Jiangsu Zhongtian Technology (600522) Q3 2026 earnings summary

Executive summary

• Q3 revenue was RMB 17.50bn, up 21.75% YoY; net profit attributable to shareholders was RMB 1.61bn, up 109.38% YoY.

• 9M revenue reached RMB 48.44bn, up 27.56% YoY; attributable net profit was RMB 4.00bn, up 71.10% YoY.

• Strategy focused on “optical-electric-computing” solutions, AI computing infrastructure, and energy-system transformation.

Financial highlights

• Q3 total profit was RMB 1.92bn, up 100.57% YoY; 9M total profit was RMB 4.80bn, up 71.67% YoY.

• Adjusted for non-recurring items, Q3 net profit was RMB 1.58bn, up 133.88% YoY; 9M adjusted net profit was RMB 3.79bn, up 76.91% YoY.

• 9M operating cash flow was RMB 2.05bn, up 391.98% YoY, primarily due to increased customer payments for goods sold.

• Total assets were RMB 70.90bn at Sep. 30, 2026, up 14.15% from year-end 2025; attributable equity was RMB 40.14bn, up 6.96%.

Outlook and guidance

• Energy-interconnection backlog was ~RMB 36.2bn at Sep. 30, 2026, including ~RMB 12.5bn in marine-series orders.

• Strategic priorities include building capabilities across optical, power, and computing value chains to support AI infrastructure and the green, low-carbon energy transition.