Opple Lighting (603515) investor relations material

Executive summary

• Q3 revenue rose 0.94% YoY to RMB 1.708bn, while net profit attributable to shareholders fell 54.59% to RMB 94.3m; lower gross margin was cited as the main earnings pressure.

• For 9M 2026, revenue increased 0.76% YoY to RMB 4.945bn, while attributable net profit declined 39.56% to RMB 348.6m.

Financial highlights

• Q3 total profit was RMB 103.6m, down 53.03% YoY; 9M total profit was RMB 388.9m, down 42.71%.

• Q3 adjusted net profit, excluding non-recurring items, was RMB 61.9m, down 66.08% YoY; 9M adjusted net profit was RMB 226.2m, down 51.02%.

• 9M operating revenue was RMB 4.945bn versus RMB 4.908bn a year earlier; operating costs increased to RMB 4.660bn from RMB 4.361bn.

Key financial ratios and metrics

• Q3 basic and diluted EPS were RMB 0.13 per share, each down 53.57% YoY; 9M basic and diluted EPS were RMB 0.46, down 41.03%.

• Weighted average return on equity was 1.41% for Q3 and 4.85% for 9M, down 1.86 and 3.74 percentage points, respectively.

• At Sept. 30, total assets were RMB 9.207bn, down 4.27% from year-end 2025; parent-attributable equity was RMB 6.674bn, down 4.82%.