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Guangzhou Automobile Group (2238) investor relations material
Guangzhou Automobile Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue from operations for Q1 2026 increased by 1.98% year-over-year to RMB 20.04 billion.
Net loss attributable to shareholders narrowed by 10.29% year-over-year to RMB -656 million.
Net profit after non-recurring items declined sharply, reflecting significant one-off impacts.
Financial highlights
Total profit for Q1 2026 was RMB -1.07 billion, a 16.28% improvement year-over-year.
Basic and diluted EPS improved to RMB -0.06 from RMB -0.07 year-over-year.
Net cash flow from operating activities improved significantly to RMB -3.25 billion from RMB -11.21 billion year-over-year.
Total assets rose 4.15% from year-end 2025 to RMB 223.86 billion.
Owners' equity attributable to shareholders decreased by 0.94% from year-end 2025.
Outlook and guidance
Net profit improvement attributed to disposal of equity interest and valuation premium, offset by exchange losses and higher interest expenses from green bond issuance.
Operating cash flow benefited from increased sales volume during the period.
- Revenue fell 10.4% and net loss reached RMB8.78 billion amid fierce competition and restructuring.2238
Q4 202527 Mar 2026 - Revenue and profit fell sharply, but overseas sales and gross margin improved.2238
Q2 20242 Dec 2025 - Net loss of RMB 731.6 million on 7.95% lower revenue, driven by weak sales and higher promotions.2238
Q1 20252 Dec 2025 - Sharp revenue and profit declines driven by intense competition and shifting demand.2238
Q3 202524 Oct 2025 - Revenue down 7.88% and net loss of RMB2.538 billion amid sales decline and fierce competition.2238
Q2 202526 Sep 2025 - Q3 saw a sharp net loss and revenue drop driven by lower vehicle sales and higher costs.2238
Q3 202413 Jun 2025 - Net profit plunged 81.4% on lower sales, but overseas and NEV growth outpaced the market.2238
Q4 20246 Jun 2025
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Next Guangzhou Automobile Group earnings date
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