Guangdong Haid Group (002311) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥37.26 billion, up 14.43% year-over-year; YTD revenue was ¥96.09 billion, up 13.24% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥1.50 billion, a 0.34% increase year-over-year; YTD net profit was ¥4.14 billion, up 14.31% year-over-year.

• Cash flow from operating activities for Q3 was ¥5.02 billion, down 35.79% year-over-year.

Financial highlights

• Basic and diluted EPS for Q3 were both ¥0.90, unchanged year-over-year; YTD EPS was ¥2.49, up 14.22%.

• Gross margin and operating profit details indicate improved profitability, with YTD net profit margin rising.

• Total assets at Q3-end were ¥50.82 billion, up 5.56% from the previous year-end.

• Shareholders’ equity increased 5.70% to ¥25.27 billion.

Outlook and guidance

• Management expects continued business growth, supported by increased scale and seasonal demand.