Zotye Automobile reports significant Q3 2025 net loss, assets decline

Zotye Automobile Co., Ltd. announced its Q3 2025 results, reporting a net loss attributable to shareholders of RMB -74,761,217.68 for the quarter, a 3.86% decrease year-on-year. For the nine-month period ending September 30, 2025, the net loss attributable to shareholders was RMB -222,636,561.24, an improvement of 33.13% compared to the same period last year. Operating revenue for Q3 2025 increased by 2.34% to RMB 139,259,892.37, with year-to-date operating revenue reaching RMB 419,352,199.78, up 8.98% year-on-year.

The company's total assets decreased by 6.55% to RMB 3,370,105,916.90 by the end of Q3 2025, from RMB 3,606,374,786.83 at the end of the previous year. Net assets attributable to shareholders saw a significant decline of 94.64%, falling to RMB 12,582,796.62 from RMB 234,841,183.41. Basic and diluted earnings per share for the nine-month period were RMB -0.04, an improvement of 42.86%.

Operating cash flow for the nine-month period remained negative at RMB -22,615,732.74, a 220.26% decrease. Key changes in the balance sheet included a 38.21% decrease in monetary funds due to reduced bank deposits and a 684.68% increase in investment properties attributed to increased industrial property holdings.