Fibocom Wireless Inc (300638) Q3 2025 earnings summary

Executive summary

• 9M 2025 revenue fell 13.69% YoY to RMB5.366bn; excluding Rolling Wireless’s disposed in-vehicle front-fit module business, continuing-operations revenue rose 7.32%.

• 9M net profit attributable to shareholders declined 51.50% to RMB316.2m; on the same continuing-operations basis excluding Rolling Wireless, it fell 2.19%.

Financial highlights

• Q3 revenue was RMB1.659bn, down 22.56% YoY; 9M revenue was RMB5.366bn, down 13.69%.

• Q3 net profit attributable to shareholders was RMB98.3m, down 69.14% YoY; 9M was RMB316.2m, down 51.50%.

• Adjusted for non-recurring items, Q3 attributable net profit was RMB94.7m, down 29.31% YoY; 9M was RMB297.0m, down 34.05%.

• 9M operating profit was RMB339.3m versus RMB662.3m; net profit was RMB315.3m versus RMB656.6m.

Segment performance

• Excluding Rolling Wireless’s in-vehicle front-fit module business, 9M continuing-operations revenue increased 7.32% YoY, while attributable continuing-operations net profit decreased 2.19%.