Ge Long Hui·2026-01-23 12:26Core Viewpoint - Jiangling Motors (000550.SZ) reported a total vehicle sales increase of 10.56% year-on-year for 2025, despite a decline in net profit [1] Group 1: Sales Performance - In 2025, the company sold a total of 377,253 vehicles, which included 99,770 light passenger cars, 83,207 trucks, 59,681 pickups, and 134,595 SUVs [1] - The total sales volume increased by 10.56% compared to the previous year [1] Group 2: Financial Performance - The company achieved an operating revenue of 39.17 billion yuan in 2025, representing a year-on-year growth of 2.07% [1] - The net profit attributable to shareholders of the listed company was 1.188 billion yuan, reflecting a year-on-year decrease of 22.71% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 741 million yuan, down 45.35% year-on-year [1] Group 3: Business Adjustments - The decline in net profit is primarily attributed to business adjustments made by the company's subsidiary, Jiangling Ford Automotive Technology (Shanghai) Co., Ltd., which resulted in the reversal of previously recognized deferred tax assets [1]