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TCL Zhonghuan Renewable Energy Technology (002129) investor relations material
TCL Zhonghuan Renewable Energy Technology Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first nine months of 2025 was ¥21.57 billion, down 4.48% year-over-year, with a net loss attributable to shareholders of ¥5.78 billion, a 4.70% improvement year-over-year.
Q3 net loss attributable to shareholders was ¥1.53 billion, an improvement of ¥8.02 billion sequentially and ¥14.63 billion year-over-year.
Operating cash flow for the period was ¥632 million, down 75.31% year-over-year.
Financial highlights
Q3 revenue: ¥8.17 billion, up 28.34% year-over-year.
Net loss attributable to shareholders in Q3: ¥1.53 billion, improved by 48.82% year-over-year.
Basic and diluted EPS for Q3: -0.3842, improved by 48.89% year-over-year.
Total assets at Q3-end: ¥123.12 billion, down 1.97% from year-end 2024.
Shareholders’ equity: ¥25.13 billion, down 18.69% from year-end 2024.
Non-recurring gains for the period: ¥256 million, mainly from asset disposals and government grants.
Outlook and guidance
Management expects industry supply-side rationalization and demand-side growth to support gradual recovery in the photovoltaic sector.
The company will focus on cost control, organizational reform, and cash flow management to restore profitability.
Next TCL Zhonghuan Renewable Energy Technology earnings date
Next TCL Zhonghuan Renewable Energy Technology earnings date
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