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More than 60% of A-share vehicle companies achieved growth in net income in the first quarter, with policy dividends and technological breakthroughs being the driving forces for this growth.
① Among the 16 A-share listed automobile companies, 10 companies achieved year-on-year growth in net income attributable to the parent company in the first quarter of 2025, accounting for 62.5%. ② BYD led with a growth rate of 100.38%, SAIC Group's net income increased by 11.40% year-on-year, and Chongqing Changan Automobile's net income attributable to the parent company surged by 601.31% year-on-year.
Investors Can Find Comfort In BAIC Motor's (HKG:1958) Earnings Quality
The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.
① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.
BAIC Motor's Profit Drops in Q1
Peking Autos (01958) recommends reappointing Ernst & Young and Ernst & Young Hua Ming as international auditors and domestic auditors.
Peking Autos (01958) announced the resolution to reappoint Ernst & Young Accounting Firm (Ernst & Young) and Ernst & Young Hua Ming Accounting...
Express News | BAIC Motor Corp Ltd - Total Operating Income for Q1 2025 RMB 42.44 Bln