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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.
SICC
SICC (688234) investor relations material
SICC Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary20 Oct, 2026
Executive summary
Q3 revenue reached RMB645.6m, up 102.89% YoY; gross margin was 27.46%, and attributable net income was RMB85.8m as operations returned to profitability.
9M revenue rose 40.22% YoY to RMB1.559bn; attributable net income was RMB27.2m versus RMB1.1m a year earlier.
Financial highlights
9M total profit was RMB40.3m versus RMB4.8m a year earlier; operating profit was RMB39.7m versus RMB4.1m.
9M net income attributable to shareholders was RMB27.2m; adjusted for non-recurring items, it was RMB8.8m, with non-recurring gains of RMB18.4m.
9M operating cash flow was RMB89.0m, up 26.52% YoY.
Outlook and guidance
Plans focus on strengthening technology reserves and expanding capacity to capture industry growth and support steady operating performance.
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Latest events from SICC
- Revenue up 15.1% YoY, but net loss reached RMB -58.62 million; Q2 set new revenue record.688234
Q2 2026 - Q1 2026 saw a sharp revenue drop and net loss amid price declines and higher costs.688234Q1 2026
- Revenue dropped 17% and net loss reached RMB 208 million, but global SiC leadership and R&D advances continued.688234Q4 2025
- Revenue and profit sharply declined amid price competition, but equity rose after H-share issuance.688234Q3 2025
- H1 2025 saw sharp profit decline amid price pressure, but global expansion and 12-inch SiC launch advanced.688234Q2 2025
- YTD revenue rose 55.3% and net profit soared, driven by large-size conductive product sales.688234Q3 2024
- Revenue doubled and net profit turned positive as SiC substrate sales and capacity soared.688234Q2 2024
- Strong revenue growth and profit turnaround achieved, reversing last year's loss.688234Q4 2024
- Net profit plunged 81.52% in Q1 2025 as R&D and management costs surged.688234Q1 2025
Next SICC earnings date
Q4 202626 Mar, 2027
SICC
Next SICC earnings date
Q4 202626 Mar, 2027
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