Zhejiang China Commodities City Group (600415) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 17.29% YoY to RMB15.319bn, while attributable net income was nearly flat at RMB3.461bn; Q3 revenue and net income declined YoY.

• 9M operating cash flow fell 88.27% YoY to RMB1.126bn, mainly because the prior-year period included larger collections from market-space leasing and property sales.

Financial highlights

• Q3 revenue was RMB5.038bn, down 5.81% YoY; 9M revenue was RMB15.319bn, up 17.29%.

• Q3 attributable net income was RMB1.481bn, down 16.14% YoY; 9M attributable net income was RMB3.461bn, up 0.09%.

• Adjusted for non-recurring items, attributable net income was RMB1.605bn in Q3, down 6.87% YoY, and RMB3.428bn for 9M, up 1.08%.

• Total assets were RMB43.763bn at Sep. 30, down 1.45% from year-end 2025; parent equity was RMB23.015bn, up 0.29%.

Key financial ratios and metrics

• Basic and diluted EPS were RMB0.27 for Q3, down 15.63% YoY; 9M EPS was RMB0.63.

• Weighted average ROE was 5.77% for Q3, down 2.16 percentage points YoY; 9M ROE was 14.05%, down 1.91 points.