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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.
Piotech
Piotech (688072) investor relations material
Piotech Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
9M 2026 revenue rose 23.70% YoY to RMB 5.22bn; attributable net income increased 336.79% to RMB 2.43bn, including substantial fair-value gains.
Q3 revenue was RMB 2.31bn, up 1.84% YoY; quarterly attributable net income reached RMB 1.09bn, up 135.39%.
Manufacturing scale effects and advanced products in volume production improved gross profit and margin, supporting stronger underlying profitability.
Financial highlights
9M revenue was RMB 5.220bn versus RMB 4.220bn YoY; Q3 revenue was RMB 2.308bn, up 1.84%.
9M attributable net income was RMB 2.431bn, up 336.79%; Q3 attributable net income was RMB 1.088bn, up 135.39%.
9M net income attributable to shareholders excluding non-recurring items was RMB 928.6m, up 102.66%; Q3 was RMB 561.2m, up 33.63%.
9M gross profit increased by ~RMB 770m YoY and gross margin rose ~8.37 percentage points.
Segment performance
Advanced storage and logic product volume production expanded across PECVD ACHM, ADC, LoK, ONO stack, Bianca, SiB, OPN and other thin-film deposition platforms.
Products are deployed in advanced and mature logic, advanced packaging, power devices, Micro-OLED, silicon photonics and image sensors; cumulative shipments exceeded 4,400 equipment reaction chambers.
Dione 300eX wafer-to-wafer hybrid bonding equipment passed customer validation, with upgraded alignment precision, bonding accuracy and throughput.
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Latest events from Piotech
- Net profit soared 1,324% on 49% revenue growth, with strong momentum in advanced equipment.688072
H1 2026 - Revenue and profit soared on strong semiconductor equipment demand and expanded market share.688072H2 2025
- Revenue up 56.97% and net profit swung positive in Q1 2026, driven by advanced equipment sales.688072Q1 2026
- Q3 revenue and net profit more than doubled year-over-year, with cash flow and margins sharply improved.688072Q3 2025
- H1 2025 revenue up 54%, Q2 profit rebounded, order backlog and cash flow at record highs.688072H1 2025
- Q3 revenue up 44.67% year-over-year, but gross margin and adjusted profit declined.688072Q3 2024
- Revenue up 26% YoY, net profit up 3.6%, R&D intensity and order backlog at record highs.688072H1 2024
- Revenue up 50% but net profit turns negative on high costs; cash flow improves.688072Q1 2025
- Revenue up 51.7% and net profit up 3.91% year-over-year, driven by strong product demand.688072H2 2024
Next Piotech earnings date
H2 202629 Apr, 2027
Piotech
Next Piotech earnings date
H2 202629 Apr, 2027
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Frequently asked questions
Piotech Inc is a semiconductor equipment manufacturer specializing in the development and production of plasma etching and thin-film deposition systems. The company’s products are used in the fabrication of integrated circuits and support processes such as dry etching and chemical vapor deposition. Piotech Inc serves semiconductor foundries and integrated device manufacturers by providing equipment used in advanced chip manufacturing. The company also offers related technical support and maintenance services. Piotech Inc is headquartered in Xi’an, China, and its shares are listed on the SSE STAR Market.