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Geely Automobile (175) investor relations material
Geely Automobile Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2026 sales volume rose 7% YoY to 812,523 units; revenue grew 10% to RMB98.96bn, outpacing volume growth as exports and higher-value products lifted mix and average selling price.
Q3 profit attributable to owners increased 28% YoY to RMB4.84bn; 9M profit rose 7% to RMB13.93bn, while 9M core profit advanced 41% to RMB14.90bn.
Financial highlights
9M revenue was RMB272.56bn, up 13% YoY; gross profit reached RMB48.93bn versus RMB39.58bn in the restated prior period.
9M profit before tax increased to RMB16.72bn from RMB15.85bn; profit for the period was RMB14.00bn versus RMB13.09bn.
9M R&D expenses rose to RMB14.44bn from RMB11.72bn; distribution and selling expenses were RMB15.40bn versus RMB13.85bn.
Outlook and guidance
Directors expect sufficient financial resources to meet obligations for at least 12 months from 30 September 2026, based on cash-flow projections, financing resources and liquidity measures.
Net current liabilities improved to RMB8.745bn at 30 September from RMB15.042bn at 30 June, a RMB6.297bn or 42% reduction, driven by operating cash inflows and working-capital management.
- Record sales, NEV-driven growth, and core profit up 46% YoY amid global expansion.175
Q2 2026 - Revenue up 15% and core profit up 31% year-over-year, despite FX-driven profit decline.175
Q1 2026 - Record 2025 sales and profit support 2026 growth and export targets.175
Q4 2025 - Q3 2025 delivered 43% higher sales and 59% higher profit, driven by strong vehicle demand.175
Q3 2025 - Record NEV sales and global expansion drove strong revenue growth, despite lower net profit.175
Q2 2025 - Profit attributable to equity holders jumped 358% year-over-year on strong sales and revenue growth.175
Q3 2024 - Profit surged 575% on record sales, NEV growth, and Horse Powertrain JV gain.175
H1 2024 - Q1 2024 saw 49% sales growth, 56% revenue rise, and 119% net profit increase year-over-year.175
Q1 2024 - Record profit and NEV sales drive growth, with ambitious 2025 targets and global expansion.175
Q4 2024
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