Sumavision Technologies sees Q3 revenue jump, profit plunge

Sumavision Technologies reported a 24.46% increase in operating revenue for Q3 2025, reaching 200,530,250.92 yuan, with year-to-date operating revenue up 24.58% to 465,375,896.76 yuan. However, net profit attributable to shareholders for the quarter experienced a substantial decrease of 63.55% to 7,920,446.09 yuan, though the year-to-date figure showed a 10.34% increase to 24,620,771.59 yuan. Net profit excluding non-recurring items saw an even steeper decline of 88.10% for the quarter and 63.06% year-to-date.

Operating cash flow for the year-to-date period increased significantly by 990.06% to 37,517,437.67 yuan. This was driven by a 34.28% increase in cash received from sales of goods and services to 544,562,235.73 yuan. Basic and diluted earnings per share for the quarter decreased by 63.82% to 0.0055 yuan, but the year-to-date figures increased by 10.26% to 0.0172 yuan.

Total assets grew by 0.69% to 4,651,372,972.86 yuan compared to the end of the previous year, while equity attributable to shareholders slightly decreased by 0.30% to 4,217,905,880.16 yuan. The report highlighted increased capital expenditure, particularly in purchasing wealth management products, as a key factor in cash flow movements.