Zhejiang Shibao (1057) announced its 2025 third quarter results, reporting a 35.44% year-on-year increase in operating revenue to RMB2,461,803,297.02. Net profit attributable to shareholders of the listed company rose 33.66% to RMB149,674,563.13, while net profit after non-recurring gains and losses climbed 22.90% to RMB128,799,130.48. According to the announcement, the strong performance was mainly driven by the ongoing industry shifts toward electrification, intelligentization, and globalization, as well as higher market share in China-brand passenger cars.

During the period, net cash flows from operating activities surged by 4,082.45% to RMB191,968,801.70, benefiting from improved cash collection from sales. Total assets increased 12.51% to RMB3,673,194,719.73, while net assets attributable to shareholders stood at RMB2,043,396,352.45, up 5.16% compared to the end of 2024. Management highlighted that revenue growth also contributed to an overall gross profit increase and helped reduce the ratio of selling and administrative expenses to revenue.