09868/XPEV)“买入”评级料下半年人形机器人量产有望成为股价上涨的催化剂

小鹏(09868.HK)成立Robotaxi业务部旗舰SUV“小鹏GX”下季上市

阿斯达克财经

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阿斯达克财经

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14:42","pubTimestamp":1774420974,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，国泰海通发布研报称，美伊冲突推升全球油价，本轮油价周期下HEV、PHEV、BEV经济性优势扩大，有望驱动其在高油价地区渗透率提升，自主品牌或迎出口机遇。国泰海通主要观点如下：事件：2026年2月28日，美以对伊朗发动大规模军事行动，伊方宣布封锁霍尔木兹海峡，致海湾原油出口基本中断，推动全球原油价格大幅上涨。3月23日，布伦特原油现货价对比2月均价涨幅54.1%。风险提示地缘政治格局变化，海外新能源及进口政策变化。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1418630.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["LU0634319403.HKD","LU1794554557.SGD","LU0605514214.HKD","LU1282651121.HKD","IE00BD6J9T35.USD","IE00BZ08YT58.USD","LU0143863784.USD","LU1813983027.USD","LU0823039010.USD","LU1328277881.USD","LU1242518857.USD","BK1564","LU2294711713.HKD","BK1147","BK0188","LU0449515922.USD","LU0572944931.SGD","LU0326950275.SGD","BK1594","LU1719994722.HKD","LU0289960550.SGD","LU0327786744.USD","SG9999015952.SGD","GELYY","LU0543330566.HKD","BYDDY","LU2506951792.HKD","09868","LU0348735423.USD","BK0276","LU0463099449.HKD","LU1242518931.SGD","LU0084288322.USD","LU2348774022.SGD","LU2778985437.USD","LU0594300419.USD","LU0043850808.USD","BK0028","LU0254981946.USD","BK1588","LU1880383366.USD","LU0244354667.USD","BK0201","600104","IE00B0JY6N72.USD","LU0865486749.SGD","LU1720050803.USD","LU0516422440.USD","LU1961090484.USD","LU0164872284.USD","LU0823038988.USD","LU0359201885.HKD","LU0650527681.SGD","LU2097828805.USD","LU0289739343.SGD","LU0588545730.USD","LU2449936058.SGD","HYDD.SI","LU0823426308.USD","LU0871576103.HKD","LU0594300179.USD","LU0708995583.HKD","LU0856984785.SGD","LU0211977185.USD","XPEV","LU2097828714.EUR","LU2399975544.HKD","09863","LU1224444064.USD","BK1589","LU1303224171.USD","LU1868838027.USD","LU2249611893.SGD","BK1539","LU2039709279.SGD","SG9999006514.SGD","LU0417516902.SGD","SG9999002828.SGD","LU1188198961.HKD","BK1575","SG9999014674.SGD","LU0359202008.SGD","LU0165289439.USD","LU1868837565.USD","LU2153592121.USD","LU0516422952.EUR","LU0979878070.USD","LU0269904917.USD","LU0052750758.USD","EVS.SI","LU0540923850.HKD","SG9999015978.USD","LU1880383440.USD","LU0417516738.SGD","01211","LU0315178854.USD","LU0588545904.SGD","BK1587","LU0259732245.USD","LU0289961442.SGD","LU0823414478.USD","LU0511384066.AUD","BK1540","LU0516423174.USD","LU0588546209.SGD","LU0516423091.SGD","LU0314109678.HKD","LU1808992512.USD","BK1119","LU0348825331.USD","LU0469268626.HKD","LU2476274720.SGD","BK1509","BK1521","LU1868837722.USD","LU2357125470.USD","LU2097828474.EUR","LU0531970944.HKD","SG9999015986.USD","00175","LU2476274308.USD","LU0588545490.SGD","IE00BZ08YR35.GBP","LU0823426480.USD","LU2360107325.USD","LU0505663152.USD","LU0348827113.USD","IE00BZ08YS42.EUR","LU1861214812.USD","LU0348805143.USD","LU0315179316.USD","SG9999006597.SGD","LU0531971595.HKD","LU0593848301.USD","LU0143863198.USD","LU0516422366.SGD","BK1582","SG9999002463.SGD","LU2097828631.EUR","LU0819121731