Xgd (300130) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue reached RMB 2.856bn, up 21.87% YoY, driven by domestic acquiring and electronic payment devices; attributable net profit was RMB 394.6m, down 3.18%.

• Q3 revenue was RMB 918.0m, up 12.47% YoY; attributable net profit was RMB 123.6m, down 6.39%.

Financial highlights

• 9M adjusted net profit, excluding non-recurring items, was RMB 366.2m, up 0.56% YoY; reported attributable net profit declined 3.18%.

• 9M operating cash flow was negative RMB 45.1m versus positive RMB 58.7m a year earlier, mainly due to higher payments for goods, services and labor.

• Total assets rose 8.99% from year-end 2025 to RMB 6.699bn; attributable shareholders’ equity increased 2.55% to RMB 4.515bn.

Segment performance

• Domestic acquiring transaction volume was ~RMB 1.35tn in 9M, up more than 24% YoY.

• Electronic payment device revenue grew ~29% YoY as overseas expansion progressed and key markets performed well.

• Cross-border payments and global acquiring transaction volume exceeded RMB 6.6bn in 9M, supported by multi-currency accounts, acquiring channels and expanded supported use cases.