Jiangling Motors Corporation (000550) Q3 2025 earnings summary

Executive summary

• Vehicle sales for the first three quarters of 2025 reached 260,957 units, up 7.73% year-over-year, with growth in light buses, trucks, pickups, and SUVs.

• Revenue for the first three quarters was RMB 27,289 million, down 1.59% year-over-year.

• Net profit attributable to equity holders for the first three quarters was RMB 749 million, down 35.76% year-over-year.

• Third quarter net profit attributable to equity holders dropped 93.94% year-over-year, mainly due to reversal of deferred income tax assets from a subsidiary's business adjustment.

Financial highlights

• Revenue for the first three quarters: RMB 27,289 million, down 1.59% year-over-year.

• Net profit attributable to equity holders: RMB 749 million, down 35.76% year-over-year.

• Net profit after deducting non-recurring items: RMB 467 million, down 56.95% year-over-year.

• Basic and diluted EPS for the first three quarters: RMB 0.87, down 35.56% year-over-year.

• Net cash from operating activities: RMB 202 million, down 88.30% year-over-year.

Segment performance

• Light buses: 70,773 units sold; trucks: 52,726; pickups: 45,404; SUVs: 92,054 in the first three quarters.