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Bethel Automotive Safety Systems
Bethel Automotive Safety Systems (603596) investor relations material
Bethel Automotive Safety Systems Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary29 Apr, 2026
Executive summary
Revenue for Q1 2026 reached RMB 2.67 billion, up 1.38% year-over-year.
Net profit attributable to shareholders was RMB 268.64 million, down 0.64% year-over-year.
Main business income grew 0.88% year-over-year, with strong growth in smart electronic control and mechanical steering product sales.
R&D pipeline expanded, with 658 ongoing projects, up 32.1% year-over-year.
Financial highlights
Operating cash flow surged 179.34% year-over-year to RMB 118.15 million, driven by increased cash from sales.
Gross margin remained stable as cost of sales was largely unchanged year-over-year.
Basic and diluted EPS were both RMB 0.44, down from RMB 0.45 in Q1 2025.
Total assets at quarter-end were RMB 17.34 billion, up 0.36% from year-end 2025.
Net assets attributable to shareholders rose 3.18% from year-end 2025.
Outlook and guidance
New project wins in Q1 2026 are expected to generate annualized revenue of RMB 2.519 billion.
Continued focus on expanding domestic and international markets and optimizing customer structure.
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Latest events from Bethel Automotive Safety Systems
- 2025 revenue up 20.91%, net profit up 8.32%, with major global and R&D expansion.603596
H2 202528 Mar 2026 - Revenue and net profit surged over 30% year-over-year, with strong global expansion.603596H2 202417 Dec 2025
- H1 2025 revenue up 30%, net profit up 14%, led by NEV and smart system growth.603596H1 202529 Nov 2025
- Revenue up 27% and net profit up 15% year-over-year, with strong NEV segment growth.603596Q3 202530 Oct 2025
- Q3 revenue and net profit surged over 29% and 33% year-over-year, led by new energy vehicle growth.603596Q3 202413 Jun 2025
- Revenue and net profit surged over 28% in H1 2024, driven by strong auto parts demand.603596H1 202413 Jun 2025
- Q1 2025 revenue up 41.83%, net profit up 28.79%, driven by new energy vehicle growth.603596Q1 20256 Jun 2025
Next Bethel Automotive Safety Systems earnings date
Q2 202628 Aug, 2026
Bethel Automotive Safety Systems
Next Bethel Automotive Safety Systems earnings date
Q2 202628 Aug, 2026
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