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LONGi Green Energy Technology (601012) investor relations material
LONGi Green Energy Technology Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was RMB 16.82bn, down 7.08% YoY; net loss attributable to shareholders was RMB 1.03bn, narrowing QoQ, with margins improving YoY and QoQ and operating cash flow turning positive in the quarter.
9M revenue was RMB 43.86bn, down 13.85% YoY; net loss attributable to shareholders was RMB 4.71bn, up 38.48% YoY.
Financial highlights
9M total costs were RMB 48.90bn, including RMB 42.53bn of operating costs; reported operating loss was RMB 5.16bn.
9M net loss excluding non-recurring items was RMB 5.53bn; non-recurring gains totaled RMB 820.1m, including RMB 601.4m in government grants and RMB 433.1m in financial asset gains, partly offset by other items.
9M consolidated net loss was RMB 4.95bn, versus RMB 3.45bn a year earlier; basic and diluted EPS were both -RMB 0.62, versus -RMB 0.45.
Segment performance
9M module shipments were 48.61GW; BC module sales were 31.64GW, up 118.58% YoY, and exceeded 65% of shipments, with a higher mix in overseas and distributed markets.
Q3 BC module gross margin improved 6.27 percentage points versus H1; storage offerings expanded across utility-scale, commercial and industrial, and off-grid/microgrid applications.
- Net loss narrowed to RMB 6.42 billion as revenue fell 14.8% amid industry headwinds.601012
H2 2025 - Q1 2026 posted a sharp net loss and revenue decline amid exchange rate and cash flow challenges.601012
Q1 2026 - Net loss of RMB 3.68 billion on 17.6% lower revenue, with strong overseas and BC module growth.601012
H1 2026 - Net profit dropped 27% on stable revenue as price declines and inventory write-downs hit margins.601012
H2 2023 - Revenue declined and losses narrowed as cost controls offset industry headwinds.601012
H1 2025 - Q3 2024 marked steep losses amid PV price declines, with a focus on BC tech and efficiency gains.601012
Q3 2024 - Revenue plunged and net profit turned negative amid industry headwinds and overcapacity.601012
H1 2024 - Sharp revenue decline and net loss in 2024, with major transformation and no dividend.601012
H2 2024 - Net loss narrowed to RMB 1.44 billion as revenue fell 22.75% and cash outflows improved.601012
Q1 2025
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Next LONGi Green Energy Technology earnings date
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