Hygon posts CNY 14.95 billion revenue: what it means for Hygon Information Technology stock
Published on 10/22/2026 at 09:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and valuation markers
- Revenue reached CNY 14.95 billion in the nine months ended September 30, 2026, up 57.58 percent.
- Third-quarter revenue was CNY 5.86 billion, while research and development spending reached CNY 1.74 billion.
- Hygon Information Technology had a CNY 446.2 billion market capitalization on October 22, 2026.
Hygon Information Technology (CNE100005PT2) reported revenue of CNY 14.95 billion for the nine months ended September 30, 2026, up 57.58 percent from a year earlier, according to MarketScreener. The results were published on October 19, 2026, and net income rose 45.12 percent to CNY 2.85 billion.
Results show broad growth
The latest report points to strong expansion across Hygon's processor business. Third-quarter revenue reached CNY 5.86 billion, an increase of 45.46 percent year over year, while profit attributable to shareholders rose 37.90 percent to CNY 1.05 billion, according to Quartr.
For the first nine months, diluted earnings per share increased to CNY 1.23 from CNY 0.85 a year earlier. Research and development spending reached CNY 4.47 billion, equal to 29.90 percent of revenue, as Hygon continued developing processors and data-center accelerators.
What does the spending mean?
The main trade-off is visible in quarterly costs. Huatai Securities said on October 20, 2026, that third-quarter research and development expense reached CNY 1.74 billion, up 60.30 percent year over year, while quarterly gross margin was 58.74 percent. The analyst kept a Buy rating but cut its target from CNY 337.00 to CNY 286.17, as reported by Futu.
Three dates define the story
On September 22, 2026, Hygon presented an embedded industrial-control chip while its Shanghai quotation stood at CNY 256.00, according to MarketScreener. On October 15, 2026, the company forecast nine-month revenue of CNY 14.28 billion to CNY 15.58 billion and net profit of CNY 2.71 billion to CNY 2.98 billion. On October 19, 2026, it reported the completed nine-month figures of CNY 14.95 billion in revenue and CNY 2.85 billion in net income.
Next dates and valuation
The next dated market marker is October 22, 2026, when Hygon's Shanghai quotation was CNY 191.96 at 2:48 p.m. CST. The company had a market capitalization of CNY 446.2 billion on the same date, placing the growth figures against a valuation that still depends heavily on continued demand for domestic computing hardware.
Market value sets the frame
Hygon Information Technology had a CNY 446.2 billion market capitalization on October 22, 2026. Its primary listing is on the Shanghai Stock Exchange under ticker 688041.
Hygon Information Technology stock facts
- Company: Hygon Information Technology Co., Ltd.
- ISIN: CNE100005PT2
- Ticker: 688041
- Primary exchange: Shanghai Stock Exchange
- Market capitalization: CNY 446.2 billion (as of October 22, 2026)
- Sector / Industry: Technology / Computer Hardware
Market context: Market report Shanghai Composite.
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