SUPCON Technology
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SUPCON Technology (688777) investor relations material

SUPCON Technology 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 summary25 Oct, 2025

Executive summary

  • Revenue for the first nine months of 2025 was RMB 5.65 billion, down 10.78% year-over-year.

  • Net profit attributable to shareholders for the same period was RMB 431.61 million, a decrease of 39.78% year-over-year.

  • The company accelerated industrial AI business, with TPT model and robotics achieving commercial scale.

Financial highlights

  • Q3 revenue: RMB 1.82 billion, down 12.52% compared to Q3 2024.

  • Q3 net profit attributable to shareholders: RMB 77.53 million, down 61.25% year-over-year.

  • Q3 basic and diluted EPS: RMB 0.10, down 61.54% year-over-year.

  • Gross margin and operating profit both declined significantly.

  • R&D investment for the first nine months: RMB 653.55 million, accounting for 11.56% of revenue.

Outlook and guidance

  • Industrial AI and TPT model businesses are expected to continue scaling, with ARR from software and robotics contributing to recurring revenue.

Core net profit decline: competitive factors?
New AI/robotics revenue: offsetting core decline?
Explain the shift to positive investing cash flow.
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