索菲亚前三季度净利6.82亿元 同比下降26.05%

Core Insights - Sophia reported a revenue of 7.008 billion yuan for the first three quarters of 2025, a year-on-year decrease of 8.46%, with a net profit attributable to shareholders of 682 million yuan, down 26.05% [1] - In Q3 alone, revenue was 2.457 billion yuan, a decline of 9.88%, while net profit increased by 1.44% to 362 million yuan [1] Brand Performance - The Sophia brand has 1,793 city operators and 2,561 specialty stores, with 14.64% in provincial capitals, 20.58% in prefecture-level cities, and 64.78% in lower-tier cities. Revenue for the brand in the first nine months was 6.352 billion yuan, down 7.81% [1] - The Milan brand has 528 dealers and 556 specialty stores, with 7.01% in provincial capitals, 26.62% in prefecture-level cities, and 66.37% in lower-tier cities. Its revenue for the first nine months was 300 million yuan, down 18.43% [2] - The Simi brand has 132 dealers and 134 specialty stores, with 15.67% in provincial capitals, 34.33% in prefecture-level cities, and 50.00% in lower-tier cities. The brand is transitioning to a whole-home store strategy to enhance average transaction value [2] - The Huaher brand has 222 dealers and 270 specialty stores, generating 81 million yuan in revenue for the first nine months. Future plans include recruiting quality dealers and enhancing terminal capabilities [2] Channel Performance - In the first three quarters, Sophia's integrated channel generated 1.393 billion yuan in revenue, collaborating with 283 construction companies across 221 cities and regions, with 728 sample stores [2] - The retail integrated business has partnered with 2,473 construction companies, covering 1,482 markets and regions, with 2,375 sample stores [2] Financial Metrics - For Q3, the net profit attributable to shareholders was 362 million yuan, reflecting a 1.44% increase, while the net profit for the first nine months was 682 million yuan, down 26.05% [3] - The basic and diluted earnings per share for Q3 were 0.3760 yuan, up 1.43%, while for the first nine months, it was 0.7077 yuan, down 26.57% [3] - The weighted average return on equity was 5.16% for Q3, a slight increase of 0.09%, but down 3.95% to 9.23% for the first nine months [3] - Total assets at the end of the reporting period were approximately 13.744 billion yuan, a decrease of 16.05% from the previous year [3]