Zhejiang Supor (002032) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 3.00% YoY to RMB5,582,167,437.55, while net profit attributable to shareholders fell 4.95% to RMB405,111,391.62.

• For 9M, revenue increased 0.56% YoY to RMB16,991,937,571.11, while net profit attributable to shareholders declined 6.84% to RMB1,272,657,369.95.

Financial highlights

• 9M adjusted net profit, excluding non-recurring items, was RMB1,223,413,845.48, down 7.28% YoY; Q3 adjusted net profit was RMB383,360,788.75, down 6.95%.

• 9M operating profit was RMB1,609,969,095.50, versus RMB1,701,735,215.10 a year earlier; consolidated net profit was RMB1,269,204,613.36.

• 9M non-recurring gains totaled RMB49,243,524.47, including RMB22,511,612.73 in government grants and RMB51,404,902.35 in fair-value and financial-asset disposal gains before tax effects.

• 9M operating cash flow was RMB975,368,034.22, down 27.88% YoY; cash and cash equivalents decreased RMB100,544,405.04 over the period.

Key financial ratios and metrics

• Q3 basic and diluted EPS were RMB0.510, each down 4.67% YoY; 9M basic EPS was RMB1.599, down 6.76%.

• Weighted average ROE was 7.66% in Q3, down 0.34 percentage points YoY, and 19.73% for 9M, down 3.59 percentage points.