Xi'an Triangle Defence profit surges 466% in Q3 2025

Xi'an Triangle Defence reported a net profit attributable to shareholders of RMB 105,128,679.82 for the third quarter of 2025, marking a 466.32% increase compared to the same period last year. Year-to-date, this figure reached RMB 375,452,301.63, up 25.64%. Basic earnings per share also saw a substantial rise, climbing 480.00% to RMB 0.19 for the quarter and 25.93% to RMB 0.68 year-to-date.

Total operating revenue for the quarter was RMB 461,548,955.49, a 44.87% increase from the previous year, although year-to-date operating revenue saw an 8.51% decrease, totaling RMB 1,246,663,457.29. The company's total assets decreased by 6.19% to RMB 8,585,113,096.00 compared to the previous year-end, while owners' equity attributable to the parent company increased by 4.39% to RMB 6,007,910,030.58.

Key changes in the balance sheet include a 75.27% decrease in accounts receivable due to maturing commercial acceptance bills, and a 12932.79% increase in accounts receivable financing as bank acceptance bill discounts decreased. Furthermore, fixed assets surged by 118.84% due to the completion and transfer of fundraising projects.