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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
China National Nuclear Power
China National Nuclear Power (601985) investor relations material
China National Nuclear Power Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary27 Oct, 2026
Executive summary
Q3 revenue rose 3.82% YoY to RMB 21.45bn and parent net income increased 3.80% to RMB 2.42bn; 9M revenue and parent net income fell 2.90% and 24.20%, respectively.
9M operating cash flow increased 16.20% YoY to RMB 35.17bn, despite lower revenue and profit.
Financial highlights
9M revenue was RMB 59.85bn, down 2.90% YoY; total profit was RMB 15.26bn, down 23.12%.
9M net income was RMB 12.05bn versus RMB 15.50bn; parent net income was RMB 6.07bn versus RMB 8.00bn.
Adjusted parent net income, excluding non-recurring items, was RMB 5.98bn, down 24.90% YoY; 9M non-recurring gains net of tax and minority interests were RMB 89.58m.
Q3 total profit was RMB 5.97bn, up 0.75% YoY; parent net income was RMB 2.42bn, up 3.80%.
Segment performance
Nuclear revenue declined RMB 835m, or 1.67% YoY, and nuclear parent net income fell RMB 959m, or 12.84%.
New-energy revenue declined RMB 951m, or 8.23% YoY; segment parent net income fell RMB 977m, or 182.59%.
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Latest events from China National Nuclear Power
- Net profit fell 35.7% on lower generation and higher costs, but cash flow and dividends remained robust.601985
H1 2026 - Record power generation and profit growth, with strong expansion in nuclear and renewables.601985H2 2025
- Net profit fell 34.19% year-over-year on lower revenue and higher overhaul costs.601985Q1 2026
- Revenue up 8.16% but net profit down 10.42% year-over-year due to cost and dilution impacts.601985Q3 2025
- Revenue up 9.43% year-over-year, net profit down 3.66%, interim dividend proposed.601985H1 2025
- Profit declined as revenue growth was offset by lower electricity prices and rising costs.601985Q3 2024
- Revenue up 3.15%, net profit down 2.65%, clean energy output and assets grew.601985H1 2024
- Revenue up 3.09%, net profit down 17.38%, new energy growth offset nuclear decline.601985H2 2024
- Revenue and net profit grew, but cash flow and new energy margins declined.601985Q1 2025
Next China National Nuclear Power earnings date
H2 202626 Apr, 2027
China National Nuclear Power
Next China National Nuclear Power earnings date
H2 202626 Apr, 2027
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