Anhui Jianghuai Automobile Group Corp (600418) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 was ¥30.87 billion, down 4.14% year-over-year.

• Net loss attributable to shareholders was ¥1.43 billion, a decline of 329.43% year-over-year.

• The company experienced significant losses due to intensified international competition and underperformance in high-end new energy vehicles.

Financial highlights

• Q3 revenue was ¥11.51 billion, up 5.54% compared to the same quarter last year.

• Net loss for Q3 was ¥661 million, a 303.95% increase in losses year-over-year.

• Basic and diluted EPS for the first nine months were both -0.66, down from 0.29 year-over-year.

• Operating cash flow for the first nine months was -¥2.45 billion, a 214.60% decline year-over-year.

• Gross margin and EBIT not explicitly disclosed.

Outlook and guidance

• Export business declined due to complex international conditions and increased overseas competition.

• High-end intelligent new energy vehicle projects remain in the ramp-up phase, not yet achieving scale benefits.