CNPC Capital Company (000617) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue declined 12.25% YoY, while net income attributable to shareholders rose 14.67%; operating cash flow improved to a positive ¥18.66bn.

Financial highlights

• Q3 revenue was ¥7.50bn, down 5.66% YoY; 9M revenue was ¥22.56bn, down 12.25% YoY, versus restated 2025 results.

• Q3 net income attributable to shareholders was ¥1.23bn, down 12.44% YoY; 9M was ¥4.59bn, up 14.67% YoY.

• Adjusted for non-recurring items, attributable net income was ¥1.21bn in Q3, down 13.78% YoY, and ¥4.49bn for 9M, up 15.84% YoY.

• 9M consolidated net income reached ¥8.80bn versus ¥8.11bn; operating profit was ¥10.49bn versus ¥9.56bn.

Key financial ratios and metrics

• Basic and diluted EPS were ¥0.10 in Q3, down 9.09% YoY; 9M EPS was ¥0.36, up 12.50% YoY.

• Weighted average ROE was 1.14% in Q3, down 0.21 percentage points YoY; 9M ROE was 4.31%, up 0.43 percentage points YoY.

• Total assets were ¥1,187.38bn at September 30, up 5.15% from year-end; equity attributable to shareholders was ¥108.38bn, up 3.62%.

• 9M non-recurring gains were ¥102.66m, including ¥115.98m from disposals of non-current assets and ¥117.07m in government grants, offset by taxes and minority interests.