AI算力需求驱动，新易盛Q3净利润为23.85亿元，环比增长0.63%，营收同比增长152.53% | 财报见闻

Core Insights - The company reported significant growth in Q3 2025, with revenue reaching 6.068 billion RMB, a year-on-year increase of 152.53%, and net profit of 2.385 billion RMB, up 205.38% [1][2][3] Financial Performance - For the first three quarters of 2025, total revenue was 16.505 billion RMB, reflecting a 221.70% increase compared to the same period last year [3] - Net profit for the same period reached 6.327 billion RMB, marking a 284.37% year-on-year growth [3] - The basic and diluted earnings per share were both 2.4 RMB, representing a 203.80% increase [2][3] Cost and Expenses - Operating costs increased by 194.30% to 8.707 billion RMB, primarily due to expanded sales [3] - Research and development expenses rose to 501 million RMB, a 149.57% increase, indicating a commitment to maintaining technological leadership [3] - Sales expenses also grew by 96.88%, driven by market expansion and increased personnel costs [3] Balance Sheet Expansion - Total assets reached 21.356 billion RMB, a 74.10% increase from the previous year [3] - Cash and cash equivalents surged to 5.439 billion RMB, up 239.86%, attributed to strong sales collections and tax refunds [3] - Inventory increased to 6.603 billion RMB, a 59.79% rise, reflecting preparations for current and anticipated orders [3] Liabilities and Financial Health - Accounts payable and notes payable grew by 110.82% and 55.03%, respectively, due to increased raw material procurement [3] - Employee compensation liabilities rose significantly by 131.00%, indicating a potential increase in workforce or salary levels [3]