Chongqing Changan Automobile Company (000625) investor relations material

Executive summary

• Revenue for Q3 2025 reached ¥42.24 billion, up 23.36% year-over-year; year-to-date revenue was ¥114.93 billion, up 3.58% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥764 million, up 2.13% year-over-year; year-to-date net profit was ¥3.06 billion, down 14.66% year-over-year.

• Net profit excluding non-recurring items for Q3 was ¥542 million, up 5.77% year-over-year; year-to-date was ¥2.02 billion, up 20.08% year-over-year.

Financial highlights

• Basic and diluted EPS for Q3 were ¥0.08, flat year-over-year; year-to-date EPS was ¥0.31, down 13.89% year-over-year.

• Gross margin and operating profit details not explicitly stated, but operating profit for the period was ¥2.40 billion.

• Cash flow from operating activities for Q3 was ¥1.55 billion, down 64.61% year-over-year.

• Net cash from investing activities for the first nine months was -¥7.86 billion, a significant decrease from +¥3.55 billion last year.

• Net cash and cash equivalents decreased by ¥8.86 billion year-to-date.

Outlook and guidance

• Increased sales expenses due to higher NEV sales and new product launches.

• Financial expenses improved due to higher exchange and interest income.

• Other income declined due to reduced government subsidies.