Nsing Technologies (300077) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 58.50% YoY to ¥1.519bn; attributable net profit was ¥8.99m, versus a ¥73.74m loss a year earlier.

• Higher sales volumes and prices in integrated circuits and anode materials supported revenue and gross profit improvement; operating cash flow was heavily negative amid increased procurement and inventory purchases.

Financial highlights

• Q3 revenue was ¥612.83m, up 87.74% YoY; Q3 attributable net profit was ¥4.58m, up 112.38%.

• 9M attributable net profit was ¥8.99m, versus a ¥73.74m loss; consolidated net profit was ¥7.78m, versus a ¥75.75m loss.

• 9M adjusted for non-recurring items, attributable net loss was ¥1.30m, an improvement of 98.52% YoY; Q3 adjusted attributable net profit was ¥22.27m, up 149.87%.

• 9M operating revenue increased 58.50% and operating costs rose 54.82% YoY, reflecting higher business volume.

Segment performance

• Integrated-circuit and anode-material businesses both recorded increased sales volumes and selling prices, lifting sales revenue and year-over-year sales gross profit.

• Higher orders in integrated circuits and anode materials increased inventory by 36.95% from year-end; anode-material inventory write-downs were lower than in the prior-year period.