Shennan Circuit Company (002916) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥6.3 billion, up 33.25% year-over-year; year-to-date revenue was ¥16.75 billion, up 28.39% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥965.81 million, up 92.87% year-over-year; year-to-date net profit was ¥2.33 billion, up 56.30% year-over-year.

• Basic and diluted EPS for Q3 were ¥1.45, up 47.96% year-over-year; year-to-date EPS was ¥3.49, up 20.34% year-over-year.

Financial highlights

• Gross margin and operating income improved significantly, with net profit margin expansion driven by both revenue growth and cost control.

• Cash flow from operating activities for the first nine months was ¥2.31 billion, up 39.07% year-over-year.

• Total assets at Q3-end were ¥28.77 billion, up 13.72% from the previous year-end.

• Owner's equity attributable to shareholders was ¥16.18 billion, up 10.72% from year-end.

Outlook and guidance

• Strong order growth and ongoing expansion projects in Nantong and Thailand are expected to support future revenue and capacity.