2025-11-13 09:49Financial Performance - For Q3 2025, the company's revenue was $2,381.8 million, representing a 7.8% increase from Q2 2025's $2,209.1 million[5]. - Gross profit for Q3 2025 was $522.8 million, up from $449.8 million in Q2 2025, with a gross margin of 22.0% compared to 20.4% in Q2 2025[5][16]. - The net profit for Q3 2025 was $315.5 million, a 115.1% increase compared to $146.7 million in Q2 2025[16]. - The company reported a significant increase in profit attributable to owners, reaching $191.8 million in Q3 2025, up 44.7% from $132.5 million in Q2 2025[16]. - Operating profit for Q3 2025 increased to $351,069, up from $150,677 in Q2 2025, representing a growth of 133.3%[31]. - The company reported a net profit of $315,466 for Q3 2025, compared to $146,681 in Q2 2025, marking a significant increase of 115.5%[31]. Expenses and Costs - The company's operating expenses decreased significantly by 42.6% to $171.7 million in Q3 2025 from $299.1 million in Q2 2025[16]. - Research and development expenses increased to $203.1 million in Q3 2025, up from $181.9 million in Q2 2025[22]. - Operating expenses decreased by 42.6% quarter-over-quarter to $171.7 million in Q3 2025[22]. Cash Flow and Assets - Cash and cash equivalents decreased to $3,481.7 million in Q3 2025 from $5,082.7 million in Q2 2025[27]. - Net cash from operating activities for Q3 2025 was $941,112, a decrease from $1,069,672 in Q2 2025[38]. - Total assets as of September 30, 2025, were $49,426,552, slightly down from $49,446,163 at the end of Q2 2025[36]. - Total liabilities decreased to $16,350,188 from $16,704,389 in Q2 2025, showing improved financial stability[36]. Market Position and Sales - The company maintains a strong market position as a leading semiconductor foundry, providing 8-inch and 12-inch wafer fabrication services globally[12]. - Revenue from the China region accounted for 86.2% in Q3 2025, slightly down from 86.4% in Q3 2024[17]. - Total wafer sales increased by 4.6% from Q2 2025 to 2,499,465 wafers in Q3 2025, representing a 17.8% year-over-year growth[19]. Future Outlook - The company expects Q4 2025 revenue to remain flat to increase by 2%, with a gross margin guidance of 18% to 20%[8][9]. - Capacity utilization increased to 95.8% in Q3 2025, up 3.3 percentage points from Q2 2025[7]. Capital Expenditures - Capital expenditures rose to $2,394.2 million in Q3 2025, up from $1,885.1 million in Q2 2025[20]. Other Income - The net loss from other income was $14.0 million in Q3 2025, compared to a gain of $9.7 million in Q2 2025[16]. - The company reported a net loss of $13.99 million in other income for Q3 2025, compared to a gain of $9.73 million in Q2 2025[23].