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Hangcha Group (603298) investor relations material
Hangcha Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 7.45% YoY, while attributable net income fell 9.76%; 9M revenue increased 8.25% and net income rose 2.11%.
9M operating cash flow improved 19.90% YoY to RMB 825.8m, alongside higher total assets and shareholders’ equity at period-end.
Financial highlights
Q3 revenue was RMB 5.024bn, up 7.45% YoY; 9M revenue was RMB 15.124bn, up 8.25%.
Q3 profit before tax was RMB 712.5m, down 6.16%; attributable net income was RMB 575.1m, down 9.76%.
9M profit before tax was RMB 2.042bn, up 0.19%; attributable net income was RMB 1.790bn, up 2.11%.
9M adjusted net income, excluding non-recurring items, was RMB 1.780bn, up 3.81%; Q3 adjusted net income was RMB 578.2m, down 7.24%.
9M operating income was RMB 2.045bn; investment income was RMB 312.3m versus RMB 395.7m in the prior-year period.
Key financial ratios and metrics
Basic and diluted EPS were RMB 0.44 in Q3, down 10.20% YoY; 9M EPS was RMB 1.37, up 2.24%.
Weighted average ROE was 4.73% in Q3, down 1.09 percentage points; 9M ROE was 14.75%, down 1.49 percentage points.
Total assets were RMB 21.989bn at quarter-end, up 11.57% from year-end 2025; parent-attributable equity was RMB 12.725bn, up 9.62%.
- Revenue and profit rose over 8% year-over-year, with robust growth in new energy and global markets.603298
Q2 2026 - Net profit rose 8.9% on 5.9% revenue growth, with strong global and intelligent logistics expansion.603298
Q4 2025 - Q1 2026 saw double-digit revenue and profit growth, with strong cash flow and asset expansion.603298
Q1 2026 - Q3 revenue and net profit rose over 11% year-over-year, driven by growth and acquisitions.603298
Q3 2025 - Net profit rose 11.38% on strong electric and global sales, with record overseas growth.603298
Q2 2025 - Net profit up 21.20% in first nine months despite slower revenue growth and cash flow pressure.603298
Q3 2024 - Net profit surged 29.29% on strong new energy and global sales growth.603298
Q2 2024 - Net profit jumped 17.86% to RMB 2.02 billion on record new energy and export growth.603298
Q4 2024 - Q1 2025 saw 8% revenue growth and 15% net profit rise, but cash flow fell on higher inventory.603298
Q1 2025
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