Chaozhou Three-Circle (300408) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥2.36 billion, up 20.79% year-over-year; year-to-date revenue was ¥6.51 billion, up 20.96% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥721 million, up 24.86% year-over-year; year-to-date net profit was ¥1.96 billion, up 22.16% year-over-year.

• Operating cash flow for Q3 was ¥1.99 billion, up 32.13% year-over-year.

Financial highlights

• Basic and diluted EPS for Q3 were ¥0.37, up 23.33% year-over-year; year-to-date EPS was ¥1.02, up 21.43%.

• Gross margin and operating profit improved, with total assets at ¥25.38 billion, up 6.13% from year-end 2024.

• Shareholders’ equity increased to ¥21.0 billion, up 5.71% from year-end 2024.

• Non-recurring gains for Q3 were ¥81.46 million, mainly from government subsidies and fair value changes.

Key financial ratios and metrics

• Weighted average ROE for Q3 was 3.49%, up 0.80 percentage points year-over-year; year-to-date ROE was 9.53%, up 1.03 percentage points.

• Cash and cash equivalents at period-end rose 69.84% year-over-year to ¥5.20 billion.