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    Haval Performance in 2025: Financials, Sales, Top Models, and Market Trends

    6 months ago

    Haval, a leading SUV brand under Great Wall Motors (GWM), has continued to solidify its market presence in 2025 with growing revenue, expanding sales volumes, and a strong focus on hybrid and new energy vehicle offerings. The brand remains a key pillar in GWM's global strategy, showing resilience amid competitive pressures and ongoing investments in electrification and technology. Financial Performance and Profitability 2024 Operating Revenue: RMB 202.2 billion (~$29.5 billion USD), representing a 16.7% increase over 2023 Net Profit Attributable to Shareholders (2024): RMB 12.7 billion (~$1.85 billion USD), up 80.8% year-over-year Operating Profit (2024): RMB 13.9 billion (~$2 billion USD), a 93.3% increase compared to previous year Strong cash flow from operating activities, growing 56.5% in 2024 Continued improvements attributed to increased sales volume, product mix optimization, and cost control Vehicle Sales and Production Haval remains the best-selling SUV brand under GWM, pushing strong sales numbers in both domestic and overseas markets The Haval H6 continues to be the flagship model, supported by updated hybrid variants and PHEV offerings Expansion of new energy vehicle lineup, including hybrid and plug-in hybrid models, boosting overall competitiveness Production capacity is scaling to meet increasing demand, supported by GWM's investment in manufacturing and R&D Regional and Global Sales Performance Domestic market in China remains core, with robust SUV demand buoyed by growing consumer preference for electrified SUVs Overseas markets, including Southeast Asia, Australia, and parts of Europe, contribute to incremental sales growth Export sales and global brand recognition are rising with targeted marketing and product localization strategies Profitability and Cost Factors Profit margin gains driven by higher-value hybrid and electric vehicles and improved operational efficiencies Strategic cost management amid inflationary pressures and supply chain challenges Investments in R&D focus on electrification, smart connectivity, and vehicle safety technologies Debt and Liquidity GWM and Haval maintain solid financial footing with strong liquidity and manageable debt levels Capital expenditures directed at expanding NEV production and technology upgrades Best Selling Models: Overview and Highlights Model Highlights Haval H6 Flagship SUV with hybrid and PHEV variants, strong domestic sales Haval H9 Premium full-size SUV with expanding international presence Haval Jolion Compact SUV with hybrid technology and growing popularity Haval Cool Dog Urban SUV model targeting younger buyers, strong demand     Weakest Performers and Segment Challenges Traditional internal combustion engine models facing gradual phase-out pressure Continued competitive pressure in international markets from emerging EV brands Supply chain constraints and raw material cost volatility require active management Key Financial and Operational Metrics Metric Value Notes Operating Revenue 2024 RMB 202.2 billion (~$29.5 billion) 16.7% growth over 2023 Net Profit 2024 RMB 12.7 billion (~$1.85 billion) Up 80.8% year-over-year Operating Profit 2024 RMB 13.9 billion (~$2 billion) Nearly doubled compared to prior year Operating Cash Flow 2024 RMB 2.78 billion Increased by 56.5% Vehicle Sales Volumes Strong growth in hybrid and NEV models Continuing expansion in both domestic and export markets     Industry Outlook and Strategic Focus Haval is strengthening its electrification strategy with plans for new hybrid and pure electric SUVs Focus on expanding international market share, adapting products to regional preferences Enhancing vehicle technology with smart connectivity, safety features, and battery innovation Commitment to sustainability and efficient production practices amid global competition Summary Haval’s 2024 and early 2025 performance highlight the brand’s significant growth within the SUV and new energy markets as part of Great Wall Motors’ broader strategy. The strong financial and sales results demonstrate successful product updates, electrification efforts, and global expansion initiatives. Continued investment in technology and production capacity positions Haval well for competitive leadership in the electrified SUV segment both domestically and internationally. Sources Great Wall Motors Annual Report 2024res.gwm+1 Industry analysis of Haval brand performance and market trends 2025 GWM official sales updates and market reports  
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