Seres Group Reports 2025 Revenue of RMB165.05 Billion, Net Profit RMB5.96 Billion
Chinese luxury NEV maker Seres Group announced record annual revenue of RMB165.05 billion for 2025, up 13.7% year-on-year, with net profit attributable to shareholders reaching RMB5.96 billion.
RMB165.05 billion
RMB5.96 billion
RMB12.51 billion
What Happened
Seres Group, a leading luxury new energy vehicle manufacturer in China, reported its audited 2025 annual results on March 30, 2026. The company achieved revenue of approximately RMB165.05 billion, a 13.7% increase year-on-year, and net profit attributable to shareholders of around RMB5.96 billion. Gross profit margin for new energy vehicles was 28.8%, among the highest in the industry, reflecting strong pricing power and cost efficiency.
RMB165.05 billion
Up 13.7% year-on-year, a new record high.
RMB5.96 billion
Attributable to shareholders, achieving profitability for two consecutive years.
RMB12.51 billion
Up 77.4% year-on-year, supporting software-defined vehicle strategy.
- AITO M9: over 110,000 units, segment leader for two consecutive years
- AITO M8: over 150,000 units, top in RMB400,000 segment since launch
- AITO M7: over 110,000 units, awarded 'Annual National SUV'
Why this matters
The results show Seres is profitable for a second consecutive year, demonstrating strong demand for its premium AITO electric vehicles and significant R&D investment in software-defined vehicles.
Terms in This Story
- NEV
- New Energy Vehicle, a term for electric and plug-in hybrid vehicles in China.
- range-extended
- A type of plug-in hybrid vehicle that primarily uses an electric motor but has a small gasoline engine to recharge the battery while driving.
- gross profit margin
- The percentage of revenue left after subtracting the cost of goods sold, indicating profitability.
- MSCI
- Morgan Stanley Capital International, a provider of stock market indices and ESG ratings.
Summarised from the linked release; details can be imperfect — always verify against the original source.