日久光电2025年三季报：净利润增长超三成 经营性现金流大幅改善

Core Insights - The company reported a revenue of 199 million yuan for Q3 2025, representing a year-on-year growth of 21% [1] - The net profit attributable to the parent company for Q3 was 31.3 million yuan, an increase of 35% compared to the same period last year [1] - For the first three quarters of 2025, the company achieved a cumulative revenue of 501 million yuan and a net profit of 76.91 million yuan, reflecting increases of 13% and 37% respectively [1] - The company's non-recurring net profit grew by 45%, indicating solid profitability in its core business [1] Financial Performance - The net cash flow from operating activities reached 136 million yuan, a significant increase of 57.18% year-on-year, attributed to faster sales collection [1] - Financial expenses were recorded at -162,700 yuan, a decrease of 132.34% from the previous year, mainly due to reduced short-term borrowings [1] - As of the end of the reporting period, total assets stood at 1.22 billion yuan, with net assets of 1.09 billion yuan and a debt-to-asset ratio of approximately 11%, indicating a stable financial structure [1] Future Outlook - The board of directors did not provide new forecasts for the full-year performance but emphasized the importance of seizing the demand recovery window and accelerating capacity release [1]