Guangzhou Tinci Materials Technology (002709) Q3 2026 earnings summary

Executive summary

• Q3 revenue was RMB 8.832B (+131.58% YoY) and net income attributable to shareholders was RMB 1.041B (+581.69%); 9M revenue reached RMB 23.542B (+117.12%) and attributable net income RMB 3.902B (+827.68%).

• 9M operating cash flow rose to RMB 2.305B from RMB 403.4M, primarily on higher customer collections.

Financial highlights

• Adjusted attributable net income was RMB 1.033B in Q3 (+645.56% YoY) and RMB 3.841B for 9M (+929.17%).

• 9M operating profit was RMB 4.726B versus RMB 572.3M; consolidated net income was RMB 3.886B versus RMB 417.0M.

• 9M revenue growth reflected higher product sales volume and prices; operating costs rose 86.91%, with higher raw-material costs cited as a driver.

• R&D expense increased 58.88% YoY to RMB 978.6M in 9M, reflecting increased R&D projects and investment.

Key financial ratios and metrics

• Basic EPS was RMB 0.52 in Q3 (+550.00% YoY) and RMB 1.93 for 9M (+777.27%); diluted EPS was RMB 0.51 and RMB 1.92, respectively.

• Weighted average ROE was 5.03% for Q3, up 3.87 percentage points, and 20.08% for 9M, up 16.88 percentage points.

• Total assets were RMB 34.305B at Sept. 30, 2026, up 27.40% from year-end 2025; parent shareholders’ equity was RMB 21.029B, up 17.80%.