Yealink Network Technology Co (300628) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 3.44% YoY to RMB1.705bn and net income rose 4.74% to RMB752.1m; 9M revenue grew 17.59% and net income 16.25%.

• 9M adjusted net income, excluding non-recurring items, increased 17.77% YoY to RMB2.171bn.

Financial highlights

• 9M operating revenue was RMB5.054bn; operating profit was RMB2.506bn, versus RMB2.167bn in the prior-year period.

• 9M non-recurring gains totaled RMB105.8m, including RMB96.9m from entrusted asset management; Q3 non-recurring gains were RMB26.5m.

• 9M financial expenses were RMB88.7m, compared with financial income of RMB25.1m in the prior-year period; the change was attributed to USD exchange-rate movements.

Key financial ratios and metrics

• Q3 basic and diluted EPS were RMB0.5936 and RMB0.5926, up 4.56% and 4.50% YoY; 9M EPS was RMB1.7969 and RMB1.7946, up 16.00% and 15.98%.

• Weighted average ROE was 7.85% in Q3, down 0.35 percentage points YoY; 9M ROE was 23.38%, up 1.99 percentage points.

• Total assets were RMB10.321bn at Sept. 30, down 3.50% from year-end 2025; attributable equity was RMB9.329bn, up 0.01%.