Lingyi iTech (002600) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months reached ¥37.59 billion, up 19.25% year-over-year, with net profit attributable to shareholders at ¥1.94 billion, a 37.66% increase year-over-year.

• Adjusted net profit (excluding non-recurring items) rose 26.67% year-over-year to ¥1.50 billion.

• Operating cash flow for the period was ¥2.30 billion, up 60.19% year-over-year.

Financial highlights

• Q3 revenue was ¥13.97 billion, up 12.91% compared to the same quarter last year.

• Q3 net profit attributable to shareholders was ¥1.01 billion, up 39.28% year-over-year.

• Basic and diluted EPS for the first nine months were ¥0.28 and ¥0.27, respectively, both up 40% and 35% year-over-year.

• Gross margin and operating profit improved, with a notable increase in investment and fair value gains.

Outlook and guidance

• The company is actively pursuing international expansion, including plans to issue H-shares and list on the Hong Kong Stock Exchange.

• Ongoing capital market activities include convertible bond issuance and asset acquisitions to support growth.