In the first three quarters, Hainan Huatie's revenue increased by 19.38%, and the net profit of the intelligent computing segment exceeded 50 million
Hainan Huatie released its Q3 2025 report, with revenue of 4.447 billion yuan in the first three quarters, a year-on-year increase of 19.38%; revenue for the single third quarter was 1.642 billion yuan, a year-on-year increase of 20.21%. The net profit attributable to the parent company reached 530 million yuan, a year-on-year increase of 8.83%, with a net profit of 189 million yuan in the single third quarter, a year-on-year increase of 24.21%. The net cash flow from operating activities was 2.362 billion yuan, a year-on-year increase of 38.10%. The intelligent computing segment performed outstandingly, with revenue of 212 million yuan in the first three quarters and net profit exceeding 50 million yuan
According to the Zhitong Finance APP, on October 29, Hainan Huatie (603300.SH) disclosed its Q3 2025 report, showing significant growth in overall performance and synergy with computing power business, with remarkable results from its strategic transformation. The financial report indicates that in the first three quarters, the company achieved operating revenue of 4.447 billion yuan, a year-on-year increase of 19.38%; among which, the revenue for the single third quarter reached 1.642 billion yuan, with a further year-on-year growth rate of 20.21%, showing a trend of acceleration quarter by quarter. In terms of net profit attributable to the parent company, the cumulative amount for the first three quarters reached 530 million yuan, a year-on-year increase of 8.83%, with a net profit of 189 million yuan in the single third quarter, up 24.21% year-on-year, indicating a continuous improvement in profitability.
In addition, the Q3 report data shows that the net cash flow generated from operating activities in the first three quarters reached 2.362 billion yuan, a substantial year-on-year increase of 38.10%, with simultaneous improvement in operational quality, providing solid financial support for continuous investment in computing power infrastructure.
As a listed enterprise under Hainan Holdings, a state-owned enterprise in Hainan Province, Hainan Huatie has formed a dual-driven pattern of "traditional equipment leasing + intelligent computing services" in its core business. After the entry of Hainan State-owned Assets in 2024, Hainan Huatie will focus on the operation services of various engineering equipment such as aerial work platforms, construction support equipment, and underground maintenance equipment while accelerating its strategic transformation and laying out intelligent computing business, leveraging the policy advantages of the free trade port to replicate the mature model of equipment leasing and develop computing power equipment leasing and comprehensive solution services.
In terms of traditional business, Hainan Huatie has risen to 27th place in the global leasing top 100 list (IRN100) and to 3rd place in the global aerial work machinery leasing ranking (Access50).
As the core of Hainan Huatie's strategic transformation, the intelligent computing sector has shown particularly impressive performance in the Q3 report. In the first three quarters, this sector achieved operating revenue of 212 million yuan, with net profit attributable to the parent company exceeding 50 million yuan, and the business scale expanding rapidly. As of the end of September, the company had delivered a cumulative computing power asset of 1.512 billion yuan, continuing to grow from the 1.4 billion yuan scale disclosed in the interim report
