Hangcha Group (603298) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥4.67 billion, up 11.22% year-over-year; year-to-date revenue was ¥13.97 billion, up 8.69% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥632.91 million, up 12.79% year-over-year; year-to-date net profit was ¥1.75 billion, up 11.21% year-over-year.

• The company completed the acquisition of Zhejiang Guozi Robotics, expanding its consolidated scope.

Financial highlights

• Operating income for Q3 was ¥745.10 million, up 17.46% year-over-year.

• Basic and diluted EPS for Q3 were both ¥0.48, up 11.63% year-over-year; year-to-date EPS was ¥1.34, up 11.67% year-over-year.

• Gross margin improved as cost control and scale effects took hold.

• Net cash flow from operating activities for the first nine months was ¥688.73 million, up 6.52% year-over-year.

Outlook and guidance

• Management did not provide explicit forward-looking guidance in this report.