Zhejiang Crystal-Optech (002273) Q3 2026 earnings summary

Executive summary

• Q3 revenue was ¥2.685bn and attributable net income was ¥520.0m; revenue rose 20.3% YoY and net income rose 27.7% YoY.

• 9M revenue reached ¥6.163bn, up 20.3% YoY; attributable net income was ¥1.044bn, up 6.2% YoY.

• 9M adjusted net income, excluding non-recurring gains, was ¥989.0m, up 6.78% YoY.

Financial highlights

• 9M total operating costs were ¥4.912bn versus ¥4.140bn YoY; operating profit was ¥1.333bn versus ¥1.125bn.

• 9M total net income was ¥1.178bn versus ¥988.0m YoY; attributable net income was ¥1.044bn versus ¥983.3m.

• 9M operating cash flow was ¥922.8m, up 11.97% YoY.

• 9M R&D expense was ¥426.4m, up from ¥297.7m; selling expense was ¥72.6m, up from ¥55.8m.

Key financial ratios and metrics

• Basic and diluted EPS were ¥0.38 in Q3, up 8.57% YoY; 9M EPS was ¥0.76, up 5.56% YoY.

• Weighted average ROE was 4.96% for Q3, down 0.12 percentage points YoY; 9M ROE was 10.13%, down 0.33 percentage points.

• Total assets were ¥14.997bn at quarter-end, up 17.93% from year-end; attributable equity was ¥10.623bn, up 8.72%.