Huitian New Materials(SZ:300041) Quan Jing Wang·2025-10-28 08:14Core Insights - Hubei Huitian New Materials Co., Ltd. reported a strong performance in Q3 2025, with revenue of approximately 1.117 billion yuan, a year-on-year increase of 10.02%, and a net profit attributable to shareholders of approximately 73.41 million yuan, a significant increase of 179.06% [1] - For the first three quarters, the company achieved a cumulative revenue of 3.285 billion yuan, up 8.49% year-on-year, and a net profit of 216 million yuan, reflecting a 32.38% increase [1] - The net profit excluding non-recurring gains reached 182 million yuan, a year-on-year growth of 60.37%, indicating improved profitability quality in core operations [1] Financial Performance - The company's investment income and fair value changes saw substantial growth, attributed to financial management gains and rising fair value of financial assets [2] - Despite a significant increase in income tax expenses due to profit growth, the net profit continued to grow rapidly [2] - Key financial assets such as trading financial assets, receivables financing, and long-term equity investments showed notable increases, reflecting proactive financial management and investment strategies [2] Business Strategy and Market Position - The company focuses on "steady growth and structural adjustment" through technological innovation, targeting four core business areas: electronic adhesives, automotive adhesives, photovoltaic adhesives, and packaging adhesives [1] - The company has made significant strides in expanding its product offerings, particularly in high-end products like lithium battery negative electrode adhesives and high thermal conductivity adhesives, enhancing overall operational quality [2] - Future plans include advancing digital transformation, strengthening cost control, and improving operational efficiency to maintain a leading position in the adhesive industry [2]