)
Zhongsheng Group Holdings (881) investor relations material
Zhongsheng Group Holdings H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for 1H2025 was RMB77.32 billion, down 6.2% year-over-year, mainly due to declines in new and pre-owned automobile sales revenue.
Net profit attributable to owners was RMB1.01 billion, a 36.0% decrease year-over-year, with basic EPS at RMB0.427.
Gross profit fell 14.6% to RMB4.21 billion, and gross margin declined to 5.4% from 6.0% a year earlier.
After-sales services revenue grew 4.4% to RMB11.45 billion, with gross profit up 8.1% to RMB5.44 billion and gross profit margin in this segment reaching 47.4%.
The company continued its strategic focus on premium auto services, local market density, and brand concentration.
Financial highlights
New automobile sales revenue dropped 4.7% to RMB57.93 billion; pre-owned sales revenue fell 27.0% to RMB6.01 billion.
EBITDA for 1H2025 was RMB3.17 billion, down from RMB4.21 billion in 1H2024.
Operating profit was RMB1.91 billion, down 30.9% year-over-year; operating margin was 2.5%.
Free cash flow improved to RMB3.97 billion in 1H2025 from RMB1.70 billion in 1H2024.
Net cash generated from operating activities was RMB5.95 billion, up significantly due to working capital release.
Outlook and guidance
Management expects new car margin improvement in the second half of 2025 as OEMs introduce new products and market consolidation continues.
After-sales services and premium segment growth are expected to drive future profitability.
Ongoing facility reshuffling is expected to normalize, with 19 new stores in the pipeline, mainly premium brands.
Next Zhongsheng Group Holdings earnings date
Next Zhongsheng Group Holdings earnings date
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
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)