Zhejiang Chint Electrics Co (601877) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 17.13% YoY to RMB 54.37B; attributable net income increased 0.84% to RMB 4.23B, while Q3 attributable net income fell 32.79% YoY to RMB 1.09B.

• Q3 earnings were pressured mainly by fair-value changes in Zhongkong Technology shares; 9M attributable net income excluding that impact was RMB 4.104B, down 1.16% YoY.

Financial highlights

• Q3 revenue was RMB 16.30B, down 2.87% YoY; 9M revenue was RMB 54.37B, up 17.13% YoY.

• Q3 total profit was RMB 1.776B, down 35.15% YoY; 9M total profit was RMB 7.014B versus RMB 7.009B in the adjusted prior-year period.

• Q3 attributable net income was RMB 1.095B, down 32.79%; Q3 net income excluding non-recurring items was RMB 1.260B, down 1.30% YoY.

• 9M attributable net income was RMB 4.225B, up 0.84%; excluding non-recurring items, it was RMB 3.961B, up 3.79% YoY.

Key financial ratios and metrics

• 9M basic and diluted EPS were RMB 1.99, versus RMB 1.95 in the adjusted prior-year period.

• 9M weighted average ROE was 9.24%, down 0.45 percentage points YoY; Q3 ROE was 2.39%, down 1.37 percentage points.

• 9M operating cash flow was RMB 18.073B, up 18.38% YoY.