GRG Banking Equipment (002152) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥2.63 billion, up 9.13% year-over-year, while net profit attributable to shareholders fell 21.97% to ¥136 million for the quarter.

• Year-to-date revenue was ¥7.91 billion, up 11.08% year-over-year, but net profit attributable to shareholders declined 10.51% to ¥602 million.

• Cash flow from operating activities improved significantly, with a net outflow of ¥400.7 million, a 61.5% improvement over the prior year.

Financial highlights

• Basic and diluted EPS for Q3 were ¥0.05, down 28.57% year-over-year; year-to-date EPS was ¥0.24, down 11.11%.

• Gross margin and operating profit details indicate cost pressures, with operating costs rising alongside revenue.

• Total assets at quarter-end were ¥29.1 billion, up 3.59% from the previous year-end.

• Shareholders’ equity attributable to listed company shareholders increased 1.13% to ¥12.72 billion.

Outlook and guidance

• No explicit forward-looking guidance provided, but management notes ongoing investment in AI smart device projects and continued cost management.