- Leapmotor reported a net income of 150 million yuan in Q3 2025, missing the estimated 235.1 million yuan but showing improvement from a loss of 690 million yuan in the same period last year.
- Revenue surged by 97% year-on-year, reaching 19.45 billion yuan.
- The company achieved a gross margin of 14.5%, slightly above the estimated 14.2%.
- Leapmotor delivered 173,852 vehicles in the quarter, surpassing the estimate of 170,553 units.
- Research and development expenses were in line with estimates at 1.21 billion yuan.
- Selling expenses rose to 950 million yuan, exceeding the predicted 875 million yuan.
- Administrative expenses were significantly higher than expected, totaling 630 million yuan against an estimate of 461.4 million yuan.
- The company has a strong market sentiment with 34 buy ratings, 1 hold, and no sell ratings.
Zhejiang Leapmotor Technologie on Smartkarma
Analysts on Smartkarma, like Brian Freitas, are closely watching Zhejiang Leapmotor Technologie for potential inclusion in the HSTECH Index. Freitas’s report highlights the possibility of Leapmotor replacing ASM Pacific Technology in the index, a move that could have significant implications for both stocks. The upcoming announcement on 21 November could lead to a substantial turnover in the market, with a round-trip trade estimated at U$2.45 billion if the changes go as anticipated. With the potential for a 4.25% turnover and a trade value of HK$25.3 billion if Leapmotor is added, market dynamics are poised for a shift in December.
A look at Zhejiang Leapmotor Technologie Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Zhejiang Leapmotor Technologies Ltd., an electric vehicles manufacturer, has a promising long-term outlook, as indicated by the Smartkarma Smart Scores. With a high Growth score of 5, the company is positioned for significant expansion and development in the electric vehicles market. Additionally, Zhejiang Leapmotor Technologies demonstrates strong Resilience and Momentum, scoring 4 in both categories, showcasing its ability to weather challenges and maintain positive growth momentum.
While the Value score is moderate at 2 and the Dividend score is low at 1, the overall outlook for Zhejiang Leapmotor Technologies remains positive, driven by its strong Growth, Resilience, and Momentum scores. As the company continues to innovate and expand its presence in the Chinese market, investors may find potential for long-term growth and success in Zhejiang Leapmotor Technologies.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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