HANS CNC (03200.HK): Nine-Month Revenue Doubles to RMB 7.84bn, Net Profit Up 214%
NewTimeSpace News: Shenzhen Hans CNC Technology Co., Ltd. (stock code: 03200) released its 2026 third quarter report on 15 October 2026, reporting operating revenue of RMB 7,840.9479 million for the reporting period, up 100.90% from RMB 3,902.8172 million in the prior year period; net profit attributable to shareholders of the listed company of RMB 1,544.1246 million, up 214.03% from RMB 491.7068 million; and net profit after deducting non-recurring gains and losses of RMB 1,535.3974 million, up 222.52%. Basic earnings per share were RMB 3.27, up 181.90%, and weighted average return on net assets was 15.43%, up 6.29 percentage points.
The Company said the growth was mainly attributable to significant demand growth for high-end AI PCBs, including high-layer-count HDI boards and N+N structure high-layer boards for new-generation rack server computing and switch units, as well as mSAP substrates for 800G and 1.6T high-speed optical modules, driven by both rising demand and technology upgrades that kept downstream PCB investment high and allowed the Company to seize expansion and upgrade opportunities among its customers, with orders for its full product line growing substantially.
The Company further disclosed that as at the end of the reporting period, total assets were RMB 19,237.8564 million, up 81.23% from the start of the period, mainly because it completed its H share initial public offering and received the proceeds, together with substantial expansion in production and sales scale driving increases in operating assets such as receivables and inventories; equity attributable to shareholders of the listed company was RMB 12,397.1650 million, up 104.21%, mainly due to strong profit growth and increases in share capital and capital reserves from the H share offering. The Company cautioned that the figures are preliminary calculations prepared under PRC accounting standards and not audited by the accounting firm, and may differ from the final data to be disclosed in the 2026 third quarterly report.
