Core Insights - Great Wall Motors (601633.SH) reported a revenue of 153.58 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 7.96% [1] - The company's net profit attributable to shareholders was 8.635 billion yuan, showing a year-on-year decline of 16.97% [1] - The non-recurring net profit was 5.475 billion yuan, down 34.39% year-on-year [1] - Basic earnings per share stood at 1.01 yuan [1] Financial Performance - Revenue for the first three quarters: 153.58 billion yuan, up 7.96% year-on-year [1] - Net profit attributable to shareholders: 8.635 billion yuan, down 16.97% year-on-year [1] - Non-recurring net profit: 5.475 billion yuan, down 34.39% year-on-year [1] - Basic earnings per share: 1.01 yuan [1]

Core Insights - Great Wall Motors reported a revenue increase in Q3 but experienced a significant decline in net profit, indicating challenges in profitability despite higher sales [1][2]. Financial Performance - The company achieved a revenue of 61.25 billion yuan in Q3, representing a year-on-year growth of 20.51% [1][2]. - Net profit attributable to shareholders was 2.30 billion yuan, down 31.23% compared to the previous year [1][2]. - Basic earnings per share were 0.27 yuan, a decrease from 0.39 yuan in the same period last year [2]. Sales and Expenses - Sales expenses surged to 7.95 billion yuan, a substantial increase of 55.74% from 5.11 billion yuan in the previous year [3]. - For the first nine months of the year, Great Wall Motors sold 919,800 vehicles, marking an 8.03% increase year-on-year [3]. - The sales of the Ora brand, targeting the female market, were disappointing, with only 30,000 units sold, down 30.12% year-on-year [3]. Brand Performance - The Haval, Great Wall Pickup, and Tank brands showed slight growth, while the high-end WEY brand experienced a remarkable increase of 99.85% [3]. - Overseas sales remained strong, with 334,200 units sold in the first nine months, accounting for 36.2% of total sales [3]. New Energy Vehicles - Great Wall Motors sold 278,500 new energy vehicles in the first nine months, representing 30.28% of total sales [3]. - The company's new energy vehicle penetration rate is projected to be 26.1% in 2024, still below the overall market penetration rate of approximately 50% [3].

Core Insights - Great Wall Motors (601633.SH) reported a revenue of 153.58 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 7.96% [1] - The company's net profit attributable to shareholders was 8.64 billion yuan, showing a year-on-year decline of 16.97% [1] - The non-recurring net profit was 5.48 billion yuan, which reflects a year-on-year decrease of 34.39% [1] - Basic earnings per share stood at 1.01 yuan [1]

格隆汇10月24日丨长城汽车(601633.SH)公布，公司第三季度实现总营业收入612.47亿元，同比增长 20.51%；归属于上市公司股东的净利润22.98亿元，同比下降31.23%；归属于上市公司股东的扣除非经 常性损益的净利润18.94亿元，同比下降30.23%；基本每股收益0.27元。 ...

Core Insights - Great Wall Motors reported a 20.51% year-on-year increase in revenue for Q3, reaching 61.25 billion RMB, while net profit attributable to shareholders decreased by 31.23% to 2.30 billion RMB [1][4]. Financial Performance - The total revenue for the first three quarters was 153.58 billion RMB, reflecting a 7.96% year-on-year growth [2]. - The net profit excluding non-recurring items for the same period was 5.48 billion RMB, showing a significant decline of 34.39% [2]. - Sales expenses surged to 7.95 billion RMB, up over 55% from 5.11 billion RMB in the previous year [2]. Cash Flow and Operational Efficiency - The net cash flow from operating activities reached 21.39 billion RMB, marking a substantial increase of 50.90% year-on-year [2]. - The improvement in cash flow is attributed to the direct sales model enhancing cash collection and adjustments in the bill strategy [2].

1-9月，实现营业总收入1535.82亿元，同比增长7.96%；归母净利润86.35亿元，同比减少16.97%；基本 每股收益1.01元。 智通财经APP讯，长城汽车(02333)发布第三季度业绩，实现营业总收入612.47亿元，同比增长20.51%; 归母净利润为22.98亿元，同比减少31.23%；基本每股收益0.27元。 ...

格隆汇10月24日丨长城汽车(02333.HK)公布2025年第3季度报告，2025年7-9月，集团营业总收入为人民 币612.47亿元，同比增长20.51%；归属于上市公司股东的净利润为人民币22.98亿元，同比减少 31.23%，基本每股收益为人民币0.27元。 报告期公司实现销量和营业收入的同比增长，同时加速构建直连用户的新渠道模式，以及加大新车型、 新技术的上市宣传及品牌提升，投入增加导致净利润波动。 2025年1-9月，集团营业总收入为人民币1535.82亿元，同比增长7.96%；归属于上市公司股东的净利润 为人民币86.35亿元，同比减少16.97%，基本每股收益为人民币1.01元。 ...

Core Viewpoint - Great Wall Motors (601633) reported its Q3 2025 financial results, showing a revenue increase but a decline in net profit, indicating a mixed performance amid strategic investments in new channels and models [1] Financial Performance - Q3 revenue reached 61.247 billion yuan, a year-on-year increase of 20.51% [1] - Q3 net profit was 2.298 billion yuan, a year-on-year decrease of 31.23% [1] - Revenue for the first three quarters totaled 153.582 billion yuan, reflecting a year-on-year growth of 7.96% [1] - Net profit for the first three quarters was 8.635 billion yuan, down 16.97% year-on-year [1] - Basic earnings per share stood at 1.01 yuan [1] Strategic Initiatives - The company is accelerating the development of direct user connection channels [1] - Increased investment in the promotion of new models and technologies, as well as brand enhancement, contributed to revenue fluctuations [1]

格隆汇10月24日｜长城汽车(601633.SH)公告称，2025年第三季度实现营业总收入612.47亿元，同比增长 20.51%；归属于上市公司股东的净利润为22.98亿元，同比下降31.23%。前三季度营收为1535.82亿元， 同比增长7.96%；净利润为86.35亿元，同比下降16.97%。本报告期公司实现销量和营业收入的同比增 长，同时因加速构建直连用户的新渠道模式，以及加大新车型、新技术的上市宣传及品牌提升，投入增 加导致收益波动。 ...

每经AI快讯，10月24日，长城汽车(601633.SH)公告称，2025年第三季度实现营业总收入612.47亿元，同 比增长20.51%；归属于上市公司股东的净利润为22.98亿元，同比下降31.23%。前三季度营收为1535.82 亿元，同比增长7.96%；净利润为86.35亿元，同比下降16.97%。本报告期公司实现销量和营业收入的同 比增长，同时因加速构建直连用户的新渠道模式，以及加大新车型、新技术的上市宣传及品牌提升，投 入增加导致收益波动。 ...