OPT Machine Vision Tech (688686) Q3 2025 earnings summary

Executive summary

• Q3 revenue reached RMB 329.8m, up 56.33% YoY; net profit attributable to shareholders was RMB 36.6m, up 97.21% YoY. YTD revenue rose 38.06% and attributable net profit rose 38.43%.

• Excluding share-based payment expenses, YTD attributable net profit was RMB 190.4m, up 55.75% YoY; adjusted attributable net profit excluding non-recurring items was RMB 171.6m, up 53.65%.

Financial highlights

• Q3 total profit was RMB 36.2m, up 139.87% YoY; basic and diluted EPS were RMB 0.3008 and RMB 0.2999, up 97.76% and 97.17%, respectively.

• YTD total profit was RMB 196.1m, up 47.69%; attributable net profit was RMB 182.6m, up 38.43%, and adjusted net profit excluding non-recurring items was RMB 163.9m, up 34.99%.

• YTD operating cash flow increased to RMB 129.1m from RMB 17.8m; the report attributes the improvement mainly to higher customer collections.

Segment performance

• YTD 3C revenue was RMB 600.3m, up 27.68% YoY; lithium-battery revenue was RMB 257.4m, up 51.07%.

• In Q3, 3C revenue grew 40.56% YoY, supported by industrial AI adoption; lithium-battery revenue grew 54.35% amid industry recovery and overseas expansion.

• Dongguan Tailai, consolidated from Q2, contributed YTD revenue of RMB 70.1m and attributable net profit of RMB 5.1m; excluding its consolidation, machine-vision revenue rose 28.50% and attributable net profit rose 34.58%.