Sharetronic(SZ:300857) Xin Lang Cai Jing·2025-10-31 06:48Core Insights - The company reported a significant increase in revenue and net profit for the first three quarters of 2025, with revenue reaching 8.331 billion yuan, a year-on-year growth of 54.43%, and net profit attributable to shareholders at 698 million yuan, up 25.30% [1] - In Q3 2025, the company achieved record-high performance with revenue of 3.387 billion yuan, a remarkable increase of 86.43%, driven by rising market demand and rapid development of intelligent computing products and services [1] - The company is accelerating its investment in computing power and has submitted an application for H-share listing in Hong Kong to enhance its overseas financing capabilities [2] Financial Performance - For the first three quarters of 2025, the company's net profit attributable to shareholders was 698 million yuan, with a non-recurring net profit of 683 million yuan, both showing a year-on-year increase of over 25% [1] - In Q3 2025, the net profit attributable to shareholders was 266 million yuan, reflecting a year-on-year growth of 33.44%, while the non-recurring net profit was 264 million yuan, up 36.86% [1] - Total assets reached 18.194 billion yuan by the end of Q3 2025, marking a 149.08% increase since the beginning of the year [1] Investment Strategy - The company plans to invest up to 4 billion yuan in server procurement, with total disclosed procurement investments reaching 12.2 billion yuan as of October 21, 2025 [2] - The company aims to optimize its overseas business layout and enhance its international capital operation platform through the upcoming H-share listing [2] - Revenue projections for 2025-2027 are estimated at 11.932 billion yuan, 17.967 billion yuan, and 23.097 billion yuan, with net profits expected to be 1.109 billion yuan, 2.131 billion yuan, and 2.892 billion yuan respectively [3]