Zhejiang Shuanghuan Driveline (002472) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 14.40% YoY to ¥2.559bn; net profit attributable to shareholders increased 3.76% to ¥333.3m.

• 9M revenue grew 10.08% to ¥7.118bn, while attributable net profit rose 2.40% to ¥920.0m; adjusted net profit was nearly flat, down 0.22% to ¥845.3m.

Financial highlights

• Q3 adjusted net profit, excluding non-recurring items, increased 6.50% YoY to ¥311.1m; 9M adjusted net profit declined 0.22%.

• 9M non-recurring gains totaled ¥74.7m, including ¥86.2m in government grants before related tax and minority-interest effects.

• 9M operating cash flow was ¥1.427bn, up 9.91% YoY.

Key financial ratios and metrics

• 9M basic and diluted EPS were both ¥1.08, up 1.89% YoY; weighted average ROE was 8.81%, down 0.96 percentage points.

• Total assets reached ¥21.235bn at Sept. 30, up 13.18% from year-end 2025; equity attributable to shareholders rose 6.44% to ¥10.663bn.