Market outlook going forward + Q3 2026 earnings tracking

My assessment is: the rally is over. No time left, Xiao Tengjing—everyone’s already submitted their papers, yet you’re delivering a single-quarter net profit of less than RMB 50 million… Let’s assume your full-year net profit reaches RMB 200 million; that would put your year-end P/E at 125. Wait for Q4—the rally is over. 6. Jinhaitong Revenue not disclosed. Estimated net profit attributable to shareholders for the first three quarters: RMB 310–340 million, up 148.04%–172.04% YoY. Estimated Q3 net profit attributable to shareholders: RMB 139–169 million; Q2 was RMB 88.67 million, representing a 56.6%–90.4% sequential increase; Q3 last year was RMB 48.98 million, up 183.5%–244.7% YoY. The company attributes this growth to robust downstream demand driven by AI, high-performance computing, and new-energy vehicles, leading to sustained growth in semiconductor packaging and test equipment demand. Its global expansion strategy is bearing fruit: overseas orders rose significantly YoY, and sales of test handlers increased. Historically, test handlers were dominated by overseas vendors such as Advantest (Japan) and Cohu (U.S.). A domestic player achieving a near-tripling of quarterly profits via overseas orders signals successful validation by international customers—a far more credible narrative than mere domestic substitution. The earnings preview did not disclose revenue or gross margin. Based solely on net profit, it’s impossible to determine whether growth stems from volume, pricing, or foreign exchange gains—we’ll need to wait for the formal Q3 report. At this growth rate, full-year net profit could reach RMB 481 million, implying a P/E of 46.78—making valuation reasonable. This earnings preview earns an 'excellent' rating. 7. Hengtong Optic-Electric Estimated net profit attributable to shareholders for the first three quarters: RMB 5.97–6.37 billion, up 151.27%–168.10% YoY. Estimated Q3 net profit attributable to shareholders: RMB 2.85–3.25 billion; Q2 was RMB 2.014 billion, up 41%–61% sequentially; Q3 last year was only RMB 763 million, up 274%–326% YoY. Revenue for H1 was RMB 42.026 billion, up 31.13% YoY. The company attributes the surge to rapid AI development and continued strong capital expenditure in data centers, driving higher optical communication demand and price increases. Fiber-optic products contributed ~RMB 2.5 billion in Q3 profit; most low-priced orders remaining from Q2 have been largely fulfilled, while linear price hikes and structural shipments of premium fiber have lifted average selling prices sequentially. Offshore cable deliveries fell short of expectations in Q2—the company cites industry-wide and seasonal factors—but improved sequentially in Q3, with H2 being the peak delivery season for offshore wind power projects. This earnings preview carries high certainty: the volume-and-price logic for optical fiber is clear, while offshore cables represent a future option. My assessment: It’s a cyclical stock. How long the optical-communication price hike lasts depends on the pace of data-center capex growth. Prices likely won’t rise further—they’ve entered an expansion phase. Verdict: Solid performance—but probably peaked. Goodbye. 8. Sihui Fushi This may be a company that rushed its earnings release out of fear after a sharp stock plunge… Revenue for the first three quarters: RMB 2.09 billion, up 49.68% YoY; net profit attributable to shareholders: RMB 264 million, up 101.67% YoY; non-GAAP net profit: RMB 256 million, up 120.4% YoY. Q3 revenue: RMB 857 million, up 59.78% YoY; net profit attributable to shareholders: RMB 176 million, up 217.22% YoY; non-GAAP net profit: RMB 174 million, up 239.7% YoY.

