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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.
Yili Group
Yili Group (600887) investor relations material
Yili Group 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
2026 Q3 revenue rose 2.40% YoY, while net profit attributable to shareholders fell 5.60%; 9M revenue increased 3.59% and attributable net profit declined 15.56%.
9M operating cash flow grew 64.27% YoY to RMB 15,441,464,454.51, supported by higher sales receipts and increased supplier payables.
Financial highlights
Q3 revenue was RMB 29,250,582,318.09, up 2.40% YoY; 9M revenue was RMB 93,581,518,865.47, up 3.59%.
Q3 net profit attributable to shareholders was RMB 3,045,142,053.73, down 5.60%; 9M was RMB 8,803,770,151.52, down 15.56%.
Adjusted for non-recurring items, Q3 net profit was RMB 2,936,437,582.23, down 4.86%; 9M was RMB 8,532,200,099.99, down 15.55%.
9M operating cash flow was RMB 15,441,464,454.51 versus RMB 9,399,863,342.62 a year earlier; cash receipts from sales rose while supplier payments fell.
9M non-recurring gains, net of tax and minority interests, totaled RMB 271,570,051.53; government grants contributed RMB 749,214,102.97 before related deductions.
Key financial ratios and metrics
Basic and diluted EPS were RMB 0.48 in Q3, down 5.88%; 9M EPS was RMB 1.39, down 15.76%.
Weighted-average return on equity was 5.51% for Q3, down 0.38 percentage points; 9M ROE was 15.52%, down 3.08 percentage points.
At September 30, total assets were RMB 157,051,584,640.01, up 3.26% from year-end; equity attributable to shareholders was RMB 56,839,805,025.77, up 4.00%.
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Latest events from Yili Group
- Net profit fell 18.9% on lower sales and goodwill impairment, but cash flow and margins improved.600887
H2 2024 - Revenue up 4.13%, net profit down 20.02% on impairments; strong cash flow, market leadership maintained.600887Q2 2026
- Net profit surged 36.8% year-over-year on stable revenue and strong segment growth.600887H2 2025
- Q1 2026 saw double-digit net profit growth and a sharp rise in operating cash flow.600887Q1 2026
- Q3 revenue and net profit declined year-over-year, with a sharp drop in operating cash flow.600887Q3 2025
- H1 2025 revenue rose 3.49% to ¥61.78B; adjusted net profit up 31.78% year-over-year.600887H1 2025
- Revenue up 1.46% but net profit down 17.71% in Q1 2025; cash flow declined sharply.600887Q1 2025
Next Yili Group earnings date
Q4 202630 Apr, 2027
Yili Group
Next Yili Group earnings date
Q4 202630 Apr, 2027
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Frequently asked questions
Inner Mongolia Yili Industrial Group Co Ltd, commonly known as Yili Group, is a prominent Chinese dairy products manufacturer and distributor. The company offers a wide range of dairy products including liquid milk, ice cream, milk powder, yogurt, and meal replacement nutritional bars. Yili markets its products under several brands such as ShuHua, QQstar, Chang Yi, We Ke Zi, and YouSuanRu, in addition to infant milk powder and formulas under Pro Kido and Tofer brands. It also produces yogurt under brands like MeiYiTian and WeiNong. The company is headquartered in Hohhot, Inner Mongolia, and its shares are listed on the Shanghai Stock Exchange.