.USD","LU1023057109.AUD","LU1282651048.USD","LU0039217434.USD","LU0293314216.USD","LU0307460666.USD","LU0823414551.USD","SG9999015945.SGD","SG9999001226.SGD","BK0183","LU1251922891.USD","LU0359201612.USD","81211","LU0054450605.USD","LU0320764599.SGD","BK0184","LU0164865239.USD","BK0012","LU1770034418.SGD","LU0214875030.USD","LU1861219969.SGD","80175","LU0449509016.USD","LU0509642566.USD","LU0828238088.HKD","LU2097828557.USD","002594","LU0561508036.HKD","LU0175139822.USD","BK1610","BK1522","LU0819123356.HKD","LU0229945570.USD"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2622015622","title":"整车企业2025年年报陆续发布：两巨头营收超3000亿元 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15:21","pubTimestamp":1774336885,"startTime":"0","endTime":"0","summary":"消息面上，近期，国际原油价格持续高位震荡，显著放大新能源汽车在海外市场的全生命周期使用成本优势。国联民生证券发布研报称，油价上行强化新能源优势，头部车企出口超预期，预计3月新能源出口增速将持续向上，看好整车出海大趋势。预计3月汽车需求有望企稳回升，看好整车内需好转+出口向上的投资机会。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":"f94d6dfc2aef87541d90db98418ffc4f","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1417958.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["IE00BD6J9T35.USD","LU0650527681.SGD","LU2506951792.HKD","LU0823038988.USD","01211","SG9999002463.SGD","LU0039217434.USD","LU0516423091.SGD","LU2097828557.USD","LU0143863784.USD","LU2249611893.SGD","SG9999006514.SGD","LU0052750758.USD","SG9999006597.SGD","SG9999014674.SGD","LU0449509016.USD","LU0269904917.USD","BK1587","LU1868837722.USD","LU1242518857.USD","LU2294711713.HKD","IE00B0JY6N72.USD","LU0348827113.USD","LU0417516738.SGD","LU0708995583.HKD","LU0509642566.USD","LU2357125470.USD","LU1868838027.USD","LU0359201612.USD","LU0348735423.USD","LU0588546209.SGD","LU2360107325.USD","LU0289960550.SGD","LU0211977185.USD","LU2097828474.EUR","LU1794554557.SGD","LU2097828631.EUR","LU0043850808.USD","LU0588545730.USD","LU0175139822.USD","LU0979878070.USD","LU0293314216.USD","LU1813983027.USD","LU1868837565.USD","LU0307460666.USD","LU0516422952.EUR","LU1770034418.SGD","XPEV","BYDDY","LU0320764599.SGD","SG9999015986.USD","09868","LU0314109678.HKD","LU0229945570.USD","LU2449936058.SGD","BK1521","BK1509","LU1282651048.USD","BK1582","BK1589","LU0561508036.HKD","LU1251922891.USD","LU2039709279.SGD","LU0823414551.USD","LU1023057109.AUD","SG9999001226.SGD","LU1861214812.USD","LU1961090484.USD","LU0819123356.HKD","LU0594300179.USD","LU0084288322.USD","LU1188198961.HKD","BK1539","LU0516422440.USD","EVS.SI","LU0605514214.HKD","LU2778985437.USD","BK1575","LU1808992512.USD","LU0823414478.USD","LU1880383440.USD","BK1540","LU2097828805.USD","BK4588","LU1328277881.USD","SG9999015952.SGD","BK1119","LU2153592121.USD","SG9999015978.USD","LU1880383366.USD","SG9999015945.SGD","LU0214875030.USD","02015","LU2476274720.SGD","LU0819121731.USD","LU0054450605.USD","LU0359202008.SGD","BK1610","LU1720050803.USD","LU0572944931.SGD","LU0516423174.USD","LU0326950275.SGD","LU0531970944.HKD","LU0856984785.SGD","LU2097828714.EUR","LU2399975544.HKD","LU1861219969.SGD","LU0289961442.SGD","LU0531