两项关键利润指标同时预计为正，传递出强劲的运营改善信号。但蔚来第四季度及2025财年业绩尚未正 式披露，该公司净利润情况仍然有待进一步确认。 在刚刚过去的2025年，蔚来公司全年交付量达到326,028辆，同比增长46.9%。蔚来公司将Q4预期调整 后的营业利润（非公认会计准则）主要归因于公司在2025年第四季度销售量的持续增长，由有利的产品 组合推动的车辆利润优化，以及公司持续的全面成本削减努力及运营效率的持续提升。 得益于新款ES8持续的订单支撑，蔚来于今年1月交付了27182辆，同比增96.1%。 美股港股齐涨。 受蔚来公司（NYSE: NIO; HKEX: 9866; SGX: NIO）单季度盈利消息影响，该公司港股开盘上涨超 5.5%。此前，蔚来美股已收盘上涨5.86%，显示出资本市场对其财务改善的积极回应。 该公司的盈利预告称，根据对未经审计合并管理账目及董事会目前可得资料所作的初步评估，预计于 2025年第四季度录得经调整经营利润（非公认会计准则）（界定为剔除股权激励费用后的经营利润）， 介乎约人民币7亿元（约1亿美元）至12亿元（约1.72亿美元），此为该公司首次录得单季度经调整经营 利润（非 ...

每经AI快讯，蔚来-SW(09866.HK)涨超6%，截至发稿，涨6.07%，报38.76港元，成交额7700.5万港元。 ...

Group 1 - The new consumption concept stocks in the Hong Kong market are showing localized strength, with notable gains in specific companies [1] - "Hushang Auntie" (02589.HK) has increased by over 4%, indicating positive market sentiment [1] - Other companies such as NIO-SW (09866.HK), Weilong (09985.HK), Cha Bai Dao (02555.HK), and Gu Ming (01364.HK) have also experienced upward movement in their stock prices [1]

港股 新能源车企股涨跌互现，蔚来-SW(09866.HK)涨超5%，理想汽车(02015.HK)、零跑汽车(09863.HK) 跟涨；小鹏汽车(09868.HK)、小米集团(01810.HK)均跌超1%。 ...

港股新能源车企股涨跌互现，蔚来-SW(09866.HK)涨超5%，理想汽车(02015.HK)、零跑汽车(09863.HK) 跟涨；小鹏汽车(09868.HK)、小米集团(01810.HK)均跌超1%。 本文源自：金融界AI电报 ...

Core Viewpoint - The new consumption concept stocks in the Hong Kong market are showing localized strength, with several companies experiencing notable gains [1] Group 1: Stock Performance - "沪上阿姨" (Hushang Auntie, 02589.HK) has risen over 4% [1] - Other stocks such as "蔚来-SW" (NIO, 09866.HK), "卫龙" (Weilong, 09985.HK), "茶百道" (Chabaidao, 02555.HK), and "古茗" (Guming, 01364.HK) are also seeing upward movement [1]

消息面上，2月5日，蔚来发布2025年第四季度盈利预告，预计公司2025年第四季度录得经调整经营利润 （非公认会计准则）（界定为剔除股权激励费用后的经营利润），介于人民币7亿元（约1亿美元）至人 民币12亿元（约1.72亿美元）。 据悉，这是蔚来创立11年来首次录得单季度经调整经营利润（非公认会计准则）。对于2025年预计实现 盈利的原因，蔚来方面解释称，这主要归因于公司在2025年第四季度销量持续增长、有利的产品组合推 动汽车毛利率优化以及公司持续推行全面降本增效措施。 蔚来-SW(09866)涨超6%，截至发稿，涨6.07%，报38.76港元，成交额7700.5万港元。 ...

据悉，这是蔚来创立11年来首次录得单季度经调整经营利润（非公认会计准则）。对于2025年预计实现 盈利的原因，蔚来方面解释称，这主要归因于公司在2025年第四季度销量持续增长、有利的产品组合推 动汽车毛利率优化以及公司持续推行全面降本增效措施。 消息面上，2月5日，蔚来发布2025年第四季度盈利预告，预计公司2025年第四季度录得经调整经营利润 （非公认会计准则）（界定为剔除股权激励费用后的经营利润），介于人民币7亿元（约1亿美元）至人 民币12亿元（约1.72亿美元）。 智通财经APP获悉，蔚来-SW(09866)涨超6%，截至发稿，涨6.07%，报38.76港元，成交额7700.5万港 元。 ...

本文源自：金融界AI电报 港股蔚来-SW高开2.02%，公司预计将在2025年第四季度实现单季度盈利。按照公司测算，四季度经调 整后的经营利润预计为1亿元至7亿元人民币，这是蔚来自成立以来第一次在单个季度实现盈利。 ...

Core Viewpoint - NIO (09866.HK) announced a profit forecast for Q4 2025, expecting an adjusted operating profit (non-GAAP) between RMB 700 million (approximately USD 100 million) and RMB 1.2 billion (approximately USD 172 million), marking the first quarterly adjusted operating profit in the company's 11-year history [1][3]. Group 1: Financial Performance - In comparison, NIO recorded an adjusted operating loss of RMB 5.5436 billion in Q4 2024 [3]. - The company delivered approximately 326,000 new vehicles in 2025, with Q4 deliveries reaching about 124,800 units, a historical high and a year-on-year increase of 71.7%, contributing over 38% to the annual delivery total [5]. - According to GAAP, NIO expects to report an operating profit of RMB 200 million (approximately USD 29 million) to RMB 700 million (approximately USD 100 million) for Q4 2025 [8]. Group 2: Strategic Initiatives - The anticipated profitability in Q4 2025 is attributed to sustained sales growth, an advantageous product mix enhancing vehicle gross margins, and ongoing cost reduction and efficiency improvement measures [3]. - NIO's Chairman, Li Bin, expressed confidence in achieving profitability in Q4 2025 and set a goal for the company to achieve full-year profitability in 2026 [7]. - Li Bin described 2025 as a "strategically significant year" for the company, marking a transition to a new phase characterized by enhanced operational efficiency and quality [7]. Group 3: Market Reaction - Following the profit forecast announcement, NIO's stock price rose over 10% in pre-market trading, with a closing price of USD 4.44 per share, resulting in a market capitalization exceeding USD 11 billion [8].