Beijing New Building Materials (000786) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 was ¥6.35 billion, down 6.2% year-over-year; net profit attributable to shareholders was ¥657 million, down 29.47% year-over-year.

• Year-to-date revenue reached ¥19.91 billion, a 2.25% decrease from the same period last year; net profit for the period was ¥2.59 billion, down 17.77% year-over-year.

• Cash flow from operating activities for the first nine months was ¥1.54 billion, a 43.13% decrease year-over-year.

Financial highlights

• Basic and diluted EPS for Q3 were ¥0.389, down 29.40% year-over-year; year-to-date EPS was ¥1.531, down 17.78%.

• Total assets at quarter-end were ¥36.78 billion, up 4.66% from year-end 2024; shareholders’ equity was ¥26.83 billion, up 4.51%.

• Non-recurring gains for Q3 totaled ¥18.11 million, mainly from government subsidies and fair value changes.

Outlook and guidance

• The company is focusing on core gypsum board products, reallocating resources from underperforming steel structure projects to strengthen its main business and market share.