Yunnan Aluminium (SZ:000807) Xin Lang Cai Jing·2025-10-30 00:38Core Viewpoint - The company reported steady financial performance for Q3 2025, with significant year-on-year growth in revenue and net profit, alongside a strategic investment in Yunnan Aluminum Foil to enhance its industry chain collaboration [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved revenue of 44.072 billion yuan, a year-on-year increase of 12.47%, and a net profit attributable to shareholders of 4.398 billion yuan, up 15.14% [1]. - In Q3 alone, the company recorded revenue of 14.993 billion yuan, a 3.13% increase year-on-year, and a net profit of 1.630 billion yuan, reflecting a 25.31% growth [1]. - The company's cash flow from operating activities reached 6.977 billion yuan, a 25.19% increase year-on-year, with total cash and cash equivalents amounting to 10.675 billion yuan [1]. Profitability Metrics - Q3 gross margin stood at 17.95%, up 4.37 percentage points year-on-year, while net margin was 13.69%, an increase of 3.62 percentage points year-on-year [1]. - Return on equity (ROE) for Q3 was 5.18%, reflecting a year-on-year increase of 0.49 percentage points [1]. Strategic Investment - The company announced a 500 million yuan investment to acquire a 16.70% stake in Yunnan Aluminum Foil, a leading player in the domestic aluminum foil manufacturing industry [2]. - This investment aims to leverage the technological strengths of Yunnan Aluminum Foil and the company's green aluminum resources to foster collaborative development within the industry [2]. Earnings Forecast - The company projects earnings per share (EPS) of 1.87, 2.13, and 2.38 yuan for the years 2025 to 2027, with corresponding price-to-earnings (PE) ratios of 13, 11, and 10 times [2].