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Kuang-Chi Technologies (002625) investor relations material
Kuang-Chi Technologies Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was RMB177,188,283.56, down 72.86% YoY; 9M revenue was RMB1,305,185,201.97, down 18.23%.
Supplier delays postponed some product deliveries and materially affected period revenue; 9M attributable net income declined 47.33% YoY to RMB319,104,338.85.
Financial highlights
Q3 attributable net income was RMB287,253.65, down 99.87% YoY; adjusted for non-recurring items, net loss was RMB8,219,317.52.
9M attributable net income was RMB319,104,338.85, down 47.33% YoY; adjusted net income was RMB296,968,457.38, down 49.70%.
9M operating profit was RMB366,189,739.66 versus RMB698,963,489.61 in the prior-year period; credit impairment losses were RMB175,744,254.54 versus RMB48,661,544.29.
9M income tax expense fell 54.24% YoY to RMB42,647,910.01, primarily reflecting lower profit.
Segment performance
A subsidiary signed batch-production contracts for metamaterial products totaling RMB906,894,200 with three customers during the period.
Metamaterial operations increased inventory 50.17% from year-end to RMB1,027,554,053.43 to prepare materials for delivery obligations.
- Revenue up 19.6% to ¥1.13B, net profit down 17.4%, major contracts boost backlog.002625
Q2 2026 - Revenue and net profit rose strongly, but operating cash flow fell sharply amid major new contracts.002625
Q1 2026 - Revenue up 31%, net profit up 5%, strong cash flow and major new contracts boost growth.002625
Q4 2025 - Strong revenue and profit growth supported by major new contracts and robust demand.002625
Q3 2025 - Revenue and net profit rose, with strong margins and major new contracts signed.002625
Q2 2025 - Net profit rose 19.48% year-over-year in Q3 2024, driven by robust metamaterials growth.002625
Q3 2024 - Net profit rose 20.33% year-over-year on stable revenue and strong contract wins.002625
Q2 2024 - Net profit rose 11.77% to ¥652 million on 4.25% revenue growth, with strong R&D gains.002625
Q4 2024 - Revenue and profit grew solidly in Q1 2025, driven by new metamaterial contracts.002625
Q1 2025
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