Listed car companies have seen increasing performance divergence in the first three quarters, with new energy vehicles becoming a key breakthrough.

According to statistics from reporters, a total of 20 listed vehicle companies in the Shanghai and Shenzhen markets have released their third quarter reports for 2025. The overall performance is relatively stable, with 14 of the companies achieving profits, accounting for 70%. Specifically, 10 companies have achieved an increase in net profit compared to the same period last year, with only 9 of them being profitable and seeing an increase in net profit, accounting for 45% of the total number of companies. During the first three quarters of this year, Geely Automobile, SAIC Motor, and BYD have achieved a high completion rate in sales, exceeding 70%. In terms of profitability, BYD, Great Wall Motors, and SAIC Motor are the top three companies in terms of net profit, achieving profits of 23.33 billion yuan, 8.63 billion yuan, and 8.1 billion yuan respectively, making them the top three most profitable vehicle companies. Zhang Fan, partner of Deke Advanced Manufacturing and Travel Industry, told reporters that the completion rate of sales targets is an intuitive indicator, but its level cannot simply be equated with whether a company's performance is excellent or not. Companies have different judgments on market trends, their own production capacity, and competitive landscape, so objective evaluations should be made. "However, it cannot be denied that new energy business has become a key variable in determining the completion rate of a company's goals."