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    Motor vehicles
Zhejiang Leapmotor Technology Co., Ltd. Class H

Zhejiang Leapmotor Technology Co., Ltd. Class H

33.52
HKD
+0.10
(+0.30%)
69.13BMarket Cap
Mar 23Next Earn
Zhejiang Leapmotor Technology Co., Ltd. Class H
HKEX:9863
(Hong Kong Exchange)

Recent

price

33.52

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.1
0.55
2.74
11.85
14.38
24.06
46.58
- -
Revenue per Share
-0.79
-0.96
-2.49
-4.89
-3.62
-2.11
0.39
- -
Basic EPS, GAAP
-0.96
-0.92
-2.23
-3.65
-0.27
4.73
5.63
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-1.08
-0.49
6.33
7.23
9.35
7.53
9.93
9.93
Book Value per Share
-1.17
-0.59
5.6
6.49
8.68
6.86
9.29
9.29
Tangible Book Value per Share
1,143
1,143
1,143
1,045
1,165
1,337
1,390
1,414
Basic Weighted Avg Shares
117
631
3,132
12,385
16,747
32,164
64,732
- -
Sales/Revenue/Turnover
-631.64
-139.55
-92.19
-41.94
-26.29
-10.28
0.14
- -
Operating Margin (%)
68
175
219
416
601
671
1,176
- -
Depreciation Expense
-901
-1,100
-2,846
-5,109
-4,216
-2,821
538
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-770.44
-174.26
-90.86
-41.25
-25.18
-8.77
0.83
- -
Profit Margin (%)
3
-962
4,625
4,381
8,516
1,478
-3,168
-3,168
Working Capital
1,092
1,173
550
1,042
1,061
1,295
3,555
3,555
LT Debt
-1,229
-563
7,230
8,259
12,498
10,071
14,118
14,118
Total Equity
- -
- -
- -
- -
- -
- -
1.11
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
4.11
- -
Return on Capital (%)
- -
- -
- -
-65.97
-40.62
-25
4.45
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1,411
1,611
891
LT Borrowings
1,081
1,212
2,307
LT Finance Leases
215
212
1,248
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,337
1,337
1,422
Market Capitalization
40,892
66,741
62,116

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
26,453
27,635
39,662
Cash, Cash Equivalents & STI
20,719
18,642
25,034
Accounts Receivable, Net
1,632
2,862
5,204
Inventories
2,023
2,590
4,548
Total Current Liabilities
24,975
30,159
42,829
Payables & Accruals
- -
- -
- -
ST Debt
1,411
1,611
891
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-259.49%
40.19%
Free Cash Flow
- -
-399.3%
23.79%
Net Income, GAAP
- -
13.71%
-119.09%
Sales/Revenue/Turnover
- -
184.01%
101.25%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
16,747
2024
- -
- -
32,164
2025
- -
- -
64,732

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-3.62
2024
- -
- -
-2.11
2025
- -
- -
0.39

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Zhejiang Leapmotor Technology Co., Ltd. focuses on the innovation, manufacturing, and distribution of smart new energy vehicles. The company delivers a diverse range of intelligent electric models, including the C01 sedan, C11 SUV, C10 global strategic SUV, and T03 mini vehicle, with many models available as both battery electric and extended-range electric variants. Leapmotor emphasizes full-stack in-house research and development, encompassing core technologies such as intelligent power, advanced driver-assistance systems, and integrated electronic architectures, including its proprietary "Four Leaf Clover" central domain control. Beyond vehicle sales, the company supplies EV components, charging solutions, and comprehensive after-sales support. Established in 2015 and based in Hangzhou, China, Leapmotor has expanded its global reach through a strategic joint venture, Leapmotor International, formed in partnership with Stellantis in May 2024, aiming to distribute and produce its vehicles in markets outside of Greater China. The company achieved its first semi-annual net profit in the first half of 2025.