Anhui Gujing Distillery (000596) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 was ¥2.54 billion, down 51.65% year-over-year; year-to-date revenue was ¥16.42 billion, down 13.87% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥299 million, down 74.56% year-over-year; year-to-date net profit was ¥3.96 billion, down 16.57% year-over-year.

• Basic and diluted EPS for Q3 was ¥0.56, down 74.77% year-over-year; year-to-date EPS was ¥7.49, down 16.59% year-over-year.

Financial highlights

• Gross margin and operating profit declined significantly in Q3 compared to the same period last year.

• Net cash flow from operating activities for Q3 was ¥2.63 billion, down 50.84% year-over-year.

• Total assets at Q3-end were ¥38.22 billion, down 5.67% from the previous year-end.

• Shareholders’ equity increased 3.26% from the previous year-end to ¥25.46 billion.

Outlook and guidance

• No explicit forward-looking guidance provided, but significant declines in revenue and profit signal a challenging outlook.