On October 30, Shandong Weigao Orthopaedic Device Co.,Ltd. (688161) released its Q3 2025 financial report. The company reported revenue of RMB1.11 billion, marking a 2.1% year-on-year increase. Net profit attributable to shareholders reached RMB207 million, up 26.2% YoY, while adjusted net profit stood at RMB194 million, rising 22.1% YoY. Operating cash flow surged 31.9% to RMB250 million, with diluted EPS at RMB0.5185.
For the third quarter alone, revenue grew 9.8% YoY to RMB365 million. However, net profit attributable to shareholders declined 8.0% YoY to RMB65.45 million, and adjusted net profit fell 16.2% to RMB58.65 million. Q3 EPS was RMB0.1636.
As of Q3-end, total assets amounted to RMB5.093 billion, up 2.9% from year-end 2024. Shareholders' equity increased 3.0% to RMB4.073 billion.
The report outlined the company's core business focus on R&D, production, and sales of orthopedic medical devices, including joint reconstruction, minimally invasive spine solutions, and tissue repair products. The joint product line drove revenue growth through sales model adjustments and product mix optimization. The spine minimally invasive line responded to clinical demand shifts with updated offerings, boosting sales. The tissue repair line expanded product indications, strengthening its academic positioning in specialized markets.
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