Stock Track | Chery Auto Plummets 5.24% Intraday on Weaker-Than-Expected Q1 Results

Stock Track04-29

Chery Auto's stock plummeted 5.24% intraday, underperforming the broader market and automotive sector peers.

The sharp decline was triggered by the release of the company's weaker-than-expected first-quarter financial results. Chery Auto reported a 3.45% year-over-year drop in revenue to RMB 65.87 billion, while net profit fell 8.55% to RMB 4.322 billion. Profit attributable to shareholders declined 10.32% to RMB 4.17 billion.

Despite an improvement in gross margin, operating expenses surged significantly, with selling and distribution expenses up 24.82%, administrative expenses up 17.28%, and R&D expenditure rising 25.44% to RMB 2.85 billion. These increased costs offset margin gains and pressured bottom-line performance, leading to investor disappointment and the stock's sell-off.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1171928387?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-29 09:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1171928387","market":"hk","top_or_hot":-1,"title":"Stock Track | Chery Auto Plummets 5.24% Intraday on Weaker-Than-Expected Q1 Results","media":"Stock Track","content":"<p>Chery Auto's stock plummeted 5.24% intraday, underperforming the broader market and automotive sector peers.</p><p>The sharp decline was triggered by the release of the company's weaker-than-expected first-quarter financial results. Chery Auto reported a 3.45% year-over-year drop in revenue to RMB 65.87 billion, while net profit fell 8.55% to RMB 4.322 billion. Profit attributable to shareholders declined 10.32% to RMB 4.17 billion.</p><p>Despite an improvement in gross margin, operating expenses surged significantly, with selling and distribution expenses up 24.82%, administrative expenses up 17.28%, and R&D expenditure rising 25.44% to RMB 2.85 billion. These increased costs offset margin gains and pressured bottom-line performance, leading to investor disappointment and the stock's sell-off.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Chery Auto Plummets 5.24% Intraday on Weaker-Than-Expected Q1 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Chery Auto Plummets 5.24% Intraday on Weaker-Than-Expected Q1 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-29 09:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chery Auto's stock plummeted 5.24% intraday, underperforming the broader market and automotive sector peers.</p><p>The sharp decline was triggered by the release of the company's weaker-than-expected first-quarter financial results. Chery Auto reported a 3.45% year-over-year drop in revenue to RMB 65.87 billion, while net profit fell 8.55% to RMB 4.322 billion. Profit attributable to shareholders declined 10.32% to RMB 4.17 billion.</p><p>Despite an improvement in gross margin, operating expenses surged significantly, with selling and distribution expenses up 24.82%, administrative expenses up 17.28%, and R&D expenditure rising 25.44% to RMB 2.85 billion. These increased costs offset margin gains and pressured bottom-line performance, leading to investor disappointment and the stock's sell-off.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09973","symbol_name":"奇瑞汽车","start_time":0,"source_url":"","article_id":"1171928387","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1171928387","pubTimestamp":1777427074,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Chery Auto's stock plummeted 5.24% intraday, underperforming the broader market and automotive sector peers.The sharp decline was triggered by the release of the company's weaker-than-expected...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09973":"奇瑞汽车"},"translate_title":"个股追踪|奇瑞汽车盘中暴跌5.24%Q1业绩不及预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09973":1},"content_text":"Chery Auto's stock plummeted 5.24% intraday, underperforming the broader market and automotive sector peers.The sharp decline was triggered by the release of the company's weaker-than-expected first-quarter financial results. Chery Auto reported a 3.45% year-over-year drop in revenue to RMB 65.87 billion, while net profit fell 8.55% to RMB 4.322 billion. Profit attributable to shareholders declined 10.32% to RMB 4.17 billion.Despite an improvement in gross margin, operating expenses surged significantly, with selling and distribution expenses up 24.82%, administrative expenses up 17.28%, and R&D expenditure rising 25.44% to RMB 2.85 billion. These increased costs offset margin gains and pressured bottom-line performance, leading to investor disappointment and the stock's sell-off.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1171928387","isCrawlerRequest":true}