Goneo Group (603195) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 was RMB 4.03 billion, down 4.44% year-over-year; nine-month revenue was RMB 12.20 billion, down 3.22% year-over-year.

• Net profit attributable to shareholders for Q3 was RMB 919 million, down 10.29% year-over-year; nine-month net profit was RMB 2.98 billion, down 8.72% year-over-year.

• Basic EPS for Q3 was RMB 0.51, down 10.53% year-over-year; nine-month EPS was RMB 1.65, down 8.84% year-over-year.

Financial highlights

• Operating cash flow for the first nine months was RMB 3.62 billion, up 20.12% year-over-year.

• Gross margin and operating margin details not explicitly stated, but operating profit and net profit both declined year-over-year.

• Non-recurring gains for the nine months totaled RMB 277.6 million, including government subsidies and investment returns.

Outlook and guidance

• No explicit forward-looking guidance provided in the report.