Jingyuntong reports Q3 2025 revenue decline, but narrows nine-month loss

Beijing Jingyuntong Technology Co., Ltd. reported consolidated revenue of 932.2m yuan for the third quarter of 2025, a 10.72% decrease year-on-year. Year-to-date revenue for the first nine months of 2025 was 2.46bn yuan, a 37.55% reduction, primarily due to a decline in new materials business operating income. The company's net profit attributable to shareholders was a loss of 15.38m yuan for Q3 2025.

For the first nine months of 2025, the net profit attributable to shareholders was a loss of 227.39m yuan, compared to a loss of 1.41bn yuan in the same period of 2024. This indicates an improvement in the net loss despite the revenue decline. Basic earnings per share for the nine-month period were -0.094 yuan. The company stated it adjusted the operating rate of its new materials business and enhanced operational efficiency, leading to a substantial reduction in losses.

Total assets as of September 30, 2025, were 18.55bn yuan, a 4.29% decrease from the end of last year. Net cash generated from operating activities for the first nine months of 2025 was 763.76m yuan, attributed to a decrease in material payments.