GAC Group reports significant profit decline in first half of 2025

Guangzhou Automobile Group Co., Ltd. experienced a challenging first half of 2025, with revenue decreasing by RMB42.611 bn, an approximate 7.88% year-on-year reduction. The company recorded a net loss attributable to shareholders of RMB-2.538 bn, a significant 267.39% decrease compared to the previous year, resulting in basic earnings per share of RMB-0.25. Total production and sales volumes for the period reached 801.7 thousand and 755.3 thousand units respectively, marking year-on-year decreases of 6.73% and 12.48%.

Despite market headwinds, the group advanced strategic transformations, including the launch of new models across its self-developed brands like Trumpchi S7, Trumpchi M8 QianKun, AION UT, and Hyptec HL. GAC Toyota introduced its first co-developed pure electric model, the bZ3X, and GAC Honda launched its strategic electric vehicle, the P7. Overseas terminal sales surpassed 50,000 units, expanding the global footprint to 84 countries.

Cash flow from operating activities saw a net outflow of RMB11.461 bn, an increase in net outflow of RMB13.309 bn, mainly due to declining sales. However, net cash outflow from investing activities decreased by RMB4.760 bn to RMB5.590 bn, attributed to increased recovery of investments. The company also completed the repurchase and cancellation of 26,048,350 restricted A shares and 118,404,000 H shares.