Suzhou Dongshan Precision Manufacturing Co (002384) Q3 2026 earnings summary

Executive summary

• 9M revenue and profit grew sharply, driven by Source Photonics and GMD Group entering the consolidation scope, surging optical transceiver sales and steady growth in traditional businesses.

• Quarterly financial information was prepared under China Accounting Standards and is unaudited.

Financial highlights

• Q3 revenue was RMB17.582bn, up 73.81% YoY; net profit attributable to shareholders was RMB2.332bn, up 401.18%.

• Q3 adjusted attributable net profit, excluding non-recurring items, was RMB2.099bn, up 406.69%; basic and diluted EPS were RMB1.27, up 408.00%.

• 9M revenue reached RMB45.379bn, up 67.63%; attributable net profit was RMB5.289bn, up 332.34%, and total net profit was RMB5.315bn.

• 9M adjusted attributable net profit was RMB4.579bn, up 327.48%; operating cash flow was RMB3.515bn, up 19.32%.

Segment performance

• Optical transceiver business recorded surging growth after Source Photonics was consolidated; traditional businesses also grew steadily during 9M.

• R&D investment increased for next-generation high-speed optical chips, optical transceivers and AI PCBs; optical transceiver and AI PCB capacity expansion drove higher project spending.