Overview
China Automotive Q2 2025 net sales rise 11.1% yr/yr to $176.2 mln
Income from operations increases 20.2% yr/yr to $13 mln
Net income attributable to shareholders up 6.8% to $7.6 mln
Outlook
Company raises full-year 2025 revenue guidance to $720 mln
China Automotive Systems sees Electric Power Steering (EPS) sales as growth driver
Company expects new European order to boost future sales
Result Drivers
EPS SALES GROWTH - Sales of EPS products increased by 31.1% yr/yr, now representing 41.4% of total product sales
BRAZIL SALES - Sales in Brazil surged 49.4% yr/yr, contributing 10.1% to total net sales
iRCB ORDERS - Record-setting pace of new orders for iRCB steering products, compatible with L2+ assisted driving
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| $176.20 mln |
|
Q2 EPS |
| $0.25 |
|
Q2 Net Income Attributable to Shareholders |
| $7.60 mln |
|
Q2 Gross Profit |
| $30.50 mln |
|
Q2 Operating Income |
| $13 mln |
|
Press Release: ID:nPn1tSkJka