Xinjigio RV (00805) expects a net profit of approximately 31 million to 40 million yuan for the fiscal year 2025, representing a year-over-year decrease of about 12.07% to 31.85%.

robot
Abstract generation in progress

Zhihui Finance APP News: New Giao RV (00805) announced that for the fiscal year ending December 31, 2025, the group’s net profit is expected to be approximately RMB 31 million to RMB 40 million, a decrease of about 12.07% to 31.85% compared to RMB 45.49 million for the fiscal year ending December 31, 2024. This is due to the following factors:

Recent macroeconomic fluctuations: In FY2025, sales performance was affected by an unexpected decline in the RV division. This contraction was caused by emerging stagflation pressures and reduced discretionary non-essential spending, further worsened by the Reserve Bank of Australia’s consecutive interest rate hikes during this period.

Compression of profit margins on new products: The launch of new hybrid off-road trailer models resulted in negative gross margins. This was due to rising initial production costs during the early scale-up phase and increased competitive pricing pressures in the market.

Strategic dealership investments: Increased sales expenses due to the early investment in expanding self-operated stores. These investments involve a longer growth cycle, leading to higher indirect costs that exceeded the group’s moderate revenue growth.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin