Beijing Oriental Yuhong Waterproof Technology (002271) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥7.03 billion, up 8.51% year-over-year, but net profit attributable to shareholders fell 26.58% to ¥245 million for the quarter and 36.61% to ¥810 million for the nine-month period.

• Full-period revenue for the first nine months was ¥20.60 billion, down 5.06% year-over-year, with net profit declining due to lower market demand and compressed gross margins.

• Cash flow from operating activities improved significantly, with a net inflow of ¥416 million in Q3, up 184.56% year-over-year.

Financial highlights

• Basic and diluted EPS for Q3 were ¥0.1027, down 26.64% year-over-year; for the nine months, EPS was ¥0.34, down 34.62%.

• Total assets at quarter-end were ¥42.56 billion, down 4.82% from the previous year-end; shareholders' equity was ¥20.83 billion, down 16.46%.

• Non-recurring items had a net negative impact of ¥16.7 million in Q3 and a positive impact of ¥40.6 million for the nine months.

Outlook and guidance

• Management cited weaker-than-expected market demand and lower gross margins as key factors for profit decline, with ongoing efforts to strengthen collections and control costs.