SAIC Motor Forecasts Over 4-Fold Net Profit Surge in 2025, NEV Sales Top 1.64 Million

SAIC Motor Corporation Limited recently released its earnings forecast, expecting net profit attributable to shareholders for 2025 to reach RMB 9.0–11.0 billion, a year-over-year surge of 438%–558%. Its net profit excluding non-recurring gains and losses is projected at RMB 7.0–8.2 billion, up 229%–251% year-on-year. This significant earnings growth is primarily driven by two factors: first, a gain of RMB 5.178 billion from the equity transfer and capital increase of JSW MG Motor India; and second, a RMB 7.874 billion reduction in profit due to asset impairment provisions recorded by SAIC-GM. In 2025, the company’s wholesale vehicle sales reached 4.5075 million units, an increase of 12.32% year-over-year, making SAIC one of only two automakers in China to achieve double-digit growth. Retail sales totaled 4.67 million units, with self-owned brands accounting for 65% (2.928 million units). New energy vehicle (NEV) sales hit 1.643 million units, and overseas sales exceeded 1.07 million units. As of the close on the 15th, SAIC Motor’s share price stood at RMB 14.87 per share, giving the company a total market capitalization of RMB 170.9 billion.