Hengtong Optic-Electric (600487) Q3 2025 earnings summary

Executive summary

• Achieved revenue of ¥49.62 billion for the first nine months of 2025, up 17.03% year-over-year; net profit attributable to shareholders reached ¥2.38 billion, up 2.64% year-over-year.

• Q3 revenue was ¥17.57 billion, up 11.32% year-over-year; Q3 net profit attributable to shareholders was ¥762.6 million, up 8.10% year-over-year.

• Maintained strategic focus on communications and energy, with strong growth in marine energy, smart grid, and new energy businesses.

• Secured over ¥20 billion in energy interconnection orders and over ¥7 billion in marine communications orders as of the report date.

Financial highlights

• Operating income for the first nine months: ¥49.62 billion, up 17.03% year-over-year.

• Net profit attributable to shareholders: ¥2.38 billion, up 2.64% year-over-year; Q3 net profit: ¥762.6 million, up 8.10%.

• Net profit excluding non-recurring items: ¥2.34 billion, up 5.97% year-over-year.

• Basic and diluted EPS for the first nine months: ¥0.98, up from ¥0.94 year-over-year.

• Cash flow from operating activities: ¥493 million, up 11.94% year-over-year.

Outlook and guidance

• Continued focus on high-quality growth in core industries, leveraging opportunities in new infrastructure, carbon neutrality, and marine economy.

• Ongoing investment in R&D and production capacity for advanced optical fiber and energy transmission materials.