Shanghai Zhangjiang Hi-Tech Park Development (600895) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 reached RMB 2.00 billion, up 19.09% year-over-year.

• Net profit attributable to shareholders was RMB 616.57 million, a 20.66% increase year-over-year.

• Basic and diluted EPS for the period were RMB 0.38, up 15.15% from the previous year.

Financial highlights

• Q3 revenue was RMB 299.86 million, down 34.41% compared to the same quarter last year.

• Q3 net profit attributable to shareholders was RMB 247.43 million, up 1.09% year-over-year.

• Operating cash flow for the first nine months was negative RMB 587.23 million, a 74.27% improvement year-over-year.

• Total assets at period end were RMB 60.42 billion, up 1.72% from the end of last year.

• Shareholders’ equity increased 6.36% to RMB 15.69 billion.

Outlook and guidance

• Management highlighted increased cash reserves and improved investment returns, indicating a focus on financial stability and growth.