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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.
Shanghai Putailai New Energy Technology
Shanghai Putailai New Energy Technology (603659) investor relations material
Shanghai Putailai New Energy Technology Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary19 Oct, 2026
Executive summary
Q3 revenue rose 53.48% YoY to RMB 5.744B; 9M revenue increased 46.43% to RMB 15.858B, with growth attributed to expanding battery markets, broad product and industry-chain coverage, and better cost and expense control.
9M attributable net income grew 33.87% to RMB 2.276B; adjusted for non-recurring items, net income rose 33.25% to RMB 2.119B.
Financial highlights
Q3 profit before tax increased 19.04% YoY to RMB 973.3M; 9M profit before tax rose 28.24% to RMB 2.725B.
Q3 attributable net income was RMB 823.7M, up 27.79% YoY; adjusted net income was RMB 807.2M, up 34.92%.
9M operating profit was RMB 2.737B; net profit totaled RMB 2.501B, including RMB 2.276B attributable to parent shareholders.
Key financial ratios and metrics
Basic EPS was RMB 0.39 in Q3, up 30.00% YoY; 9M EPS was RMB 1.08, up 35.00%.
Weighted average ROE was 3.78% for Q3 and 10.44% for 9M; 9M ROE increased 1.55 percentage points YoY.
9M operating cash flow was RMB 2.400B, up 43.81% YoY.
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Latest events from Shanghai Putailai New Energy Technology
- Revenue up 42.7% YoY, net profit up 37.6%, with robust growth in battery and equipment segments.603659
Q2 2026 - Q1 2026 saw 35% revenue growth and 44% net profit increase, driven by robust battery market demand.603659Q1 2026
- Net profit surged 98.14% on 16.83% revenue growth, with strong margin and capacity gains.603659H2 2025
- Net profit jumped 69.3% in Q3 2025 on robust battery market demand and improved margins.603659Q3 2025
- Revenue and net profit grew in Q1 2025, with a sharp turnaround in operating cash flow.603659Q1 2025
- Strong revenue and profit growth with improved financial ratios and stable operations.603659H1 2025
- Q3 net profit rose 17.3% year-over-year despite a 9.6% revenue decline.603659Q3 2024
- Revenue and profit declined, but market share and cash flow improved amid industry headwinds.603659H1 2024
- 2024 profit declined 37.7% on lower prices, but cash flow and automation sales rose.603659H2 2024
Next Shanghai Putailai New Energy Technology earnings date
Q4 20265 Mar, 2027
Shanghai Putailai New Energy Technology
Next Shanghai Putailai New Energy Technology earnings date
Q4 20265 Mar, 2027
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