971595.HKD","LU0634319403.HKD","LU0359201885.HKD","IE00BZ08YR35.GBP","LU0348825331.USD","LU0871576103.HKD","LU0143863198.USD","LU0588545490.SGD","LU0327786744.USD","LU0348805143.USD","LU0289739343.SGD","BK4585","GELYY","LU0823039010.USD","LU0315178854.USD","LU0254981946.USD","LU0511384066.AUD","LU1224444064.USD","LU0315179316.USD","80175","LU0588545904.SGD","HYDD.SI","LU0543330566.HKD","LU2476274308.USD","LU0540923850.HKD","LU0259732245.USD","BK1588","LU0594300419.USD","LU0516422366.SGD","LU1242518931.SGD","IE00BZ08YT58.USD","LU0823426308.USD","LU0593848301.USD","BK1594","LU0417516902.SGD","002594","LU0449515922.USD","LU0865486749.SGD","LU2348774022.SGD","LU1303224171.USD","LU0463099449.HKD","LU0505663152.USD","81211","LU0165289439.USD","LU1282651121.HKD","LU1719994722.HKD","LU0469268626.HKD","LU0828238088.HKD","BK1522","LU0164865239.USD","IE00BZ08YS42.EUR","LU0244354667.USD","00175","LU0164872284.USD","SG9999002828.SGD","LI","LU0823426480.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2621375520","title":"小鹏汽车－Ｗ(09868)出现大手卖出8.64万股，成交价$72.85，涉资629.424万","url":"https://stock-news.laohu8.com/highlight/detail?id=2621375520","media":"阿斯达克财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2621375520?lang=zh_cn&edition=fundamental","pubTime":"2026-03-24 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11:14","pubTimestamp":1774322040,"startTime":"0","endTime":"0","summary":"招商证券国际研究报告指出，小鹏汽车-W四季度收入符合预期，其中归母净利润3.8亿元人民币(下同)，实现首次季度盈利。招商证券国际下调小鹏汽车今明两年销量预测各20%及22%，以反映一季度公司中低端车今年在新政策环境下短暂受压，新车周期延后至二季度开启。同时考虑AI相关研发加大投入，该行将小鹏2026至2028年利润预测分别调整为负9亿、正14亿、正23亿元。看好公司在人形机器人及Robotaxi两大AI赛道落地显著领先同业。","market":"sh","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20240520153540180_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20240520153540180_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1511775/latest-news/AAFN","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1511775/latest-news/AAFN","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["XPEV","09868","BK1119","BK1147","BK1564","BK1588","BK1610","LU0593848301.USD","BK1575","BK1539","BK1587"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2621103203","title":"招银国际：下调小鹏汽车-W(09868)港股目标价至94港元 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11:10","pubTimestamp":1774321812,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，招银国际发布研报称，下调小鹏汽车-W港股目标价16.8%，从113港元降至94港元，同时下调对其美股目标价至24美元，二者均维持“买入”评级。该行预测，因2026年第一季销量展望低于预期而将再次出现净亏损，但小鹏2026年出口目标增至9万台超此前预期。根据该行的供应链管道调查，小鹏计划在2026年底前生产2000台Iron机器人。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1417848.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["BK1575","LU0593848301.USD","BK1539","BK1610","BK4555","XPEV","BK4588","BK4099","BK1588","XPEG","EVS.SI","BK1587","BK4505","09868","BK4551","BK4526","BK1119","BK4585"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2621038839","title":"商务部部长王文涛会见大众汽车奥博穆；小鹏汽车成立Robotaxi业务部 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06:30","pubTimestamp":1774305002,"startTime":"0","endTime":"0","summary":"|2026年3月24日星期二|NO.1商务部部长王文涛会见大众汽车奥博穆据商务部官网3月23日消息，3月22日，商务部部长王文涛会见大众汽车集团管理董事会主席奥博穆，双方就大众在华经营发展及中德、中欧经贸关系等议题进行了交流。