NATIONAL SILICON INDUSTRY GROUP (688126) Q3 2026 earnings summary

Executive summary

• Q3 revenue 131,935.13万元, up 39.81% YoY; attributable net profit 23,671.15万元, turning profitable, while adjusted net loss was 37,401.77万元.

• 9M revenue 363,659.61万元, up 37.69% YoY; attributable net loss 72,844.04万元 and adjusted net loss 133,165.03万元.

• Q3 profit turnaround was driven mainly by fair-value gains from strategic placements in listed companies.

Financial highlights

• 9M consolidated net loss 844.62 million yuan versus 861.28 million yuan a year earlier; attributable net loss 728.44 million yuan.

• 9M operating cash outflow was 98.51 million yuan, down from 827.39 million yuan; improved collections, payment terms and higher government grants supported the change.

• 9M total assets reached 38,988.89 million yuan, up 15.40% from year-end; parent shareholders’ equity was 19,987.67 million yuan, up 18.10%.

Segment performance

• 9M 300mm semiconductor wafer revenue increased by more than 50% YoY; 200mm and smaller wafer revenue rose by more than 10%.

• Q3 300mm wafer revenue increased by more than 45% YoY; 200mm and smaller wafer revenue rose by nearly 30%.