WLY(SZ:000858) 财联社·2025-10-30 10:51Core Viewpoint - Wuliangye's financial performance has significantly declined in Q3 2025, reflecting challenges in the liquor industry and increased company investments to adapt to market changes [1][2]. Financial Performance Summary - Q3 revenue was 8.174 billion yuan, a decrease of 52.66% year-on-year [5]. - Net profit for Q3 was 2.019 billion yuan, down 65.62% compared to the same period last year [5]. - Year-to-date revenue reached 60.945 billion yuan, a decline of 10.26% year-on-year [5]. - Year-to-date net profit was 21.511 billion yuan, down 13.72% year-on-year [5]. - Basic and diluted earnings per share for Q3 were 0.520 yuan, a decrease of 65.63% [5]. - The weighted average return on equity decreased by 2.97 percentage points to 1.43% for Q3 [5]. Industry Context - The decline in performance is attributed to the liquor industry being in a deep adjustment phase, with demand recovery not meeting expectations [2]. - The company's increased investments to respond to market changes have also contributed to the financial downturn [2].