Core Viewpoint - The company reported its Q3 2025 earnings, showing a mixed performance with a slight decline in revenue but significant growth in net profit compared to the previous year [3][4]. Financial Performance - Q3 2025 revenue reached 227 million yuan, a year-on-year decrease of 1.18% [4]. - Net profit attributable to shareholders was 32.8 million yuan, reflecting a year-on-year increase of 33.72% [3][4]. - The net profit excluding non-recurring items was 32.8 million yuan, up 32.37% year-on-year [4]. - For the first three quarters of 2025, total revenue was 596 million yuan, an increase of 6.84% year-on-year [3]. - Net profit for the first three quarters was 86.2 million yuan, a growth of 42.8% year-on-year [3][4]. - The net profit excluding non-recurring items for the same period was 86.7 million yuan, up 46.63% year-on-year [3]. Profitability Metrics - The gross margin for Q3 2025 was 35.51%, an increase of 1.93 percentage points year-on-year and 1.35 percentage points quarter-on-quarter [4]. - The net profit margin for Q3 2025 was 14.46%, up 3.62 percentage points compared to the same period last year [4]. Cash Flow - The net cash flow from operating activities for the first three quarters reached 139 million yuan, a significant increase of 81.84% year-on-year, attributed to improved customer payment efficiency [5].
劲拓股份前三季度营收5.96亿,经营现金流大幅增长81.84%