Noblelift Intelligent Equipment (603611) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 was RMB 5.03 billion, down 2.28% year-over-year.

• Net profit attributable to shareholders rose 9.23% year-over-year to RMB 396.31 million.

• Basic and diluted EPS for the period were RMB 1.54, up 9.22% year-over-year.

• Operating cash flow surged 513.01% year-over-year to RMB 536.33 million.

Financial highlights

• Gross margin improved as cost controls offset lower revenue.

• Total assets increased 7.72% from year-end 2024 to RMB 9.51 billion.

• Shareholders’ equity rose 6.83% to RMB 3.14 billion.

• Non-recurring gains contributed RMB 78.29 million to net profit for the nine-month period.

Outlook and guidance

• Management highlighted improved profitability and cash flow, with a focus on cost control and efficiency.