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Beijing Wantai Biological Pharmacy Enterprise Co. (603392) investor relations material

Beijing Wantai Biological Pharmacy Enterprise Co. Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary30 Oct, 2025

Executive summary

  • Revenue for Q3 2025 reached RMB 654.81 million, up 12.5% year-over-year, but net profit attributable to shareholders was a loss of RMB 29.38 million, down 576.34% year-over-year.

  • For the first nine months, revenue was RMB 1.50 billion, down 23.09% year-over-year, with a net loss of RMB 173.42 million, compared to a profit last year.

  • Significant declines in profitability were attributed to market adjustments and government procurement impacts on vaccine and IVD segments.

Financial highlights

  • Q3 2025 operating income: RMB 654.81 million, up 12.5% year-over-year.

  • Net loss for Q3: RMB 29.38 million; net loss for first nine months: RMB 173.42 million.

  • Gross margin and profitability declined sharply due to lower sales and margin pressure.

  • Basic and diluted EPS for Q3: -0.02 RMB; for nine months: -0.14 RMB.

  • Net cash flow from operations for nine months: RMB 7.28 million, down 96.32% year-over-year.

Outlook and guidance

  • Company is focusing on differentiated innovation, strengthening sales and R&D, and expanding international markets to drive future growth.

  • Accelerated deployment in molecular diagnostics and international vaccine sales expected to support long-term recovery.

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Frequently asked questions

Beijing Wantai Biological Pharmacy Enterprise Co., Ltd. specializes in the research, development, production, and distribution of biopharmaceutical products. The company focuses on diagnostic reagents, vaccines, and other biological products used in the prevention and detection of infectious diseases. Its offerings serve healthcare institutions, laboratories, and public health organizations, aiming to support disease prevention and health management. The company is headquartered in Beijing, China, and its shares are listed on the SSE.

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