Hongtian Co., Ltd. released its 2026 three-quarter report on October 30. The third quarter achieved operating income of 288 million yuan, a year-on-year decrease of 41.84%; net profit to mother was 3292,000 yuan, a year-on-year decrease of 99.66%, a significant improvement over the loss of 31.22 million yuan in the second quarter, and turned a loss into a profit in a single quarter. By the end of the third quarter, the company's inventory was 1,096 million yuan, up about 102.6% from the beginning of the year; contract liabilities were 557 million yuan, up about 146.3% from the beginning of the year and 43.6% month-on-month, with a sharp increase in on-hand orders.
Zhitongcaijing · 2d ago
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Hongtian Co., Ltd. released its 2026 three-quarter report on October 30. The third quarter achieved operating income of 288 million yuan, a year-on-year decrease of 41.84%; net profit to mother was 3292,000 yuan, a year-on-year decrease of 99.66%, a significant improvement over the loss of 31.22 million yuan in the second quarter, and turned a loss into a profit in a single quarter. By the end of the third quarter, the company's inventory was 1,096 million yuan, up about 102.6% from the beginning of the year; contract liabilities were 557 million yuan, up about 146.3% from the beginning of the year and 43.6% month-on-month, with a sharp increase in on-hand orders.
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