BAIC Motor (1958) Q3 2025 earnings summary

Executive summary

• Total operating income for the nine months ended September 30, 2025, was RMB 120.8 billion, down from RMB 144.0 billion year-over-year.

• Net profit attributable to owners of the parent was RMB 51.3 million, a significant decrease from RMB 3.1 billion in the prior year period.

• Total comprehensive income attributable to shareholders of the parent was RMB 261.9 million, compared to RMB 4.8 billion year-over-year.

Financial highlights

• Operating profit for the period was RMB 7.57 billion, down from RMB 15.22 billion year-over-year.

• Net profit for the period was RMB 4.48 billion, compared to RMB 10.29 billion in the same period last year.

• Cash flows from operating activities were RMB 2.4 billion, a sharp decline from RMB 18.1 billion year-over-year.

• Net cash used in investing activities increased to RMB -6.7 billion from RMB -5.3 billion year-over-year.

• Net cash used in financing activities was RMB -4.5 billion, compared to RMB -9.5 billion in the prior year period.

Segment performance

• Minority interests accounted for RMB 4.43 billion of net profit, while profit attributable to owners of the parent was only RMB 51.3 million.