BAMC(SH:601137) Ge Long Hui A P P·2025-10-26 08:13Core Viewpoint - The financial performance of博威合金 (601137.SH) for Q3 2025 shows a significant decline in both revenue and net profit, primarily due to decreased profitability in the renewable energy sector [1] Financial Performance Summary - The company's operating revenue for Q3 2025 was RMB 5.252 billion, a year-on-year decrease of 8.12% [1] - The net profit attributable to shareholders was RMB 205 million, reflecting a year-on-year decline of 55.53% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 226 million, down 49.83% year-on-year [1] - Basic earnings per share were RMB 0.26 [1] Reasons for Performance Decline - The decline in performance is mainly attributed to reduced profitability in the renewable energy sector due to several factors: 1. The imposition of high anti-dumping duties by the U.S. on solar modules from Vietnam since the end of last year, significantly reducing profitability for components exported from Vietnam to the U.S. [1] 2. The North Carolina solar module factory has commenced production but is still in the ramp-up phase during Q3, resulting in higher costs [1] 3. The new materials segment has seen a substantial year-on-year increase in net profit, driven by higher sales volume and continuous improvement in product structure [1]