According to EnergyTrend, on October 15, two leading energy storage enterprises, Eve Energy and Ganfeng Lithium, released their performance results for the first three quarters of 2026.
Eve Energy projected its revenue for the first three quarters to rise by approximately 60% year-on-year, with new production capacity continuously ramping up and Q3 performance maintaining strong growth. Ganfeng Lithium reported a net profit attributable to parent shareholders of about RMB 5.012 billion for the first three quarters, surging 19,540.5% year-on-year.
Eve Energy’s projected net profit attributable to parent up 80%–90%
On October 15, Eve Energy issued its performance forecast for the first three quarters of 2026, expecting positive net profit with a year-on-year increase.
The announcement stated that for the first three quarters of 2026, Eve Energy expects operating revenue to increase by roughly 60% year-on-year. Its projected net profit attributable to parent shareholders stands at RMB 5.068 billion to RMB 5.35 billion, representing an 80%–90% rise compared with RMB 2.816 billion recorded in the same period of the previous year. The non-recurring profit and loss-adjusted net profit is estimated at RMB 3.875 billion to RMB 4.262 billion, up 100%–120% year-on-year.
Eve Energy attributed the year-on-year positive growth in its first-three-quarter results to two major factors. First, the company has kept advancing product iteration, service upgrading and process optimization to seize market growth opportunities, driving sustained business expansion and a roughly 60% year-on-year increase in operating revenue.
Second, the company maintains forward-looking technology leadership. Its diversified business portfolio and global manufacturing network have taken shape. New production capacity is being unlocked steadily, and new products have achieved successive deliveries, underpinning scalable growth and consolidating profitability.
Combined with its previously released half-year financial report, Eve Energy’s projected net profit attributable to parent shareholders of RMB 5.068 billion–5.35 billion for the first three quarters exceeds the H1 net profit of RMB 3.301 billion, indicating continued performance expansion in Q3.
Ganfeng Lithium’s net profit jumps 19,540.5%
On the same day, Ganfeng Lithium disclosed its Q3 2026 operating results.
For the first three quarters of 2026, Ganfeng Lithium posted operating revenue of approximately RMB 36.159 billion, a 147.24% year-on-year increase. Net profit attributable to parent shareholders reached about RMB 5.012 billion, soaring 19,540.5% year-on-year. Non-recurring profit and loss-adjusted net profit was around RMB 4.626 billion, rising 592.14% year-on-year.
For the standalone third quarter of 2026, Ganfeng Lithium achieved operating revenue of roughly RMB 13.062 billion, up 109.03% year-on-year. Net profit attributable to parent shareholders totalled about RMB 755 million, growing 35.62% year-on-year. Non-recurring profit and loss-adjusted net profit stood at approximately RMB 788 million, a 2,803.44% year-on-year surge.
The financial report noted that the sharp revenue growth during the reporting period mainly stemmed from the recovery in selling prices of lithium products and higher sales volume of lithium battery products.
Source：EnergyTrend