Yangtze Optical Fibre And Cable (6869) Q3 2025 earnings summary

Executive summary

• Operating income for Q3 2025 reached RMB 3.89 billion, up 16.27% year-over-year, with nine-month revenue at RMB 10.28 billion, up 18.18% year-over-year.

• Net profit attributable to equity shareholders for Q3 was RMB 173.93 million, down 10.89% year-over-year; for the nine months, it was RMB 469.68 million, down 18.02% year-over-year.

• Profit before income tax for Q3 increased 37.23% year-over-year, driven by revenue and gross profit margin growth.

Financial highlights

• Net cash generated from operating activities for the nine months was RMB 1.82 billion, up 144.10% year-over-year, due to improved accounts receivable collection and higher overseas revenue.

• Basic and diluted EPS for the nine months were RMB 0.62, down 18.42% year-over-year.

• Total assets as of 30 September 2025 were RMB 34.86 billion, up 9.89% from year-end 2024.

• Total equity attributable to shareholders was RMB 11.83 billion, up 1.70% from year-end 2024.

Outlook and guidance

• Management highlighted continued growth in overseas business and improved capital recovery, suggesting a focus on international expansion and operational efficiency.