Guangzhou Haige Communications Group Incorporated Company (002465) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 14.75% YoY to RMB 1.065bn; attributable net profit was RMB 56.9m, while 9M revenue edged down 0.97% and attributable net loss was RMB 124.3m.

• 9M attributable net loss improved 29.03% YoY, but adjusted for non-recurring items, attributable net loss widened 6.10% to RMB 240.9m.

Financial highlights

• 9M revenue was RMB 3.127bn versus RMB 3.158bn in the prior-year period; Q3 revenue was RMB 1.065bn, up 14.75% YoY.

• Q3 attributable net profit was RMB 56.9m, up 132.00% YoY; Q3 adjusted attributable net profit was RMB 15.3m, up 108.00%.

• 9M consolidated net loss was RMB 118.6m versus RMB 165.9m; attributable net loss was RMB 124.3m versus RMB 175.2m.

• 9M basic and diluted EPS were both -RMB 0.0505, improving 28.47% YoY; Q3 basic and diluted EPS were RMB 0.0231.

• 9M operating cash flow was negative RMB 405.9m, improving 47.10% YoY from negative RMB 767.3m.

Key financial ratios and metrics

• Weighted average ROE was 0.51% for Q3 and -1.10% for 9M, versus 1.95% and 0.31% in the respective prior-year periods.

• At Sept. 30, total assets were RMB 21.724bn, up 2.16% from year-end 2025; attributable equity was RMB 11.205bn, down 1.86%.