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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.
ShenZhen Woer Heat-Shrinkable Material
ShenZhen Woer Heat-Shrinkable Material (002130) investor relations material
ShenZhen Woer Heat-Shrinkable Material Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary27 Oct, 2026
Executive summary
Q3 revenue was RMB 2.788bn, up 30.46% YoY; attributable net income was RMB 310.8m, up 17.84% YoY. 9M revenue reached RMB 7.441bn, up 22.34%, while attributable net income rose 6.77% to RMB 877.5m.
9M profit growth lagged revenue growth amid lower gross margin, higher operating expenses and increased FX losses.
Financial highlights
9M net income was RMB 917.0m, up 3.82% YoY; total profit was RMB 1.052bn, up 1.55%.
9M adjusted for non-recurring items, attributable net income was RMB 851.6m, up 7.00%; Q3 adjusted net income was RMB 300.6m, up 16.47%.
9M basic and diluted EPS were RMB 0.6406, down 2.79% YoY; Q3 basic and diluted EPS were RMB 0.2206, up 4.25%.
9M operating cash flow was RMB 744.7m, up 19.23% YoY, supported by higher cash collections from sales and services.
Segment performance
Communication cables, new-energy vehicle products and electronic materials all contributed to 9M revenue growth.
Lower revenue from high-margin power high-voltage products and wind-power business weighed on the overall gross margin.
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Latest events from ShenZhen Woer Heat-Shrinkable Material
- Net profit surged 43% on 22% revenue growth, with margin and R&D gains across all segments.002130
Q2 2024 - Q3 revenue and net profit rose over 16% and 26% year-over-year, with margin gains and strong segment growth.002130Q3 2024
- Revenue and net profit rose over 21% YoY, with strong growth in core and new energy segments.002130Q4 2024
- H1 2025 revenue and profit surged, led by communication cables and strategic expansion.002130Q2 2025
- Q1 2025 saw double-digit revenue and profit growth, with strong cash flow and global expansion.002130Q1 2025
- Net profit surged 34.96% on 22% revenue growth, with strong cable and EV segment gains.002130Q4 2025
- Revenue and profit surged in Q3 2025, with robust growth across key product lines.002130Q3 2025
- Revenue up 17.97% and net profit up 1.54% year-over-year, driven by strong cable and EV segments.002130Q2 2026
- Revenue up 15.52% but net profit down 7.63% as margins fell and expenses rose.002130Q1 2026
Next ShenZhen Woer Heat-Shrinkable Material earnings date
Q4 202631 Mar, 2027
ShenZhen Woer Heat-Shrinkable Material
Next ShenZhen Woer Heat-Shrinkable Material earnings date
Q4 202631 Mar, 2027
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