Hangzhou Changchuan Technology (300604) Q3 2026 earnings summary

Executive summary

• Q3 revenue was ¥2.481bn, up 53.93% YoY; net income attributable to shareholders was ¥801.1m, up 82.73% YoY.

• 9M revenue reached ¥5.942bn, up 57.25% YoY, while attributable net income rose 103.92% to ¥1.765bn.

Financial highlights

• Q3 adjusted net income, excluding non-recurring items, was ¥794.9m, up 84.26% YoY; 9M adjusted net income was ¥1.717bn, up 117.71%.

• 9M consolidated net income was ¥1.784bn versus ¥863.8m YoY; operating profit was ¥1.851bn versus a loss of ¥129.1m.

• 9M revenue growth reflected sustained increases in sales demand; operating costs and cost of sales also rose with business expansion.

Key financial ratios and metrics

• Q3 basic EPS was ¥1.2512, up 79.49% YoY; 9M basic EPS was ¥2.7780, up 101.46%.

• Weighted-average ROE was 9.97% for Q3, down 0.98 percentage points YoY, and 28.14% for 9M, up 5.18 percentage points.

• At quarter-end, total assets were ¥18.522bn, up 69.67% from year-end; equity attributable to shareholders was ¥9.385bn, up 98.23%.