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Changying Precision turns to loss in first three quarters; embodied intelligence revenue up 532%
2 reports · 2 sources
Changying Precision's revenue for the first three quarters of 2026 was 16.453 billion yuan, up 21.78% year on year, while net profit swung from profit to a loss of 66 million yuan, down 114.16% year on year. The embodied intelligence and emerging technology hardware business, which has drawn market attention, posted revenue of 419 million yuan in the first three quarters, up 532.67% year on year, but accounted for only 2.5% of total revenue and has not yet made a sufficient profit contribution. About 60,000 square meters of factory space at the company's Shenzhen Robot Intelligent Manufacturing Industrial Park has been put into use, and the company's Southwest Base for embodied intelligence components in Yibin has also begun operations; the company says it delivered more than 1.1 million precision components for humanoid robots from January to August 2026, and that order growth in the third and fourth quarters is faster than in the first half of the year.
Report timeline
- Estun, SIASUN Robotics, and Everwin Precision Disclose Q1–Q3 2026 Financial Reports
Estun's revenue for the first three quarters was 3.699 billion yuan, with net profit attributable to shareholders of 171 million yuan, up 1984.24% year on year; its industrial robots ranked first in China market share for seven consecutive quarters. SIASUN Robotics' revenue was 2.437 billion yuan, up 9.87% year on year, but its net profit attributable to shareholders was a loss of 318 million yuan, with the loss widening 99.64% year on year; R&D expenses were 236 million yuan, up 58.15% year on year. Everwin Precision's embodied intelligence and emerging technology hardware business revenue was 419 million yuan, up 532.67% year on year; from January to August, deliveries of humanoid robot precision components exceeded 1.1 million units.
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- Changying Precision Swings to 66 Million Yuan Loss in First Three Quarters; Embodied Intelligence Revenue Up 532% Year-on-Year
Changying Precision reported revenue of 16.453 billion yuan for the first three quarters of 2026, up 21.78% year-on-year, with a net loss of 66 million yuan, down 114.16% year-on-year. Its embodied intelligence and emerging technology hardware business generated revenue of 419 million yuan, up 532.67% year-on-year, but accounted for only 2.5% of total revenue and has not yet contributed enough profit. The company's approximately 60,000-square-meter factory at its Shenzhen robot intelligent manufacturing industrial park has been put into use, and its Yibin embodied intelligence components southwest base is also operational.
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