Sanan Optoelectronics (600703) Q3 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 earnings summary
29 Oct, 2026Executive summary
9M revenue was RMB 10.04bn, down 27.34% YoY as precious-metal recycling shifted to physical exchange; excluding that activity, revenue grew 9.77% on a comparable basis.
9M net loss attributable to shareholders was RMB 120.4m; excluding non-recurring items, the loss was RMB 684.3m.
Financial highlights
Q3 revenue was RMB 3.57bn, down 26.05% YoY; comparable revenue excluding precious-metal scrap grew 11.25%.
Q3 total profit was RMB 76.8m, up 267.14% YoY; net loss attributable to shareholders was RMB 22.5m, an improvement of 74.36%.
9M total profit was RMB 78.4m, down 68.12% YoY; operating cash flow was RMB 1.37bn, down 17.53%.
Segment performance
High-end LED product revenue increased YoY; optoelectronic technology revenue grew rapidly, with the business turning profitable.
Filter and power electronics businesses had not yet improved profitability.
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