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Zhejiang Shuanghuan Driveline (002472) investor relations material
Zhejiang Shuanghuan Driveline Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 14.40% YoY to ¥2.559bn; net profit attributable to shareholders increased 3.76% to ¥333.3m.
9M revenue grew 10.08% to ¥7.118bn, while attributable net profit rose 2.40% to ¥920.0m; adjusted net profit was nearly flat, down 0.22% to ¥845.3m.
Financial highlights
Q3 adjusted net profit, excluding non-recurring items, increased 6.50% YoY to ¥311.1m; 9M adjusted net profit declined 0.22%.
9M non-recurring gains totaled ¥74.7m, including ¥86.2m in government grants before related tax and minority-interest effects.
9M operating cash flow was ¥1.427bn, up 9.91% YoY.
Key financial ratios and metrics
9M basic and diluted EPS were both ¥1.08, up 1.89% YoY; weighted average ROE was 8.81%, down 0.96 percentage points.
Total assets reached ¥21.235bn at Sept. 30, up 13.18% from year-end 2025; equity attributable to shareholders rose 6.44% to ¥10.663bn.
- Revenue up 7.8% and net profit up 1.65% year-over-year, driven by strong export growth.002472
Q2 2026 - Net profit surged 25.42% on robust NEV gear growth and higher R&D investment.002472
Q4 2024 - Q3 net profit surged 20% year-over-year, with strong revenue growth and a completed share buyback.002472
Q3 2024 - Revenue and net profit rose over 17% and 23% year-over-year, with improved margins and strong cash flow.002472
Q2 2024 - Net profit rose 18.4% to ¥577 million on improved margins, despite a 2.2% revenue dip.002472
Q2 2025 - Net profit grew 24.70% year-over-year, driven by higher main business revenue and improved margins.002472
Q1 2025 - Net profit surged 23.21% on record NEV gear sales and strong international growth.002472
Q4 2025 - Net profit surged 21.22% in Q3 2025 despite a 7.56% revenue decline year-over-year.002472
Q3 2025 - Revenue and net profit grew modestly, with strong cash flow and a subsidiary IPO underway.002472
Q1 2026
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