Rongsheng Petrochemical (002493) Q3 2026 earnings summary

Executive summary

• Q3 revenue fell 18.93% YoY to RMB 64.19bn, while net income attributable to shareholders rose 914.18% to RMB 2.90bn.

• YTD revenue declined 15.02% to RMB 193.60bn; attributable net income climbed 802.12% to RMB 8.01bn.

Financial highlights

• Q3 adjusted net income, excluding non-recurring items, was RMB 2.58bn, up 720.52% YoY; YTD adjusted net income was RMB 7.92bn, up 640.93%.

• YTD consolidated net profit reached RMB 14.99bn versus RMB 2.63bn a year earlier; operating profit was RMB 17.64bn versus RMB 3.07bn.

• Q3 revenue was RMB 64.19bn; YTD revenue was RMB 193.60bn versus RMB 227.81bn in the prior-year period.

Key financial ratios and metrics

• Q3 basic and diluted EPS were RMB 0.30, each up 900.00% YoY; YTD EPS was RMB 0.83, up 822.22%.

• Weighted average ROE was 5.80% for Q3 and 16.93% YTD; reported YoY increases were 5.14 and 14.90 percentage points, respectively.

• YTD operating cash flow was RMB 27.08bn, up 14.50% YoY.

• Total assets were RMB 424.40bn at quarter-end, up 9.77% from year-end; parent shareholders’ equity was RMB 52.27bn, up 19.89%.