Shaanxi Lighte Optoelectronics Material (688150) Q3 2025 earnings summary

Executive summary

• Q3 revenue rose 18.61% YoY and net profit attributable to shareholders rose 43.27%; higher OLED terminal-material sales and continued cost reduction and efficiency improvements drove profit growth.

• 9M revenue increased 18.77% YoY and net profit attributable to shareholders increased 38.62%.

Financial highlights

• Q3 revenue was RMB 131.26m, up 18.61% YoY; 9M revenue was RMB 423.04m, up 18.77%.

• Q3 net profit was RMB 53.39m, up 43.27%; adjusted for non-recurring items, net profit was RMB 49.89m, up 49.54%.

• 9M net profit was RMB 179.86m, up 38.62%; adjusted for non-recurring items, net profit was RMB 169.73m, up 46.51%.

• 9M profit before tax was RMB 205.06m, up 39.08%; Q3 profit before tax was RMB 60.87m, up 44.98%.

• 9M operating cash flow was RMB 170.14m, up 18.70% YoY.

Segment performance

• Higher sales of OLED terminal materials were cited as a driver of profit growth, alongside ongoing cost reduction and efficiency improvements.