Geely Automobile Holdings Limited · HKEX:175
Geely Automobile — H1 2025 Earnings Presentation
21 slides from Geely Automobile's earnings presentation, Aug 14, 2025
Slide 1: 2025 Interim Results
2025 INTERIM RESULTS GEELY AUTOMOBILE HOLDINGS LIMITED ( Incorporated in the Cayman Islands with limited liability ) Stock Codes：175（HKD Counter） and 80175（RMB Counter） 2025/08/14
Slide 2: Important Notice
IMPORTANT NOTICE The information contained herein is meant for presentation purposes only and may not be used and relied upon by any other party. It is not to be taken in substitution for the exercise of judgement. You shall be solely responsible for making your own independent investigation of the
Slide 3: Sales Volume Growth Outpacing Market, Market Share >10% for the First Time
Sales Volume Growth Outpacing Market, Market Share >10% for the First Time Sustained Revenue Growth, Core Pro t Attributable to Equity Holders Doubled Total Sales Volume in 2025 H1 Total Revenue in 2025 H1 1.409M Units 47% 150.3B 27% Total Sales Volume YoY Growth RMB YoY Growth Market Share in 2025
Slide 4: NEV Sales Volume Doubled & ICE Sales Volume Grew Against Trend
NEV Sales Volume Doubled & ICE Sales Volume Grew Against Trend, Driving Total Sales Volume to New Record High Dual Growth in NEV and ICE Vehicles Geely Galaxy Skyrocketing Growth NEV Export Volume YoY Surged 146% Driving Total Sales Volume to Record High（thousand units） Propelled NEV Sales Volume to
Slide 5: Sales Volume Growth Propelled Revenue & Gross Profits to New Highs
Sales Volume Growth Propelled Revenue & Gross Pro ts to New Highs NEV Pro tability Improved & Gross Pro t Margin Remained Stable Amid Market Competition Total Revenue（million RMB） Total Gross Pro t（million RMB） Gross Pro t Margin Sales of Vehicles Other Revenue +27% +24% -0.3%pt 150,285 15,686 24,71
Slide 6: Reductions in Selling & Administrative Expenses Ratios
Economies of Scale, Lean Management & Brand Integration Led to Remarkable Reductions in Selling & Administrative Expenses Ratios Distribution & Selling Expense Ratio Administrative Expense Ratio -16% -26% 6.6% 5.6% 2.6% 1.9% 2024H1 2025H1 2024H1 2025H1
Slide 7: Brand integration drove efficient use of R&D resources
Brand integration drove e cient use of R&D resources R&D total investment optimized & e ciency enhanced Total R&D Expenditure*（ million RMB ） R&D Expenditure Ratio** -8.6% -28% 9,137 7.7% 8,348 5.6% 2024H1 2025H1 2024H1 2025H1 *Total R&D Expenditure = R&D costs not qualified for capitalization + cap
Slide 8: Surge in Core Profit Attributable to Equity Holders
Economies of Scale & Improved Product Pro tability Fueled Surge in Core Pro t Attributable to Equity Holders 2025 H1 Pro t Attributable to Equity Holders（ million RMB ） +102% 10,790 -7,726 2,638 -5 9,290 4,850 6,657 -504 188 -1,287 597 -487 -18 254 3,300 2024H1 Gain on After-tax Impairment 2024H1 Ch
Slide 9: NEV Profitability Cycle Fully Commenced
NEV Pro tability Cycle Fully Commenced Driving Signi cant Improvement in Pro tability per Vehicle Core Pro t Attributable to Equity Core Pro t Margin Attributable to Holders per Vehicle* Equity Holders** （RMB） +37% +57% 4,724 4.4% 3,453 2.8% 2024H1 2025H1 2024H1 2025H1 * Core Pro t Attributable to E
Slide 10: Ample Cash Reserves & Steady Increase in Cash Level
Ample Cash Reserves & Steady Increase in Cash Level 2025 H1 Cash Flows（million RMB） +24% 5,621 10,254 40 53,192 15,034 43,058 -7,965 38,905 -7,229 -19,908 Cash & cash Net cash Capital Net cash used in Net cash Foreign exchange Cash & cash Restricted bank Loans and Net cash level at equivalents at ge
Slide 11: Geely Galaxy Firmly Established in Top Tier of China's NEV Sales
