Sieyuan Electric reports strong Q3 2025 earnings growth

Sieyuan Electric reported a 25.68% increase in Q3 2025 operating revenue, reaching 5.33 bn yuan. Net profit attributable to shareholders surged by 48.73% to 898.67m yuan, with diluted earnings per share also rising by 47.44% to 1.15 yuan. For the year-to-date, operating revenue climbed 32.86% to 13.83 bn yuan, and net profit attributable to shareholders increased 46.94% to 2.19 bn yuan.

The company's total assets grew by 16.12% to 27.26 bn yuan compared to the previous year-end, while shareholder equity rose by 16.77% to 14.46 bn yuan. Several balance sheet items saw substantial increases, including accounts receivable up 23.05% due to higher revenue, and inventory up 44.58% driven by business growth and increased supplier payments. Other current assets also jumped 62.60%, mainly due to increased input tax credits.

Notably, the company’s operating cash flow net amount decreased by 44.67% to 431.55m yuan for the year-to-date, primarily due to increased inventory and corresponding supplier payments.