王文涛指出，中国“十五五”规划纲要将为外资提供广阔空间，希望大众把握机遇，为开拓全球市场赋能。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202603243681424168.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202603243681424168.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["LU0593848301.USD","VLKAY","BK4551","BK1588","BK4526","09868","BK1610","BK4555","BK1119","EVS.SI","XPEG","BK4099","BK4505","BK1575","BK1539","XPEV","BK1587"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2621080621","title":"海量财经丨蔚来、小鹏单季盈利破局 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05:49","pubTimestamp":1774302540,"startTime":"0","endTime":"0","summary":"近日，蔚来集团与小鹏汽车相继公布了2025年第四季度及全年财务业绩，两家头部造车新势力纷纷交出四季度扭亏为盈的成绩单。蔚来集团凭借多品牌战略的强势发力，四季度实现净利润2.83亿元，并在交付量上创下历史新高。与此同时，小鹏汽车在2025年第四季度实现净利润3.8亿元，这一里程碑式的突破扭转了市场对其长期亏损的担忧。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202603243681407510.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["LU0320764599.SGD","BK1575","BK4555","09866","EVS.SI","LU0708995583.HKD","BK4551","BK4585","BK4531","BK4574","BK1119","BK4505","BK1539","NIO","NIO.SI","BK4548","BK4581","XPEG","BK1587","09868","BK1610","NIOG","LU0052750758.USD","XPEV","BK4504","BK4534","LU0593848301.USD","BK4099","BK4509","BK4526","BK4532","BK1588","BK4588"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"1191320440","title":"热门中概股盘中持续拉升！小鹏汽车涨超7%，蔚来涨超6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1191320440","media":"老虎资讯综合","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1191320440?lang=zh_cn&edition=fundamental","pubTime":"2026-03-23 22:20","pubTimestamp":1774275607,"startTime":"0","endTime":"0","summary":"3月23日，热门中概股盘中持续拉升，$小鹏汽车(XPEV)$涨超7%，$蔚来(NIO)$涨超6%，$万国数据(GDS)$涨超4%，$阿里巴巴(BABA)$、$金山云(KC)$涨超3%。","market":"us","thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","type":0,"news_type":0,"thumbnails":["https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":"8bbc5cac4838cc3f8882abae8787dfed","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1587","BK4099","LU0052750758.USD","NIO.SI","DRAG","ASHR","BK4614","CWEB","XPEG","YANG","BK1119","BK4534","BK4588","09868","BK4505","ASHS","BK4574","BK4585","BK6125","CHAU","LU0320764599.SGD","BK4581","YINN","FXI","BK1575","BK4548","BK4555","BK1588","NIO","BK4526","NIOG","XPEV","09866","TTTN","BK4532","BK4551","HXC","LU0708995583.HKD","BK1610","CQQQ","LU0593848301.USD","LU0963586101.USD","BK1539","MCHI","BK4509","BK4531","KWEB","EVS.SI","BK4504"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1175975500","title":"美股新能源汽车股普涨！小鹏汽车涨超6%，特斯拉涨超3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1175975500","media":"老虎资讯综合","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1175975500?lang=zh_cn&edition=fundamental","pubTime":"2026-03-23 21:46","pubTimestamp":1774273582,"startTime":"0","endTime":"0","summary":"3月23日，美股新能源汽车股普涨，$小鹏汽车(XPEV)$涨超6%，$Rivian(RIVN)$涨近5%，$蔚来(NIO)$、$Stellantis 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15:25","pubTimestamp":1774250700,"startTime":"0","endTime":"0","summary":"将智能化的故事，升级为更宏大的“物理AI”叙事后，小鹏汽车正迎来一系列变化。