China Resources Microelectronics (688396) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 17.94% YoY to RMB 3.362bn; parent-attributable net profit increased 36.45% to RMB 254.8m.

• 9M revenue grew 17.62% YoY to RMB 9.491bn, while parent-attributable net profit rose 85.95% to RMB 977.2m.

Financial highlights

• 9M total profit reached RMB 1.114bn, up 90.99% YoY; consolidated net profit was RMB 919.5m versus RMB 444.0m a year earlier.

• 9M adjusted parent-attributable net profit was RMB 635.0m, up 60.79% YoY; reported parent-attributable profit was RMB 977.2m.

• 9M operating cash flow increased 59.68% YoY to RMB 2.175bn.

Key financial ratios and metrics

• Basic and diluted EPS were RMB 0.1918 in Q3, each up 36.42% YoY; 9M basic EPS was RMB 0.7358, up 85.67%.

• 9M R&D spending was RMB 826.6m, down 2.87% YoY; R&D equaled 8.71% of revenue.

• At quarter-end, total assets were RMB 31.718bn, up 3.69% from year-end 2025; parent equity was RMB 23.688bn, up 3.08%.