Wuhan Ligong Optoelectronics Co., Ltd. | One of China’s leading providers of fiber-optic sensing safety monitoring systems

The company’s core business is providing fiber-optic sensing-based safety monitoring system products and related services to users. These can be categorized into: fiber-optic tank fire alarm systems, fiber-optic tunnel fire alarm systems, fiber-optic online monitoring systems for power equipment, and fiber-optic perimeter intrusion alarm systems. 2. Competitive Advantages The company is one of China’s earliest enterprises engaged in fiber-optic sensors and intelligent instrumentation, and ranks among the nation’s top providers of fiber-optic sensing-based safety monitoring systems, holding a leading market share domestically. In 2002, the company developed China’s first fiber Bragg grating (FBG) demodulator with fully independent intellectual property rights, successfully deployed across multiple sectors—including petroleum & petrochemicals, power, transportation, water resources, metallurgy, construction, and national defense—providing advanced, reliable safety monitoring solutions for major national infrastructure projects, critical equipment, and hazardous environments prone to fire or explosion. In 2003, the company launched China’s first-generation fiber-optic tank fire alarm system, pioneering its application in large-scale oil tank fire detection and alarm systems across the national petrochemical industry. Owing to its technological leadership and stable performance, the system was rapidly adopted nationwide within the sector. In 2004, the company introduced its second-generation fiber-optic tank fire alarm system, meeting the requirements for zonal detection and alarm in large oil tanks used by petroleum & petrochemical enterprises. The system won all bids in the National Development and Reform Commission’s tender for fire-detection systems at China’s four strategic petroleum reserve depots, and was successfully deployed across all four facilities. In 2005, the company developed a fiber-optic tunnel fire alarm system and pioneered its application in traffic-tunnel fire detection and alarm systems. In 2006, the company’s fiber-optic tunnel fire alarm system was deployed in the Qinling Zhongnanshan Tunnel—the longest highway tunnel in China and the world’s second-longest. In 2009, the company became the first in China to successfully apply its self-developed, independently owned fiber-optic perimeter intrusion alarm system to the perimeter security industry, achieving widespread commercial adoption. After years of development, the company has mastered key fiber-optic sensing technologies—including fiber Bragg grating (FBG), FBG array, distributed fiber-optic temperature sensing (DTS), and distributed fiber-optic vibration sensing (DVS)—with multiple core technologies ranking among the best domestically and internationally. The company holds 106 authorized patents, and its R&D center has been designated a National Enterprise Technology Center. Its product portfolio centers on fiber-optic tank fire alarm systems and fiber-optic tunnel fire alarm systems as flagship offerings, positions fiber-optic perimeter intrusion alarm systems and fiber-optic online monitoring systems for power equipment as future growth drivers, and complements these with fiber-optic smart bridge health monitoring systems. 3. Earnings Highlights Ligong Optoelectronics shows signs of accelerating earnings expansion. Although its net profit has yet to turn positive this year, robust revenue growth is already assured. Notably, as a Wuhan-based enterprise in Hubei Province, the company’s Q1 performance was impacted by the pandemic by a mere 25%—a remarkably resilient result warranting premium valuation. NO. 2 Game-Theoretic Analysis Reviewing historical price behavior! Generally, when reviewing stock behavior, it’s best to start from longer timeframes and move to shorter ones—so let’s begin with the monthly chart. 1. Monthly Chart Analysis The monthly chart reflects long-term trends. From this perspective, the company’s post-IPO rally and subsequent bottom-finding decline have essentially concluded. Over the past few months, rising trading volume has propelled the stock above its 20-month moving average, confirming a firm technical base. Next, we must observe whether the stock can sustain its upward momentum and continue climbing.

Perimeter Group Inc. to Report Third Quarter 2026 Financial Results on November 5, 2026

Oct 22, 2026

Perimeter Group Inc. announced it will release its third-quarter 2026 financial results on November 5, 2026, followed by a conference call with executive leadership.

Quiver Quantitative

2026-07-31

Perimeter Solutions Q2 Results: Net Loss Widens to $181.6M on Fees

2026-07-31

Perimeter Solutions Reports Q2 Revenue $213.8M, Missing FactSet Estimates

2026-07-31

Perimeter Solutions Reports Second Quarter 2026 Financial Results

2026-07-31

Perimeter Solutions Q2 2026 Earnings: Specialty Products Drives 31% Sales Growth

2026-07-31

Perimeter Solutions posts Q2 2026 net loss $181.6M, adjusted EPS $0.35 on $213.8M revenue