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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.
Zhejiang Longsheng Group
Zhejiang Longsheng Group (600352) investor relations material
Zhejiang Longsheng Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary30 Oct, 2026
Executive summary
Q3 revenue rose 21.23% YoY to RMB 3.838B; attributable net income increased 37.63% to RMB 645.8M, supported by higher core-product sales and gross margins and full consolidation of Dystar Global Holdings (Singapore).
9M revenue increased 15.11% YoY to RMB 11.132B and attributable net income rose 18.09% to RMB 1.650B.
Financial highlights
Q3 total profit was RMB 809.1M, up 27.56% YoY; 9M total profit reached RMB 2.159B, up 9.76%.
Q3 net income excluding non-recurring items was RMB 546.5M, up 60.77% YoY; 9M adjusted net income was RMB 1.289B, up 39.76%.
9M operating profit was RMB 2.162B, versus RMB 1.995B in the prior-year period; 9M consolidated net income was RMB 1.677B.
Key financial ratios and metrics
Basic and diluted EPS were RMB 0.1985 in Q3, up 37.66% YoY; 9M EPS was RMB 0.5071, up 18.10%.
Weighted-average ROE was 1.97% for Q3, up 0.99 percentage points; 9M ROE was 5.03%, up 0.61 percentage points.
At Sept. 30, total assets were RMB 75.769B, up 0.82% from year-end; equity attributable to shareholders was RMB 32.707B, up 0.13%.
9M operating cash flow was RMB 2.257B, down 59.44% YoY, primarily because the prior year included higher property presale receipts.
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Latest events from Zhejiang Longsheng Group
- H1 2026 revenue up 12.13%, net profit up 8.20%, gross margin 34.79%, strong core business growth.600352
Q2 2026 - Q1 2026 net profit surged 35.67% on higher sales and asset gains, despite lower cash flow.600352Q1 2026
- Revenue and profit fell, but global leadership and full DyStar control were secured.600352Q4 2025
- Revenue declined, but net profit rose on non-recurring gains; core profit and revenue fell.600352Q3 2025
- Net profit surged 100% year-over-year as cost controls and non-recurring gains offset lower revenue.600352Q1 2025
- Net profit grew 2.84% to ¥927.89 million despite a 6.47% revenue drop.600352Q2 2025
- Net profit surged 320.82% year-over-year, mainly due to non-recurring gains.600352Q3 2024
- Net profit up 13.93% to ¥902M despite revenue dip; market share and cash flow strong.600352Q2 2024
- Net profit jumped 32.36% on higher sales and cash flow, with strong core business growth.600352Q4 2024
Next Zhejiang Longsheng Group earnings date
Q4 202616 Apr, 2027
Zhejiang Longsheng Group
Next Zhejiang Longsheng Group earnings date
Q4 202616 Apr, 2027
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