Kuang-Chi Technologies reports strong Q3 revenue and profit growth

Kuang-Chi Technologies reported a 56.50% increase in Q3 2025 operating revenue, reaching 652.9 million yuan. Net profit attributable to shareholders surged by 25.28% to 220.1 million yuan. For the first nine months of 2025, cumulative operating revenue grew by 25.76% to 1.6 billion yuan, with cumulative net profit attributable to shareholders rising 12.81% to 605.8 million yuan. Basic and diluted earnings per share for the nine-month period were both 0.28 yuan, up 12.00% year-over-year.

The company's total assets increased by 14.69% to 11.38 billion yuan as of September 30, 2025, compared to the end of the previous year. Net cash flow from operating activities for the first nine months increased by 148.27% to 244.7 million yuan, driven by higher sales collections. The company also announced the signing of new metamaterial product batch production contracts totaling 1.28 billion yuan.

Key balance sheet changes include a 45.82% increase in accounts receivable due to increased sales and customer payment cycles, and a 114.61% rise in inventory driven by preparations for delivery tasks. Accounts payable also saw a 97.81% increase, mainly due to purchases for metamaterial delivery tasks and capital expenditure projects.