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China Tungsten And Hightech Materials
China Tungsten And Hightech Materials (000657) investor relations material
China Tungsten And Hightech Materials Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
9M 2026 revenue rose 85.57% YoY to ¥23.699bn; net profit attributable to shareholders increased 227.93% to ¥2.979bn, supported by higher tungsten prices and PCB micro-drill growth.
Capacity expansion and rising raw-material prices drove higher investment, inventories and borrowing; 9M operating cash flow was negative ¥561.7m.
Financial highlights
9M revenue was ¥23.699bn vs ¥12.770bn YoY; Q3 revenue increased 48.88% YoY.
9M net profit attributable to shareholders was ¥2.979bn vs ¥908.4m, up 227.93%; Q3 net profit was ¥902.6m, up 148.81%.
9M adjusted net profit was ¥2.966bn, up 279.94% YoY; Q3 adjusted net profit was ¥913.7m, up 207.83%.
9M operating profit was ¥3.883bn vs ¥1.166bn; net profit was ¥3.178bn vs ¥994.3m.
9M basic and diluted EPS were ¥1.3073, up 218.54% YoY; weighted-average ROE was 26.37%, up 16.75 percentage points.
Outlook and guidance
A 10,000-ton technical-upgrade project continued, alongside investment in in-house micro-drill equipment, as capacity expansion progressed.
Semiconductor and AI industry opportunities, together with PCB micro-drill volume and price increases, supported growth initiatives.
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Latest events from China Tungsten And Hightech Materials
- Net profit rose 280% year-over-year on strong revenue and margin gains, led by high-end products.000657
Q2 2026 - Revenue and net profit surged year-over-year, reinforcing industry leadership and resource security.000657Q4 2025
- Net profit dropped 39.3% despite record revenue, reflecting margin and cost pressures.000657Q2 2024
- Revenue up 7.13% but net profit down 34.66% year-over-year amid cost pressures.000657Q3 2024
- Revenue and net profit remained robust in Jan–May 2025, with stable financial health.000657Q4 2024
- A and F shares outperformed the benchmark, with strong liquidity and prudent risk management.000657Q2 2025
- Adjusted net profit surged 341.62% year-over-year on higher revenue and acquisition gains.000657Q1 2025
- Core net profit soared over 400% year-over-year, fueled by acquisition and business expansion.000657Q3 2025
- Q1 revenue and profit soared on higher tungsten prices, but cash flow turned negative.000657Q1 2026
China Tungsten And Hightech Materials
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