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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.
GoodWe Technologies
GoodWe Technologies (688390) investor relations material
GoodWe Technologies Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
Q3 revenue rose 54.07% YoY to RMB3.25bn; attributable net income increased 48.04% to RMB144.7m, despite total profit falling 78.30% to RMB18.7m.
9M revenue increased 53.34% YoY to RMB9.50bn, and attributable net income rose 431.48% to RMB431.1m.
Financial highlights
Q3 adjusted net income, excluding non-recurring items, was RMB141.9m, up 196.37% YoY.
9M total profit was RMB324.9m, up 290.42% YoY; consolidated net income was RMB410.3m versus RMB116.0m.
9M operating profit was RMB326.7m versus RMB84.7m in the prior-year period.
9M operating cash flow was RMB773.7m, compared with an outflow of RMB32.7m a year earlier.
Segment performance
Q3 sales of energy storage batteries and storage inverters increased substantially YoY; 9M household-system sales decreased substantially YoY.
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Latest events from GoodWe Technologies
- 2024 saw a net loss and revenue decline, with focus shifting to R&D and global expansion.688390
H2 2024 - Revenue up 52.96% and net profit rebounded to ¥286 million on strong global energy storage sales.688390Q2 2026
- Revenue up 25% and net profit rebounded on robust overseas sales and margin gains.688390Q1 2026
- 2025 revenue up 31.93%, net profit returns to positive, but industry risks remain.688390H2 2025
- Q3 net profit soared 200.8% year-over-year on strong inverter and battery sales.688390Q3 2025
- Revenue up 29.8% to ¥4.09B, net loss narrows, global sales and R&D rise.688390H1 2025
- Net profit dropped 78.6% in Q3 2024 as overseas sales slumped and cash flow turned negative.688390Q3 2024
- Revenue down 17.5% and net loss posted as overseas sales and margins declined sharply.688390H1 2024
- Revenue up 67% year-over-year, but gross margin and net profit remain under pressure.688390Q1 2025
Next GoodWe Technologies earnings date
Q4 202628 Apr, 2027
GoodWe Technologies
Next GoodWe Technologies earnings date
Q4 202628 Apr, 2027
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Frequently asked questions
GoodWe Technologies Co Ltd, formerly known as Jiangsu Goodwe Power Supply Technology Co Ltd, is a prominent manufacturer based in China specializing in the development, production, and sales of new energy power supply equipment, focusing on solar energy and energy storage systems. The company provides comprehensive smart energy management solutions suitable for residential, commercial, and utility-scale applications. Its product lineup includes photovoltaic grid-connected inverters, photovoltaic energy storage inverters, and smart energy management systems, catering to a global market. The company is headquartered in Suzhou, China, and its shares are listed on the Shanghai Stock Exchange.