According to the Zhitong Finance App, Feilong Co., Ltd. (002536.SZ) released a performance forecast for the first three quarters of 2026. The company expects to achieve net profit attributable to shareholders of listed companies of 95 million yuan to 117 million yuan in the first three quarters of 2026, a year-on-year decrease of 59.20% to 66.87%; net profit after deducting non-recurring profit and loss of 91.6 million yuan to 114 million yuan, a year-on-year decrease of 62.61%-69.85%.
Competition in the automobile industry continued to intensify during the reporting period. Sales prices of the company's products were under pressure, and profit margins were narrowed. The impact of this factor on profits exceeded 100 million yuan. During the reporting period, due to rising commodity prices, the company's main raw material procurement costs increased year-on-year, affecting profits by more than 39 million yuan. The company continues to expand overseas markets, and the export settlement currency is mainly foreign currency. The exchange rate fluctuated greatly during the reporting period, resulting in exchange losses, which affected current profit of nearly 66 million yuan. During the reporting period, the company continued to expand its business in the non-automotive sector. Beginning in the third quarter of this year, some individual customer projects have implemented batch orders, but the order production conversion process will take a certain amount of time. At this stage, business revenue in the non-automotive sector accounts for a low proportion of overall revenue.