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Shenzhen Kinwong Electronic (603228) investor relations material
Shenzhen Kinwong Electronic Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 66.06% YoY to RMB 6.621bn; profit attributable to shareholders increased 239.67% to RMB 1.014bn.
9M revenue rose 37.45% YoY to RMB 15.233bn and attributable net profit rose 70.42% to RMB 1.616bn.
Financial highlights
Q3 total profit reached RMB 1.194bn, up 214.24% YoY; 9M total profit was RMB 1.890bn, up 68.10%.
Q3 adjusted net profit, excluding non-recurring items, was RMB 1.042bn, up 337.47%; 9M adjusted net profit was RMB 1.507bn, up 94.38%.
9M operating cash flow was RMB 1.218bn, down 20.27% YoY.
Segment performance
High-performance PCB revenue grew in high-speed communications and AI data infrastructure, supported by increased sales, higher selling prices and an improving order mix.
- Net profit jumped 62.56% on 18.26% revenue growth, with strong high-end PCB demand.603228
Q2 2024 - Net profit rose 24.86% to RMB 1.17 billion on 17.68% revenue growth, with strong AI and automotive PCB demand.603228
Q4 2024 - Q3 revenue up 15%, nine-month net profit up 29%, with major convertible bond conversion.603228
Q3 2024 - Revenue up 20.93% to RMB 7.10B, net profit stable, high-end PCB demand drives growth.603228
Q2 2025 - Revenue surged 21.90% year-over-year, but core profit margin narrowed due to higher costs.603228
Q1 2025 - Q3 revenue and profit rose sharply, aided by non-recurring gains and bond redemption.603228
Q3 2025 - Revenue up 20.92% and net profit up 5.30%, with strong AI and automotive PCB growth.603228
Q4 2025 - Revenue up 16%, but net profit down 28% as cost inflation and currency losses hit margins.603228
Q1 2026 - Revenue up 21%, net profit down 7% on FX loss, with strong AI-driven growth and capacity expansion.603228
Q2 2026
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