Shenzhen Senior Technology Material (300568) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥1.06 billion, up 11.36% year-over-year, with year-to-date revenue at ¥2.96 billion, up 13.53% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥13.98 million, down 86.96% year-over-year; year-to-date net profit was ¥114.41 million, down 67.25% year-over-year.

• Operating cash flow for Q3 was ¥542.73 million, up 62.05% year-over-year.

Financial highlights

• Gross margin and EPS declined significantly, with basic EPS at ¥0.01 for Q3 (down 86.98%) and ¥0.09 year-to-date (down 65.38%).

• Total assets at period end were ¥25.67 billion, up 10.93% from the previous year-end.

• Owner's equity attributable to shareholders was ¥9.86 billion, up 0.65% from year-end.

• Non-recurring gains contributed ¥41.68 million in Q3 and ¥98.55 million year-to-date, mainly from government subsidies and fair value changes.

Outlook and guidance

• No explicit forward-looking guidance provided, but significant increases in inventory and fixed assets suggest ongoing expansion and production ramp-up.