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Fuyao Glass Industry Group (03606) investor relations material
Fuyao Glass Industry Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating revenue for Q1 2026 rose 5.08% year-over-year to RMB10.41 billion.
Net profit attributable to shareholders declined 15.68% year-over-year to RMB1.71 billion.
Total assets increased 4.68% from year-end 2025, reaching RMB73.34 billion.
Financial highlights
Total profit dropped 18.42% year-over-year to RMB2.03 billion, mainly due to a swing from exchange gains to losses.
Excluding exchange impacts, total profit increased 9.63% year-over-year.
Net cash flows from operating activities fell sharply by 82.22% year-over-year to RMB357 million, due to higher settlements by bills and increased payments of maturing bills.
Basic and diluted EPS were RMB0.66, down from RMB0.78 in Q1 2025.
Return on weighted average net assets was 4.46%, down 1.07 percentage points year-over-year.
Outlook and guidance
Management commentary attributes profit decline to exchange losses, suggesting underlying business growth remains positive when currency effects are excluded.
- 2025 revenue and net profit surged, margins improved, and a 58.85% dividend payout was proposed.03606
H2 202517 Mar 2026 - Q3 net profit jumped 53.54% year-over-year on strong revenue and efficiency gains.03606
Q3 20248 Dec 2025 - H1 2024 revenue and net profit rose over 22% and 23%, driven by innovation and global expansion.03606
H1 20248 Dec 2025 - 2024 saw 18% revenue growth, 33% profit rise, and a proposed RMB1.80/share dividend.03606
H2 20248 Dec 2025 - Net profit up 37.34% to RMB4.80bn on 16.94% revenue growth and higher margins.03606
H1 20258 Dec 2025 - Double-digit revenue and profit growth achieved, with strong cash flow and asset expansion.03606
Q3 202516 Oct 2025 - Q1 2025 net profit surged 46% on strong revenue and operational gains.03606
Q1 20256 Jun 2025
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