Shaanxi Lighte Optoelectronics Material (688150) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 34.42% YoY to RMB 176.44m; 9M revenue increased 14.19% to RMB 483.08m, while 9M attributable net profit declined 5.22% to RMB 170.48m.

• Higher OLED end-market demand supported sales growth; R&D spending also increased, including work on ultra-thin electronic cloth for copper-clad laminate applications.

Financial highlights

• Q3 attributable net profit rose 13.22% YoY to RMB 60.45m; adjusted for non-recurring items, it rose 18.31% to RMB 59.03m.

• 9M attributable net profit was RMB 170.48m, down 5.22% YoY; adjusted net profit was RMB 164.61m, down 3.02%.

• 9M total profit was RMB 190.41m, down 7.14% YoY; consolidated net profit was RMB 167.84m versus RMB 179.86m.

Segment performance

• OLED terminal-material sales increased YoY as demand from downstream customers grew; no separate segment-level financial results are included in the reported figures.