BOE Technology Group Company (000725) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue was RMB48.68bn, down 8.62% YoY; shareholders incurred a net loss of RMB996m, versus a profit a year earlier, amid display-market pressure and investment-related losses.

• For Q1–Q3, revenue reached RMB151.81bn, down 1.77% YoY, and net profit attributable to shareholders was RMB4.25bn, down 7.61%.

Financial highlights

• Q1–Q3 net profit before exceptional items was RMB32.1m, down 96.43% YoY; exceptional items totaled a net gain of RMB1.21bn for the period, but a net loss of RMB1.03bn in Q3.

• Q1–Q3 operating profit was RMB5.56bn; net profit was RMB3.38bn, including a RMB868m loss attributable to non-controlling interests.

• Q1–Q3 net cash from operating activities was RMB32.21bn, down 12.41% YoY; net cash and cash equivalents decreased RMB9.57bn.

Outlook and guidance

• LCD plans prioritize production-to-order, large-size migration, high-end upgrades, and rollout of RGBX, UB Cell, Super Oxide, and natural-light display technologies.

• AMOLED plans emphasize technical cooperation and customized development with brand customers, with a higher shipment mix of foldable and LTPO panels to address industry headwinds.

• Investment strategy remains focused on industrial-chain coordination, with strengthened risk controls to respond to market volatility.