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Great Wall Motor Company (2333) investor relations material
Great Wall Motor Company Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating revenue for Q1 2026 rose 12.72% year-over-year to RMB 45.11 billion, driven by higher sales volume and increased overseas sales share.
Net profit attributable to shareholders dropped 46.01% year-over-year to RMB 945 million, mainly due to lower exchange gains compared to the prior year.
Net cash flow from operating activities improved significantly to RMB 3.27 billion from a negative RMB 8.98 billion in Q1 2025, reflecting stronger cash receipts from overseas sales.
Financial highlights
Total operating revenue: RMB 45.11 billion, up 12.72% year-over-year.
Net profit attributable to shareholders: RMB 945 million, down 46.01% year-over-year.
Net profit after deducting non-recurring gains/losses: RMB 482 million, down 67.19% year-over-year.
Basic and diluted EPS: RMB 0.11, down 47.62% year-over-year.
Net cash flow from operating activities: RMB 3.27 billion, a significant turnaround from last year.
Outlook and guidance
Revenue per vehicle and gross profit margin increased year-over-year, supported by overseas expansion.
Management highlights continued focus on overseas sales growth and operational efficiency.
- Revenue rose 10.2% to RMB222.82 billion, but net profit dropped 22.1% to RMB9.87 billion.2333
H2 202527 Mar 2026 - Net profit soared 420% on 31% revenue growth, led by overseas and NEV sales.2333
H1 20241 Dec 2025 - Net profit jumped 80.8% to RMB12.69 billion on record revenue and strong NEV, export growth.2333
H2 20241 Dec 2025 - Net profit surged 109% year-over-year to RMB 10.43 billion on strong sales and product mix.2333
Q3 20241 Dec 2025 - H1 2025 revenue up 0.99% YoY, net profit down 10.21%, NEV sales up 23.64%.2333
H1 20251 Dec 2025 - Net profit fell 45.6% in Q1 2025 as sales dropped during a product upgrade cycle.2333
Q1 20251 Dec 2025 - Revenue up 20.5% in Q3, but net profit down 31.2% year-over-year amid higher investments.2333
Q3 202524 Oct 2025
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