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Angel Yeast (600298) investor relations material
Angel Yeast Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 reached RMB 4.53 billion, up 19.49% year-over-year.
Net profit attributable to shareholders was RMB 425.93 million, a 15.08% increase year-over-year.
Basic EPS rose to RMB 0.50, up 16.28% from the prior year.
Operating cash flow was negative at RMB -370.48 million, down 45.74% year-over-year.
Financial highlights
Gross margin improved as revenue growth outpaced cost increases.
Total assets at quarter-end were RMB 25.66 billion, up 0.77% from year-end 2025.
Shareholders’ equity increased 3.67% to RMB 12.46 billion.
Non-recurring profit items contributed RMB 40.17 million to net profit.
Weighted average ROE was 3.48%, up 0.12 percentage points year-over-year.
Outlook and guidance
Management highlighted increased operating expenses and cash outflows, signaling a focus on cost control and cash management for the coming quarters.
- 2025 revenue up 10.08%, net profit up 16.60%, with strong cash flow and major acquisition.600298
Q4 202531 Mar 2026 - Net profit surged 21% in Q3 2025 on higher sales and strong cash flow, despite rising impairments.600298
Q3 202530 Oct 2025 - Q1 2025 delivered double-digit net profit growth and stronger cash flow, despite higher impairments.600298
Q1 202510 Sep 2025 - Double-digit profit and revenue growth achieved, with robust international and product expansion.600298
Q2 202518 Aug 2025 - Revenue and profit rose, but cash flow declined amid higher costs; global expansion continues.600298
Q2 202413 Jun 2025 - Q3 2024 revenue surged 27.14% year-over-year, with net profit up 7.02%.600298
Q3 202413 Jun 2025 - Record revenue and profit, with strong global expansion and robust yeast segment growth.600298
Q4 20249 Jun 2025
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