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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.
Jiangsu Nhwa Pharmaceutical
Jiangsu Nhwa Pharmaceutical (002262) investor relations material
Jiangsu Nhwa Pharmaceutical Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary23 Oct, 2026
Executive summary
Q3 revenue rose 6.61% YoY to RMB1.557bn; attributable net income was nearly flat at RMB405.5m, while adjusted net income increased 1.06% to RMB413.5m.
YTD revenue grew 6.81% to RMB4.776bn and attributable net income rose 3.63% to RMB1.146bn.
Financial highlights
Q3 basic and diluted EPS were RMB0.40, flat YoY; YTD EPS was RMB1.14, up 4.59%.
YTD adjusted net income, excluding non-recurring items, was RMB1.159bn, up 4.59%; non-recurring losses totaled RMB13.32m.
Total assets were RMB9.906bn, up 7.41% from year-end; attributable equity was RMB8.799bn, up 9.21%.
Key financial ratios and metrics
YTD weighted-average ROE was 13.56%, down 0.75 percentage points YoY; Q3 ROE was 4.72%, down 0.42 points.
YTD operating cash flow was RMB858.6m, down 5.76% YoY.
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Latest events from Jiangsu Nhwa Pharmaceutical
- Revenue and profit rose steadily, supported by CNS drug innovation and strong margins.002262
H1 2026 - Revenue up 3.75%, net profit down 7.54%, strong R&D and cash flow, dividend proposed.002262H2 2025
- Revenue and net profit rose year-over-year, but operating cash flow declined sharply.002262Q1 2026
- Q3 2025 revenue and net profit rose 5.70% and 3.67% year-over-year, respectively.002262Q3 2025
- Net profit up 11.38% year-over-year, with strong CNS drug sales and R&D growth.002262H1 2025
- Q3 2024 saw double-digit revenue and profit growth, with robust cash flow and rising EPS.002262Q3 2024
- H1 revenue and net profit rose 15%+ on CNS drug growth and robust R&D pipeline.002262H1 2024
- 2024 revenue and net profit rose double digits, with strong CNS drug and digital health growth.002262H2 2024
- Q1 2025 net profit up 13.35% year-over-year on strong sales and investment returns.002262Q1 2025
Jiangsu Nhwa Pharmaceutical
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