CIG Shanghai (603083) Q3 2026 earnings summary

Executive summary

• Q3 revenue was RMB 2.22bn, up 67.26% YoY and 56.21% QoQ; net profit attributable to parent shareholders was RMB 432.9m, up 212.81% YoY and 106.71% QoQ.

• 9M revenue reached RMB 4.92bn, up 46.46% YoY and already above the prior full-year level; attributable net profit was RMB 760.6m, up 193.35%.

Financial highlights

• 9M total profit was RMB 791.1m, up 242.52% YoY; Q3 total profit was RMB 516.6m, up 361.82%.

• 9M adjusted attributable net profit, excluding non-recurring gains and losses, was RMB 730.0m, up 185.95%; Q3 was RMB 410.5m, up 201.26%.

• 9M revenue was RMB 4.921bn versus RMB 3.360bn in the prior-year period; 9M consolidated net profit was RMB 709.1m versus RMB 248.8m.

Segment performance

• High-speed optical module revenue exceeded 50% of total revenue by quarter-end; 800G products made up the vast majority of high-speed optical module shipments.

• High-speed optical module growth drove revenue expansion, supported by customer expansion, capacity build-out, supply-chain coordination and R&D investment.