Fuyao Glass Industry Group (03606) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 2.46% YoY to RMB34.12bn, while total profit fell 16.93% to RMB7.12bn, primarily due to a swing from exchange gains to losses.

• Excluding exchange gains and losses, 9M total profit would have increased 1.18% YoY; the unaudited quarterly financial statements cover the nine months ended September 30, 2026.

Financial highlights

• Q3 revenue was RMB12.15bn, up 2.51% YoY; total profit was RMB2.49bn, down 10.64%, and attributable net profit was RMB2.04bn, down 9.87%.

• 9M attributable net profit was RMB6.01bn, down 14.97% YoY; net profit excluding non-recurring gains or losses was RMB5.88bn, down 15.06%.

• 9M consolidated net profit was RMB6.01bn versus RMB7.07bn; operating profit was RMB7.24bn versus RMB8.57bn.

• 9M operating cash flow was RMB8.26bn, down 16.44% YoY; total assets reached RMB74.91bn, up 6.92% from year-end 2025.

Key financial ratios and metrics

• Basic and diluted EPS were RMB2.30 for 9M, down from RMB2.71 YoY; weighted-average ROE was 15.66%, down 3.69 percentage points.

• 9M total comprehensive income was RMB5.66bn versus RMB6.83bn; other comprehensive loss after tax was RMB353.18m versus RMB237.92m.