Shandong Linglong Tyre (601966) Q2 2025 earnings summary

Executive summary

• Revenue increased 13.80% year-over-year to RMB 11.81 billion, driven by higher sales volume.

• Net profit attributable to shareholders declined 7.66% year-over-year to RMB 854 million.

• Cash flow from operating activities dropped sharply by 95.05% year-over-year.

• The company maintained its industry-leading position in global OEM supply and new energy vehicle tire markets.

• Strategic expansion included a new manufacturing base in Brazil, furthering the global “7+5” layout.

Financial highlights

• Operating income: RMB 11.81 billion, up 13.80% year-over-year.

• Net profit attributable to shareholders: RMB 854 million, down 7.66% year-over-year.

• Operating cash flow: RMB 41.28 million, down 95.05% year-over-year.

• Basic and diluted EPS: RMB 0.58, down 7.94% year-over-year.

• Gross margin and net margin declined due to higher raw material costs and global trade barriers.

Outlook and guidance

• The company expects continued growth in global OEM and new energy vehicle tire markets.

• Ongoing cost pressures from raw material price volatility and international trade barriers are anticipated.

• Strategic focus remains on global expansion, digital transformation, and green manufacturing.