天岳先进:2025年前三季度净利骤降99% 大幅计提资产减值2388万元

Core Viewpoint - Tianyue Advanced (688234.SH) reported significant asset impairment losses for the first three quarters of 2025, impacting its profitability and revenue due to competitive pricing strategies in the silicon carbide market [1] Financial Performance - The company recognized a total asset impairment loss of 23.8792 million yuan, including credit impairment losses of 3.4371 million yuan and asset impairment losses of 20.4421 million yuan, which reduced the total profit for the first three quarters by the same amount (before tax effects) [1] - In Q3 2025, the company's revenue was 318 million yuan, a year-on-year decline of 13.76%; for the first three quarters, revenue totaled 1.1112 billion yuan, down 13.21% year-on-year [1] - The net profit attributable to the parent company for Q3 was -9.7603 million yuan, a year-on-year decrease of 123.72%; for the first three quarters, the net profit was 1.1199 million yuan, a drastic drop of 99.22% year-on-year [1] - The company's non-recurring net profit for the first three quarters was -29.7081 million yuan, a year-on-year decline of 121.94% [1]