Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (FENGHUA) income statement

SHZ · Technology · Hardware, Equipment & Parts · 9,396 employees · CEO Xiao Ping Yang

Price: CN¥32.80 +1.67%
Market cap: CN¥37.6B
Enterprise value: CN¥35.9B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-20 EPS est. CN¥0.27

Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (FENGHUA) reported revenue of CN¥2.3B for Q3 '26 (+72.0% year on year), operating income of CN¥376M (16.3% of revenue) and net income of CN¥351M. Over the last four quarters revenue was CN¥7.45B.

Income statement

Income statement	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Revenue	CN¥981M	CN¥1.06B	CN¥1.33B	CN¥1.18B	CN¥1.37B	CN¥1.27B	CN¥1.5B	CN¥1.34B	CN¥1.65B	CN¥1.51B	CN¥1.99B	CN¥2.3B
Cost of revenue	CN¥822M	CN¥880M	CN¥1.04B	CN¥949M	CN¥1.2B	CN¥1.05B	CN¥1.27B	CN¥1.02B	CN¥1.42B	CN¥1.26B	CN¥1.6B	CN¥1.63B
Gross profit	CN¥159M	CN¥178M	CN¥293M	CN¥233M	CN¥171M	CN¥223M	CN¥224M	CN¥318M	CN¥232M	CN¥254M	CN¥381M	CN¥666M
Research & development	CN¥40.8M	CN¥48M	CN¥52.2M	CN¥64.9M	CN¥75.4M	CN¥63M	CN¥61M	CN¥78.7M	CN¥64.9M	CN¥69.3M	CN¥63.4M	CN¥95.7M
Sales & marketing	CN¥33.8M	CN¥19.3M	CN¥21.3M	CN¥26.9M	CN¥24.4M	CN¥25M	CN¥21.1M	CN¥28.8M	CN¥0	CN¥0	CN¥0	CN¥0
General & administrative	CN¥85.9M	CN¥71.7M	CN¥75.3M	CN¥67.1M	CN¥76.7M	CN¥70.1M	CN¥60.4M	CN¥78.2M	CN¥99.1M	CN¥109M	CN¥0	CN¥0
Other operating expenses	-CN¥58.3M	-CN¥43.2M	-CN¥42.7M	CN¥10.8M	-CN¥63.7M	-CN¥6.19M	-CN¥30.3M	CN¥67M	CN¥68.4M	CN¥15.9M	CN¥49M	CN¥39.3M
Operating expenses	CN¥102M	CN¥95.7M	CN¥106M	CN¥170M	CN¥113M	CN¥152M	CN¥112M	CN¥253M	CN¥232M	CN¥194M	CN¥213M	CN¥290M
Operating income	CN¥56.7M	CN¥82M	CN¥187M	CN¥62.8M	CN¥58.6M	CN¥70.9M	CN¥112M	CN¥64.9M	-CN¥83.8K	CN¥59.8M	CN¥168M	CN¥376M
Interest income	CN¥32.8M	CN¥29.6M	CN¥25.8M	CN¥23.6M	CN¥27.1M	CN¥22.7M	CN¥21.6M	CN¥24.3M	CN¥25.1M	CN¥21.8M	CN¥22M	CN¥22.7M
Interest expense	CN¥0	CN¥3.56M	CN¥3.15M	CN¥3.14M	CN¥3.13M	CN¥2.99M	CN¥3M	CN¥2.48M	CN¥2.3M	CN¥1.39M	CN¥1.56M	CN¥1.45M
Other non-operating income (gains on investments, FX ...)	CN¥348K	-CN¥2.48M	CN¥15.7M	-CN¥5.23M	CN¥867K	CN¥221K	-CN¥1.18M	-CN¥1.82M	-CN¥70.7M	-CN¥37.9M	CN¥0	CN¥0
Total non-operating income	-CN¥348K	-CN¥1.07M	-CN¥18.9M	CN¥2.1M	-CN¥4M	-CN¥3.22M	-CN¥1.83M	-CN¥652K	CN¥68.4M	CN¥36.5M	CN¥54.1M	CN¥29.9M
Income before tax	CN¥56.4M	CN¥80.9M	CN¥168M	CN¥64.8M	CN¥54.6M	CN¥67.7M	CN¥110M	CN¥64.3M	CN¥68.3M	CN¥96.2M	CN¥222M	CN¥405M
Income tax	-CN¥5.38M	CN¥7.88M	CN¥33.3M	CN¥8.23M	-CN¥12.2M	CN¥2.99M	CN¥7.07M	CN¥1.82M	CN¥13M	CN¥7.14M	CN¥19M	CN¥53.1M
Net income	CN¥62M	CN¥72.9M	CN¥134M	CN¥58.3M	CN¥71.9M	CN¥64.6M	CN¥102M	CN¥61.6M	CN¥54.8M	CN¥88.6M	CN¥202M	CN¥351M
EPS (basic)	CN¥0.05	CN¥0.06	CN¥0.12	CN¥0.05	CN¥0.06	CN¥0.06	CN¥0.09	CN¥0.05	CN¥0.05	CN¥0.08	CN¥0.18	CN¥0.31
EPS (diluted)	CN¥0.05	CN¥0.06	CN¥0.12	CN¥0.05	CN¥0.06	CN¥0.06	CN¥0.09	CN¥0.05	CN¥0.05	CN¥0.08	CN¥0.18	CN¥0.31
Shares (basic, weighted)	1.28B	1.22B	1.09B	1.16B	1.19B	1.08B	1.15B	1.2B	1.15B	1.15B	1.15B	1.15B
Shares (diluted, weighted)	1.28B	1.22B	1.09B	1.16B	1.19B	1.08B	1.15B	1.2B	1.15B	1.15B	1.15B	1.15B
Depreciation & amortization	CN¥141M	CN¥155M	CN¥155M	CN¥174M	CN¥174M	CN¥177M	CN¥177M	CN¥188M	CN¥188M	CN¥0	CN¥193M	CN¥0
EBITDA	CN¥197M	CN¥240M	CN¥326M	CN¥242M	CN¥232M	CN¥247M	CN¥290M	CN¥255M	CN¥259M	CN¥97.6M	CN¥361M	CN¥376M

