BAIC Motor's Q3 2025 net profit plummets amid revenue decline

BAIC Motor Corporation Limited recorded total operating income of RMB120,798,589,538.50 for the nine months ended September 30, 2025, a decrease from RMB144,020,790,320.54 in the same period of 2024. Total operating costs also saw a reduction, falling to RMB113,393,361,149.04 from RMB128,342,031,842.17. The company's net profit for the period was RMB4,476,818,623.27, a substantial drop from RMB10,290,153,163.31 reported in the corresponding period of 2024.

Net profit attributable to owners of the parent significantly decreased to RMB51,285,800.75, down from RMB3,101,731,228.83 in the prior year. Minority interests contributed RMB4,425,532,822.52 to net profit, compared to RMB7,188,421,934.48 previously. Total assets for the group stood at RMB161,833,785,041.33 as of September 30, 2025, a decrease from RMB172,044,268,404.22 at the end of 2024.

Current liabilities for the group were RMB71,916,094,573.87, a reduction from RMB84,289,737,014.80. Total shareholders' equity increased slightly to RMB79,223,704,504.12 from RMB78,481,473,256.99 at the end of 2024, reflecting a stable equity base despite the profit decline.