Quantumctek (688027.SS) Trading and Financial Update
Market Performance (24‑hour period ending 05:57 PM CET, Friday 23 Oct 2026)
| Item | Value |
|---|---|
| Price | CNY 306.5 |
| Daily change | 0 % |
| Total traded volume | CNY 753.9 million |
| Shares outstanding | 100.5 million |
| Market capitalization | CNY 30.9 billion |
| 200‑day simple moving average | CNY 412.6 |
| 52‑week high | CNY 760.88 (13 Feb 2026) |
| 52‑week low | CNY 277.1 (15 Oct 2026) |
| Month‑to‑date change | –20.59 % |
Quantumctek shares remained flat during the 24‑hour window. The current price of CNY 306.5 places the stock below its 200‑day moving average and well above its 52‑week low. The total trading value of CNY 753.9 million reflects a relatively low liquidity environment compared with the company’s market capitalization of CNY 30.9 billion.
Latest Quarterly Results (Q3 2026)
Quantumctek announced its third‑quarter 2026 results on 22 Oct 2026 during the scheduled conference.
| Metric | Q3 2026 | Q3 2025 |
|---|---|---|
| Loss per share | –CNY 0.23 | –CNY 0.03 |
| Turnover | CNY 34.4 million | CNY 68.4 million |
| R&D expenditure | > 50 % of revenue | — |
| Operating cash flow | Negative | — |
The company reported a larger loss per share and a 50 % decline in turnover compared with the same period in the previous year. Revenue contraction is primarily attributed to lower sales from the quantum‑computing segment and a slowdown in revenue recognition timing. R&D spending remained above 50 % of revenue, underscoring continued investment in core technology. Operating cash flow was negative, reflecting the loss and higher cash outflows for research and development.
Management highlighted ongoing contracts and the planned delivery of a quantum‑computing system in the upcoming quarter. This suggests that, despite the quarterly loss, the company maintains active projects in its core technology areas.
Related Stock Performance (24‑hour period)
- Asr Microelectronics Ltd. (688220.SS) – Flat 0 %; price CNY 91.5; market cap CNY 37 billion.
- China Greatwall (000066.SZ) – Flat 0 %; price CNH 11.78; market cap CNH 39.5 billion; P/E 334.15.
- China Citic Asset Management (2799.HK) – Down –3.45 %; price HKD 0.56; market cap HKD 43.3 billion; P/E 3.63.
- Lenovo Group (0992.HK) – Down –10.92 %; price HKD 22.64; market cap HKD 42.7 billion; P/E 71.23.
- Loongson Technology (688047.SS) – Flat 0 %; price CNY 95; market cap CNY 36.7 billion.
Sector Context
On 23 Oct 2026, analysts noted continued gains in the Chinese computing‑chip sector. Several domestic chipmakers reported strong quarterly results, leading to share price increases above 10 %. Firms such as Suyuan Technology, Moore Thread, and Muxi Co. experienced gains exceeding 15 %. Haiguang Information, Cambricon, and Loongson Technology Corp. also posted positive performance. Loongson’s recent earnings release showed a turnaround in profitability for the first three quarters and a significant revenue increase in the third quarter. The broader sector momentum indicates growing investor confidence in domestic chip development.
About QuantumCTek Co Ltd. QuantumCTek Co Ltd. is a Chinese company listed on the Shanghai Stock Exchange.
