Disclosure!! List of Stocks with Expected Q3 Earnings Growth (Latest Three-Quarter Report Preview)!

Ideal candidates must satisfy both conditions: substantial year-on-year growth in the first three quarters + continued quarter-on-quarter growth in Q3—indicating sustained upward momentum in industry prosperity. In-Depth Analysis of Q3 Earnings Preview Companies Over the Weekend China Jushi | Fiberglass: Volume and Price Rising Together; Q3 Prosperity Accelerating Earnings Preview: Net Profit Attributable to Shareholders: RMB 5.136–5.393 billion, YoY growth: 100%–110%; Net Profit Excluding Non-recurring Gains/Losses: RMB 5.225–5.486 billion, YoY growth excluding non-recurring items: 100%–110%. Q3 Breakdown: Net profit attributable to shareholders for the first half of 2026 was RMB 2.933 billion; thus, estimated Q3 net profit attributable to shareholders is RMB 2.203–2.460 billion, representing YoY growth of 150%–179%. Q3 growth significantly outpaces that of the first half, driven by price hikes in electronic cloth and fiberglass, alongside continuous optimization of product mix, which further releases profitability. Growth Logic: Revival in downstream demand for fiberglass drives simultaneous increases in volume and price; higher-value-added products account for a growing share, and technological innovation substantially lifts profitability. Gross margin in the first half of 2026 stood at 42.14%, far exceeding last year’s 32.21%; profits stem from core operations, with no significant non-recurring gains. Risk Warning: Earnings exhibit strong cyclical characteristics and cannot be linearly extrapolated; key follow-up indicators include fiberglass product pricing and supply-demand pressure arising from newly commissioned production capacity. Comprehensive Assessment: Among the three stocks analyzed, this one exhibits the strongest prosperity and clearest Q3 acceleration—representing a convergence of cyclical upswing and growth potential. Guanghe Technology | AI Server PCBs: Overseas Capacity Coming Online; Compute Infrastructure Theme Materializing Earnings Preview: Net Profit Attributable to Shareholders: RMB 1.450–1.500 billion, YoY growth: 100.33%–107.23%; Net Profit Excluding Non-recurring Gains/Losses: RMB 1.420–1.470 billion, YoY growth excluding non-recurring items: 101.84%–108.94%. Q3 Breakdown: Net profit attributable to shareholders for the first half was RMB 0.956 billion; thus, estimated Q3 net profit attributable to shareholders is RMB 0.494–0.544 billion, representing YoY growth of 113%–134%, maintaining marginal acceleration in Q3. Growth Logic: Core earnings derive from robust demand for AI server, switch, and accelerator card PCBs; Thailand factory has completed core customer certification, with capacity gradually ramping up and achieving profitability; digital transformation enhances production efficiency, lifting gross margin year-on-year in H1. Risk Warning: Sustained industry prosperity in AI server PCBs remains the critical variable; overseas factory ramp-up and expansion of high-end capacity entail capital expenditure pressure; current stock price already prices in high growth expectations, requiring ongoing validation of order volumes and gross margins. Comprehensive Assessment: Growth logic is clear-cut, and performance realization along the compute infrastructure value chain is solid; however, valuation demands consistently high growth. Shaoneng Co., Ltd. | Energy + Intelligent Manufacturing: Operational Recovery, Limited Upside Potential Earnings Preview: Net Profit Attributable to Shareholders: RMB 0.278–0.302 billion, YoY growth: 61.12%–75.03%; Net Profit Excluding Non-recurring Gains/Losses: RMB 0.25626–0.28026 billion, YoY growth excluding non-recurring items: 94.87%–113.12%. Q3 Breakdown: Net profit attributable to shareholders for the first half was RMB 0.1684 billion; thus, estimated Q3 net profit attributable to shareholders is RMB 0.110–0.134 billion, representing YoY growth of 43%–74%.

Earnings Forecast Revisions Flood In: 57 Companies Raise Their Q3 Earnings Expectations

As the official release of Q3 reports commences, Q3 earnings forecasts are once again flooding in. As of now, a total of 2,105 companies across the two exchanges have issued preliminary Q3 earnings forecasts ahead of schedule; of these, 1,037 new forecasts were added just in October alone. Statistical analysis shows that among them, 892 companies are issuing their Q3 earnings forecasts for the first time, while another 143 companies have revised previously disclosed forecasts. Two firms—Sanlei Co., Ltd. and Jianxin Chemical Co., Ltd.—have even issued second revisions to their earlier forecasts. Regarding revision direction, 57 companies raised their profit expectations, 51 lowered theirs, and 35 revised their forecasts merely to supplement or refine previously disclosed information. Overall, the number of upward and downward revisions is roughly balanced. A closer look reveals that even among those companies raising forecasts, some still face gloomy outlooks post-revision. For instance, Rongyu Group initially forecasted Q3 2023 net profit of RMB 0.1–1.59 million on August 29; in its revised announcement issued on October 13, it adjusted the range upward to RMB 0.9–2.4 million. On the surface, this appears as an improvement—but relative to last year’s Q3 results, the company remains mired in declining profits. The projected decline narrowed only from 49.23%–96.81% to 23.37%–71.26%. Product Price Increases Boost Listed Companies’ Profitability Statistical data also show that among companies revising forecasts upward, agriculture, forestry, animal husbandry & fisheries (AFH&F), and chemicals sectors feature the highest numbers of firms—six each. Regarding reasons behind upward revisions, price hikes emerged as the single largest driver boosting related firms’ earnings. On August 2, Sunner Development first forecasted its Q3 earnings in its interim report, citing robust rigid demand in the broiler chicken market, continuously rising live chicken procurement prices and chicken meat market prices—which provided strong support—and ongoing internal technological upgrades and marked improvements in management efficiency. It projected net profit for the first three quarters at approximately RMB 0.635–0.685 billion. Later, as chicken price increases persisted longer than anticipated, Sunner Development revised its Q3 earnings forecast on October 9, raising the projected net profit to RMB 0.8–0.81 billion. Similarly, Xiantan Co., Ltd. also revised its forecast upward due to unexpectedly prolonged chicken price increases. Another poultry farming firm, Minhe Stock Co., Ltd., saw improved profitability thanks to unexpectedly higher sales prices for its primary product—broiler chicklings. Likewise, Zhengbang Technology revised its forecast after Q3 hog prices rose more sharply than expected, shifting its prior projection of a RMB 0.5–2.2 billion loss to an expectation of RMB 0.1–0.5 billion profit. 2018 marks a turning point for profitability in the poultry sector. According to research by TF Securities, industry prosperity in this sector is expected to extend into 2019; amid inflationary expectations, price-driven prosperity in this sector may further intensify. Beyond agricultural commodities, international chemical giants—including Shin-Etsu, Henkel, and BOCAT—announced price hikes for multiple chemical products effective October 1. Subsequently, domestic chemical leaders followed suit, and following the National Day holiday, prices of numerous bulk chemical commodities rose accordingly.

Naturgy Hikes Outlook Again After Nine-Month Profit Rises 5.4%

4 days ago

Naturgy raised its annual outlook after nine-month net profit rose 5.4% to €1.76 billion, while clarifying compliance strategies for Russian LNG contracts amid potential EU bans.

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Naturgy Hikes Outlook Again After Nine-Month Profit Rises 5.4%

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