标题: First-Three-Quarter 2026 Results Roundup: 14 Listed Companies with 3D Printing Businesses [打印本页] 作者: admin 时间: 2026-11-4 20:11 标题: First-Three-Quarter 2026 Results Roundup: 14 Listed Companies with 3D Printing Businesses Nanjixiong introduction: Reviewing A-share companies after reporting season reveals a clear pattern. Powder and filament suppliers generally saw sharply higher profits; leading metal equipment manufacturers had mixed results; and printing service businesses remained loss-making.
On November 3, 2026, Nanjixiong reviewed 14 companies' first-three-quarter results, grouped into three business categories.
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Year-on-year revenue growth for the 14 companies, first three quarters of 2026.
Materials: Profits Rise Together
Hisun Biomaterials: Revenue RMB 953 million, up 53.41%; attributable net profit RMB 27.447 million, up 459.49%. A major supplier for PLA printing filament, with approximately RMB 480 million printing-related revenue.
Yinbang: Revenue RMB 6.908 billion, up 52.59%; attributable net profit RMB 102 million, up 59.26%. Aluminum/titanium additive powders continue growing.
GRIPM Advanced Materials: Revenue RMB 3.913 billion, up 37.35%; attributable net profit RMB 74.81 million, up 44.81%. H1 printing powder volume was 364 tonnes, up 79%.
Gaona Aero Material: Revenue RMB 3.103 billion, up 10.68%; attributable net profit RMB 117 million, down slightly by 5.89%. Superalloy powders cover additive manufacturing, hot isostatic pressing, MIM, and other processes.
Three of the four grew profit by more than 40%, with Hisun's increase approaching fivefold. Growing printing of consumer-electronics titanium structures, new-energy liquid-cooling plates, and aerospace superalloy parts raises powder and filament demand.
Equipment: Mixed Outcomes
Han's Laser: Revenue RMB 21.474 billion, up 68.92%; attributable net profit RMB 2.177 billion, up 152.19%. Its wholly owned Han's Additive subsidiary specializes in metal printing, offering powder/wire equipment, nonmetal photopolymerization, and laser cladding repair for aerospace, 3C electronics, medicine, and molds.
Farsoon: Revenue RMB 510 million, up 28.11%; attributable net profit RMB 19.58 million, up 34.48%.
BLT: Revenue RMB 1.260 billion, up 8.54%; attributable net profit RMB 107 million, down 30.99%; adjusted net profit RMB 64.09 million, down 41.33%. Q3 revenue was broadly unchanged year on year.
Scantech, 3D scanning: Revenue RMB 283 million, up 5.40%; attributable net profit RMB 20.53 million, down 74%. Q3 revenue RMB 97.69 million, up 6.81%, and net profit RMB 6.41 million, down 74.5%.
Amsky: Revenue RMB 123 million, up 2.66%; attributable net loss RMB 30.5264 million, widening 53.82%. It continues investing in sand printing equipment.
Together these illustrate sharp divergence. Han's Laser combines its large laser-equipment business with printing and more than doubles profit. Farsoon maintains double-digit revenue and profit growth. BLT has 2.5 times Farsoon's revenue but declining profit. Scantech grows revenue while profit narrows, and Amsky remains loss-making. Shared pressures include increased R&D, longer consumer-electronics and aerospace validation, and emerging price competition.
Downstream Services and Applications: Losses or Modest Profits
Sunshine Laser: Revenue RMB 1.805 billion, up 87.09%, mainly from consolidation; attributable net loss RMB 83.97 million.
Yingliu: Revenue RMB 2.943 billion and attributable net profit RMB 371 million. Q3 revenue RMB 1.113 billion, up 50.96%, and net profit RMB 150 million, up 41.92%. Aeroengine and gas-turbine component growth includes some additive parts.
Chaozhuo Aviation: Revenue RMB 285 million, up 5.39%; attributable net profit RMB 10.90 million, up 4.75%. Primarily using cold-spray additive technology, it is expanding from aviation maintenance into new-energy vehicles, thermal management, and wear-resistant coatings.
Hongrida: Revenue RMB 676 million, down 2.46%; attributable net loss RMB 48.1266 million, shifting from profit to loss. Primarily a precision electronics structural-component company, it completed printer development and entered batch manufacturing in 2025. Printing remains in development.
Nanfang Ventilator: Revenue RMB 310 million, down 21.20%; attributable net loss RMB 11.747 million. Subsidiary Nanfang Additive remains in development without scaled orders.
Their shared feature is that printing is either new or too small to support the listed company's overall income statement. Nanfang stated earlier this year that printing would have limited short-term effects on overall performance.
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Year-on-year attributable net profit growth for the 14 companies, first three quarters of 2026.
Nanjixiong's Observations
First, materials suppliers are benefiting earliest from volume growth. Rising profits at Hisun, Yinbang, and GRIPM indicate real downstream printing activity rather than speculation.
Second, equipment divergence is intensifying. High growth at Han's and Farsoon, profit declines at BLT and Scantech, and Amsky's losses reflect differences in positioning, cost control, and R&D timing as equipment expands beyond aerospace into electronics, automotive, and medicine.
Third, printing services and smaller-equipment businesses have not yet broken through. Sunshine Laser, Hongrida, and Nanfang remain loss-making; Yingliu and Chaozhuo are profitable but printing remains a small share.
Fourth, laser-equipment giants such as Han's are making printing a new growth area, using proprietary lasers and strong consumer-electronics customer relationships. Competition in metal equipment will intensify further.
Sources: Companies' third-quarter 2026 reports; East Money; Stockstar; Sina Finance; Cailian Press; Phoenix Finance.
AI-translated from an article by Kuaixiong on Nanjixiong, originally published on 2026-11-03. Text and images retain the original source attribution. Read the original Chinese article
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