LB Group (002601) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 10.41% YoY and attributable net income increased 85.64%; for 9M, revenue grew 8.91% while attributable net income fell 17.54%.

• Q3 net income excluding non-recurring items increased 59.83% YoY, contrasting with a 25.46% decline for 9M.

Financial highlights

• Q3 revenue was RMB 6,749.8m, up 10.41% YoY; 9M revenue was RMB 21,166.8m, up 8.91%.

• Q3 attributable net income was RMB 536.9m, up 85.64% YoY; 9M attributable net income was RMB 1,380.7m, down 17.54%.

• 9M operating profit was RMB 1,905.9m versus RMB 2,049.7m YoY; net income was RMB 1,618.5m versus RMB 1,682.7m.

• 9M revenue excluding interest income was RMB 21,166.8m; operating costs totaled RMB 19,531.7m versus RMB 17,500.3m YoY.

Key financial ratios and metrics

• Q3 basic EPS was RMB 0.2297, up 91.42% YoY; 9M basic EPS was RMB 0.5858, down 17.01%.

• Q3 diluted EPS was RMB 0.2253, up 87.71% YoY; 9M diluted EPS was RMB 0.5791, down 17.54%.

• 9M operating cash flow was RMB 3,033.7m, up 19.49% YoY.

• Total assets were RMB 63,124.9m at quarter-end, down 2.02% from year-end; parent equity was RMB 23,161.1m, up 1.22%.