飞行汽车、人形机器人与整车业务一同加速布局，共同构成小鹏的“物理AI”应用矩阵。业绩层面，2025年第四季度，小鹏汽车首次实现季度盈利；全年总收入达767.2亿元，创历史新高，净亏损收窄至11.4亿元。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202603233680860128.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202603233680860128.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["XPEV","BK4099","BK4526","LU0593848301.USD","BK1587","BK1610","BK1119","BK4505","BK1539","09868","BK1588","BK4551","XPEG","BK4555","EVS.SI","BK1575"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2621722040","title":"小摩：重申小鹏汽车-W(09868)“增持”评级 看好AI布局及新车周期","url":"https://stock-news.laohu8.com/highlight/detail?id=2621722040","media":"智通财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2621722040?lang=zh_cn&edition=fundamental","pubTime":"2026-03-23 14:27","pubTimestamp":1774247263,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，摩根大通发布研报称，按非non-GAAP准则计算，小鹏汽车-W2025财年全年盈利较该行及市场预期高出50%至70%，表现亮眼。小摩认为，小鹏与蔚来-SW是中国汽车行业的核心复苏交易对象，并视之为2026年具吸引力的买入机会。预期在领先的技术布局、强劲的2026年新车型周期、盈利能力持续改善、稳健的海外增长动力及多元化业务贡献支持下，小鹏股价有望进一步重估。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1417267.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["XPEG","BK4526","BK1119","09868","LU0593848301.USD","BK4551","XPEV","BK4555","BK4099","BK1575","BK1539","BK4505","EVS.SI","BK1587","BK1610","BK1588"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2621722270","title":"小鹏汽车何小鹏：图灵芯片累计出货超20万片，今年全年出货量目标近100万片","url":"https://stock-news.laohu8.com/highlight/detail?id=2621722270","media":"国际金融报","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2621722270?lang=zh_cn&edition=fundamental","pubTime":"2026-03-23 14:10","pubTimestamp":1774246243,"startTime":"0","endTime":"0","summary":"3月20日，小鹏汽车发布2025年第四季度及全年业绩会并召开线上业绩电话会议。财报显示，2025年全年，小鹏研发支出为94.9亿元，同比增长47%，其中AI相关研发投入为45亿元。会上，公司董事长何小鹏表示，第二代VLA模型性能提升，得益于自研图灵芯片与大模型、编译器的联合优化，实现有效算力10倍提升。自2025年三季度量产上车以来，图灵芯片累计出货量已超过20万片。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202603233680737960.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202603233680737960.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["BK4099","XPEV","LU0593848301.USD","BK4585","BK4505","XPEG","BK1610","BK4526","BK4555","BK1119","BK1539","EVS.SI","BK4551","BK4588","BK1587","BK1588","BK1575","09868","BK4535"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2621997724","title":"【券商聚焦】招银国际维持小鹏汽车(09868/XPEV)“买入”评级 料下半年人形机器人量产有望成为股价上涨的催化剂","url":"https://stock-news.laohu8.com/highlight/detail?id=2621997724","media":"金吾财讯","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2621997724?lang=zh_cn&edition=fundamental","pubTime":"2026-03-23 13:35","pubTimestamp":1774244139,"startTime":"0","endTime":"0","summary":"金吾财讯 | 招银国际研报指，小鹏汽车 4Q25收入同比提升38%至223亿元，创历史新高，较该机构的预测高5%，源于来自大众的技术研发服务收入和碳积分收入超预期。另外，2H26人形机器人量产有望成为股价上涨的催化剂：根据该机构的供应链渠道调研，小鹏计划在2026年底前生产2,000台Iron机器人。