Great Wall Motor's Net Profit in Q1 2026 Decreases by 46.01% to 946 Million Yuan

IT Home reported on April 24 that Great Wall Motor has released its latest Q1 2026 report, with IT Home summarizing as follows:

Operating Revenue45.09 billion yuan, an increase of 12.72% year-on-year.

Net Profit Attributable to Parent CompanyRMB 946 million, down 46.01% year-over-year

Net profit excluding non-recurring items4.82 billion yuan, a decrease of 67.19% year-on-year.

Operating Cash Flow3.271 billion yuan

Basic earnings per share0.11 yuan per share, a decrease of 47.62% year-on-year.

Diluted Earnings Per ShareRMB 0.11 per share, down 47.62% year-over-year

Weighted Average Return on Net Assets: 1.07%, down by 1.10 percentage points year-on-year

R&D expenses$2,241,597,301.44, an increase of 17.59% year-on-year

Great Wall Motor achieved in the first quarter of 2026Operating revenue of 45.109 billion yuan, an increase of 12.72% year-over-year; Achieving the net profit attributable to the shareholders of the listed company.946 million yuan, a decrease of 46.01% year-on-year; the net profit excluding non-recurring gains and losses for the shareholders of the listed company was482 million yuan, a decrease of 67.19% year-on-year.

Basic earnings per share was 0.11 RMB per share, a decrease of 47.62% year-over-year; diluted earnings per share was 0.11 RMB per share, a decrease of 47.62% year-over-year; the weighted average return on net assets was 1.07%, a decrease of 1.10 percentage points year-over-year. Net cash flow generated from operating activities was 3.271 billion RMB, compared to -8.980 billion RMB in the same period last year.

The year-on-year decline in net profit for the reporting period was primarily attributable to foreign exchange gains arising from exchange rate fluctuations in the same period of the prior year. In the current reporting period, the Company achieved year-on-year growth in sales volume and operating revenue, with the proportion of overseas sales increasing, thereby driving year-on-year improvements in revenue per vehicle and gross margin. The year-on-year increase in operating cash flow was mainly due to higher cash receipts from overseas sales.