Zhejiang Jingsheng Mechanical & Electrical (300316) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 was ¥8.27 billion, down 42.86% year-over-year.

• Net profit attributable to shareholders was ¥901 million, a 69.56% decrease year-over-year.

• Operating cash flow for the period was ¥379.7 million, down 56.76% year-over-year.

Financial highlights

• Q3 revenue was ¥2.47 billion, a 42.87% decline compared to the same quarter last year.

• Q3 net profit attributable to shareholders was ¥262.1 million, down 69.65% year-over-year.

• Basic and diluted EPS for the first nine months was ¥0.69, a 69.47% decrease year-over-year.

• Gross margin and operating income both declined in line with reduced sales volume.

Outlook and guidance

• Management attributes declines to reduced sales scale and expects continued pressure on revenue and profit.