)
Ningbo Tuopu Group (601689) investor relations material
Ningbo Tuopu Group H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved revenue of RMB 29.58 billion in 2025, up 11.21% year-over-year; net profit attributable to shareholders was RMB 2.78 billion, down 7.38% year-over-year.
Operating cash flow increased 38.5% year-over-year to RMB 4.48 billion.
Completed acquisition of Wuhu Changpeng, enhancing market share in interior products.
Continued expansion in international markets with new production bases in Mexico, Poland, and Thailand.
Financial highlights
Revenue: RMB 29.58 billion (+11.21% YoY); Net profit: RMB 2.78 billion (-7.38% YoY).
Operating cash flow: RMB 4.48 billion (+38.5% YoY).
Gross margin for auto parts: 18.04%, down 1.38 percentage points YoY.
R&D expenses: RMB 1.50 billion (+22.2% YoY), representing 5.06% of revenue.
Total assets: RMB 43.93 billion (+17.02% YoY); Net assets: RMB 24.10 billion (+23.26% YoY).
Outlook and guidance
Focus on expanding global production capacity, especially in Thailand, Mexico, and Poland.
Continued investment in R&D and digital manufacturing.
Plans to list H-shares in Hong Kong to support internationalization.
Anticipates further growth in international and domestic EV markets.
- H1 2024 revenue and profit rose over 33% on NEV demand, innovation, and global expansion.601689
H1 202417 Dec 2025 - Revenue up, profit down; strong cash flow and capacity expansion amid margin pressure.601689
H1 202517 Dec 2025 - Revenue and net profit surged over 35% and 39% year-over-year, with robust global expansion.601689
H2 202417 Dec 2025 - Revenue up 8.14% but net profit down 11.97% year-over-year; cash flow improved sharply.601689
Q3 202531 Oct 2025 - Q3 revenue rose 42.85% and net profit jumped 54.63% year-over-year, driven by robust sales.601689
Q3 202413 Jun 2025 - Revenue up, profit down as margins tighten; major bond conversion boosts equity.601689
Q1 20256 Jun 2025
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)