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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.
Yongxing Special Materials Technology
Yongxing Special Materials Technology (002756) investor relations material
Yongxing Special Materials Technology Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
Q3 revenue was ¥2.620bn, up 41.36% YoY; net income attributable to shareholders was ¥419.3m, up 220.65% YoY. YTD revenue rose 38.87% and attributable net income rose 159.26%.
YTD operating cash flow increased 119.84% to ¥1.022bn, with higher lithium-business sales gross profit cited as the main driver.
Financial highlights
Q3 adjusted net income, excluding non-recurring items, was ¥393.4m, up 182.49% YoY; YTD adjusted net income was ¥1.307bn, up 180.58%.
YTD consolidated operating profit was ¥1.735bn versus ¥703.3m; total profit was ¥1.732bn versus ¥664.0m, and consolidated net income was ¥1.427bn versus ¥546.2m.
YTD non-recurring gains totaled ¥71.3m, including investment-related fair-value and disposal gains, government grants, and other items; Q3 non-recurring gains were ¥25.9m.
Segment performance
Lithium new-energy segment inventory increased 32.43% from year-end, attributed to higher inventory in that segment.
Higher gross profit from lithium-business sales supported the 119.84% YTD increase in operating cash flow.
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Latest events from Yongxing Special Materials Technology
- Net profit jumped 139% on surging lithium battery materials sales and robust cash flow.002756
Q2 2026 - Net profit surged 155% year-over-year on strong lithium prices and new project ramp-up.002756Q1 2026
- Revenue and profit fell, but cash flow and dividends remained robust amid industry challenges.002756Q4 2025
- Revenue and profit declined significantly on lower lithium prices, but cash and investments remain strong.002756Q2 2024
- Net profit fell 69% on lower lithium prices, but core operations and projects remained stable.002756Q4 2024
- Lithium carbonate price declines drove steep drops in revenue, profit, and cash flow.002756Q3 2024
- Revenue and profit fell significantly, with lithium business under pressure from price declines.002756Q2 2025
- Q1 2025 saw a 22% revenue drop and 59% net profit decline, with negative operating cash flow.002756Q1 2025
- Revenue and profit declined sharply year-over-year, but cash flow and governance improved.002756Q3 2025
Next Yongxing Special Materials Technology earnings date
Q4 202627 Apr, 2027
Yongxing Special Materials Technology
Next Yongxing Special Materials Technology earnings date
Q4 202627 Apr, 2027
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