Wuhan Guide Infrared (002414) Q3 2026 earnings summary

Executive summary

• Q3 revenue was ¥1.660bn, up 46.46% YoY; 9M revenue reached ¥5.876bn, up 91.52%.

• Q3 net profit attributable to shareholders was ¥493.97m, up 23.18%; 9M net profit was ¥1.845bn, up 217.07%.

• 9M adjusted net profit, excluding non-recurring items, was ¥1.798bn, up 235.72% YoY.

Financial highlights

• Q3 basic and diluted EPS were ¥0.1156, up 23.11%; 9M EPS was ¥0.4320, up 216.95%.

• 9M operating income was ¥2.078bn, versus ¥889.7m a year earlier; net income was ¥1.845bn versus ¥581.9m.

• 9M revenue rose 91.52%, while operating costs increased 72.9% to ¥3.713bn; cost of sales rose 106.84% to ¥2.671bn.

• 9M R&D expense increased 31.54% to ¥655.2m; finance expense rose 115.45% to ¥20.1m, reflecting FX losses versus FX gains a year earlier.

Segment performance

• Revenue growth was attributed to continued delivery of model-project products and sustained growth in civilian infrared-chip applications.