Stock Track | SERES Plummets 5.05% Intraday on Weak May Sales, Profit Quality Concerns

Stock Track06-03

SERES (09927.HK) saw its shares plummet 5.05% during intraday trading, extending losses amid disappointing operational updates and concerns over earnings sustainability.

The decline follows the company's recent disclosure of its May production and sales report, which showed new energy vehicle monthly sales totaling 33,476 units, representing a 16.27% year-over-year decrease. Sales of SERES-branded vehicles specifically fell 17.18% year-over-year to 30,187 units. Additionally, the company's first-quarter report revealed non-recurring adjusted net profit of only 103 million yuan, plunging 73.87% year-over-year, with market participants noting heavy reliance on government subsidies which accounted for approximately 83% of net profit in Q1.

The broader automobile manufacturers sector also showed weakness during the session, contributing to negative sentiment toward SERES shares as investors reacted to the combination of declining sales, substantially reduced profitability, and concerns about the quality of earnings.

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/1179060272?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-03 14:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1179060272","market":"nz","top_or_hot":-1,"title":"Stock Track | SERES Plummets 5.05% Intraday on Weak May Sales, Profit Quality Concerns","media":"Stock Track","content":"<p>SERES (09927.HK) saw its shares plummet 5.05% during intraday trading, extending losses amid disappointing operational updates and concerns over earnings sustainability.</p><p>The decline follows the company's recent disclosure of its May production and sales report, which showed new energy vehicle monthly sales totaling 33,476 units, representing a 16.27% year-over-year decrease. Sales of SERES-branded vehicles specifically fell 17.18% year-over-year to 30,187 units. Additionally, the company's first-quarter report revealed non-recurring adjusted net profit of only 103 million yuan, plunging 73.87% year-over-year, with market participants noting heavy reliance on government subsidies which accounted for approximately 83% of net profit in Q1.</p><p>The broader automobile manufacturers sector also showed weakness during the session, contributing to negative sentiment toward SERES shares as investors reacted to the combination of declining sales, substantially reduced profitability, and concerns about the quality of earnings.</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 | SERES Plummets 5.05% Intraday on Weak May Sales, Profit Quality Concerns</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 | SERES Plummets 5.05% Intraday on Weak May Sales, Profit Quality Concerns\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\">2026-06-03 14:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SERES (09927.HK) saw its shares plummet 5.05% during intraday trading, extending losses amid disappointing operational updates and concerns over earnings sustainability.</p><p>The decline follows the company's recent disclosure of its May production and sales report, which showed new energy vehicle monthly sales totaling 33,476 units, representing a 16.27% year-over-year decrease. Sales of SERES-branded vehicles specifically fell 17.18% year-over-year to 30,187 units. Additionally, the company's first-quarter report revealed non-recurring adjusted net profit of only 103 million yuan, plunging 73.87% year-over-year, with market participants noting heavy reliance on government subsidies which accounted for approximately 83% of net profit in Q1.</p><p>The broader automobile manufacturers sector also showed weakness during the session, contributing to negative sentiment toward SERES shares as investors reacted to the combination of declining sales, substantially reduced profitability, and concerns about the quality of earnings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09927","symbol_name":"赛力斯","start_time":0,"source_url":"","article_id":"1179060272","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1179060272","pubTimestamp":1780468569,"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":"SERES (09927.HK) saw its shares plummet 5.05% during intraday trading, extending losses amid disappointing operational updates and concerns over earnings sustainability.The decline follows the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09927":"赛力斯"},"translate_title":"个股追踪|SERES盘中暴跌5.05%5月销售疲软盈利质量堪忧","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09927":1},"content_text":"SERES (09927.HK) saw its shares plummet 5.05% during intraday trading, extending losses amid disappointing operational updates and concerns over earnings sustainability.The decline follows the company's recent disclosure of its May production and sales report, which showed new energy vehicle monthly sales totaling 33,476 units, representing a 16.27% year-over-year decrease. Sales of SERES-branded vehicles specifically fell 17.18% year-over-year to 30,187 units. Additionally, the company's first-quarter report revealed non-recurring adjusted net profit of only 103 million yuan, plunging 73.87% year-over-year, with market participants noting heavy reliance on government subsidies which accounted for approximately 83% of net profit in Q1.The broader automobile manufacturers sector also showed weakness during the session, contributing to negative sentiment toward SERES shares as investors reacted to the combination of declining sales, substantially reduced profitability, and concerns about the quality of earnings.","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":0,"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,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","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/1179060272","isCrawlerRequest":true}