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CSBC (2208) investor relations material
CSBC Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was NT$4,731,963 thousand, up 21% year-over-year, but the period ended with a net profit of NT$85,964 thousand, reversing a net loss of NT$831,631 thousand in Q1 2025.
Gross margin improved, and the company returned to profitability, driven by higher shipbuilding and machinery segment revenues.
The audit review concluded the financial statements present fairly in all material respects.
Financial highlights
Sales revenue increased to NT$4,731,963 thousand from NT$3,909,986 thousand year-over-year.
Net profit attributable to owners was NT$91,374 thousand, compared to a loss of NT$831,690 thousand in Q1 2025.
Basic EPS was NT$0.07, up from a loss per share of NT$0.65 year-over-year.
Cash and cash equivalents decreased to NT$1,600,977 thousand from NT$3,852,006 thousand year-over-year.
Gearing ratio remained high at 85%.
Outlook and guidance
Unfulfilled contract obligations totaled NT$125,154,022 thousand, expected to be recognized as revenue through October 2031.
Management expects continued revenue recognition from a robust backlog in shipbuilding, vessel construction, and anti-corrosion coating.
- Revenue declined sharply and losses narrowed, but financial risks and obligations remain high.2208
Q4 20245 Jun 2026 - Q1 2025 saw higher revenue but a deeper net loss, with major capital raises and a strong contract backlog.2208
Q1 20255 Jun 2026 - Revenue up, but losses deepen and gearing rises amid contract backlog and capital increases.2208
Q2 20255 Jun 2026 - Net loss widened to NT$2.47 billion despite higher revenue and major capital increases.2208
Q3 20255 Jun 2026 - Revenue up 50% to $21.78B NTD, but net loss persists at $2.26B NTD; high gearing and risks remain.2208
Q4 20255 Jun 2026
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