Beijing Easpring Material Technology (300073) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 135.90% YoY to ¥17.455bn, driven by higher cathode-material sales volume and selling prices; attributable net income increased 27.88% to ¥643.0m.

• Q3 revenue increased 135.26% YoY to ¥6.980bn, while attributable net income fell 36.04% to ¥122.6m.

Financial highlights

• 9M operating profit was ¥822.9m versus ¥560.9m a year earlier; net profit was ¥692.6m versus ¥497.2m.

• 9M attributable net income excluding non-recurring items was ¥584.9m, up 51.09% YoY; Q3 was ¥121.7m, down 10.42%.

• 9M operating costs rose to ¥16.629bn from ¥6.960bn; cost of sales was ¥15.545bn versus ¥6.453bn.

Key financial ratios and metrics

• Basic and diluted EPS were ¥1.1813 for 9M, up 21.96% YoY; Q3 EPS was ¥0.2252, down 36.04%.

• Weighted average ROE was 4.30% for 9M, up 0.54 percentage points YoY; Q3 ROE was 0.81%, down 0.51 percentage points.

• Period-end total assets were ¥28.744bn, up 28.29% from year-end; parent-shareholder equity was ¥15.170bn, up 3.25%.