Sharetronic Data Technology Co Ltd (300857) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 reached ¥8.33 billion, up 54.43% year-over-year, with net profit attributable to shareholders at ¥697.93 million, up 25.30% year-over-year.

• Growth driven by increased R&D, expansion in edge and cloud computing, robust AI and storage demand, and scaling of server remanufacturing.

• Total assets surged 149.08% to ¥18.19 billion as of September 30, 2025.

Financial highlights

• Q3 revenue: ¥3.39 billion, up 86.43% compared to the same quarter last year.

• Q3 net profit attributable to shareholders: ¥265.88 million, up 33.44% year-over-year.

• Basic EPS for Q3: ¥0.7702, down 5.19% year-over-year; nine-month EPS: ¥2.0341, down 10.73% year-over-year.

• Operating cash flow for the nine months: -¥1.37 billion, a significant decrease due to increased inventory and longer customer payment cycles.

• Gross margin and operating profit improved, with operating profit for the nine months at ¥759.78 million.

Outlook and guidance

• Continued investment in AI, cloud, and edge computing expected to drive future growth.

• International expansion planned via H-share listing in Hong Kong to enhance global capital access.