Unisplendour (000938) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 reached ¥77.32 billion, up 31.41% year-over-year, driven by AI-related product launches and industry solutions.

• Net profit attributable to shareholders for the same period was ¥1.40 billion, down 11.24% year-over-year, while adjusted net profit excluding non-recurring items rose 5.15%.

• Subsidiary H3C Group posted revenue of ¥59.62 billion, up 48.07% year-over-year, with domestic government and enterprise business up 62.55% and international business up 83.99%.

Financial highlights

• Q3 revenue was ¥29.90 billion, up 43.12% compared to the same quarter last year.

• Q3 net profit attributable to shareholders was ¥362.96 million, down 37.56% year-over-year.

• Operating cash flow for Q3 was ¥272.34 million, up 111.35% year-over-year due to increased sales collections and tax rebates.

• Total assets at quarter-end were ¥93.64 billion, up 5.43% from the previous year-end.

• Shareholders' equity was ¥14.47 billion, up 8.53% from the previous year-end.

Outlook and guidance

• The company continues to focus on AI-driven strategies, launching new intelligent computing products and solutions to meet industry demand for large-scale AI deployments and energy efficiency.