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Revenue for the first nine months rose 3.67% year-over-year to RMB 110.53 billion, with net profit up 31.56% to RMB 5.31 billion. Gross margin and profitability improved, driven by product innovation and capital expansion.
Original document: Seres Group Co. Ltd. Class A [601127] Interim report — Oct. 31 2025
Net profit attributable to shareholders rose 81% year-over-year to ¥2.94 billion, with improved gross margin and strong high-end EV sales, despite a 4% drop in total revenue. Major equity acquisition and increased R&D spending boosted net assets and innovation capacity.
Original document: Seres Group Co. Ltd. Class A [601127] Interim report — Aug. 30 2025
Net profit soared over 240% year-over-year despite a 28% revenue drop, driven by higher gross margins and interest income. Operating cash flow turned negative due to new product transition, but financing activities provided liquidity.
Original document: Seres Group Co. Ltd. Class A [601127] Interim report — Apr. 30 2025
Seres Group posted a 305% revenue surge and returned to profitability in 2024, driven by record NEV sales and improved margins. The company is focused on high-end branding, R&D, and digital transformation to sustain growth amid intensifying competition.
Original document: Seres Group Co. Ltd. Class A [601127] Annual Report — Apr. 30 2025
Revenue surged 305% to ¥145.18 billion and net profit reached ¥5.95 billion, driven by a 183% increase in NEV sales and improved gross margin. The company turned profitable, expanded its high-end product lineup, and maintained strong cash flow, while proposing a ¥0.97/share dividend.
Original document: Seres Group Co. Ltd. Class A [601127] Annual Report — Mar. 31 2025
Q3 2024 saw revenue surge 636% year-over-year to ¥106.63 billion, with net profit rebounding to ¥4.04 billion from a prior loss, driven by product mix optimization and robust sales. Cash flow and asset base also strengthened significantly.
Original document: Seres Group Co. Ltd. Class A [601127] Interim report — Oct. 29 2024
H1 2024 revenue surged 489.58% to RMB 65.04B, with net profit of RMB 1.62B, driven by NEV sales up 348.55%. Gross margin and cash flow improved, but risks remain from macro, policy, and competition factors.
Original document: Seres Group Co. Ltd. Class A [601127] Interim report — Aug. 24 2024
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