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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.
Ningbo Tuopu Group
Ningbo Tuopu Group (601689) investor relations material
Ningbo Tuopu 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
9M 2026 revenue rose 8.06% YoY to RMB 22.62bn, while net profit attributable to shareholders fell 15.48% to RMB 1.66bn.
Q3 revenue increased 5.28% YoY to RMB 8.42bn; Q3 attributable net profit declined 4.78% to RMB 639.5m.
Financial highlights
9M operating costs were RMB 20.88bn versus RMB 18.95bn a year earlier; operating profit was RMB 1.88bn versus RMB 2.24bn.
9M net income was RMB 1.67bn versus RMB 1.97bn; comprehensive income totaled RMB 1.50bn versus RMB 2.11bn.
Adjusted for non-recurring items, 9M attributable net profit was RMB 1.51bn, down 16.84% YoY; Q3 adjusted profit was RMB 603.1m, down 7.91%.
Key financial ratios and metrics
9M basic and diluted EPS were RMB 0.96, down 15.79% YoY; Q3 EPS was RMB 0.37, down 15.79%.
9M weighted average ROE was 6.83%, down 2.12 percentage points YoY; Q3 ROE was 2.71%, down 0.22 percentage points.
Total assets were RMB 43.55bn at quarter-end, down 0.88% from year-end 2025; parent shareholders’ equity was RMB 24.74bn, up 2.67%.
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Latest events from Ningbo Tuopu Group
- Revenue up 9.78% YoY, net profit down 21.03%, with improved cash flow and stable ownership.601689
Q2 2026 - Revenue up 14.92% but net profit down 2.42% in Q1 2026; cash flow declined sharply.601689Q1 2026
- Revenue up 11.2% but net profit down 7.4% amid global expansion and higher R&D.601689H2 2025
- Revenue up 8.14% but net profit down 11.97% year-over-year; cash flow improved sharply.601689Q3 2025
- Revenue up, profit down; strong cash flow and capacity expansion amid margin pressure.601689H1 2025
- Q3 revenue rose 42.85% and net profit jumped 54.63% year-over-year, driven by robust sales.601689Q3 2024
- Revenue and net profit surged over 33% in H1 2024, fueled by NEV growth and global expansion.601689H1 2024
- Revenue up, profit down as margins tighten; major bond conversion boosts equity.601689Q1 2025
- Revenue and net profit surged over 35% and 39% year-over-year, with robust global expansion.601689H2 2024
Next Ningbo Tuopu Group earnings date
H2 202620 Apr, 2027
Ningbo Tuopu Group
Next Ningbo Tuopu Group earnings date
H2 202620 Apr, 2027
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Frequently asked questions
Ningbo Tuopu Group Co., Ltd. is an automotive components manufacturer specializing in the design, development, and production of systems for vehicle comfort, safety, and performance. The company's product portfolio includes chassis systems, powertrain mounts, interior and exterior components, and electronic control systems. It serves global automotive original equipment manufacturers (OEMs) by providing integrated solutions and modular assemblies. Ningbo Tuopu Group Co., Ltd. supports both traditional internal combustion engine vehicles and new energy vehicles through its engineering and manufacturing capabilities. The company is headquartered in Ningbo, China, and its shares are listed on the SSE.