China National Software & Service Company (600536) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months reached ¥3.20 billion, up 9.50% year-over-year, with Q3 revenue at ¥956 million, a 2.06% increase compared to the same quarter last year.

• Net loss attributable to shareholders narrowed to ¥104 million for the first nine months, improving by 69.18% year-over-year; Q3 net loss was ¥29.5 million, a 54.53% improvement.

• Operating profit and total profit both more than doubled year-over-year, driven by market expansion, project delivery, and cost control.

Financial highlights

• Basic and diluted EPS for the first nine months were -¥0.12, improving 70.23% year-over-year; Q3 EPS was -¥0.03, up 60.49%.

• Total assets increased 17.80% to ¥10.07 billion from the end of last year.

• Shareholders’ equity rose 69.35% to ¥3.52 billion, mainly due to new share issuance and minority shareholder capital injection.

• Net cash flow from operating activities was -¥993 million, a 15.86% year-over-year improvement.

• Net cash flow from financing activities surged 1,075.67% due to capital raised from a non-public share offering and minority investment in a subsidiary.

Outlook and guidance

• Focus remains on core business, market expansion, project delivery, and ongoing cost control to drive profitability.