Shenzhen Envicool Technology (002837) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 22.94%, led by growth in computing-power and energy-storage thermal-control businesses; attributable net income declined 7.62%.

• Q3 revenue increased 33.04% YoY to ¥1.933B, while attributable net income was nearly flat at ¥183.9M, up 0.25%.

Financial highlights

• 9M revenue was ¥4.950B (+22.94% YoY); attributable net income was ¥368.7M (-7.62%), and adjusted net income was ¥356.5M (-7.06%).

• Q3 adjusted net income was ¥181.0M, down 0.20% YoY; Q3 basic and diluted EPS were ¥0.14, each down 6.67%.

• 9M operating cash flow was ¥214.0M, versus an outflow of ¥319.0M a year earlier; cash and cash equivalents decreased ¥127.9M.

Segment performance

• Computing-power thermal control and energy-storage thermal control were the stated drivers of 9M revenue growth.