Focus Media Information Technology Co (002027) Q3 2026 earnings summary

Executive summary

• Q3 revenue was RMB 3,193,264,870.69, down 8.62% YoY; net income attributable to shareholders was RMB 1,347,605,621.84, down 14.48%.

• YTD revenue declined 4.39% YoY, while attributable net income rose 5.55%; adjusted for nonrecurring items, YTD net income fell 10.41%.

Financial highlights

• Q3 adjusted net income, excluding nonrecurring items, was RMB 1,297,486,941.99, down 15.77% YoY; YTD adjusted net income was RMB 3,588,017,637.16, down 10.41%.

• YTD operating cash flow was RMB 6,002,129,175.51, up 13.01% YoY, supported by higher cash receipts from sales and services.

• YTD investment income was RMB 663,860,067.69 versus RMB 479,287,291.41; other gains included government grants of RMB 306,996,603.14.

• YTD nonrecurring gains totaled RMB 887,643,727.94, including RMB 576,463,130.33 from disposal of non-current assets and RMB 306,996,603.14 in government grants.

Key financial ratios and metrics

• Basic EPS was RMB 0.0933 in Q3, down 14.48% YoY; YTD EPS was RMB 0.3099, up 5.55%.

• Weighted average ROE was 9.34% for Q3, down 0.12 percentage points YoY, and 29.92% YTD, up 6.18 percentage points.

• At quarter-end, total assets were RMB 20,709,078,919.81, up 2.44% from year-end; attributable equity was RMB 14,630,810,451.16, up 2.68%.