Home / Business and Economy / SAIC Motor Delivers Strong H1 2025 Results, Profits Soar
SAIC Motor Delivers Strong H1 2025 Results, Profits Soar
29 Aug
Summary
- 12.4% rise in global vehicle deliveries to 2.053 million units
- Net profit up fivefold to CNY 5.43 billion
- 86% increase in operating cash flow to CNY 21 billion
In the first half of 2025, SAIC Motor, the Chinese state-owned automaker, has reported a strong performance. The company's global revenues increased by 5.2% to CNY 299.6 billion (US$ 42 billion), while global vehicle deliveries rose by 12.4% to 2.053 million units.
SAIC Motor's net profit attributable to shareholders amounted to CNY 6.02 billion, and its adjusted net profit surged fivefold year-on-year to CNY 5.43 billion. The company's operating cash flow also increased by 86% to just over CNY 21 billion during this period.
The company's management attributed this strong performance to recent structural reforms and improved domestic market conditions. Sales of SAIC's in-house brands rose by 21% to 1.3 million units, accounting for almost two-thirds of total deliveries. Additionally, sales of new energy vehicles (NEVs) surged by 40% to 646,000 units, while overseas sales, particularly of the MG brand in Europe, increased by 16% to 153,000 units.
SAIC Motor has also pushed ahead with internal restructuring, with greater integration of its in-house passenger and commercial vehicle brands helping to improve efficiency. The company has also reduced costs and shortened product development cycles to just 18 months with the help of Huawei Technologies' systems.
