Sharetronic Data Technology Co Ltd (300857) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue reached ¥19.61bn, up 135.39% YoY; net income attributable to shareholders was ¥3.06bn, up 338.77% YoY, driven by AI-compute demand and improving business mix.

• Smart computing products and services led growth as delivered computing clusters entered customer acceptance and billed operations; storage and server remanufacturing also grew.

Financial highlights

• Q3 revenue was ¥7.09bn, up 109.27% YoY; 9M revenue was ¥19.61bn, up 135.39% YoY.

• Q3 net income attributable to shareholders was ¥1.224bn, up 360.33% YoY; 9M was ¥3.062bn, up 338.77% YoY.

• Adjusted for non-recurring items, Q3 net income was ¥1.222bn, up 363.44% YoY; 9M was ¥3.068bn, up 348.99% YoY.

• 9M operating cash flow was ¥1.413bn, versus an outflow of ¥1.374bn in the prior-year period; management attributed the improvement mainly to higher sales and collections.

Outlook and guidance

• Plans prioritize expanding high-performance computing supply and operating efficiency, supporting continued development of smart-computing products and services.

• IoT strategy shifts away from low-margin price competition toward higher-value, scenario-specific smart hardware, overseas markets, and faster commercialization of new products.