Estun Automation (002747) Q3 2026 earnings summary

Executive summary

• 9M revenue was RMB 3.699bn, down 2.96% YoY; attributable net income was RMB 170.8m versus RMB 8.2m in the same period on an adjusted, restated basis.

• Q3 revenue declined 12.43% YoY to RMB 1.101bn, while attributable net income rose 21.54% to RMB 18.7m versus the adjusted, restated prior-year quarter.

• H-share issuance raised RMB 1.306bn; a related-party acquisition was completed, bringing the acquired business wholly into the consolidated accounts.

Financial highlights

• 9M operating revenue was RMB 3.699bn versus RMB 3.812bn YoY on an adjusted, restated basis; Q3 revenue was RMB 1.101bn versus RMB 1.258bn.

• 9M attributable net income reached RMB 170.8m versus RMB 8.2m adjusted and restated; Q3 attributable net income was RMB 18.7m versus RMB 15.4m.

• 9M net income excluding non-recurring items was RMB 116.0m versus RMB 2.1m; Q3 was RMB 45.9m versus RMB 19.7m.

• 9M operating costs totaled RMB 3.590bn, down from RMB 3.859bn YoY; operating profit was RMB 201.0m versus RMB 18.3m.

• Q3 operating cash flow was RMB 202.2m, down 17.14% YoY; 9M cash and cash equivalents increased RMB 601.6m to RMB 1.485bn.

Key financial ratios and metrics

• 9M basic EPS was RMB 0.1833 versus RMB 0.0095 on an adjusted, restated basis; diluted EPS was RMB 0.1827 versus RMB 0.0095.

• Q3 basic and diluted EPS were each RMB 0.0194 versus RMB 0.0178 on an adjusted, restated basis.

• Total assets were RMB 10.030bn at Sep. 30, up 5.76% from year-end; equity attributable to shareholders was RMB 2.918bn, up 46.84%.