HUAYU Automotive Systems Company (600741) Q4 2025 earnings summary

Executive summary

• Achieved consolidated revenue of RMB 183.999 billion in 2025, up 8.49% year-over-year; net profit attributable to shareholders reached RMB 7.207 billion, up 7.51% year-over-year.

• Maintained strong market position in automotive components, with significant growth in smart cockpit, chassis, and power platforms.

• Continued international expansion, with 97 overseas production bases and 12.17% of assets located abroad.

• Proposed a cash dividend of RMB 10 per 10 shares, totaling RMB 3.153 billion, representing 43.74% payout ratio.

Financial highlights

• Operating income: RMB 183.999 billion, up 8.49% year-over-year.

• Net profit attributable to shareholders: RMB 7.207 billion, up 7.51% year-over-year.

• Basic EPS: RMB 2.286, up 7.53% year-over-year; ROE: 11.16%.

• Operating cash flow: RMB 9.523 billion, up 15.72% year-over-year.

• Gross margin for main business: 11.85%, up 0.18 percentage points.

Outlook and guidance

• 2026 revenue target set at RMB 185 billion, with cost control measures to keep operating costs below RMB 162 billion.

• Focus on smart, electric core business, system integration, and global market expansion.

• Plans to enhance cost efficiency, risk management, and digital transformation.