Geely Automobile (175) Q3 2025 earnings summary

Executive summary

• Achieved strong growth in Q3 2025, with simultaneous increases in fuel and new energy vehicle sales, driving a 43% YoY rise in total sales volume and a 27% YoY increase in revenue for the quarter.

• Profit attributable to owners rose 59% YoY in Q3 2025, reaching RMB3.8 billion; for the nine months ended 30 September 2025, profit was RMB13.11 billion, nearly flat YoY.

• Excluding non-recurring items, adjusted profit for the nine months was RMB10.62 billion, up 59% YoY.

Financial highlights

• Q3 2025 sales volume: 761,000 units, up 43% YoY; nine-month sales: 2,170,200 units, up 46% YoY.

• Q3 2025 revenue: RMB89.19 billion, up 27% YoY; nine-month revenue: RMB239.48 billion, up 26% YoY.

• Q3 2025 profit attributable to owners: RMB3.82 billion, up 59% YoY; nine-month profit: RMB13.11 billion, nearly unchanged YoY.

• Gross profit for nine months: RMB39.51 billion, up from RMB30.79 billion YoY.

Segment performance

• ZEEKR delivered 140,000 units in Q3 2025, up 13% YoY; revenue reached RMB31.6 billion, up 9.4% YoY.

• ZEEKR's gross profit margin improved to 19.0% in Q3 2025, up 5.1 percentage points YoY.