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥2.77B	CN¥3.36B	CN¥4.58B	CN¥3.29B	CN¥4.33B	CN¥5.06B	CN¥3.87B	CN¥4.22B	CN¥4.94B	CN¥5.74B
Cost of revenue	CN¥2.26B	CN¥2.57B	CN¥2.7B	CN¥2.52B	CN¥3.09B	CN¥3.53B	CN¥3.33B	CN¥3.63B	CN¥4.06B	CN¥4.83B
Gross profit	CN¥512M	CN¥790M	CN¥1.88B	CN¥771M	CN¥1.25B	CN¥1.52B	CN¥549M	CN¥591M	CN¥874M	CN¥913M
Research & development	CN¥114M	CN¥131M	CN¥177M	CN¥144M	CN¥230M	CN¥245M	CN¥225M	CN¥193M	CN¥240M	CN¥228M
Sales & marketing	CN¥71.4M	CN¥84.9M	CN¥93.1M	CN¥76.3M	CN¥61M	CN¥80.3M	CN¥77M	CN¥93.1M	CN¥91.9M	CN¥0
General & administrative	CN¥393M	CN¥229M	CN¥280M	CN¥219M	CN¥314M	CN¥335M	CN¥278M	CN¥285M	CN¥291M	CN¥363M
Other operating expenses	-CN¥157M	CN¥26.9M	CN¥101M	-CN¥60.5M	-CN¥55.8M	-CN¥226M	-CN¥360M	-CN¥188M	-CN¥139M	CN¥146M
Operating expenses	CN¥421M	CN¥472M	CN¥651M	CN¥378M	CN¥549M	CN¥434M	CN¥221M	CN¥384M	CN¥484M	CN¥738M
Operating income	CN¥90.8M	CN¥318M	CN¥1.23B	CN¥393M	CN¥696M	CN¥1.09B	CN¥328M	CN¥207M	CN¥390M	CN¥175M
Interest income	CN¥31.8M	CN¥17.9M	CN¥20.2M	CN¥33.8M	CN¥62.6M	CN¥47.8M	CN¥153M	CN¥143M	CN¥91.5M	CN¥96.3M
Interest expense	CN¥32.3M	CN¥31.8M	CN¥9.8M	CN¥5.17M	CN¥17.9M	CN¥28M	CN¥29.8M	CN¥11.3M	CN¥14.1M	CN¥11.9M
Other non-operating income (gains on investments, FX ...)	-CN¥66.9M	-CN¥25.2M	-CN¥6.25M	-CN¥3.22M	CN¥211M	-CN¥19.1M	-CN¥49.6M	CN¥12.9M	CN¥7.73M	-CN¥147M
Total non-operating income	CN¥34.6M	-CN¥6.63M	-CN¥3.55M	-CN¥1.94M	-CN¥229M	-CN¥8.88M	CN¥19.7M	-CN¥24.3M	-CN¥21.9M	CN¥135M
Income before tax	CN¥125M	CN¥311M	CN¥1.22B	CN¥391M	CN¥467M	CN¥1.08B	CN¥347M	CN¥183M	CN¥368M	CN¥310M
Income tax	CN¥32M	CN¥48.9M	CN¥195M	CN¥42.7M	CN¥94.4M	CN¥128M	CN¥7.74M	CN¥2M	CN¥37.2M	CN¥24.9M
Net income	CN¥86.1M	CN¥247M	CN¥1.02B	CN¥339M	CN¥359M	CN¥943M	CN¥327M	CN¥173M	CN¥337M	CN¥283M
EPS (basic)	CN¥0.10	CN¥0.28	CN¥1.14	CN¥0.38	CN¥0.40	CN¥1.05	CN¥0.31	CN¥0.15	CN¥0.29	CN¥0.25
EPS (diluted)	CN¥0.10	CN¥0.28	CN¥1.14	CN¥0.38	CN¥0.40	CN¥1.05	CN¥0.31	CN¥0.15	CN¥0.29	CN¥0.25
Shares (basic, weighted)	895M	895M	892M	892M	897M	898M	1.06B	1.16B	1.16B	1.15B
Shares (diluted, weighted)	895M	895M	892M	892M	897M	898M	1.06B	1.16B	1.16B	1.15B
Depreciation & amortization	CN¥222M	CN¥223M	CN¥251M	CN¥317M	CN¥328M	CN¥326M	CN¥458M	CN¥498M	CN¥616M	CN¥730M
EBITDA	CN¥380M	CN¥566M	CN¥1.48B	CN¥714M	CN¥813M	CN¥1.43B	CN¥836M	CN¥692M	CN¥999M	CN¥1.05B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02