耐世特2025 中期报告

㖐儛䥗Ⓒ ⬭栆㒿䟴 㞃⻤₵⮩⏒▥㟅⏴⪉䮝 ㇆▥䱠㔏檧⏗⦿⇜ ⏔⒕Ⓒ䞷⮶怷╱✛㔤彖俓⚗嵎㠃 ⎹▥㒟㦻俟㱚 㦘指㝖⦿⺚㻑㟅律✛勾䥮 ₼⦚✛㠿咗ゑ⫃ 02040514152733343637383940 ADASAD 120 ••••• • •261 •5 •13 •EPSSbWRWSBbWCISDLHPSSW •RNMStellantis N.V.Stellantis 1272 Doris RoadAuburn Hills, Michigan 48326, USA 20258 13MILAVEC, Robin Zane P.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 20258 1320256 18 131 Maples Fund Services (Cayman) LimitedP.O. Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands 20258 1320258 13 183171712-1716 Maples and Calder Bank Pekao SAComerica BankPKO Bank Polski SAWells Fargo Capital Finance • 1316 http://www.nexteer.com/ 2025 •2220247% oo2025o •202515 o74%EPSo26% •202515639% oNEVRWSEPSDPEPSEPSREPS •31 o2321oDPEPSoEPSo ••MotionIQ™BbWRWSEPSHO CEPS• 202520253.1%202520250.4%20257 2025 2025 ••• •20251••2024DL2025 202520254200202520251 2025 ••• 2025 NEV(RWS)DPEPSREPS 20251569%EPS23%CIS8%39%EVEVICE61%ICE74% 202520256 2025202421.7%1.9 2025 2025 2025 2025 MotionIQ™ MotionIQ™MotionIQControl™MotionIQ Dev™MotionIQ Health™115 2025 •SbW •SUVEV122026 •HO CEPSHOCEPS110 NmREPS EPSHOREPSEPS •NVH8NVH EV 2025 2025 •Mexico International Automotive Summit•2025ChassisTech Plus 2025•2025Automotive Chassis Systems USA 2025 2025 ••I&CIMs Fast World Cup Award•Excellent Supplier Award••Supplier Excellence Award•KDExcellent KD Supplier Award•Excellent Supplier Award•(Excellent Supplier Award)•Quality Circle Forum of India’s Quality Award•Excellent Supplier Award•Quality Pioneer Award•Supplier Quality Excellence Award•20242024 NCIC Supplier Quality ExcellenceAward REPS2025 ••REPS 34 2025222024143.36.8%7.6%45015.5%8.7% 2025EBITDA230.4202433.116.8% 20256 30459.2202412 31422.336.920256 30142.32024152.410.136.72024-2.320256 3011.720246 3019.78.020246.3 2025720256 3020246303.1%20256 302024 2025 20253134243123821EV 20256 302,242.220246 302,098.9143.36.8%20252024202513.0202520242.420257.6%450 20256 30202419.31.7%202520244.2%2%202520242.7 20256 30202492.015.5%202520248%12.3%202520247.4202516.7%870 202520243.7%8.9%20256 30202434.59.4%202410.0202520245.6202510.8%1,330 •20256 3020242.5 20256 30EPS2024120.88.6%20256 30CIS6.52.9%20256 30HPS20241.51.7%20256 30DL14.53.8% 20256 3063.52.8%202463015.70.7%47.8 •EBITDA33.1•202437.724.0 20256 301,983.320246 301,888.095.35.0% 20256 301,479.666.0%1,339.263.8%140.410.5% 20256 30128.220246 30131.53.32.5% 20256 3060.82.7%20246 3060.12.9%0.71.2% 202590.0%88.5% 20256 30258.920246 30210.948.022.7%20256 3011.5%20246 3010.0% 20256 3075.43.4%20246 3088.64.2%13.214.9%20256 301.60.80.30.5 20246 307.35.71.6 20256 302.020246 303.420256 306.320246 306.90.68.7% 20256 30129.32024630135.46.14.5% 20256 3092.24.1%202463082.43.9%9.811.9%20256 303.820246 303.90.12.6% 20256 301.820246 301.40.4 20256 300.820246 302.2202420256 30 20256 301.81.7 20256 3026.727.9%202463017.743.5%8.9 15% 20241 120251 1 12 20257 4 20256 30110.9202412 3199.811.2202526.718.4 20256 30142.320246 30152.410.1 20256 3011.720246 3019.78.06.3 20256 3048.7202412 3147.80.9 2025630835.6202412 31724.1107.7202412 3120256 30 20256 302.3%202412 312.4%10 1.2.3.4.5. ADAS 20256 30 20256 3012,000 20256 301,800 (a)(b) C1 20256 30 C1C.2.120226 2120258 1320258 13C1C.2.1 C320256 30 13.51B (1) 20253 20256 183.0520258 13 20258 13 13.51B(1) 20256 30 20256 30 20256 30 20146 51020246 51020146 1120156 10 20256 30 20246 520251 120256 30 (1)201420152016201720182019202220146 1120156 1020166 1020175 2920185 3020198 21202210 25202210 25 (2)20146 1120175 2920198 21201561020166 1020185 30202210 25 20256 304,626,2400.18%10 20256 30XVXV78352 (L)(1)(2)20256 302,509,824,293 20256 30XV(i)352(ii) 1820256 3018 20256 30XV23336 (L)(1)20256 302,509,824,293(2)72.88%27.12%1,105,000,000(3)70.11%1,105,000,000(4)20229 23525,000,00020256 30476,372,000476,372,000 347220256 30343434 2410 34 • 20258 13 20256 30 20256 30 20256 30 20256 30 20256 30 20256 30 1 20128 21PO Box 309, Ugland House, Grand Cayman, KY1–1104, CaymanIslands 201310 7 20258 13 2 34D2202412 31 3 202412 31 20251 1 21 4 202412 31 5 20256 30202412 312(i)(ii)20256 30202412 31 •1 •2•3 6 6.1 6 6.1 9 (i)20241 148,655,000 6.2 EBITDA 6 6.2 EBITDA 6 6.2 EBITDA20256 308,613,00020246 3019,987,0005,834,00020246 305,526,0001,911,00020246 302,144,000EBITDA 6 6.2 202520246 30 20256 30202412 31 6 6.2 6 202563057,540,00020246 3057,490,000 20256 3010.5%12.5%20246 3012%14% 7 20256 301,579,000800,000309,000470,0002,643,000 202463037,699,00036,147,0001,552,00024,000,000 20256 30240,644,000202412 31254,575,000 8 20256 305,314,00020246 3015,143,000 8 (i) 20256 301,389,00020246301,309,000 20256 309,134,000202463017,723,000 20256 30 9 3090 20256 304,439,000202412 314,439,0002,383,000202412 312,217,000 20256 30493,624,000202412 31367,049,000 10 20256 3086,605,000202412 3158,114,000 20256 30 (ii)6 12 13 20256 30 13 1. (a)(v)3,509,000202412 313,506,0000.25%(vi)3,509,000