Heilongjiang Agriculture Company (600598) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 13.50% YoY to RMB 1,241,981,803.03, while net income attributable to shareholders fell 17.39% to RMB 307,624,840.75.

• 9M revenue declined 17.97% YoY to RMB 3,370,235,132.09; attributable net income was a loss of RMB 228,884,290.47, heavily affected by a one-time tax and late-charge payment.

Financial highlights

• 9M total profit fell 30.80% YoY to RMB 944,048,218.91; net loss attributable to shareholders was RMB 228,884,290.47 versus net income of RMB 1,356,795,537.94 a year earlier.

• 9M net income attributable to shareholders excluding non-recurring items was RMB 81,543,535.53, down 93.96% YoY; Q3 was RMB 290,233,708.43, down 20.88%.

• 9M operating cash flow was RMB 1,694,328,906.99, down 43.29% YoY; Q3 operating cash flow was marked not applicable in the period summary.

• Total assets at September 30 were RMB 9,288,991,342.93, up 3.69% from year-end; parent-company shareholders’ equity was RMB 6,790,314,069.69, down 15.16%.

Key financial ratios and metrics

• Q3 basic and diluted EPS were both RMB 0.173, down 17.22% YoY; 9M basic and diluted EPS were both RMB -0.129, down 116.91%.

• Weighted-average ROE was 4.02% for Q3, down 0.76 percentage points YoY; the 9M figure was -3.07%, down 19.14 percentage points.