拆解比亚迪的利润账:压力之下,钱去哪了

21世纪经济报道
Apr 02

比亚迪的营收、利润一路狂飙三年后,首次踩下了利润的刹车。  比亚迪披露的业绩报告显示,2025年,比亚迪营收突破8040亿元,同比增长约15%;归母净利润却降至326亿元,同比下滑近19%,甚至低于市场预期的343亿元至352亿元之间。  即便如此,比亚迪的销量和归母净利润总额在体量上依旧领先吉利、奇瑞和长城。2025年,比亚迪销量超过460万辆,首次跻身全球车企集团销量前五。  这不是比亚迪...

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