JCET Group: Q3 revenue up, profit down amid rising costs
JCET Group released its third-quarter 2025 report, revealing a 6.03% increase in third-quarter revenue to CNY 10.06bn compared to the previous year. Year-to-date revenue reached CNY 28.67bn, up 14.78%. However, net profit attributable to shareholders for the third quarter saw a slight increase of 5.66% to CNY 482.96m. Year-to-date, this figure decreased by 11.39% to CNY 953.75m. Profit excluding non-recurring gains and losses also declined by 21.27% to CNY 346.11m for the quarter, and by 23.25% to CNY 783.68m year-to-date.
The company's total assets stood at CNY 52.87bn at the end of the reporting period, a 2.20% decrease from the previous year. Owner's equity attributable to the parent company increased by 1.97% to CNY 28.16bn. Basic earnings per share for the quarter were CNY 0.27, an increase of 8.00%, but year-to-date basic earnings per share decreased by 11.67% to CNY 0.53. Cash flow from operating activities year-to-date decreased by 6.13% to CNY 3.69bn.
JCET Group indicated active adaptation to international market demands, optimizing its product structure, and advancing technological processes. Revenues from computing electronics, industrial and medical electronics, and automotive electronics increased by 69.5%, 40.7%, and 31.3%, respectively. However, increased raw material costs and new factory ramp-up costs impacted profit margins, with financial expenses also rising. The company plans to implement cost-cutting measures and focus on higher-margin, high-value-added packaging and testing products to improve profitability.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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