蔚来：预计2025第四季度盈利

Core Viewpoint - The company expects to achieve adjusted operating profit for the first time in a single quarter by Q4 2025, indicating a significant turnaround from previous losses [1] Financial Performance - The company anticipates adjusted operating profit (non-GAAP) between approximately RMB 700 million (about USD 100 million) and RMB 1.2 billion (about USD 172 million) for Q4 2025 [1] - In contrast, the company reported an adjusted operating loss (non-GAAP) of RMB 5.5436 billion for Q4 2024 [1] - According to GAAP, the company expects to record an operating profit of approximately RMB 200 million (about USD 29 million) to RMB 700 million (about USD 100 million) for Q4 2025 [1]