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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.
Guangdong Haid Group
Guangdong Haid Group (002311) investor relations material
Guangdong Haid Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary26 Oct, 2026
Executive summary
Q3 revenue rose 4.95% YoY to ¥39.11B, while net income attributable to shareholders fell 13.81% to ¥1.30B; 9M revenue grew 7.55% and net income declined 29.83%.
9M operating cash flow increased 20.72% YoY to ¥6.06B, providing a stronger operating cash contribution despite lower earnings.
Financial highlights
9M revenue was ¥103.35B versus ¥96.09B; consolidated operating profit was ¥3.78B versus ¥4.78B, and net profit was ¥3.06B versus ¥4.36B.
9M net income attributable to shareholders was ¥2.91B, down 29.83% YoY; excluding non-recurring items, it was ¥2.40B, down 42.45%.
Non-recurring gains totaled ¥503.0M for 9M, including ¥550.4M from financial asset fair-value changes and disposals, partly offset by other non-recurring losses.
Key financial ratios and metrics
9M basic and diluted EPS were ¥1.77, down 28.92% YoY; Q3 EPS was ¥0.79, down 12.22%.
9M weighted average ROE was 11.52%, down 5.15% YoY; period-end total assets were ¥55.35B, up 16.30% from year-end.
Shareholders’ equity attributable to owners was ¥25.68B at quarter-end, up 5.92% from year-end.
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Latest events from Guangdong Haid Group
- Revenue up 9.19% but net profit down 38.95% year-over-year; strong feed and overseas growth.002311
Q2 2026 - Revenue up 12.1% to ¥128.47B, net profit down 4.97%, feed sales hit record high.002311Q4 2025
- Revenue up 13.19% but net profit down 30.82% as costs and impairments rise.002311Q1 2026
- Q3 2025 revenue rose 14.43% year-over-year, but operating cash flow fell 35.79%.002311Q3 2025
- Net profit up 24.16% YoY to ¥2.64B on record feed sales and strong overseas growth.002311Q2 2025
- Net profit jumped 30.17% in Q3 2024 despite a 4.75% revenue decline year-over-year.002311Q3 2024
- Net profit soared 93% on stable revenue, with strong feed sales and overseas growth.002311Q2 2024
- Net profit surged 49% year-over-year in Q1 2025, driven by strong revenue growth.002311Q1 2025
Next Guangdong Haid Group earnings date
Q4 202620 Apr, 2027
Guangdong Haid Group
Next Guangdong Haid Group earnings date
Q4 202620 Apr, 2027
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Frequently asked questions
Guangdong Haid Group Co., Ltd. is engaged in the research, production, and sale of animal feed, aquaculture products, and livestock farming solutions. The company provides a wide range of feed products tailored for poultry, swine, cattle, and aquatic species. It also operates in the fields of animal health and aquaculture services, supporting sustainable farming practices. The company is headquartered in Guangzhou, China, and its shares are listed on the SZSE.