CNGR Advanced Material (300919) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥11.97 billion, up 18.84% year-over-year, with YTD revenue at ¥33.30 billion, up 10.39% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥379.92 million, down 17.33% year-over-year; YTD net profit was ¥1.11 billion, down 15.94% year-over-year.

• Excluding non-recurring items, Q3 net profit was ¥370.87 million, down 0.97% year-over-year; YTD was ¥1.02 billion, down 10.24% year-over-year.

Financial highlights

• Basic and diluted EPS for Q3 were ¥0.42, down 14.29% year-over-year; YTD EPS was ¥1.22, down 13.48%.

• Operating cash flow for Q3 was ¥2.22 billion, down 22.76% year-over-year.

• Gross margin and operating profit margin declined due to increased costs and expenses.

• Total assets at Q3-end were ¥76.50 billion, up 4.77% from year-end 2024.

• Shareholders’ equity at Q3-end was ¥20.32 billion, up 0.88% from year-end 2024.

Outlook and guidance

• Management attributes revenue growth to increased sales in battery materials and new energy metals.

• Cost increases and global expansion are expected to continue impacting margins.