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Q3 2025 revenue fell 31.3% year-over-year to ¥1.99 billion, with net profit down 9.42% amid a photovoltaic industry downturn. Operating cash flow was negative due to slower customer payments and continued supplier support.
Original document: Suzhou Maxwell Technologies Co., Ltd. Class A [300751] Interim report — Oct. 29 2025
Revenue and net profit declined by 13.48% and 14.59% year-over-year, respectively, with negative operating cash flow. A cash dividend of ¥5 per 10 shares is proposed, and no changes occurred in controlling shareholders.
Original document: Suzhou Maxwell Technologies Co., Ltd. Class A [300751] Interim report — Aug. 22 2025
Q1 2025 revenue was stable year-over-year, but net profit fell 37.7% due to industry headwinds, order delays, and higher asset impairment provisions. Operating cash flow turned sharply negative as customer payments slowed.
Original document: Suzhou Maxwell Technologies Co., Ltd. Class A [300751] Interim report — Apr. 29 2025
Suzhou Maxwell achieved 21.5% revenue growth in 2024, led by HJT solar equipment, but net profit growth slowed to 1.3% amid industry headwinds and higher risk provisions. R&D investment and domestic sales rose, while overseas sales declined.
Original document: Suzhou Maxwell Technologies Co., Ltd. Class A [300751] Annual Financial Statement — Apr. 29 2025
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