Shanghai Baosight Software (600845) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 17.00% YoY to RMB 8.251bn, while attributable net profit fell 10.17% to RMB 986.2m; operating cash flow increased 24.22% to RMB 2.285bn.

• Q3 revenue increased 12.05% YoY to RMB 2.619bn, while attributable net profit declined 27.48% to RMB 279.4m.

Financial highlights

• 9M operating costs and expenses totaled RMB 7.171bn, versus RMB 5.886bn a year earlier; operating profit was RMB 1.117bn, down from RMB 1.227bn.

• 9M consolidated net profit was RMB 1.017bn; attributable net profit was RMB 986.2m, down 10.17% YoY.

• Adjusted for non-recurring items, attributable net profit was RMB 945.5m, down 7.67% YoY; 9M non-recurring gains totaled RMB 40.7m.

• Total assets reached RMB 25.250bn at quarter-end, up 13.15% from year-end 2025; equity attributable to shareholders was RMB 11.367bn, up 2.94%.

Key financial ratios and metrics

• Basic EPS was RMB 0.098 in Q3, down 27.41% YoY, and RMB 0.345 for 9M, down 10.39%.

• Weighted average ROE was 2.15% for Q3, down 1.40 percentage points YoY; 9M ROE was 8.47%, down 1.38 percentage points.