Geely Auto reported third-quarter 2026 revenue of 99 billion yuan (about US$14.8 billion) and core net profit attributable to its parent of 5.21 billion yuan (about US$777.6 million). The figures have sharpened attention on how much profit the company earns from its home market amid intense competition in China.
The article cites a separate report that Geely’s exports generated 4.84 billion yuan in net profit for the quarter—around 92.9% of its total core net profit. It says the company sold 812,500 vehicles in the period, including exports, and raised its full-year export target from 640,000 to 920,000 units. However, the source gives two different Q3 export totals: 343,700 in its narrative and 323,700 in its table. The table’s figure corresponds to the stated export share of about 39.8% of sales.
Geely exported 484,000 new-energy vehicles in the first three quarters, up 531% year on year, according to the article. BYD, which also released results on October 29, reported Q3 revenue of 221.49 billion yuan and net profit of 10.02 billion yuan; it identified overseas sales as a growth driver and exported more than 180,700 NEVs in September. The article concludes that competition in China remains severe, citing the exits of Neta, Weltmeister, HiPhi and Aiways.