China Tungsten And Hightech Materials (000657) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months reached ¥12.76 billion, up 13.39% year-over-year.

• Net profit attributable to shareholders was ¥845.82 million, an 18.26% increase year-over-year.

• Excluding non-recurring items, net profit surged 407.52% year-over-year due to the consolidation of a major acquisition.

Financial highlights

• Operating income for Q3 was ¥4.91 billion, up 34.98% compared to the same quarter last year.

• Basic and diluted EPS for the first nine months were ¥0.3821, up 10.63% year-over-year.

• Net cash flow from operating activities was -¥22.63 million for Q3, compared to ¥379.71 million last year.

• Total assets at period end were ¥20.78 billion, up 19.33% from the previous year-end.

• Shareholders’ equity increased 30.83% to ¥9.87 billion.

Outlook and guidance

• Expansion in business scale and market reach is expected to continue, supported by recent acquisitions and increased operating capacity.