SERES Q3 Net Profit Attributable to Parent Reaches RMB 1.42 Billion with Revenue of RMB 28.08 Billion
nashnova research
SERES posted RMB 28.08 billion in Q3 revenue and RMB 1.42 billion in net profit attributable to shareholders — a single-quarter record that now puts full-year momentum under the spotlight.
What do the headline numbers say?
SERES (HKEX 09927) reported Q3 2026 revenue of roughly RMB 28.08 billion, net profit attributable to shareholders of about RMB 1.42 billion, and basic EPS of RMB 0.82.
This means → crossing RMB 1.4 billion in a single quarter signals SERES has moved past the "growing revenue, not profit" phase into simultaneous scale and margin expansion.
In plain terms = it is selling more cars *and* making more money on each one — volume and quality improving together.
Why does profitability deserve a closer look?
Most NEV makers are under pressure to cut prices for volume. Delivering over RMB 1.4 billion in quarterly net profit shows SERES is holding pricing power and cost discipline.
This reflects the AITO series — built with Huawei — gaining a firm foothold in the mid-to-premium segment, where brand premium is now converting into real profit.
In plain terms = the money is coming from product strength, not from slashing prices to chase sales.
What is the market watching next?
One strong quarter is encouraging, but whether the full-year result can sustain this pace is the key checkpoint ahead.
This means → investors will focus on Q4 order volume and delivery data — if momentum flattens or dips quarter-on-quarter, the market may reprice.
Put simply = one good quarter proves capability; consecutive good quarters prove a trend.
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