Jiangling Motors' Q1 revenue dips slightly, profit plummets

Jiangling Motors (SZSE:000550) announced its first-quarter results for 2025, revealing a marginal revenue decrease to CNY 7,967,428,172 from CNY 7,974,792,045 year-over-year. Net profit attributable to shareholders experienced a steep decline of 36.56%, falling to CNY 305,997,821. Cash flow from operating activities showed a substantial increase, reaching -CNY 2,297,115,303 compared to -CNY 614,291,227 in the same period last year. Basic earnings per share also decreased to CNY 0.35, mirroring the decline in net profit. The company's total assets stood at CNY 27,247,466,311, a decrease of 11.65% compared to the end of the previous year. Vehicle sales increased 2.27% to 76,007 units.