Yili Group (600887) Q3 2026 earnings summary

Executive summary

• 2026 Q3 revenue rose 2.40% YoY, while net profit attributable to shareholders fell 5.60%; 9M revenue increased 3.59% and attributable net profit declined 15.56%.

• 9M operating cash flow grew 64.27% YoY to RMB 15,441,464,454.51, supported by higher sales receipts and increased supplier payables.

Financial highlights

• Q3 revenue was RMB 29,250,582,318.09, up 2.40% YoY; 9M revenue was RMB 93,581,518,865.47, up 3.59%.

• Q3 net profit attributable to shareholders was RMB 3,045,142,053.73, down 5.60%; 9M was RMB 8,803,770,151.52, down 15.56%.

• Adjusted for non-recurring items, Q3 net profit was RMB 2,936,437,582.23, down 4.86%; 9M was RMB 8,532,200,099.99, down 15.55%.

• 9M operating cash flow was RMB 15,441,464,454.51 versus RMB 9,399,863,342.62 a year earlier; cash receipts from sales rose while supplier payments fell.

• 9M non-recurring gains, net of tax and minority interests, totaled RMB 271,570,051.53; government grants contributed RMB 749,214,102.97 before related deductions.

Key financial ratios and metrics

• Basic and diluted EPS were RMB 0.48 in Q3, down 5.88%; 9M EPS was RMB 1.39, down 15.76%.

• Weighted-average return on equity was 5.51% for Q3, down 0.38 percentage points; 9M ROE was 15.52%, down 3.08 percentage points.

• At September 30, total assets were RMB 157,051,584,640.01, up 3.26% from year-end; equity attributable to shareholders was RMB 56,839,805,025.77, up 4.00%.