Chery Automobile (9973) Q4 2025 earnings summary

Executive summary

• Achieved strong revenue growth of 11.3% year-over-year to RMB300,287 million, driven by robust sales of passenger vehicles and automotive parts.

• Net profit surged 36.1% to RMB19,507 million, with net profit margin improving to 6.5% from 5.3% year-over-year.

• Maintained a balanced product mix between ICE vehicles and NEVs, with NEV revenue share rising to 32.6%.

• Expanded global footprint with 12 production bases and strengthened overseas sales and service networks.

Financial highlights

• Revenue: RMB300,287 million (up 11.3% year-over-year).

• Gross profit: RMB41,443 million (up 14.1% year-over-year); gross margin at 13.8%.

• Profit for the year: RMB19,507 million (up 36.1% year-over-year).

• Basic EPS: RMB3.43 (up 32.9% year-over-year).

• Final dividend proposed: RMB0.86 per share.

Outlook and guidance

• Plans to expand product lineup, invest in next-generation technologies, and enhance electrification and intelligentization in 2026.

• Focus on strengthening brand equity and global market leadership, especially in NEVs.