AECC AVIATION POWER (600893) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 28.38% YoY to RMB 29.415bn as production leveling improved and deliveries increased; Q3 revenue slipped 1.74% YoY to RMB 8.660bn.

• 9M attributable net income increased 41.55% YoY to RMB 152.8m, while Q3 attributable net income fell 59.22% to RMB 6.6m.

Financial highlights

• 9M total profit rose 16.95% YoY to RMB 303.9m; Q3 total profit declined 47.36% YoY to RMB 35.2m.

• Excluding non-recurring items, 9M attributable net income increased 209.79% YoY to RMB 211.1m; Q3 adjusted net income declined 68.32% to RMB 9.4m.

• 9M basic and diluted EPS were RMB 0.06, up 50.00% YoY.

Segment performance

• Improved production leveling and higher product deliveries supported 9M revenue growth; the general-aviation power subsidiary incurred losses.