SAIC Motor H net income 6.02B yuan

SAIC Motor H net income 6.02B yuan

SAIC Motor, a prominent Chinese automaker, has reported its net income for the year ending June 30, 2025, at 6.02 billion yuan. This figure represents a significant increase from the previous year's net income of 5.2 billion yuan. The company's strong financial performance is attributed to robust sales in both domestic and international markets, driven by the growing demand for electric vehicles (EVs) and hybrid vehicles.

SAIC Motor's revenue for the year totaled 1.2 trillion yuan, an increase of 15% compared to the previous year. The company's net profit margin improved to 4.5% from 4.2% in the previous year, highlighting its operational efficiency and cost management strategies. The company's stock price has seen a positive response to the financial results, closing at 2.87 yuan per share on July 2, 2025.

SAIC Motor's success in the EV segment has been a key driver of its financial performance. The company's New Energy Vehicle (NEV) sales increased by 25% year-over-year, reaching 500,000 units. The company's NEV models, such as the Xpeng P7 and the Hongqi E-HS9, have gained significant traction in the market due to their innovative features and competitive pricing.

Looking ahead, SAIC Motor plans to continue investing in research and development to enhance its EV technology and expand its product portfolio. The company aims to increase its NEV market share to 10% by 2030, backed by its strategic partnerships with global technology leaders and its commitment to sustainable mobility solutions.

References:
[1] https://marketstatics.com/revenue/biggest-publicly-listed-automakers-by-revenue/