小鹏此前亦指引2030年实现人形机器人年销量100万台的目标，这或将带来翻倍的收入，而该机构目前仅在2027年的预测中反映了少量的机器人收入。","market":"us","thumbnail":"https://static.szfiu.com/news/20250109/YmUwNDEzZDkyZTQxMjdjZGQ1ZTFlYjEwODUyNTc4Njg4Nw==.jpg","type":0,"news_type":0,"thumbnails":["https://static.szfiu.com/news/20250109/YmUwNDEzZDkyZTQxMjdjZGQ1ZTFlYjEwODUyNTc4Njg4Nw==.jpg"],"rights":null,"property":["rate"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"1977030","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0593848301.USD","BK4505","BK1575","BK4555","EVS.SI","BK4526","09868","BK1588","BK4099","BK4551","BK1539","XPEV","BK1119","BK1587","BK1610","XPEG"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2621724381","title":"小鹏(09868.HK)成立Robotaxi业务部 旗舰SUV“小鹏GX”下季上市","url":"https://stock-news.laohu8.com/highlight/detail?id=2621724381","media":"阿斯达克财经","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2621724381?lang=zh_cn&edition=fundamental","pubTime":"2026-03-23 13:19","pubTimestamp":1774243140,"startTime":"0","endTime":"0","summary":"小鹏汽车-W(09868.HK) Robotaxi业务部今日(23日)成立。该部门负责统筹产品定义、项目集成、研发测试及营运工作，采用一级组织模式运作，高效协同和复用小鹏汽车各中心平台化资源。资料显示，小鹏上月将自动驾驶中心与智能座舱中心合并，成立“通用智能中心”，完成从技术底层到“统一基座”的转变。Robotaxi业务部的设立，关键是向应用层加速商业落地。小鹏透露，其搭载第二代VLA模型的大六座旗舰SUV小鹏GX已于上月开启L4级自动驾驶常态化道路测试，将于第二季度上市。(ta/a) (港股报价延迟最少十五分钟。沽空资料截至 2026-03-23 12:25。)AASTOCKS新闻","market":"sh","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20220118163338010_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20220118163338010_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1511407/latest-news/AAFN","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1511407/latest-news/AAFN","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["09868","XPEV","BK1587","BK1610","BK1575","BK1539","BK1588","BK1119","LU0593848301.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2621218377","title":"《大行》高盛：小鹏(09868.HK)首季收入指引胜预期 料投资者关注毛利率指引等","url":"https://stock-news.laohu8.com/highlight/detail?id=2621218377","media":"阿斯达克财经","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2621218377?lang=zh_cn&edition=fundamental","pubTime":"2026-03-23 12:14","pubTimestamp":1774239240,"startTime":"0","endTime":"0","summary":"高盛研究报告指，小鹏汽车(09868.HK) 2025年第四季毛利及EBIT均优于该行及市场预期，主要因服务及其他收入高于预期，以及政府补贴增加。虽然2026年首季交付量指引6.1万至6.6万辆较低，但收入指引122亿至132.8亿元人民币，则高于该行预期，可能受非汽车收入带动。该行预期投资者将关注小鹏汽车首季毛利率指引、人形机器人和自动驾驶的未来里程，以及全年新车型发布时间及海外扩张策略；现予“买入”评级及港股目标价85元。(ss/w)(港股报价延迟最少十五分钟。沽空资料截至 2026-03-20 16:25。)AASTOCKS新闻","market":"hk","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20220118163147653_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20220118163147653_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1511386/latest-news/AAFN","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1511386/latest-news/AAFN","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["BK1588","BK1610","BK1587","BK1119","BK1539","XPEV","LU0593848301.USD","BK1575","09868"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":20,"pageCount":6,"totalSize":400,"code":"91000000","status":"200"}]}}