Geely Galaxy is rmly established in the Top Tier of China’s NEV Sales Volume Benchmark products built on GEA have ushered in the NEV profit cycle Geely Galaxy NEV Sales Volume in 2025 H1 NEV Sales Volume Ranking in China NEV Market Share in China 548K Units 8.4% No. 2 Across All Brands YoY Growth232
Slide 12: Geely China Star ICE Vehicles Grew Against Market Trend
Geely China Star ICE Vehicles Grew Against Market Trend No. 1 Domestic ICE Brand in China for 9 years Geely China Star ICE Vehicles 2025 H1 ICE Vehicle Sales Volume ICE Vehicle Market Share in Sales Volume in China's Domestic Market in China for 9 years China's Domestic Market 474K Units TOP1 Across
Slide 13: ZEEKR and Lynk & Co Completed Strategic Integration
ZEEKR and Lynk & Co Completed Strategic Integration Demonstrating Synergies Sales Volume in 2025 H1 Sales Volume in 2025 H1 91K Units YoY Growth 3% 154K Units YoY Growth 22% ZEEKR's 300,000th Shooting Brake Model Lynk & Co reached the milestone of 1.5 million deliveries Successfully Rolled Off Produ
Slide 14: NEV & Local Partnerships Drove Acceleration in Globalization
NEV & Local Partnerships Drove Acceleration in Globalization Accelerating NEV Exports, Diversi ed Global Development, Collaborate with International Partners Product Strength Drove Booming Sales in Various Markets Accelerating New Product Launches to Develop Global Markets Proton (49.9% interest hel
Slide 15: Full-domain AI leads automobile evolution towards embodied intelligence
Full-domain AI leads automobile evolution towards embodied intelligence Forging benchmark for Automobile + AI Supercomputing Power Foundation Models Big Data 23.5 EFLOPS Top 1 computing power Xingrui AI Foundation Model + StepFun 10T token data and among Chinese automakers Large Multimodal Models 40
Slide 16: Practicing Long-term Sustainable Development, Solidifying ESG Industry Leadership
Practicing Long-term Sustainable Development, Solidifying ESG Industry Leadership Climate Neutral Safety Equity 「Full-domain AI」「All-round Safety」 Corporate Governance Short-term target: Strengthening board independence & diversity Lifecycle carbon emissions per vehicle (vs 2020) Long-term target: G
Slide 17: 2025 H2 Outlook
2025 H2 Outlook Annual Sales Volume Target: 2.71 M units increase to 3.0 M units 11 % Geely Galaxy Geely ZEEKR Lynk & Co China Star ICE Vehicles • Launching new NEV models, striving to be benchmark products in the • ZEEKR 9X launching in H2, the 1st • Lynk & Co 10 EM-P launching in Q3, respective ma
Slide 18: New NEVs launched in 2025 with new models set to launch
4 new NEVs launched up to the present in 2025 with 4 new models set to launch successively May August Q3 Q4 Geely Galaxy Geely Galaxy Xingyao 8 Geely Galaxy A7 Geely Galaxy M9 Geely Galaxy Xingyao 6 April Launching soon ZEEKR ZEEKR 007 GT ZEEKR 9X April Q3 Lynk & Co Lynk & Co 900 Lynk & Co 10 EM-P
Slide 19: Geely
GEELY Fee TADS RE Making Intelligent and Refined Cars for Everyone AAEM IRA a 20057 til Geely Automobil
Slide 20: 2025 Interim Results
2025 Interim Results For the period ended 30 June 2025 2024 Changes Sales Volume (units) 1,409,180 955,730 + 47.4% YoY Revenue (RMB M ) 150,285 118,793 + 26.5% YoY Gross profit margin1 16.45% 16.73% - 0.3 %pt Earnings before interest and taxes (“EBIT“) ( RMB M) 2 7,601 3,477 + 118.6% YoY Profit afte
Slide 21: 2025 Interim Results
2025 Interim Results For the period ended 30 June 2025 2024 Changes Sales of vehicles（million RMB） 134,599 104,800 + 28.4% YoY Average selling price（RMB） 95,516 109,654 - 12.9% YoY Return on equity 1 10.4% 11.8% - 1.4 %pt EBIT ratio 2 5.1% 2.9% +2.2 %pt Distribution & selling expenses as % of revenu
Geely Automobile Holdings — H1 2025 Earnings Presentation on 6ix